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Hi DSRT
No I missed out on KEFI. Bills to pay. But well done you and best of luck for more rises
Wonder when this share move in the upward direction...last chance saloon this is on its way out ..spent all that money on the paradox for it to be shelved ..amazing
I hope you did buy back in at kefi ..gone from 0.70 to 1.8 and not got the certificate yet or funds ..when they do you can buy your yatch back
The market does not appear to be impressed with the new deal. LTH want Paradox drilled.
Rose Petroleum (ROSE) announced a placing to raise £1.25 million at 1.1p. The directors are buying a 10% interest in a 317 acre lease from themselves, but it actually equates to just a 2.217% working interest in the spaced drilling unit. It's a shale project, an area in which US companies are trying to divest, yet they’re paying over $9,500 an acre for it. It's also worth remembering that US projects which show up in London these days usually are doing so because they can't raise funds in North America. I suspect that may well be the situation here.
No comments at all
Well done and Good luck. I sold out two days ago trying for a quick trade on them making another equity issue. Lol :(
We are on our way ..
"Paradox pushed back as a longer term project. So permits there will expire"....
won't be surprised if our New Leaders never had intentions to deal with Rose's own drilling programme in Utah.
so, they downsized the Paradox on purpose and now calling this "the longer-term Paradox Basin appraisal asset"... yeah, till permits expire ))).
looks like they need Rose only as a Public Listed Company to fund as much as possible their own drilling programme till it's not much left of a Rose...
glad to be wrong.
Bannished
Agreed. Lots more cash needed and RNS indicates Paradox pushed back as a longer term project. So permits there will expire.
DSRT . Yes I know position with KEIFI. Good luck.
so, Rose Petroleum is the Rocky Mountain-focused oil and gas company now...)))))
our Chairman Rick Grant and CEO Colin J. Harrington are the founders of Origin Creek Energy LLC which is already long term partner with Captiva Energy Holdings II, LLC and our CEO and Chairman are also the directors of Captiva Energy Holdings II, LLC ...... )))))
so, the question is why to bother with bringing Rose to the Project if our Leaders ( read - Origin Creek Energy LLC) are already in it ?
AND based on the proposed Initial Drilling Programme, Rose's CAPEX on its initial acquisition of 10% of Captiva Energy Holdings II working interest is currently forecast to be $1.6 million, will result in Rose having an approximate 2.217% working interest in the Initial Drilling Programme! !!
so... we raise £1.25m which is more than 50% of our Mcap just to get 2.217% working interest in the Initial Drilling Programme ?
it's fascinating, isn't it ?
and if u could read rns carefully then u would notice that this is only the beginning of possible further fundraising .
must be that's why Origin Creek Energy LLC needed a Publicly Listed Company in the first place. just my opinion.
Did you read the last RNS from kefi ..taking their time ethiopia gov just to sort there own departments out ..they said shortly it will happen
.but how long is shortly to them i hope its within 3 weeks ..be a nice christmas present for us
Nice buy by the CFO
And some people on here calling names ..you could not make it up..mind you school has gone back today ..but jessells school must have teachers training...
Dsrt2012,Everybody that posts a message is genuine?You must be joking!On most boards there are low intelligence derampers who only want to wind people up
My money is on MKA. I will not invest here until funding for the drilling sorted.
1st all people on this board or any board are genuine ..they are just posting their view of what is in thoughts ..so to be called W..K..S is a bit too much for saying what they think
2nd to post whag you posted you are 100 % not a LTH
3RD you or anyone can post what they what their view is wether they are invested or not..
4th GL in your holding IF YOU ARE INVESTED
5th try not to take everything personal ..
6th im not a muppet but thanks i check to see wether ive got strings hidden
Yes we have heard it all before. Is this the new Cuba, gold mill or Paradox. Remember cash needed for drilling. Begging bowl will be back.
When you are here has long has some of us on this board then S..T MEANS S..T for someone who has just invested I PRAY FOR YOU becsuse you will need an angel with share...what i got from the RNS is thanks a lot for the issue to keep us BOD in a job for the next six months ...same old same old S..T
Agreed. Nasty dilution but at least there is a glimmer of hope
Maybe not just yet.
Forget who posted it before but thank you.
Helplessly I wait upon the hour, drawing closely;
I, myself ponder tremendously.
Do my eyes deceive what once was a rose?
And by that, does it be a rose no longer?
I speak to be heard once more,
and once more to be heard by that rose.
But I cannot see that of the beauty of her face,
yet her eyes glances swiftly beyond my essence.
Could it be? Oh could it be,
that my essence is enough to guide thee?
I am but one in groups of many,
she sees not I but one in twenty.
She is that of a dying rose,
shedding that of blackened petals;
a black rose, I say so myself.
Doomed by what the world gave to thee;
a single tear drop, which falls and taints the ground.
And by that passing hour; she, herself would wilt away.
Thats the next RNS ..no money ..no investors...no project sooooon ..
We are doooooomed ...yet another BOD who talk the talk but wheres the action and results..