unloved and unwanted - or so it seems., page-43

Welcome aboard Speculator. This is an open forum and welcomes ALL OPINIONS. I also like transgressing into your favoured stock, good old BPT, we are "partners" after all. Aren't we?? And what's wrong with a little bit of "tension" between friends?
There will be another QR due out in a couple of weeks and that will give you a bit more insight re your queries. They had $10.5 mil on hand as at 31 March 2012. They have never "hidden" the fact that cash is very tight, we are all aware of that.
Major expenses in foreseeable future will be in 855 and BPT will be paying for $16 mil of that and we only have to find a bit over $1 mil.
When drilling in 626 resumes, and it will, all expenses will be paid by Stanwell. The only "uncertain" drilling expenses revolve around the Victorian leases later this year.
Management hate to dilute issued capital and C/R's are as scarce as hens' teeth with "placements" being the preferred option. To have barely 490 mill I.C. is remarkable and surely one of RJ's greatest achievements when you compare it to the billions that other "peers" have. That alone is a major "asset" for us shareholders.

How future funding takes place is really anybody's guess, but, I am sure that RJ will be doing his utmost to find alternative means, which we will just have to watch and see (like any other exploration company). J/V's would be his objective and he has high equity in his assets and they are "attractive" to potential farminees. That's the way I think he will go.
As for "selling up everything else and putting all our eggs 100% into 855", sorry, won't happen, ever!!
Just keep DYOR and whether you do, or don't, see the same light at the end of the tunnel with ICN, then it's your call. Enjoy he next 3 months.