the motives of pmo - they bought into sealion at a knock down price hoping to sell it on to A.N.Other at a profit or make them more attractive for a take over, but it has backfired on them by the POO. they will argue that they have spent too much money on exploration, carry, feed and have no money left. afterall, its an accountant in charge and can only see beans to count. they cant even be bothered to issue an rns on spud or update, when they are the operator. its hardly surprising others wont get involved when it has all been handled so badly.
ive been here since 41p so maybe they can have my shares today as still a 50%margin. or maybe i was inept buying in then and doing all the research at that time. i have voiced my feelings on this bb as money has been wasted by the rockhopper board of directors. for instance, they have lost so much exploration carry on an over spec'd rig just to drill one hole in the SFB that they haven't an interest in...that is inept! they could have got the ocean guardian or similar at half the day rate and drilled twice as many holes in the north, appraised any finds and still be left with more carry or cash. as regards a positive rns re a gusher, aim just destroys the sp after 2hrs on open and sell by lunch at the latest. i am holding as there is still so much potential, but question the bod for their business savvy. if the fogl bod were at rkh this share price wouldnt be where it is now -i rest my case. fogl must be laughing all the way. i hold fogl at zero cost by the way and this isnt a de ramp - it is an honest shareholders point of view and i would have done it all as the fogl board have. as regards med oil - what a waste of money as it will drag on for years with peoples snout in the trough.
Price of oil rising.......improving sentiment should see that follow through here and I think we are going to see a nice rise leading upto Isobel result. We know there are oil shows already, so that's a positive!
Peekayok No doubt you will be dumping all of your shares in this crap company first thing in the Morning. To stay invested in this company you think so little of would show more ineptitude than all of your reasoning combined. This is an Oil Exploration co..... In other words Exploring means " looking for something you haven't found yet"!!! Your mad to stay invested mate. If someone asked you tomorrow " why are you in Rkh and what do you think of the company? And you told them what you think...... They'd think you were barking! I think you may be better off in Tesco or vodaphone..........bit less stressful for you. P.s. Can I have your shares?
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