RMP 0.00% 1.7¢ red emperor resources nl

The duster cost ~$10M? Fake news Ruskie, or lazy. Dry hole cost...

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    The duster cost ~$10M?

    Fake news Ruskie, or lazy.

    Dry hole cost was USD 15 mill, so AUD ~21 mill

    RMP's share of cost was 35%

    So duster cost was AUD ~$7.4 mill

    Advice from the company is "Indications are that the well has come in on or slightly under budget."

    Cheers
 
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