Stshar - some good points. I don't claim to be any kind of expert.i think that premier position is perilous at the moment. The best hope we have for FFalkland is that premier has to sell it's interests in Falklands to reduce their debt. Then with a major onboard things will proceed.....but wtfdik
When every other share goes up RKH goes down and guess what RKH goes down with the others. We only seem to be going one way down. I have a nasty feeling this is going to snapped up for a song as it is being pushed down to far. I know all good points for RKH but this has no effect on the share price. We here a lot of talk from the board about increasing share value? PMO has a real strangle hold and is draining the life out of RKH. We here that next year will see movement or maybe the year after… Read More
GBP4.5mn drop in RKH market cap with only GBP 335k worth of shares traded over two days seems like bang for the buck according to me. RKH is not an actively traded share or dealt with by any MMs therefore drifting to crazy low levels. Plus there is the UBS manipulation / short selling as evidenced by RNSs over the last few months. STRONG BUY - Great Value over the next 1-3 months if you believe oil will remain in the $50+ range!!! Over 50% Cash in USD, 1500bpd production in USD -… Read More
Biggest dog in the group is PetroCeltic - but probably not great for RKH management that Hurricane Energy and PMO were included as replacements for Salamander and FOGL. PMO up 44.4% YTD and Hurricane Energy up 280% :) :) Even a dog like Bowleven is up 10% YTD. The incompetent CEO Kevin Hart is surprisingly still clinging to his throne - but then it is an insider cabal of ex-Cairn cronies/insiders. RKH up only 2% YTD :(
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