Member Info for gus0

shake time, pulled the bid......

Exactly POC, MR B from Calgary has friends across the oil and gas sector in very high places. Oil and Gas is what he does, could well be collecting for a third party takeover. Other group could have just started and need nearly 18 million to trigger the 3% crossover RNS. Something on the way for sure....................

Falky- You just did DHead

Market Dealer/ Falky. My post stated the PMO/RKH farm out and not the current one.You have a knack of pi**ing me off if I am totally honest, as you do to a lot of others on other boards. Making a comparison between liquid gas and a medium crude is a comparison and may not suit you personally due to your financial investment in RKH. Same could be spoken about your nonsense about ARG. Let me remind you, its a Borders and Southern board and not a Falky one. I speak up for BOR only.

Big very delayed buys from Friday

CORRECTION - PMO GOT 60% RKH RETAINED 40%

LTT RKH originally got a billion dollar farm in from PMO (231 MILL CASH,722 DEV CARRY AND AN EXPLORATION CARRY) in return for 40% of Sealion. Due to a shoddy agreement with a forever first oil date, PMO were never in a hurry to develop and then Harbour arrived and we know the rest. So in short, here's why

RKH - Signed a rubbish farm in agreement
RKH- Wasted their cash and were run with high costs
RKH- Have a big tax bill
RKH- Have only a medium crude as their asset
RKH- Have been saved by Navitas
RKH- May get their Italian cash

BOR- 100% owned, better asset in serious demand (liquid gas). Size of the asset similar (half a billion barrels), will pump more barrels per day, has a lean wage bill (only £1mill per year) and has no debt.

Which is why in reality BOR is more valuable by far than RKH.

POC- I am very sure it won't be Navitas. But as you'd described below, the obvious route is now a straight takeover of BOR but the board won't let it go cheap that's for sure.

Next jump will be 6p without news, however as I said this morning- I feel it in my bones that something is on the way.

triggering those high sells as the price climbs....... not enough shares about tho.

crabby, thanks for your experienced insight LOL.......

Here we go........

Again well said POC, we are sat on the biggest undeveloped prize under the ocean and we own 100% of it. Farm out/take out soon- I feel it in my bones.....

Gonna pop soon..........

Here it is, MAM arrived quicker than I thought. Congratulations on your win and I do suspect the price will increase over time, I do however disagree with your stance on BOR. The asset we have is actually needed more than yours, highly mobile and ready to go, and of course we own 100% of it (unlike your 35%)

I actually hope all players do well in the FI

RKH well sold into as well, typical AIM. Must be bloody frustrating for our visiting pain in the arse Much About Nothing.
From a personal point of view, I am glad though for the patient shareholders and hope it all works out for all, our news next I believe which could well be a blockbuster

Well for starters, they haven't the cash to even think about BOR- ARG maybe, but not this prize. Secondly I doubt they will actually bid for anyone, they need to use the cash for their own development with their partner and have a hefty tax bill to pay. They also have to get the money, which could take an age (Look at Cairn). However all looks good for them, and the FI in general.

Washing machine is on, did it in the 2's and now the 3's- soon to be the 4's. All a bit boring, I still can't fathom at all why we are only worth 20 million quid. Only 588 mill shares in circulation. no debt, 100% owned with a multi billion pound asset urgently needed globally, and I mean f urgently needed. If there was EVER a time, its now for this stock.

Waiting for 50p+. Even then I may not go, I like being paid what I am worth.......

POC really do agree with you, Gas is a massive massive problem, and oil to a lesser extent. Darwin surely is for the taking, and I am thinking taking out now rather than anything else. Looking at the order book, currently its so strong in the 3's and any small movement will ping this back to 5 in a blink of an eye.

Similar place as to when we were in the 2's, absolute waste of time/ no market. No selling and no buying, the bidder needs to up their bid if they are serious about needing stock. Can buy on quote up to 750k at 3.5p and sell the same at 3.32p so the spears in reality is quite tight, compared to the exchange.