RMR ram resources limited

Ann: Fraser Range Land Holding Increased, page-6

  1. 440 Posts.
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    Charliek,
    Think about this - if a small cap Company like RMR in this current market and with this low SP decides to spend its last capital on a drilling program and fails to find anything worthwhile, then how is it going to raise any more capital ?
    The strategy might be to take up EP's adjacent to as many of the other players as possible in the hope that they hit paydirt close to our joint boundary. This would then possibly lead to a JV or give a greater leverage to capital raising.
 
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