Member Info for Krok

So next update is in about 2 weeks from now $66-67mn cash balance, I reckon. Not a game changer by itself, unfortunately Dull days for junior E&P stocks

RPT is facing a risk of becoming a mini-Surgutneftegas, where growing cash has no impact on mcap

JKX is way cheaper, though partly for a reason. After a recent drop and a flow of positive news, one after another it now provides a better upside. It is like Regal in 2nd half 2018 All other Russian and Kazakh cos are cheaper as well. Except for Volga Gas due to its huge divi Regal should start spending their cash pile and the best way of doing so is to pay dividend No significant capex, nothing to acquire, 75-80 mn cash pile by year end. Keep accumulating is stupid

Not sure what's behind this excessive optimism - a mere wishful thinking, naivety or something else Has nothing to do with reality 60-65p this year, one way or another, and we are lucky. No value currently above these Regal is already more expensive than pretty much all of its peers

Not having Pinchuk on board is very bizarre indeed, mentioned this already Will see how the AGM goes in two weeks’ time

Sold my entire holding on the day of board massacre, was the right thing to do Used the proceeds to top up Regal Given the recent weakness, will now buy JKX again

Gazprom, the largest gas producer, is up 50% YtD, mostly on increased divi news In the environment of low gas prices, that’s what we need from Regal as well. Pay a decent dividend

I have by now accumulated 750k of RPT shares, the largest holding in a single stock ever Need 50% gain on this, before year end

For Regal, we are now approaching 40% cash flow yield for 2019 Ridiculous. Higher than for Kurdistan producers And Ukraine is still not Kurdistan

Moving from RPT to JKX at current valuations is silly. Was a no brainer back in December when Regal was 60p and JKX was 30p Now it is almost vice versa price wise People thinking that Kolomoisky screwing chairman and senior non exec director is a good thing fo JKX minorities are plain dumb

It may well reach 55-60p. It may however not if everyone will start selling below these levels hoping it will fall again Something really good needs to happen for a break through

Dreams again) It’s just a transfer to another jurisdiction. Novinsky did the same a few months ago

That’s what I said several times - looks similar to Ophir. Get the price depressed, then offer a 50-60% premium But here we have pretty good downside protection

At 1 pound per share, implied market cap is US$416mn and 54% stake is worth $225 mn That said, forget about it, it has nothing with reality. If there is a bid at 65-70p, we are lucky. Will personally make very good money in this case and will be happy

Technical analysis for the likes of Regal? Seriously?))

There were nothing exciting in the latest RNS, which were not expected or known before

Don't believe in below 35p on no news

There is a large seller I eventually bought 160k shares today, at some point in the afternoon bid orders fulfilled almost immediately

Added 73.5k shares today, overall position - slightly over 500k shares Will continue adding more at 40p or below It will be 60p this year, sooner or later

Nickel, that's exactly what I mean. He has assets next door and even if he is not going to bid for Regal, having his people on the board makes a lot of sense He has not done it for half a year