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No its not. Just because im up is not the point. It has failed to deliver anything, I made off hype.
Ralph, that's even worse...sounds like you're miles up, and yet here you are moaning! Sad lad, sad.
Why should i feel guilty? The BOD were selling this idea way above 92p as an investment !
I sold most of holding at 10x shortly after the awful PMO farmout, but even then I didn't think it would be this low. At 92p I added to the token amount I left in. I believed the BOD at the time, it was after all the Oil Price was in free fall and beyond the BODS control. But there were many posters like you, posting similar stuff to you now, thats why I now see it as BS. Its the same old ramps from years ago.
Over time and looking at where the BOD has led us, I changed my mind about this whole set up, its not an investment, its a gamble . Not much point in me baling now, might aswel see it to the end.
I have every right to air my displeasure, anytime I want and the BOD should feel guilty, not me.
Username carroteater who now says he owns many more shares than he did in May must have potentially bought them sub 20p and in quantity? On this forum he/she has predicted Rkh sp will be 29.875 on 31st December 2019, this was posted on May 12th @ 09:13. So if his/her hardwork and prediction happens he/she will make a serious amount of cash. So my point is why would you then want to complain day in and day if you were truly achieving that goal? You certainly wouldn't be buying now if you thought Rkh had no future or the sp was going to go much lower?
Unfortunately carroteater is just another username, he/she is not real!
carroteater is no more an investor
I voted against his continued governance on my voting form prior to the last AGM. I ask others to do so. I respect his vision on the initial find BUT it is time for him to stand aside. My opinion is based purely on what I have seen from the points I have raised below.
I do not believe he is capable of bringing the company forward safely (future development of Isobel/Elaine) after and IF this Sea Lion project is sanctioned and ultimately developed by PMO.
My "opinion" is only based on past and present performance again: Contract with PMO, purchase in Egypt and Italy and management of finances. I think the record is the clear proof.
BUT onto more positive note: We wait for PMO's sale of Zama and the UKEF results.
It is interesting as another posted stated that the Argie's are having a dig again about offshore development in the Islands. Electioneering or more bully boy tactics.
This development must go ahead to help protect the Islanders (Military budget) and also a good and "relatively" safe (Not Middle east/ Not Pakistan / Not Africa source of oil for the UK.
I do agree with Nigoil about Ralph - if i'd made a 10 fold profit on a share - then lost some, I wouldn't be on here squealing like a fanny day in day out.
Not according to your posts
What's your holding now then?
Great idea, that would be like the blind leading the blind, LOL. I know lets invite the pied piper for good measure.
Good point Mogger, he /she didn't do it because he/she new it would have failed and i hope this time round he/she has got a new calculator LOL.
You didn't last time.
World class fully appraised oil fields don't come cheap. If any poster doubts the size and costings of any such oil fields, please feel free to use google. Sealion is massive! Incidentally username Ralph2010 when you supposedly ten bagged, didn't you feel a little guilty taking all them profits? You have come back and supposedly bought a small tranche @ 92p, don't you feel guilty moaning the way you do when you have supposedly made masses of money already?
I know you're not a real investor, so please spare me the spiel.
Carrot, initially removal of Sam Moody. The strategy (Egypt/ OM) I would regard as worse than poor as an investment decisions, sign off on the contract, especially with no penalty clause or sufficient protection with PMO and the management of finances sit firmly on his shoulders.
NIg - I sometimes think that you are Sam Moody, with a wheel barrow full of medication sat next to him, popping pills 24/7. The epic $500 million down the drain taking a disastrous toll on his legacy. I can more of repeat of the Neil Woodford's fall from grace.
Sam and the Bod will be carried into the next Agm meeting shoulder high, like hero's deserve, just like the 2010/2011 Agm's, can't wait!
There is no Father Ted approach with my six reasons to be cheerful, all researched and well informed, i suggest you try it some time! Regarding usernames like Ralph2010 with the 10 bagger first time round and now a small tranche supposedly @ 92p you can't possibly believe that poster is real?
I know RKH won't fail, watch this space, my advice is to keep buying, holding and accumulating. Not long now to wait before newsflow, keep the faith!
Oh and added a tiny £1k the other day left a limit on at 18.10 and got it for 18.09 drip feeding in still. My holdings keep advancing this way..still not sure how smart this is, but I would sell if I knew it was going to fail...BUT I think it may not.
Nigoil, yes your quite correct; Carrot has gone on a posting rampage of "no plan" put downs on the board (As you know I am no fan of the 12 monkeys but I want large shareholder support).
Ralph, well I kinda get Ralphs (frustrations, I think he is time served so has earned the right), he at least just fire a single shot now and again...Like shooting at them damn squirrels.
No comment on the other 2
Then we have new joiners who just cut and paste one comment? not sure who/what that is about..bit strange though.
BUT its a free BB so each to their own I guess, would be good though to talk RKH /PMO negative OR positive with supported information on their opinions, rather than a farther Ted approach (That included the positive Nig).
It is approaching the event horizon that for sure...hope fully its a worm hole to the future and not oblivion.
Kind regards Sft
Can't be true one of them said hes got 3m shares with no stoploss and has been negative here since 24p
I am very gullible by the way
They're not even investors, just usernames used by a boiler room!
Agreed 5 posts a day from 'investors' not traders who have written the money off and ' would be happy to see this go bust' Why all the effort its just not normal. The more they post the more desperate and obvious it all seems.
Why not ask carroteater, olliesky, ralph2010, kurgan2.0 username Surfit to stop posting the same old...........????
Neilus please stop posting the same message.
Kind rgds Sft
A further repeat of my post so the more casual user of this forum is more likely to take a moment and read the link.
I've been a shareholder at RKH for many years, slowly building a position in a firm I believe may increase in value. As in life and all investments there are no guarantees but I am also someone who has worked in O&G for 20+ years and have a MSc etc so have my eyes open as regards the pitfalls. I only mention my background as an indication of having some knowledge, not infinite wisdom, as regards the industry and some of the wider business implications.
Like a few folks I've been on this forum since III changed it's format and as on there I could not understand why some folks were continually posting and talking over others who obviously had some interesting things to share. Unsubstantiated claims based on nothing tangible. We all know this, we see it every day.
Then I clicked and read up the link Nigoil posted (below) and then looked at the track record of some of these regular posters. Some are posting at a rate of more than 1 to 1.5 posts a day to ONLY Rockhopper forum chat. If someone is truly a trader and doing shares as a job they presumably own more than one company's shares...?
Anyway. It was an interesting excercise and I recommend it to anyone reading here regularly and wondering why some people posting on here write like they have knowledge beyond any facts.
DYOR as they used to say...and best of luck to you all.