Thanks nicto. I got another 500k to bring my holding to 1.5 m. I dont need the money but I want to leave my two daughters as much as possible. I want to up my stake to 2m...at least.
These are the factors which make me just love RPM
1, The MD Mr Siller is 77 and has told a Broker mate of mine that he intends to go out 'in a blaze of glory'.
2.They were cash flow positive in the last quarter and can look forward to further cash from the Growler and other associated fields.
3.They are sitting on a potential 960BCF CSG from Pl171. Far out!!!!
4.Their 7th largest shareholder is NZ's Hubbard and Churcher sitting at 6.2 m shares.
5.They have further CSG acreage as well.
6. Based on all the above they have the potential to go well over $2.00
As always DYOR. I just look at the fundamentals and the big one ( PL171 CSG ) is being played out now.
RPM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
