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I can't see what the fuss is about regarding oilfieldhand's article. If I am reading it correctly is says the project has slipped another 3 months which ties in with FID slipping from end of 2018 to Q1 2019 which we have discussed here before . The only uncertainty in the article was did it mean FID or Sanction Q3 2019, I would suggest it is probably sanction, which means it too would have slipped 3 months, but ties in with the slip in FID.
As Ovets and many other have said, this is a big project which needs to put in place properly to avoid problems in the future so if it slips a bit it does not matter...'the oil will out' eventually, unless of course Carrot cracks both Nuclear Fusion and a battery that does not use Lithium which can be charged in 5 mins and will last for 300 miles when placed in a car, and of course the infrastructure and power stations to provide the Gigawatts of power needed to power it all
Just a thought ?
Rob, Carrot knows that...he is just winding Mogger up. Carrot why don't you get in touch with FIG see if you can buy those licences if you are so keen on them.
Can you not come up with some thing more interesting, like for example there has been some sort of major break though with Nuclear Fusion ?
Just a thought old chap ?
Good morning Ovets and Rob.
Carrot has always been very clear about his intentions. He posts negative sentiment because he wants to buy more shares at the lowest possible price. Some of his posts are not very imaginative I am afraid, and he does get a bit boring at times. I'm not entirely sure he has 2M shares as he suggests and I agree that he is not what he may seem to be.
That said this board is a far more pleasant place at the moment than the UKOG board, they are tearing themselves apart over there.
Lets hope for a more positive sentiment re RKH going forward, we seem to have a good share price rise today, but once again on no real news
Good spot by Mogger re the 'Wells team Leader' post though. Looks very positive.
The problem is Carrot these are just your opinions , in my opinion, rather than an informed view regarding the future oil price. In PMO trading update on the 15th they stated they have hedged at $69 H1 2019 , and $72 H2 2019 which suggests that your onward prediction of $50-60 in 2020 maybe a bit wide of the mark...just my opinion of course old chap.
Ralph have you thought that if you had bought some more at 20p ish, sold at 40p ish and re bought at 25p today you would now be sitting on a break even price of £1.50 ! Oh hang on... Shurely there musht be shome mishtake !
I know... I am using Carrots 'Inverse square law' the one where the closer we get to FID, the less likely it is to happen !
I know Carrot...there is no mistake...and don't call me Shirley ?
Well spotted markap. Here is the link if anyone is interested.
https://www.telegraph.co.uk/business/2018/11/15/premier-oil-begin-drilling-billion-barrel-mexican-oil-field/
Hi Much
Looks more like about 500k shares traded yesterday according to ii and LSE but even so very low volumes. I hope to look back on these days and think how incredible it was that I could have had more shares at 30p, but I am already way over exposed on Rockie....looks like I hold more shares than some of the Directors which is slightly worrying ?
Looking at the time of your post couldn't you sleep or are you out of the UK? Anyway keep up the good work balancing out some of the negative sentiment on here because at the moment....there is no news!!!
Just a thought Diver, he has about 2.3 Million shares so if this eventually went to a fiver, he would be sitting on about £11.5 M. Surely even someone as well healed as Sam would like to spend that.....maybe on a new haircut or something?
Could not agree more Much. As BigMinnow suggested yesterday this looks like it has been walked down by a lot of small automated trades and has probably unsettled a lot of new investors who have probably sold out at a loss having bought in at around 40p.
We have seen this so ,many times in the past were a small rise on no news has been walked back back down to frighten the new investors.
As I have said before you need nerves of steel with this share because there have been plenty of times where this has moved on little or no news... and some have made money (usually Shorters) and some have lost.
If you believe that FI oil will be extracted either stick with it or if you have the bottle, which I don't , then trade the peaks and troughs.
One thing for sure is it is not worth getting and Ulcer over...life is too short...no pun intended :-)