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Indeed!
ARCM co-opted as a supporter
Big step for PMO this morning
ARCM out of the way
Thanks ralphski for pretty much confirming that you, and most likely Fatstone, are mentally ex shareholders. - "left part of an original SL holding in".
Hopefully the admission serves a cathartic purpose for you and we won't have to host an ex shareholders' therapy session on here for a little while.
Politics have never been better re UKEF (not just a decent conservative majority)
Oil still around $40
Any help from FIG, and it's right to expect some, would push 'breakeven' below the previously stated $40.
Breakeven includes a very hefty implicit return to equity anyway in light of risked discount rates which heavily exceed actual interest costs (the difference all goes shareholders).
Give it a while and PMOs N Sea transaction should all shake down into place.
Think about it ... and today's share price
Ralph2010
Many thanks for sharing your story and that makes perfect sense. I sincerely hope that you are able to recover all your money and then some.
I agree with much of what you say about the extremely disappointing performance and behaviour of RKH's management over the years. However, I do feel that the quality of the asset will shine through in what I believe could be a strong and sustained recovery for oil.
Thank you
Happy
I left part of a pre SL original holding in, bought a tranche at 92p. I thought SL was too big to be let at the time and kept the faith. At the time I thought that the Oil price crash was temporary (and fake) and thought I would do well eventually from even the 92p buy. RKH had plenty of money in the bank at that time.
But now, the money is blown and my faith from years ago has evaporated. I regret not selling out at the ~45p we reached the other year. Big mistake on my part. Its now too late to sell, might aswel see it through to the end, a faint and maybe illogical glimmer of hope they might pull some funding form some where
Hope that helps !
Dear Ralph2010
May I please ask you, with the utmost of respect and because you appear to be a rational person, why do you continue to hold and discuss a share that you long ago decided had no reasonable prospect of recovery?
I am genuinely interested to understand and am not trying to make a point or question your judgement in any way.
Thank you
Happy
you never answered my question Henry based on what?
Pair of nut jobs
Not paranoid but I know the games some people play.
So many paranoid people on here ,based on what Henry or are you also Frank , works both way you know.
Fuddstone is just another pseudonym of the gang.
Ralph how dare you post on here you know it upsets Frank, no need for that sort of behaviour
Ha!
So there we see it, just in case anyone was fooled into thinking these guys were offering comment worth listening to ...
This wont be going ahead with oil at $40 and i see little to be cheerful about in future demand as the world economy has a 5-10 year depression ahead. Also I would think Naff-All-Tas will find it much more difficult to raise any funds now.
History is important to any share, to otherwise is idiotic. How ever lets look at the present, 8p ! Woppy do, 8p. FIG could cut tax to 0% and this still wont go ahead anytime soon.
"Wow, these guys think their fixation on matters from years ago"
He who ignores history is bound to repeat it
OK Frank
Whatever you say Frank see any pinkos or reds around can`t be too careful you know
Wow, these guys think their fixation on matters from years ago and their inability to engage with the world around them in the form of current share prices and current developments means they're the only guys marching in step!
I will leave them to conduct their therapy session with each other.
Meanwhile, back on planet earth, price of oil is still $39-40 awaiting next moves. Russian oil minister Novak says world oil market in shortage for July, we're awaiting PMO progress on N Sea transaction, and FIG will have to decide what to do if they realistically want to be in the oil business. How about some discussion on these subjects.
This board is dead if it is left to focuses on 'facts of the matter' that were old hat five years ago.
It needs to focus on facts THAT matter.
The only therapy session needed is YOU with a clinical psychologist.
Another ramble about nothing from our resident board policeman, thanks for once again showing us your paranoia, as if we needed reminding.
I don`t know how many of you remember "Wait till your father gets home" series from the 70`s, Cititizen reminds me of the paranoid next door neighbour called Frank who fortifies his house and sees pinko`s and reds everywhere think I`ll call him Frank from now on .
Totally spaced out nothing else in his life I suppose but this thread, everyone deserted him long time ago I suspect.
Fuddstone, your 'facts of the matter' are simply the facts you're fixated on from years ago and usually ignore some quite relevant factors like errr ... the current share price!
Your posts are just an ex-shareholders' therapy session.
Fuddstone, your 'facts of the matter' are just the facts you're.fixated on from years ago and usually some quote relevant factors like errr ... the current share price!
Your posts are just an ex-shareholders' therapy session.
So there we have it - ralphski still, as he says, "holds some" and fuddstone is still "a shareholder".
They're both mostly out and of course happy to justify their position with incessant trolling.
Ralphsky and fuddstone are compete busted flushes with no credibility
They're just treating us to a view of an ex shareholders therapy session.
It should be seen for what it is.
I hold some too, the guy is deluded. Pure Narcissism, his view has to be correct and others are spys, because nobody should disagree with him.
I would love to change my outlook on RKH, but I see no reason to coming on the horizon.
Listen spymaster like many other on here I`m fed up listening to your diatribe about Russian trolls and shareholders who sold out and lack the b..lls to get back in, utter rubbish day after day , just to clarify I am a shareholder, unfortunately.
You tend to your idiotic theories , you sound more and more like some one who is not in the real world.
I in the meantime will continue to post what I see as the facts of the matter.
Fuddstone, are you in the ex shareholder only look backwards camp?