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1.37% 7.4¢ rpm automotive group limited

30 cents, page-5

  1. captain_salty
    7,611 Posts.
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    21/05/08
    14:56
    Post #: 3745992
    Should run out of steam at 35c or so ...imo.
    Then a placement of say 50m shares at 30c would be excellent ... raising $15m , plus $5m in bank , plus oppie conv in Dec $12m ,,, so totally $32m well and truely enough to drill a couple of wells at Signal Head and retain 40% equity in the block?
    Thats what I'd do anyway LOL .... imo.

    SALTY
    KIK Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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