Absolutely, RMP is raising capital every 3 months like Range.
The amount of captial raisings is OOC.
Here is the simple strategy to avoid dilution and increase shareholder value: 1. Sell Texas 2. Forget Goergia 3. Park Colombia 4. Focus on increasing T&T production 5. Focus on Puntland drilling
It should be that simple and why it is not needs to be put to the board including PL as the unnecessary dilution is ridiculous and really poor management of shareholders funds.
RRS Price at posting:
16.0¢ Sentiment: ST Buy Disclosure: Held