Unfortunately due to the FACT that RRS have not achieved much there are much better oilers to buy.
AZZ for instance is producing around 2500 BOPD and have only 250 million shares which is 1/10 th of rrs.
So at there current price of 55 cents they are about equal to RRS at 5.5 cents. Problem is RRS are only producing
1000 BOPD and have no money.
So either RRS are worth 2 cents or AZZ are worth $ 1.00
???????
OEL is another......currently 4500 BOPD and share price at .087.
Ramping to 12000 BOPD next year on a proven reserve with
money in the bank.
MAD is another....... The ASX is littered with better stocks than RRS.
Unfortunately they never hit PAYDIRT
Peter Landau has FAILED BIG TIME if you compare to many others.
Unfortunately due to the FACT that RRS have not achieved much...
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