ds, I actually do acknowledge the current achievements, however I see a few problems.
One is, Smith #1 will ( has?) add little value to the SP as the revenue will be quickly swallowed up by their cash burn
Two, Puntland, the jewel in the crown, any achievements here mean very little if a well does not get drilled, and it seems nobody knows when that will happen. When do the current agreements expire?
Three, regardless of achievements, the most important thing for anyone here on HC, for any sharemarket investor, is the SP ( and ultimately our own personal balance sheetes), and for some reason the SP does not acknowledge any of RRS's achievements....why?
RRS Price at posting:
5.8¢ Sentiment: None Disclosure: Held