Ann: RNI Defines New Priority Drilling Targets, page-19

The main takeaway for me from today's announcement is that is was saturated with intent, inherently bullish about the immediate way forward and what RNI have every intention of doing in terms of drill programmes, FLEMs, etc. All without any reference to cash funding limitations or obstacles.

Almost like there are no risks to it undertaking and achieving such a bullish and immediate programme. Certainly not in relation to the significant cost of doing so and that should give holders a reasonable degree of confidence and go some way towards explaining why the SP hasn't drifted materially lower since.

Interesting times, as always, on the good ship RNI