Sorry to dash your hopes Steve, but the offshore jv as you refer to it is nothing more than the co looking for someone who would be willing to share the costs of shooting some off shore siesmics in pirate infested waters.
Kenny suggests that it will cost 3 million dollars.
Money that rrs has not got access to.
Pehaps another cap raising is in order ?
Perhaps they need the sp above 30c in order to do a 25c placement...who knows ??
Coupla weeks will always tell us something..
cheers.
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