Member Info for covgaz

Mmmm , let's just imagine PMO want to sell Sea Lion , but the new owner doesn't fancy giving RKH the free carry , then what? The potential new owner walks away and PMO cannot find a buyer perhaps?RKH in a very poor position imho , could well be taken out by PMO for peanuts.

Ah yes but remember ....another year , I mean week , closer to FID.

So as it has all gone quiet here disappointing after taking some flak , you all seem to be bereft of arguments. So if I can put a few questions to you RKH experts for the morning , maybe a bit of courtesy will be forthcoming because rudeness is available to all and sundry.
1. FID was supposedly coming imminently in May 2018 , where is it? That was the bedrock of the sp at 40-43.75p
2. Sam said it was imminent , is he a liar? Or just misguided , he told the market , should he have said nothing?
3. If RKH win the case in Italy, they clearly will not get "paid out" straight away , they may lose on appeal , if they even win.
4. Where is the cash flow going to come from to fund Sealion?
5. Will shareholders be diluted to fund Sealion , IF it ever gets sanctioned?
6. Why does the BOD keep snatching free options?
7. Why hasn't Sam bought any shares , EVER?
8. With Premiere Oils huge debt , when will they ever be able to fund Sealion?
9. If RKH was such a good bet , how come no takeover approach?
10. How are RKH going to grow the cash reserves without diluting current shareholders?

GLA

You need the oil on the open market mate ,for sale , not under water....

I don't need humouring No-oil , when is the oil coming out of the sea? When will it be getting sold? Sam told me last May FID was imminent , where is it? Is Premiere Oil able to afford the carry promised to RKH with all the debt PMO is carrying? Cam PMO afford to carry themselves having been decimated from 139p to 58p recently? Price of oil is a nonsense , it takes an age for that to be priced back in ......

Oh dear Mr Omits on board too , omits the truth poor deluded fella

All quiet , the facts speak for themselves. You only need to look at the charts to see what has happened here , and it ain't getting any better any time soon. I will be on your case No-oil , and your buddy AnAl , because you should be shot down just like you tried to shoot me down. I will call an sp of top 24.75 and low of 20.25 for the next 6 months.

No-oil , can you explain the collapse in SP from 43.75 to 20.75 recently please? What occurred? Just for the newbies or the new investors wanting to get in ...Did RKH lose the oil , or did the PMO not mention any investment in Sealion in the last presentation? Or is it all roses , banking on the Italian settlement and Egypt? All whilst the BOD steal free shares from you guys every year . laughing in your face whilst you put all the money in and they take all the money out...lol

So Imnotanarsehole , you post under a pseudonym? I post under my actual name , nothing to hide. You have 90 posts and you call me new? Have you come from II , like me , who has been posting there since 2005? Jog on boiler boys. I have been here a looooong time , invested since 1997 so come on , give it all to the newbies reading your sh*te but make it believable like it used to be in the dot com bubble...

So Imnotanarsehole , you post under a pseudonym? I post under my actual name , nothing to hide. You have 90 posts and you call me new? Have you come from II , like me , who has been posting there since 2005? Jog on boiler boys. I have been here a looooong time , invited since 2007 so come on , give it all to the newbies reading your sh*te

Ok Nogo-oil , lets let rip muck. you obviously have all the history and credentials regarding RKH , I see you have the support on board. Smacks of BHLCF . To call me a loser? Where does that info come from? Anger?! Having held since 2009 , and bought at 539 , my disappointment is long gone fella. I am just telling it as I see it , no more , no less. You are a crook or a fool , the two don't go together , I would say you are a crook.

Just the usual idiot ramper who has no respect for anything but cash , jog on

garynobrain? Rude who ever you are.

I really don't see how this one needs deramping , the BOD Directors do it all by themselves. I agree , this will not be sanctioned for many many years , I sold up last year with a huge loss , happy to be rid. Sam told us FID was imminent , what a liar!)
So long as the board award themselves free shares without putting up their own cash speaks volumes to me.
So am I a deramper or a kitkat?
GLA.

Hi , in at an average pretty low circa 15.5 so not much to grumble about there. I am a tad disappointed at the sp performance of Amer , as I am sure a lot of folk are.That should have been 25% plus on the sp at least today. I don't envisage many oil stocks shooting to the skies anymore simply because the market is pricing in zero oil for the future , electric cars , reducing the use of plastics etc. I will reduce and be done with oil stocks asap , i certainly wouldn't add ....at any price.

Yep similar issues , would,'t load at all on iPhone. It's not the best on the Mac either.

Update , it says it is " no longer available to buy online".

I have tried to place an order to buy this stock via IG Index and a strange message came up which said this market is not available to buy online. My order wasn't filled on Friday either. Anyone familiar with this? Never seen it before.