RMP ENERGY INC T.RMP

Price per barrel vs. production costs?

[AsYourLawyer]

Hello all,

I was curious; at what point does RMP start losing money? This is of course related to the price per barrel.

e.g. at $60 per barrel does RMP still make money?

at $50 per barrel does RMP still make money?

at $40 per barrel does RMP still make money?

etc. etc. etc.

My best guess is the prices cant dip below $50 per barrel, but what do I know?

Thanks.

[Curvature]

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[PinnacleX]

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[AsYourLawyer]

Yes, someone please chive in with facts! When you say "taken out at $4", do you mean to say that the entire company gets bought out by another at this price?

[PinnacleX]

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[bplondon]

Are you not capable of looking at their financials? They had netbacks of over $46 barrel with oil at approximately $90 barrel Cnd. in the third quarter. Oil has now dropped in Cnd $ terms to around $70. Do the math.  RMP has virtually no debt, very low cost wells with high production and low decline rates (a number of which are currently choked off) and serious potential for large increases

[PinnacleX]

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[bplondon]

Even with the losses in oil today WTI is still above $70 in Cnd $ terms. So still very decent netbacks for RMP.  Unlike many U.S. shale producers who lose money at the current oil price.  RMP is a) not a U.S. producer (selling in US$) and b) not a shale producer dealing with high cost/high decline wells in a tight oil environment. I already told you. You just didn't get it. Have a

[PinnacleX]

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[PinnacleX]

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[AsYourLawyer]

While I cannot fully agree with you that RMP will be bought out, and or, for those prices you listed, but one thing I can agree on  is that you are definitely right about this one going lower. If you look back on my posts, I believe I mentioned a $2 price target. Let's see how low we can go. I also agree with the TSX bear market, it's gotten ugly these last few weeks, no doubt.

[reff]

Sounds like a lot of phoney comments from you Pinnacle, with all your insight and knowledge I'm sure you can make that fortune back for your family member LOL. Keep the fiction coming it makes for interesting reading while we wait for RMP to recover because they are a very stable operation.

[PinnacleX]

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[reff]

Pinnacle you sound a little defensive and testy so you must be underwater on your investments? Could it be that "investor mentality"? Cheer up things will improve they always do just be patient and remember you cant find a better Junior oil than RMP.

[PinnacleX]

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[reff]

Wow you are one confused person, I was responding to your comment that RMP is a less than average investment. If you are as astute as you say you would know that RMP is a very well run company with great finanacials, management and assets/property. Tell your family to hold and they will recoup their losses.  

[PinnacleX]

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[reff]

Get some therapy Pal, you are one confused investor.

[PinnacleX]

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[reff]

Well I have to thank you for following my history and yes i have a very good sense of humor and tremendous insight. I must say however that I wouldn't waste anytime looking up your previuos posts, sorry but just not interested. I can also say that i am in therapy, I read posts on Stockhouse and realize how incredibly healthy I am. By the way on another matter it looks like RMP is

[PinnacleX]

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[reff]

Extremely weak response Pinnacle you should be ashamed. Fortunately I don't have a mortgage and don't need one as I have a very large portfolio and am financially secure, you know how that feels right? I hope you have a nice Christmas and lets keep in touch. Your pal, The Reff  

[PinnacleX]

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[jollynik6]

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[jconway]

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[johnylives1]

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