I agree that RKH is the solid investment. But in comparison, I do think positive news within FOGL will have a positive effect on the RKH share price. We'll see, I think we both want the FI story to be a great one but time will tell
I would not compare Fogl & RKH at all mate.. The southern basin has so far been unfruitful whereas RKH has oil and resources to get it out now.. I had a lot of trust in Fogl in the past but now it seems more of hot air to me.It would take a lot for the investors to trust the southern basin again. Perhaps one strike. RKH on the other hand is a solid investment with very less risk..
Interesting points you make there. I think in possibly mid-late 2013 when drills are announced for the falkland companies such as FOGL, shares in them and RKH will go up from their current levels.
Where you make the point about ii's holding out for 5 years, they certainly wouldn't do it with an ordinary share, but like I say shares like RKH and FOGL have a massive long term potential. I wouldnt count them out holding, as if there is a big strike somewhere, they would make fortunes playing the long game
Do you think all these ii's are holding out for 5 years mate.. Shares like RKH can move a lot on gereral sentiment only and dont need a lot of news.. Anyway a lot of look for 2013.. Drilling is in 2014 so a number of annoucements regarding that will come in 2013.. Do you think that if the general sentiment improves in market RKH would stick at rock bottom price of 150p.. ?? Anyways Time will tell all..
Check out the RKH website.. The ii's & directors hold 65% of RKH shares now. And this doesnt include the ii's under 3% as they are not disclosed.. You dont need to ramp RKH.. Some of the most shrewed people in the industry hold huge % of RKH.. Tells you all...
Just to wish all a very happy xmas and new year.Its been a very hard lesson this year for most of us but im sure we will come out the other side a lot stronger for it,our investment is in a good place at the moment but the AIM market has had a very poor year to say the least.Looking for a better 2013 and waiting for the retail investors to return to the markets,as at the moment we only have traders in the markets which only equals to about 25% of the total market,as 75% is retail investors and until we see these people come back to the market not much will happen.Anyway gla and have a good one regards mike............................
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