I meant RMT, not RTM. LOL - soaring again today.RMA Energy...

I meant RMT, not RTM. LOL - soaring again today.

RMA Energy closes up 240% on first day of trade
Thursday , 07 Jun 2007

Western Australian based diversified resources company RMA Energy Limited (ASX: RMT) had a successful first day trading on the Australian Stock Exchange (ASX) closing at .85c up 240% on its issue price of 25c.

The stock hit a high of .87c and there were more than 800,000 shares traded throughout the day.

The success of the listing follows the unprecedented demand the company experienced for its A$4.25m Initial Public Offering (IPO), which was closed within a week of opening.

Following its successful listing, RMA will now focus on exploration at its advanced Queensland projects. Drilling on one of the sites is expected to commence within the coming week.

The company has recently entered into an arrangement with a private company to secure exclusive use of a RC drill rig - which will ensure it has no delays due to drill rig shortages. It is expected that this rig will be used by the company for at least the next six months across its projects in Queensland.

http://www.mineweb.net/mineweb/view/minewe...21915&sn=Detail

Furthermore:

RMA Energy closes A$4.25m IPO early
Wednesday , 16 May 2007

Key points:

· A$4.25m IPO closed after one week (within one week)

· Demand for IPO from investors

· Advanced project portfolio to be aggressively explored on listing

Western Australian based diversified resources company RMA Energy Ltd ("RMA") has closed its Initial Public Offering (IPO) after just one week, following unprecedented demand from investors.

The IPO, which opened on 9 May 2007 and was due to close on 1 June 2007, was seeking to offer 17,000,000 Shares at an issue price of 25 cents each, to raise a total of $4.25 million.

The Top 20 shareholders own nearly 80% of issued stock, with micro cap investment company Scintilla Capital also having a prominent position on the register.

RMA Energy Chairman Terry Byrt believes the demand shown for the IPO is an indication of the quality of the assets the company has and a strong approval for the aggressive exploration plans the company has at its projects upon listing.

"We have been overwhelmed by the strong interest this IPO has generated and are pleased that such a large number of investors have backed the vision that we have for the company, and the development of its projects," Mr Byrt said.

"Our projects are very advanced and upon drilling we plan to aggressively explore these so as to further define mineralisation zones and prove up JORC compliant mineral resources.

"We have donger's on site and roads built ready for drilling; we are ready to go once listed."

RMA has entered into Tenement Sale Agreements to acquire six strategic exploration projects in Queensland comprising the McCauley Creek, Cliffdale Creek, Emerald, Coane Range, Bulburrum and Moonie Projects. These Projects are prospective for tin, uranium and coal as well as a range of other minerals.

The Company will initially focus its exploration on further defining and proving up JORC compliant mineral resources at the McCauley Creek, Coane Range and Cliffdale Creek Projects. These Projects are each prospective for uranium with Coane Range also containing tin mineralisation that will be a key exploration focus for the Company. The tenements comprising the Bulburrum and Moonie coal projects are currently under application.

"I have spent many years acquiring these tenements and it is now time for an injection of capital that will see these tenements developed in line with their potential," Mr Byrt said.

"We know we have considerable work to do, however we believe that upon listing we will be able to immediately commence work on these highly prospective projects."

In addition to the quality projects, RMA Energy has assembled a well-balanced Board of Directors with wide experience in the development of mineral exploration projects.

The company will be chaired by private prospector Byrt, with the remainder of the board made up of executive directors Clive Triplett and Wilson Starr, with Sino Gas & Energy Ltd chairman Geoff Clifford and former Aztec Resources managing director Peter Bilbe serving in a non-executive capacity.

The Board believes that the Company is well placed to utilise these skills to enhance value for shareholders.

Following the closure of the prospectus RMA Energy has now applied to the ASX to have its shares quoted for trading.

Website:

www.rmaenergylimited.com

McCauley Creek - Uranium and base metals (EPM 15117 (granted))

The McCauley Creek Project covers 241.5 km2 and is located approximately 100 km northwest of Townsville in northern Queensland. The project area is part of the Ewan district mineral province and contains evidence of copper, lead, zinc and uranium mineralisation.

Uranium anomalies are present in the south west of the tenement but little comprehensive work has so far been completed. A distinct major geochemical style of primary mineralisation contains copper, silver, lead and zinc. The area of interest displays a history of multiple intrusions in age, from Early to Late Carboniferous, producing diverse textural variants of host rocks for mineralisation. The targets for exploration are those units which are favourable for medium to large scale, vein controlled, mineralised deposits. Additional exploration on these targets is required including a drilling and assay program.

Coane Range - Tin and uranium (EPM 15127 (granted))

The Coane Range Project covers approximately 240 km2 and is located adjacent to McCauley Creek Project. The area is dominated by the northwest trending Coastal Ranges Igneous Province and associated volcanic rocks. Tin mineralisation is known to exist on the property and will be a primary exploration target for the Company. By analogy with the nearby McCauley Creek Project and regional setting of the Georgetown-Townsville uranium province, the Coane Range area also warrants further exploration for volcanic style uranium mineralisation.

Cliffdale Creek - Uranium (EPM 15136 (application))

The Cliffdale Creek Project covers 287.5 km2 and is located 360 m north-north-west of Mt Isa. It is situated on the Queensland side of the Northern Territory border. Uranium mineralisation at the One Caravan anomaly is associated with a red hematite alteration which affects only the breccia zones. Not all hematitized bands are anomalous. Hematitization occurs together with quartz veining, filling mainly open spaces. The potential is believed to be for vein uranium mineralisation. The Project is in the same mineral province as the Valhalla and Westmoreland uranium deposits

Emerald - Coal (EPC 1000 (granted))

The Emerald Project covers 460 km2 and is located approximately 22 km west of Emerald, Queensland.

The project area contains a considerable thickness of Lower Permian sediments in the Denison Trough at the western margin of the Bowen Basin. About one third of the surface is covered by Tertiary volcanics and Cainozoic unconsolidated sediments and alluvium. Coal seams were encountered at shallow depths in three water bores immediately north and south of the authority. The Emerald Project is located to the south east of the Taroborah coal deposit.

Moonie - Coal (EPC 1122 (application), EPC 1124 (application))

The Moonie Project covers 1,636 km2 and is located east of the town of Moonie, approximately 250 km west-south-west of Brisbane with access via the Moonie Highway. The tenements comprising the Moonie Project (EPC 1122, EPC 1124) are currently subject to application as outlined further in the Solicitor's Report.

Historical reports and water bore information covering this area indicate coal intersections of significant seam thickness ranging from 0.6 to 1.2 metres. Previous exploration work consisted of a systematic appraisal of all available petroleum exploration well data, seismic shot hole logs and water bore data to identify the more prospective coal bearing areas.

Bulburrum - Coal (EPC 1125 (application), EPC 1126 (application), EPC 1127 (application), EPC 1128 (application))

The Bulburrum Project area is located about 120 km south of Blackall, 120 km north of Charleville, and 75 km south west of Tambo and covers approximately 2,803 km2. The tenements comprising the Moonie Project (EPC 1125, EPC 1126, EPC 1127, EPC 1128) are currently subject to application as outlined further in the Solicitor's Report.

Previous exploration on the Bulburrum Project has included drilling at five sites for a total of approximately 433 metres, including approximately 24 metres of NX-size coring at two drill sites. The coal seam horizon encountered contains coal of potentially economic thickness. Further exploration within the project area is warranted to define the structure, further evaluate coal qualityband outline additional areas of economic potential.

http://www.mineweb.net/mineweb/view/minewe...21001&sn=Detail

Yesterday's news:

RMA more than triples on ASX debut
7-June-07 by Edited announcement

Shares in Perth-based RMA Energy Ltd, previously Ansett Energy Ltd, closed at 85 cents in its ASX debut, up 240 per cent from its issue price of 25 cents.

RMA Energy chairman Terry Byrt said in an announcement the company planned to commence drilling at its Queensland uranium and tin projects following today's listing.

The company also confirmed today that it had been released from a statement of claim by the administrators of Ansett Australia, over the use of its former name.

Ansett Resources and Industries Pty Ltd, RMA's major shareholder, Ansett Regional Airlines Pty Ltd, along with Mr Byrt and his associate Robert William Kirby, were facing legal action over alleged breaches of the Trade Marks and Trade Practices Acts.

The full text of a company announcement is pasted below:

RMA Energy closes up 340% on first day of trade

Western Australian based diversified resources company RMA Energy Ltd (ASX: RMT) had a successful first day trading on the Australian Stock Exchange (ASX) closing at .85c up 340% on its issue price of 25c.

The stock hit a high of .87c and there were more than 800,000 shares traded throughout the day.

Following its successful listing, RMA will now focus on exploration at its advanced Queensland projects. Drilling on one of the sites is expected to commence within the coming week.

The company has recently entered into an arrangement with a private company to secure exclusive use of a RC drill rig - which will ensure it has no delays due to drill rig shortages. It is expected that this rig will be used by the company for at least the next six months across its projects in Queensland.

The success of the listing follows the unprecedented demand the company experienced for its A$4.25m Initial Public Offering (IPO), which was closed within a week of opening.

The IPO, which opened on 9 May 2007 and closed on 16 May 2007, offered 17,000,000 Shares at an issue price of 25 cents each, to raise a total of $4.25 million. The IPO was fully subscribed.

The company's top 20 shareholders will own almost 80% of issued stock, with micro cap investment company Scintilla Capital also having a prominent position on the register.

RMA Energy Chairman Terry Byrt believes the success of the listing has buoyed the company ahead of its planned exploration program.

"We have been overwhelmed by the strong interest in our IPO and subsequent ASX listing," Mr Byrt said.

"The price the stock traded at indicates to us how highly regarded the company is in the investors eyes, while the low volumes is an indication of how many people are sticking with us so as to share in the vision we have for the company.

"Our projects are very advanced and we intend to waste no time in aggressively exploring these so as to further define mineralisation zones and prove up JORC compliant mineral resources.

"We have donger's on site and roads built ready for drilling; we are ready to go."

Upon listing RMA has acquired six strategic exploration projects in Queensland comprising the McCauley Creek, Cliffdale Creek, Emerald, Coane Range, Bulburrum and Moonie Projects. These Projects are prospective for tin, uranium and coal as well as a range of other minerals.

The Company will initially focus its exploration on further defining and proving up JORC compliant mineral resources at the McCauley Creek, Coane Range and Cliffdale Creek Projects. These Projects are each prospective for uranium with Coane Range also containing tin mineralisation that will be a key exploration focus for the Company. The tenements comprising the Bulburrum and Moonie coal projects are currently under application.

"I have spent many years acquiring these tenements and with the IPO funds we will see these tenements developed in line with their potential," Mr Byrt said.

"We know we have considerable work to do, however now that we are listed we plan to immediately commence work on these highly prospective projects."

In addition to the quality projects, RMA Energy has assembled a wellbalanced Board of Directors with wide experience in the development of mineral exploration projects.

The company will be chaired by private prospector Byrt, with the remainder of the board made up of executive directors Clive Triplett and Wilson Starr, with Sino Gas & Energy Ltd chairman Geoff Clifford and former Aztec Resources managing director Peter Bilbe serving in a non-executive capacity.

The Board believes that the Company is well placed to utilise these skills to enhance value for shareholders.

http://www.wabusinessnews.com.au/en-story/...es-on-ASX-debut