Member Info for greendave66

But well done to all those that are as a re-rate should be on...a decent re-rate will see shorts close so that they preserve huge profits which will boost you up further

Either bust or 10 bags once the first decent revenue is banked from either the 1m contract or this gay one or any other we are involved in....Im in from higher so ill be hanging around waiting and hoping for 10 bags....

Anyone care to predict what’s happening between now and end of year which is about 7 or 8 trading weeks as lots going on....drill progress, tie up discussions etc

I was that bored in Oct I didnt see the 8th of Oct update as I didnt check.....lets hope before xmas....What is the status of the £1 million contract?

The Board is finalising the exact payment details and is confident this will be concluded in the near term; the team has already started to initiate the plan in anticipation of its finalisation. Although finalising a contract of this size can typically take considerable time, the management share the frustration with Shareholders about the length of time this has taken and will continue to use their best endeavours to get it signed as soon as possible.

Right lads, many months on from the spike and supposed 1m deal I am still waiting......why would a CEO state a new 1m contract about to be signed when it is clearly not as we are still waiting now many many months later....too many spikes going on pumped by a crew at which people fall for it.....including me on this occasions as I need 0.54 ish to break even......more chance of seeing Santa this year

so $5 a barrel at the moment you think? If so, more than double the mcap then! quids in here we come....

As per RNS 3 more to go.....whats the oil in the ground worth now to someone else? Even at 1 or 2 dollars its more than double our current mcap......lets wait and see what the funders or RRE have to offer in the next 7 weeks

Always good to see the profit takers being soaked up ready for the next leg up...onto the next drilling we go

They will be looking at our data in detail for sure....our mcap is crazy for our results....can only build from here starting with the next drill and the next big leg up

Spike - I would have thought RRE would make a move sooner rather than later to prevent as the more we know the more expensive it will be for RRE to farm in.....

Spike501 I agree with this -Although the other path that in my view is now much more likely than a week ago, is a farm out of all the prospects to RRE/Repsol - Would RRE buy under 3 percent of us do you think?

68 from this find? All good here

£1.5million of warrants to be converted to shares at 56.85 pence issued to GE UK for oilfield services rendered by Baker Hughes....more than a 50 percent mark up to the current share price. Why would GE agree to this unless 56.85p is going to be the minimum price in the very near future

A cash pile of £200million (yes 200m) and actively looking for acquisitions or tie ups. I3e hits oil on a joint field and the law says they must co-operate on who gets what when where and why. Is it out of the question for RRE to just buy this field off us? It would be peanuts to them and make financial sense then RRE can drain extra millions of barrels of oil....time will tell but the more development work we do the more expensive we will sell our assets for....RRE the choice is yours

Under valued and on that basis I’ve bought back in!! Think general election non sense yesterday and Lombard selling has knocked the share price today but I see this bouncing back over coming sessions....

Thanks that's the answer I was looking for....If it wasnt for the background sellers you would have thought RRE would have seen a blue day today

Someone with knowledge on here can you explain whats going on here from RREs perspective. I see the 50% holding of Tain from the RNS what else? SP has not moved on the find from i3

That’s what my £980 holding is worth....

this wk? Wheres the news?

ii rebalancing won't last forever, likewise there are good odds on another re-rating acquisition this side of Christmas.....timing is key as always.....