Member Info for Phil164

That is why pmo have been and are discussing other methods of financing sealion rather than just adding to their debt pile.

Going to play devil's advocate here I think some are getting a little carried away, yes we have a good asset which someday I am convinced will be worth something to somebody, at present we know a rerate is going on but all else is conjecture.

Hi Anth, you naughty ramper you. Lol. Did my final top up today, I have a good feeling about this rise after three years in the doldrums , lets hope we are all right.

Done, bought another 25k shares, trade done 11.32 showing as a sell !!

Well I can assure you of one thing Anth72 has been a holder on here for years and is not in any way a ramper.

Have we seen 2p for the last time?

GUS, you have been very impressive at forecasting this lately, do you also do lottery numbers ? Lol.

Gus, Is there any reason why you think there might be an imminent rns.Just curious.

To me the interesting thing reading the last few exchanges of posts is we all seem to be in agreement, there is a good profit to be made here, exactly how much and how we get there is something I'm quite relaxed about, it is the destination that is important and I am convinced it will happen. Gus just a slight word of caution on other prospects, of which there are many, drilling in the sfb has been both expensive and problematic, humpback basically bankrupted FOGL so nothing can be taken for granted..

I am here for one of two things, farm in and production or sale of the asset. I am convinced one of those has to happen at some point, BOR isn't just going to fold and hand the discovery back, and either should represent a good profit from current sp levels.

Well said Mr Bond.

Like your enthusiasm Gus would love you to be right, being a border holder for several years I tend on the more cautious side. This is a mid to long term one for me hopefully however we will see serious movement this year.

Funnily enough argos are the only falkland oily I dont hold, tell me do they have a viable discovery, and if so what size, as for Noble after what happened with fogl I wouldn't trust them as far as I could throw them.

I am in no way an expert but from my own reading many if not most now think confidence is starting to return to the oil market, see BP resuming their share buy back programme as an example, since the small independent e and p companies were the ones who saw their share prices hit most by the downturn a rerate and bargain hunting appears likely over the short to medium term. This share was ridiculously priced so a really good rise is possible maybe back to 10p even without farm in news.

Camkite, no particular reason other than the fact I think we will see the north basin get going before any serious attention on the south, just a gut feel, its not an exact science.

Most of the long termers are still here myself included because of the huge potential if a farm in comes, but don't get carried away, we have been waiting on this for 5 years, anyone expecting imminent news is likely to be disappointed, but over the next five years hold your nerve and this stock still might make you rich.

Not showing correctly.

Not sure we will ever see that but happy to be proved wrong, what is certain is that current level is absurd, if I was a betting man I would be betting on a takeover maybe at 20p on current poo sometime in next 4 or 5 years but if we do get a farm in then �1 could quickly look very cheap, either way its a no brainer for me at this sp, I too have topped up again in last couple of weeks but not as much as anth.

Nothing has changed, reason for buying at this price remains the same, roll on sealion sanction in 2018.

As I have said, as a pmo holder you are on the wrong board for your arguments, now dont bother replying, you have made your views on rkh clear and I am not interested in discussing them further with you.