just like mon, page-3

Different stage to MON and they have adequate cash to fund what they are doing at the moment. Had $800k at end of quarter and raised $1.7 million a couple of days ago. The drilling program is ended for the time being so they seem to be ok from a cash perspective.

MON was in production when it went into administration - so they had high operating cost commitments which weren't being met by production revenues. Different situation to RCP which isn't in production yet - only relatively early production planning - but they'll need to make sure they do their numbers properly if they don't want to go the same way as MON in the future.