RIA 0.00% 3.3¢ rialto energy limited

Ann: BlockC1-202 Operations Update , page-4

  1. J8
    14,522 Posts.
    lightbulb Created with Sketch. 817
    " Offshore Exploration 101 demands that you NEVER sole risk drills. " ..

    a quote from GO on the NEN thread .

    GO , Do you think there will be a farmin/jv announced soon ?
    This is not really exploration drilling so your quote is not necessarily apt here but I am wondering what the heck they are going to do and when .

    According to the quarterly there will $15m more spent by Dec. 31st . That leaves $40m and that is not enough .

    A 15% CR of say 50m shares ( and OPTIONS ) ( seeming they wanted to mention EXPIRED options ! ) at 25c and a SSP of the same could raise enough to go it alone .

    AIM listing ????? The market conditions may preclude this ATM ????

    Securing Ghana is problematic . I wonder how much more will be factored in to the SP when and if we get approved .



 
watchlist Created with Sketch. Add RIA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.