MP, all I can say is read the announcements and the Notice of General Meeting. Call John Risinger and he will talk about the shale oil rock and how easy it is to be mined and how much there is (potentially).
Also, have a look at what Boss Energy (BOE) are doing in this area. Look at the share price. Look at the directors and shareholders in the Top 20. Look at their JVs. Look at where their tenements are.
Apparently, Holloman Corporation have expertise in new technology that has been developed in the US for extracting the oil from the shale rock that doesnt involve the older method of heating and chemicals etc.
This is something that possibly will blindside a lot of us holders.
DYOR
RMG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
