Gabeh,
You only need to go half way down the current RMP Hotcopper page, to see this perception has been pushed across RRL/RRS/RMP boards by a few posters of late.
RussianRoolet
Smart money in RMP out of RRS Post, its a very poor perception and shows a complete lack of understanding of the two shares IMHO.
As stated by you,
RMP's share price will rise because it's badly undervalued relative to Range.
Currently no price is attached to Georgia or Puntland, we are currently close to being underpinned by texas and TT, and Trinidads accelerated drill program should contribute very soon to the upside of RRS. This is not hopes/ maybes, should of, could of, but Fact!
Theres a reason why the market has attached no value to these projects, and hopefully for both RRS and RMP this will change very shortly?
Now I am not saying RRL/RRS will not fall upon Georgia duster if it occurs, however it will be from a signicantly highe base then we are at now, and will be unlikley to go under 15p again, subject to world market events IMHO.
Cheers
jamit01
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