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mikemercury

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18/05/15

19:23

Post #: 15302834
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Originally posted by jimmyp ↑

IMO the best way RAMS can go about this now is to start drilling with the money already raised from 'sophisticated investors' which will get the share price moving a bit.

Then once drilling has started and price is moving, do the internal shareholder raising which would in turn raise a lot more seeing the share price is above what it is at now and would make us long term shareholders far happier. If they did it before drilling I can't see them raising too much as we'd get it for the same price as the market with the options being the only advantage. so for me drilling WILL be in June as stated and this will be the order of events.

Doesn't take a genius to work out how to play it all out, I'm proof of that just hope they get it right for once

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Hi Jimmy,

You sound very confident that drilling will commence in June.

I'm afraid that with all of the let downs in the past, I still have lingering doubts.

You've got to admit, their track record has been atrocious. So why do you see things being different this time ?

RMR Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
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Share placement, page-13

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