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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 by User

Post by MustangMatton Jul 21, 2015 11:53am
167 Views
Post# 23944815

New depths today

New depths todayRMP is looking cheap, getting close to trading 2 times this years earnings, am I reading this right? Say RMP .85 cents for 2015 current share price $1.81.  Current net debt $125 million, cash flow to debt ratio is under two right?  .6 of book right now book value is $3,  $1.50 could be in the window, however, I think we see a $2 handle again first, cheers Matthew
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