Member Info for jono44

Hi fireplaces, you're right it could still be cheaper, and might drop further.
But I do think it is now undervalued.
When the lockdown started RTN like everything else fell off a cliff, apart from pharmas.
It went as low as 25p but was it cheap then?
At that time nobody had a clue if life would get back to normal so 25p might not have been cheap as it might have went to 0p.
But now I think everybody is confident that with so many vaccines coming thru the outlook is certainly more positive and the hospitality sector will be more appreciated.
For the past few months the sp has bobbed between 45p-75p and before lockdown it peaked around £1.60, but I don't expect it to reach that price I do feel that it will rise from todays level quite a bit as confidence returns.
Just my thoughts, GL

Good points H4.
But as you said 40p would be about 100p in relation to pre placing, about the same price as last takeover bid.
So I don't find it ludicrous, as I pointed out some directors would need the price around 44p to breakeven.
Hope you keep posting as I like to hear all views as you might post something I haven't seen or taken into account.
GL.

Selling isn't over till the rampers have finished selling, and they're stuck with a load so only going one way.

Took the plunge here.
Can see this as a takeover as it is still very cheap.
Believe that interested parties will be taking a long term view, not worried about a few weeks of lockdown, it won't be this price again.

Let's be honest most of us had an inkling this drop was going to happen, it always does with bpc.
And we all thought when it happens we would sell and buy more.
But guess what missed it, to late now.

I knew this was going to be exiting but it's like being on a bucking bronco.
Hold on it'll calm down.

Good post Anto, didn't think I would ever say that did you.
Justin Trudeau better watch out this Cochrane fella is absolutely amazing, why isn't he head of RBC or Suncor, surely his talent is wasted on Uru' s " Advisory Board" ( where did that come from).
Just watch him get zillions of warrants at 0.000000001p or maybe a zillion shares in lieu of salary,
divi up at end of day, or maybe convert his salary to debt even better.
Just jesting.

Yes just seen price, not selling now to late.
But what a top up opportunity, thanks sellers, just took advantage.

803799 thanks never clicked on future calls, screenshot taken.
So leaving on 26th will be on location in plenty of time, spud before Xmas.
All looks really good now.

Thanks for the replies.
EggChaser great link but for the life of me I can't get a departure date for Icemax.
Didn't really think p1# rns was a definite 30 day notice.
Can't see it being 15th but hope I'm wrong.
Also 12 days sailing so can't see if leaving for a week or so.
Anyway its going to happen so not worried.
GL

DP do you know how long it will take for the Icemax to go from port to drill location.
Thanks.

The news we are waiting for will come from Stena.
30 days notice of arrival of Icemax at drilling location.
That news could drop any moment.
Most likely today or tomorrow to give a spud around 21st Dec.
PI's are taking a gamble if they sell so close to this news, but that's the game that get played.

MB 23p

I have researched extensively and have so far not invested.
Admittedly not a one trick pony like rms but just highlighting the imploding covid bandwagon that's about to happen, and to be cautious with companies who still try to jump on.
And do you all know how the landstead agreement works?
And section 408.

Never have so many been lied to by so few.

Setting in.
Can I get out tomorrow without too much of a loss.
Maybe if I ramp hard enough some other poor sod will swap places with me.

Converted loan to shares, watch them hit the market.
Current bid 10.25p
New shares acquired at
3,566,667 for £0.015 (1.5p)
11,000,000 for £0.02p(2p)
Now what do you think he'll do next.
Sell for a whopping profit thanks very much guys.

Hope investors here are taking note of the antics at rms.
Trevor Brown

Yep do your research in the right place,
Goid luck you'll need it,

Watch out, money will disappear as quick, if not faster than it came.
Maybe a consultant fee.
An investment in cloud cuckoo land.
Gone just like that.