$25 mill won't get you much if a well these days...
RIA is not a major, and the I accepth that part of thsi well could be considered a appraisal of IVCO 14, and as such should already be built in to the RIA share price
But, and it's a big but... the Condor prospect is exploration, and how many of you think that success at Condor would have no impact on the share price??
I am not suggesting they are cheats but I think they are short of some common sense and are playing this well the wrong way with respect to the australian dicslosure rules... the AIM rules are different, and this well is being run out of London, and I think that with thei aim listing they don't give a toss about the ASX.
why am I holding...i don't think I have a choice until something concrete is announced.
RIA Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held
