RRS range resources limited

That's interesting. 3 million pounds ($4.8m) used out of the...

  1. 478 Posts.
    That's interesting. 3 million pounds ($4.8m) used out of the drawdown facility. I smell that action is going to be taking place soon.

    We're free carried on development for Trinidad, and Texas funds itself from cashflow (and costs very little anyway).

    Options are:

    - Georgia mobilisation.
    - Puntland mobilisation.
    - A percentage increase in Trinidad.

    We have the cash in the bank to fund Georgia mobilisation already. We wouldn't need another 3 million for Georgia at this stage. So what's your money on folks? Extra 10% in Trinidad or Puntland mobilisation (both will cost around 5 million dollars which is close to what has been raised, assuming AOI have finally got their rig contractor sorted).

    Something's happening anyway.
 
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