re: Ann: Onshore Trinidad Acquisition and App...
Whats not to like?
Low Cost Low Risk Attractive Upside Targets Already Producing Drill Rigs x 5 Owned and Operated Very Importantly Range will be carried through initial development expenditure
Another very good aquisition on very favorable terms. Onwards and upwards IMO.
Next cab of the Rank Texas Fracc Results and Flow Rates, which we would have to assume are very very good considering how long it is taking to release pressure?
Georgia Seismics Results due late July early August Confirmed by RRS, this IMO will really be the main share price driver short term, and would expect upon these results and Georgia Drilling Strategy release will see us through around 20-30c IMO.
Cheers
jamit01
RRS Price at posting:
10.5¢ Sentiment: ST Buy Disclosure: Held