Member Info for iamrich

If Shell stick another drill in then its game on and everyone will be looking to explore in Namibia, lets see what Total report back their drill is bigger,

This could be amazing for us at GBP and farm out made so easy, we already had interested parties last year just waiting on these drills, I would expect we have many more now,

This is about to get even more exciting and easier to HOLD for farm out now, only a few months away at tops till we know who wins the bid

Evening all, just come across this, never looked into RENE before but will do some digging later, where do you guys see the share price in 6 months here?

If you don't believe then you made the wrong investment or should have done some research maybe, too many headless chickens who need to be flushed out now, hopefully Monday wil see these people go and leave it to those to invest for the upcoming farm out and price correction,

Traders/newbies have made this volatile simple once they are gone this will start to adjust,

Yes with the oil we have we are a measly 6m market cap, unbelievable, the market does eventually correct itself, we did have too many people in for the big trade for the shell announcement so hopefully all are cleared or about to on Monday but can see us climbing from next week now and ready for the build up to farm out, any news on this an I would expect a descent corre tion here to about 40m mcap 5p atleast

I don't think they will announce how many bidders exactly they have but wil mention that they do have several interested parties/bidders,

Things may change now with shell oil found so we may get news of progress sooner this month, well all expressions of interest by February they said so should hear something soon

Wacker, sorry missed your post, yes you were spo
In

t on mate, if it wasn't for those large sells very possible it was monecor and we should get a tr1 depending what % they have reduced to or fully out, even on this news the price will react but with such volumes last few days I would think this will still bounce back up again,

I think this will now grow slowly towards farm out as the bid deadline is end of next month but then there could be direct talks straightaway by interested parties,

Arahim great post and on the money, Yes sellers have been proper flushed out, Monday is looking good but next week will see it correct itself,

FA, What I learned from Warren Buffet is understand what you invest in and if you don't then don't buy it, And since I understood this well I can say its working for lol

Nope They made it Clear they have found 250 million low side to potential 500 million in LIGHT OIL the good stuff so how you have come to the conclusion this sounds negative i really dont understand and if they are lieing then they would be in serious trouble that shell qatar and namco

Would be interested to know why some people have sold as we are so close to results, some people waited years for this moment, crazy.

Board taken over by the derampers and scaring out the weak, karma will come around you should lose big time in may ways you haven't even thought of,

Yes and then there will never be a need for placings, and we are at 4p now lol,

Oh wow man has changed his tune all of a sudden, is this s show or have you bought in? crackpot deramping a while ago now on the ramp

There was too many small timers here waiting on todays news to sell lol guess what you lot sold for less lol, got mugged, watch the share price climb after the last of you lot leave and we approach farm out, As the company stated and time lines bid deadline MARCH

Derampers are out always the case when SP slides, But this will recover and they will disappear, Looks like resident rampers have also turned lol, If you panicked sell its on you lol, do some research and believe in what you have invested in, while derampers try hard lets see the SP recover

Ok Phoebus now you know more then the company and calling what they RNS's misleading lol ok best to listen to you rather then the company lol, thanks but why you spending your afternoon here i wonder

Phoebus, Please follow company news and stop acting daft, we already have interested parties who were waiting on the two majors to hit oil/results plus we shouldnt be short of farm out partners as we have also done the dubai expo and since then news has been going round new area of interest 2.9billion on offer really no one would want this? wow smallers liveses are being taken up lol

indirect deramps have started so some can trade it and buy back.

Erebus55 sell up mate your moaning is getting too much here like school kid are we here yet,

Erebus55 people can say what they like and so can you, but what difference does it make when you know the real value here and whats coming, thats the real game here to making real money is to figure out whats coming next, we always see share price climb over time but we are never in it because we dont have the patience, few months down the line 1p will look stupid and unimaginable

Expressions by late feb and bids by end of march, Lets see what gets announced, We should deffo get some news on how many parties are interested by end of feb by GBP this alone will spike the share price,

As I said the price is now climbing back up again, people like erebus55 have sold as they have no clue what this means right now, big buyers will be in soon as the dust settles and this will continue to climb till march as we get close to farm out announcement