RIA 0.00% 3.3¢ rialto energy limited

The coy has already booked the rig for next 2013 first half...

  1. 328 Posts.
    lightbulb Created with Sketch. 13
    The coy has already booked the rig for next 2013 first half drilling,part exploration part appraisal,if I understand correctly. They expect development of Gazelle to be debt funded.But they have neither farmin partner nor funds to pay the rig for the exploration.I see this as unusual..what am I missing here.This is NOT a speculation of management incompetence .
 
watchlist Created with Sketch. Add RIA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.