FME RRS

Ann: Red Emperor Completes Georgian Deal , page-8

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  1. gabeh
    344 Posts.
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    24/05/11
    13:31
    Post #: 8443203
    So where do you think the funds will come from for further drilling? Range holds 40% of Strait with RMP holding 20%.

    I guess Strait can go out and rsise funds either as debt or by selling additional shares and diluting, Range, RMP and their shareholders.

    The money has to come from somewhere.
    RMP Price at posting: 35.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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