Smartinvestor,
Seriously mate just what is your point here besides the obvious.
lets say, for arguments sake that you are right?, and RMP have not raised enough funds for the next 6 months, to cover in their entirety RMPs proportion of drilling costs over the 1st 3 wells, SO WHAT, it took RMP 3 days to raise $10 million dollars, if further funds are needed, hey presto, another 3 days and another $10 million will magically appear, gee, now hang on a minute here, isnt that exactly what being a Listed Company is all about.
Your view here smart IMO is hysterical, I am sure all RMP Shareholders would be more than happy, with Greg Bandys decision to play it out this way.
AFTER ALL ISNT ONE OF THE CEOs MAIN RESPONSIBILITY TO SHAREHOLDERS, TO RAISE SUFFICENT FUNDS AS NEEDED, TO AVOID ANY UNNECESSARY DILUTION TO CURRENT SHAREHOLDERS.
Cheers
jamit01
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