Member Info for ralph2010

I find it so nauseating how the argies try and take to moral high ground......... �The UK, which throughout its history has been involved in many armed conflicts on a tragic scale in the history of mankind � you are well aware of the fact that going to war is not the best scenario. So the willingness of a government and a people is not to be at war�. Yes, we will fight when you take innocent people out of their homes at gun point, over a completely fictitious claim to someone elses land! Argentina should be made to pay the UK and the Falkland Islanders reparations !! They have no honour !

Could well be a war coming to the middle east again, very strong words from Trump https://news.sky.com/story/us-warns-iran-will-face-strongest-sanctions-in-history-if-it-doesnt-change-course-11380838

Im not so sure. I am becoming a little concerned about the lack IIs holding RNS. Which means to me this is PI driven and they could just off load quickly and we will be back to 30p. Some good news would be good!

Hopefully you will do ok, like we all should. I sold a large chunk in 2012, the PMO RNS made me sink in my chair. I had to look them up, even I could see back then that they didn't have to money to bring this to fruit alone. Bought some more when this dropped below �1, bad choice that was! I would still like another partner, but I think the UK gov may push this Export Finance through. The UK is running out of OIl, the heavy stuff is going to get left for now (XEL, Bentley, anyone), only good for Diesel that everyone has gone to war with now. For me there is a tactical reason for this Oil to go ahead and it will justify the MOD protecting the Islands and maybe some funds recouped, a win win. Could do the FI Government giving a healthy Tax cut too.

Hopefully you will do ok, like we all should. I sold a large chunk in 2012, the PMO RNS made me sink in my chair. I had to look them up, even I could see back then that they didn't have to money to bring this to fruit alone. Bought some more when this dropped below �1, bad choice that was! I would still like another partner, but I think the UK gov may push this Export Finance through. The UK is running out of OIl, the heavy stuff is going to get left for now (XEL, Bentley, anyone), only good for Diesel that everyone has gone to war with now. For me there is a tactical reason for this Oil to go ahead and it will justify the MOD protecting the Islands and maybe some funds recouped, a win win. Could do the FI Government giving a healthy Tax cut too.

Doubt it will go that high. Even if they announce the "pathfinder bank", that doesn't mean all the funding is there, the bank will likely put some up, but still more to find.

Yeh, I read about the dodgy pipe line, the sulfur in the oil! Yet China still paid out $5bil. SL Oil is better quality, so this gives me some confidence that RKH is massively under valued . I dont want Oil to go too high though, a steady $75-85 for the next couple of years would be fine and about right imo

The gift that keeps giving......pure gold! https://www.theguardian.com/world/2016/dec/27/cristina-fernandez-de-kirchner-indicted-corruption-argentina

This is very cheap, I also think that Isobell could well be 2+ Billion Barrels (marlonmonkeys post on II) and RKH have over 60% of that. Probably a few more fields to add yet too I was just comparing other fields, the group of Kashagan Fields holds 13 billion, but look how many players its spread out with: The field is developed by the international consortium under the North Caspian Sea Production Sharing Agreement. The Agreement is made up of 7 companies consisting of Eni (16.81%), Royal Dutch Shell (16.81%), Total S.A. (16.81%), ExxonMobil (16.81%), KazMunayGas (16.81%), China National Petroleum Corporation (8.4%), Inpex (7.56%) Chinese paid $5 billion for just 8.4% ! There is enough Oil there for a big player to take a slice of this. Perhaps Argentina giving a green light will have an affect of this afterall. But I remain weary of them since they could just vote a hard liner in next time and relations sour again. Dont understand why Cairn or Nobels haven't thrown their hats in. This should easily be a 10x bagger from here ...Isobel will see to that

End of 2018, so December perhaps

I dont think the rise is anything to do with it. Another government could be voted in and wind could change direction for the worst. Its rising because the chances of production are increasing and PMO are stabilising imo

There has not been any drilling or scans for years in the FI The only thing I could think of is that they have reworked the info they have already got and have decided Isobell is bigger or a new target has been found. Either of these 2 they would surely have announced at today's AGM

AGM will be a pointless exercise. They don't have any money and no new farm in partner to develop. nothing has changed, its all talk as usual. back to 20s is a real possibility

The usual spiel....no news at all. Dropping down again today.

hahha, is your hand OK dude?

There will be nothing new at the AGM....

Actually been in since before SL was even found, so get your facts right! Luckily, I sold alot when that crap RNS with PMO farm out was released. Left some in and have been sorry I did ever since, Never have taken out a short.... The PMO update is NOT positive for SL, balance sheet first is their priority, not further spending on developments, infact they are selling assets.....

will be dull and nothing new just like all the others........24p by AGM. Pile of garbage.

That's because Oil price is not relevant if you don't have the money to extract, which RKH and PMO still do not have.

about right