The market as attached a value of $50 mill AUD to RMP (market cap) and that's all for Georgia and Puntland.
OCP has targeted a price of 1.78 per RMP shares which is aroiund 274 mill AUD. So yes a value has been assigned to those properties by the market and by OCP.
NO? Otherwise RMP would be sitting at zero and not $50 mill.
You talked earlier about Range shareholders not trading their RRL shares for RMP and they probably won't. But I bet a number of them, as evidenced by all the questions on the RRL board on how to buy RMP on the ASX that they will ALSO buy some RMP shaere.
In any case a find in G or P will drive both shares and RMP more than Range, no question. Again, see old colong and do the math.
- Forums
- ASX - By Stock
- rrs action upon rmp aim listing
The market as attached a value of $50 mill AUD to RMP (market...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RRS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online