RRS range resources limited

what happened to georgia?, page-12

  1. 201 Posts.
    Smart,
    You mention above that after taking into account our commitment of $14m for Georgia and Puntland we are still left with $25m. It also seems like there is further DD going on.
    How much more do you think we will have to raise to take the whole of T&T from SOCA.
    Does all the payment have to be by way of cash or could we pay them partly cash and partly by way of issuing shares?
    Normally when there is a void in announcements the SP retraces but as has been the case with previous DD's the SP is managed within a range when the DD is taking place.
    Therefore with the passing of each day without the release of news and the SP being stable, I for one do not mind if a few more days elapse if we are drawing more funds for further acquisitions.
    If however we don't take 100% of T&T, who do you reckon will take the rest?
    Do you think that Further Georgia news will now be released to coincide with RMP listing on AIM?
 
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