rrs flying high on aim., page-6

I don't think there's any difference over the long run, and most likely a negligable difference over the short run as well.

The ECTV drilling and Texas frac were/are not big pieces of news. They're not the share price drivers and are certainly not the reason for the rises of late. To put it into perspective, the North Chapman Ranch has at best (P10) 3.3mmbls of oil and the same in condensates (so basically 6.6 mmbls or so net to RRL).

40% interest in first Georgian well gives us approximately 20mmbls net to RRL (150mmbls target, 50mmbls recoverable, 40% of 50 mmbls is 20 mmbls), and that is of course simply the first of the targets. In Puntland the difference is even greater. Put simply, the Texas wells are not what the market is getting excited about so releasing them over 3 seperate days would not have made much difference IMO.

The big news is the drawdown completion and details as to how much has been drawndown. That's the important news.

I don't know anything about Griffin Mining, but the consecutive rises over three days probably had little to do with the timing of the RNS's. It's more likely the rise on the first day didn't adequately take into account the new news and so more rises followed. An RRL example would be the helium survey, which only caused a 12% or so rise on the day of release, but over the coming days there were further rises as the news hadn't yet (and still isn't IMO) priced in adequately by the market.