Member Info for 1750mk1

sorry, missed out the link to the November Brae ICOP ... this is the link from the RRE website ...

https://d1ssu070pg2v9i.cloudfront.net/pex/rockrose2019/2019/12/13140308/100351_RockRose_ICOP-revision-11_12_19_V7_1307.pdf

Continuation of production for another 2 years aside ... this is a really nice deferral of decoms.

No RNS but I notice in this Brae Area Infrastructure Code of Practice document (from November) it has East Brae available capacity on a 5 year look ahead to 2023.

July prospectus has east Brae scheduled to shut at end of 2020.

The Sept interims says... "The partners in East Brae and Braemar are evaluating the potential to extend the life of these fields by at least two years."

That November revision document showing 2023 in green appears to suggest that life extension by 2 years has been achieved ?

Something to look out for in the results perhaps.

and that 290 is optimistic from be tbh.... I have no issue with capex spend.

$290m

Traders thinking we are just piling on cash for fun might not like that but so long as it's Capex well spent and all on track it's what we want to see moving into 2020... think about moving up to at least 30k bopd, asset life extensions and an acquisition.

love that divi ... you'd expect it to be 6 months after the first. Do we still get it while suspended pending completion of a $1bn deal ? ... who cares !

Dana... you know I jest but you also know it to be true. Lets see what goes down at Royston and all bets are off if by some miracle we see some favourable SPT reform post elections. GL fella.

I'm in both ... far more in RRE. My opinion is that I think you are just cross ramping Dana :)

well one thing we do now have is some very serious consolidation and re-distrubution building in this 1700-2000 range... it can only help form a properly strong new base from which to shift north through a few gears looking for true value ahead of any new acquisition coming into play.

"they are going to China to sign a massive deal , and it's going to put the share price through the roof." ... love this kind of analysis Gidget :)

confirms it is

Looking like we had a little backtest on yesterdays breakout today and the move appears to heve been rejected so far ... which is bullish imo.

Basic chart ... https://uk.tradingview.com/x/KF0rF5io/

closed well enough peppering 1900 ... big trades all adding to volume which is exactly what we want. Cracking day.

always bugs me who Andrew Scott's voice reminds me of and today it dawned on me... it's Murray Hewitt, the Flight of the Conchord's manager and Deputy Cultural Attache to the US from New Zealand :)

"I3e need cash and have loads of bull#$%@"

translated that for you.

Chart from a mate of mine... techs looking good.

https://www.tradingview.com/chart/RRE/yWEv06BG-RRE-breakout-with-RSI-into-the-bullish-zone/?utm_source=dlvr.it&utm_medium=twitter

Could be a bit leaky on something... tho more likely book flipping and just an easing off sell side pressure as we get towards a 6th month of consolidation and re-distribution of shares. End of the day the last 12 months has seen a low of 520 and a re-rate to a 1700 - 2000 range, most of which was in one hit on re-list.... was always gonna take some time to settle a new base.

perhaps Biguns... and apologies if so. After you invested yesterday, post news, I just see you complaining about the CEO and lack of PR to attract new investors and increase the SP, prompted by a drop in the SP off a spike...

After a 2nd consecutive very successful drill and a 60% or so SP rise in a week.

Bigun2... I first invested here at 8.35 and I am very happy with the way that PB is going about growing the business. I don't believe that it is his job to ensure any and every news spike in the SP should be sustained ... long term growth for sure. GL.

try 1900 LEX :)

Volume

the CEO's job is to grow the business