The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
It hasn't produce any oil but if you understand why it hasn't then you would know. They are delaying as long as they can until we get ffd licence and sell the oil at international prices instead of domestic then you just might get it. We're not going to give the oil away at silly $10 a barrel...
A5 how long ago was that two, three years? How much oil has that produced?
Beynon, check up when A5 hit....
Thanks I found it. I stand corrected it seems he is interested in the stock price. If they do give flow news on the deeps this quarter I will be estatic
Also, Clive must have read the naked trader. He dropped transformational in there a few times. Can't recall him using that in any rns reports before
A spoonful a day would be an increase on the amount we are currently managing to extract!!!!!
Makes no difference how good the oil is if your extracting it at 1 spoonful a day
Yes, E1, you are quite correct - Clive the Clown's lack of a single penny of his own money invested here tells me what he thinks of the "world class potential" here - clearly he thinks his money is safer and earning a better return in a 0.25% savings account than invested in the world-class soon-to-be-company-making-news Poxi! Interesting the way the MMs moved things up and sold nearly 2m shares, I wouldn't have thought there'd be that much positive energy around the periphery to make that possible, but I'm glad to say that it seems there's still a market for these shares! One day, Dellboy...
PS you missed the subtle chess analogy: when a pawn with a value of 1 point reaches the end of its journey it can become a queen with a value of 9 points a huge increase of 800% but ironically not enough to host the "never to occur £1 party ! So many current shareholders are in "zugzwang"with high averages paralysed just thought I'd highlight that "en passant".
These deeps must be deep 3 years deep lol and a couple of shopping trolleys to boot yawn lol
All chess games end Enigmatic investors have just needed an extraordinary amount of patience to win this one. Looking forward to next quarters newsflow should be checkmate on the bears if theres positive news on the gamechanging deeps. ATB.
Think you are all pawns in this chess game never to reach the end and see your value increase by 800%.
Personally...don't like it. Not that my opinion matters at all. Stupid post really. Anyhow, what's done is done and cannot be undone. Roll on the summer.
Benyon.....name change refers to what's happening in the East and it will be rising rapidly to shine light on all our lives.............CC told me
Must say I was quite impressed with the interview yesterday. News on the deeps next quarter, looks like all we were waiting for was the merger and name change. Caspian Sunrise eh? should actually be a good year for the old roxi holders with spec on the deeps coming in and all. About time too says this lth who's had to be far too patient up to now.
Stand by my initial gut feeling E1 is a snake. Wers CYA? Both appeared around the same month. GKP durby n helx are a good example of parasites littering these boards with****** Strong buy E1 do us a favour and do 1 your efforts are lost on ere fella. Sheffield massive
Lol at big up Clive .... Georgic you must be in country and on the payroll son !
People who's has being with roxi ,for a long time are now closer to thier reward,now is not the time be calling Clive as done well for shareholder,there big money to be made here, let's just sit tight and wait for our pay day now soon at hand. Big up Clive.
Does anyone think that the name change could be linked to potentially improved investor relations now the other partners will be involved? As most of the increase market cap comes from BNG poor performance and coms will cause a dramatic drop in share price.
If that was the first time Clive had promised those things I would be excited.
Extensive news in the next quarter. Management contend current valuation supported by current production so anything new would be a plus. Extensive news flow expected over next quarter being completion of merger with GM on 24th March, operation news on progress of shallow 808, possible news on review of shallow reserve based on drilling success earlier on in the year, and big news if any of the deep wells started to produce on a consistent basis "all of which should be in the next quarter". CC gave 3 reasons to follow RXP: 1 being fairly extensive news flow expected in the next quarter as per above both in terms of shallow and deep operational issues, 2 completion of merger resulting in c$200m MCAP make more of interest to wider audience in particular some institutional investors, 3 and main reason to follow RXP is potential for 1 of the 3 deep wells to "come in" which would be transformational and management hope to be able to announce 1 or more of those in the next quarter. Exiting times!
With breathing like that you know he likes a pie ... definate customer for the guinea grill that one !
Take a look at another of Clive's basket case companies..... SP down 96% over the past 12 months. Hardly an inspiring track record just seems to take his pay check and spend the majority of it on pies the fat fcker.
E1 ... He is too clever to put money in but clever enough to take it out of Roxi ?? Smart move .
Mr E - do you know of any company Clive is invested in? I understand the acts as chairman for a number so buying in one may mean he has to buy in all. I know he is also involved with AST but I cannot find any record of investment there either. Interested by your input.