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Bullboard - Stock Discussion Forum RMP ENERGY INC T.RMP

"Iron Bridge Resources Inc, formerly RMP Energy Inc is a crude oil and natural gas company engaged in the exploration for, development and production of natural gas, crude oil and natural gas liquids in Western Canada."

TSX:RMP - Post Discussion

RMP ENERGY INC > Net Asset Value at June 30 2016 is $2.70
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Post by 88guy88 on Aug 25, 2016 10:33am

Net Asset Value at June 30 2016 is $2.70

and a bought deal was over subscribed for $1.41 just in March of 2016......the Montney play is worth alot of money...the current price is a steal and will hopefully be rewarded with a takeover or merger or sale of assets to really unlock the excellent value in the company.
Comment by Baird007 on Aug 25, 2016 11:02am
Hopefully it makes 1.41 with a asset sale or sale of the company what would be really good 1.90 hope the best for you
Comment by 88guy88 on Aug 25, 2016 11:29am
management purpose is to unlock the value....most analyst have 1 year targets of range of $1.50 to $2.00.....so split in the middle maybe $1.75 as first offer would be nice.....the value of the land location is evident and proven resource with production around 8400 to get over 9000 soon.....with a nav of $2.70 they may not take a low ball offer but perhaps hope to either sell some assets or do ...more  
Comment by UppersDowners on Aug 25, 2016 9:58pm
Are we not suppose to have one of the best management teams out there? What happened?
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