Scotholl, I have to disagree with brabus; the project has always been do or die, all or nothing and this hasn't changed. The current SP, in an environment where blue chips have been absolutely smashed does not spell the end. With overseas funds liquidating Aussie stocks, short term pain is unavoidable. In real terms, the SP can be manipulated by anyone with 50k to play with.
The project is real!
The oil is real!
The seismic in Dharoor is real!
AOC, backed by Lundin are cashed up and progressing the project!
Range are free carried...with no debt!
If/when the offshore and other planned strategies are implemented, they will be the cream!
If you hang tight, I think you will be surprised!
Good luck everyone!
RRS Price at posting:
6.9¢ Sentiment: Hold Disclosure: Held
