Member Info for mariog

Good news!! Turkey to ban plastic bags from 2019! http://www.mondaq.com/turkey/x/665198/Waste+Management/Turkey+to+Ban+Free+Plastic+Bags+from+Start+of+2019 EU plans here http://www.independent.co.uk/environment/eu-plastic-pollution-strategy-uk-environment-plan-theresa-may-prime-minister-a8164531.html

Most of LTHs average is between 7 and 10p.. Still long way to go..

not bad if they negotiating with the bank

oil ended nicely today, WTI almost $60 now!

Are we all waiting for the funding news?

OIL WTI almost 1.5% up now

We all know they are in funding discussions with the gov. Nothing has changed only the share price is lower. But remember all, we are not PMO but RKH. Rockhopper does not have any debt. Rockhopper holds a lot of cash and is looking to add a new a cheap asset now when the oil price significantly reducted values across the market.

maybe tomorrow

Go!

..or the big day is just around he corner. Oil price must be helping right now!

I'm not that long in RKH, but I see the acquisitions during the bear market as an opportunity to generate quick cash from the producing wells. They can spend only $5m for a small company that delivers $1m profit in a year time. They exist on the market right now.

IF they buy producing profitable asset then will go up

Again up. Must be good for Rkh and Pmo future. All must realise that Rkh remains debt free and is planning some aquisitions from the cash in hand.

Oil price heading to $60?? +1.5%

ready for buyers, technically it should rise from here

we can have it even before end of this week if we keep 2-3% rise

over 1% now

The 250k buy wasn't first one. There were minimum two 250k's within the last week or two.

It also means money to be paid to the operator to increase activity in Egipt. Very good news IMO.

"The two sides had signed a Farm Out Agreement in December last year but had been waiting for the EGPC and Oil Ministry to sign off on the transaction, the value of which remains undisclosed" It only tells me there is some significant value here and Rock owns 25%. Egypt should be an add on now. RKH is cash rich and does not varry any debt.