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1. No drilling likely until 4th quarter.2. Offshore hasn't...

  1. preempt
    4,312 Posts.
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    01/05/09
    09:47
    Post #: 5077788
    1. No drilling likely until 4th quarter.

    2. Offshore hasn't progressed any further.

    3. Second tranche of rights issue required in May despite no objectives being met.

    4. Underwriter will be happy to take the rights off you at 1.5c

    5. Total cash end of quarter $407,000.

    Not a great picture!
    RRS Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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