Short term catalysts for RKH per my analysis - please update if I am missing anything out?
Oil Price (Hopefully - though has not been the case since UBS started funny activity in June 2016) GBPUSD (If Brexit triggered and GBP sees a further leg down) Egypt Arrears Payback announcement. PMO Finalisation of Debt Restructuring Terms by End Feb (per PMO RNS) with legal procedures closed in the following months. Possibly England / Argentina Oil collaboration news? Any news on Farmout and like? April 2017 Annual Report
Sam Moody bought 19,783 shares 26 January. A good sign. Planned spending this year about $13 million which would bring cash down to about $50. $4 million receivable from Egypt. As for newsflow, the Abu Sennan well will be next month and AGM notice in April I think.
Parsley don't remind me of that, bought at 12p and sold out at 152p now 217p. Arrgh !! But only really had a punt as its very very thin market. 10k shares move it 30p so its very over bought now. Not for the faint hearted. !!
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