RMG 0.00% 0.7¢ rmg limited

approaching the 31 august, page-32

  1. 594 Posts.
    Ramsay...

    JV? if it is true, Holloman as a whole reside in RMG / PKT...very good news,

    even without the tenement, Holloman alone has been a contractor to the OIL & GAS big boys.

    bet Holloman is preparing to be a major player locally,

    Holloman Exploration (HEX)
    Holloman Exploration is currently engaged in the
    acquisitions, development, and marketing of Oil, Gas &
    Minerals in Australia. ( If this is not Vertical Integration in the making, what is??, not forgetting Tech Exploration Pty Ltd providing Drilling activities)

    Offshore: Holloman Exploration principal assets consist
    of 339,769 gross surface acres in the Gippsland Basin,
    Victoria Australia and 160,618 gross surface acres
    Sub-Barrow Basin, Western Australia.
    Onshore: Holloman Exploration is a farm-in participant
    on three acquisitions consisting of 1,698,348 gross
    surface acres in the Cooper Basin, South Australia.
    ( JV with Endeavor Energy 10 Aug 2007)

    Also, Holloman Exploration currently has mineral
    exploration acquisition pending in South Australia.
    ( RMG most probably, since they deliberately stated acquisition pending)

    And the only reasons i could think of why they go through Ascent Capital, is the know how in local financial market which is reflected in the success rate all this while.

    how will it affect the sp ?? go figure..

    and on top of all that, we have not seen the 55 million shares issued to the sophisticated investor in the screen lately, which can only mean this stock is being held tightly......anyone comments are welcome in regards to this issue specifically...
 
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