Member Info for dusterinmong

We were told by the company for the last year there looking to finance the project and have been given dates which to date none have been met.

now we are told when market conditions improve see RNS,

Could be a long wait if ever imho

The problem here is the money men do not see it like this boards blue sky thinkers do.

if the returns were so good the money would have been sorted this year.

JBS

It will be well onto 2020 before this produces a bean.

The worrying part in the last RNS was there waiting for markets to get better regarding funding. one word for that BULLSYYTE

They have had all year to sort this and got nowhere.

Off topic but interesting

Have a look on the BBC I player

Storyville poisoning America.

Shocking. just shows how much corporations and the Govenments care.

There are a few on here who refuse to see the wood for the trees some tool called long something is top of the list typical clown who invest but chooses to turn a blind eye to the risks, and soon as he buys anyone saying anything different to his dream of mega riches is a fool.

I asked the question on here to this BOD poor excuse for not raising the dosh to start this project namely markets taking a turn and low oil, that has to be the worst load of tosh I have heard for a long time.

remembervmarkets were at all time highs for most of q2 q3 this was when finance was supposed to be sorted remember Aug, then Sept, then q4, well if you cannot get investors on board then what chance in a bear market which looks like coming.

I would be surprised if this ever gets to market, the gas that is Not oil. But hey we don't do oil only when making excuses lol.

Jokers the lot for leading investors up the garden path imho

And gas is still high so no idea why the cannot raise the development cost. poor show from the BOD.

Some are blind to the facts here.

Last RNS was bullshyyte. There reason for not obtaining funding was recent oil price slump unfavourable market, really? It only started to slump a couple of weeks ago!!

This is the 3 rd delay now and if the cannot raise when oil gas was high 3rd quarter what chance is there if oil stays in this area and as Trump has SA by the balls don't rule low oil out for some time.

then what here.

This is the kind of morons which are running the world these days, il let you attach names to the above TPS??

To be honest I don't want to be part of this when an innocent man has been murdered, then rather than bring these to account, a certain person blacmails our biggest supplier to get his price.

sickening to the stomach what's going of here in the oil market.

But he will stand before a more powerful force one day then there will be no where to run or hide. that makes me feel better.

Shell at BACTON are IOG going to be locked out now??

BL has so far failed to deliver on his talk

We were told Colter spud in October on a podcast in Sept see no!!

We were told near term deals transformational for the sp see no!!

I feel sorry for the holders at least short term who are well down on there 3 off mill investments. btw these were 3 individuals not Inties as some have said on here.

Come on Larkin deliver or are you Larking about and taking a nice salary like most of the jokers that run Aim stocks??

The details and the reasoning were in the RNS Explaining this. Give the pr company a call Mark explained it very well to me. A pe of just over 1 for starters.

zebbo

Why have you bought into a stock you clearly know little about??

Try calling the company and ask or the pr outfit representing the company I did and Mark was very helpful. pls Dyor.

I3E need cash will AA ablige? the reserves look juicy on there blocks.

Fully expect this to be over 10 in the not to distant future, even then severely undervalued

if this does not double over the next 6 months my feeling is AA will take this private. would need to pay a tenner imho then take in or rake in 50 mill a year for the next 10 no brainer???

need and gas should read

I noticed on the interview that Andrew mentioned perenco, IOG Sneed cash for there BACTON terminal and development of there has. would Andrew be interested??

Ø Dyas acquisition - On 24th May the Group signed a Sale & Purchase Agreement (SPA) to acquire 100% of the issued share capital of Dyas B.V., and its subsidiary Dyas Infrastructure, which have various non-operated interests in producing fields in the Dutch sector of the North Sea and onshore Netherlands. Total consideration is €107 million. A refundable deposit of €10.7 million ($13 million) was paid on signing the SPA. All Conditions Precedent have now been met and completion will occur on 1st October.

Ø The effective date of the Dyas acquisition is 1st January 2018, and assuming the acquisition had taken place on this date, forecast production for the 12 months ending 31stDecember 2018 would be circa 11,000 boepd of which 50% is oil and 50% is gas. Forecast EBITDA would be expected to be in excess of $100 million for the full year.

Ø Arran acquisition - On the 9th August the Company signed a SPA to acquire a 20.43% interest in blocks, 23/11a, 23/16b and 23/16c, which contain the Arran field in the UK Central North Sea, from Dana Petroleum for a nominal consideration. On 19thSeptember, RockRose further to the SPA, has signed an Equity Realignment Letter Agreement on Arran that takes the Company's interest to 30.43%. The acquisition adds a further 8.5 mmboe 2P reserves to the Group and 5,200 boepd of initial production post development. The acquisition is subject to OGA approval and assuming approval is granted the completion is expected to occur by the end of Se

With gas going one way and 50% of RRE income coming from it all looks good here. the broker target is low imho.

Have you seen the natural gas price today? there are forecasts for it to go as high as 7.

which would add to the all ready juicy profits here.

This fat ****tt should concentrate on his job. tweeting and moving the markets is wrong what does he do ring up his biz pals 15 mins before and let them know he is sending a negative or poss signal out? Should be looked at imho