Member Info for ralph2010

Good point about making a take over harder with spread out assets. Although a take over might have been better for us share holders! I would take 50p now, had enough and that would be a big loss on my last batch of shares. Angers me that after throwing �500 million down this hole they are getting gold plated pensions and bonuses! Should be getting no such thing until the �500 million is recouped !

The acquisitions were not great, but they atleast they now have an income to cover running costs. Although looking at the BODs wages and golden Pension payments and bonuses, I suspect the BOD did for themselves and not share holders ! But this was always about SL anyway.

highly doubtful imo, PMO cant afford anymore spending/dilution.

Shocked at how much the BOD have been paid, page 41 of the report. nearly �400k for Sam and nearly �600 in 2016. What a joke, they have been getting bonuses all along!!! noses in the trough!

We can vote, but it depends on how much of this stock is with big holders. Although they could vote against too, I don't think the BOD have many friends/fans as share holders McDonald, what the heck has he done to deserve nearly 2 million shares? He only joined the company well after any decent work was done and then laid people off, we could have done that....... As soon as the stock gets a 2p gain they have dropped this snatch, they have no shame! Basically diluting us by 4 million shares, probably why this dropped AGAIN today.

VOTE NO!! Failure must NOT be rewarded !! I also don't care how other companies are doing in comparison, its how Mr.Moody is going to recoup the �500 million already blown on this! Which I doubt he ever will. They are getting a good salary and are lucky to even get that imho t! If it was up to me they would have all gone along time ago

VOTE NO!! Failure must NOT be rewarded !! I also don't care how other companies are doing in comparison, its how Mr.Moody is going to recoup the �500 million already blown on this! Which I doubt he ever will. They are getting a good salary and are lucky to even get that imho t! If it was up to me they would have all gone along time ago

Im not sure about a Oil Giant being interested in 1200 barrels and SL. But Tullow, Cairn size company could be interested. �1 would be nice.

yep and we are finally above 25p. Dont like what Trump is saying though...

Rockhopper Exploration With its results last week RKH reported continued progress on Sea Lion which must look very attractive indeed at over $70 oil, being so geared to oil prices. Interestingly I hear that a lead bank is shortly to be appointed which should help hugely with putting the senior debt piece together and due diligence looks like it will kick off shortly. Also worth noting the big 50% reduction in G&A over the past 4 years which is now running at less than $0.5m per month and with oil where it is, I estimate they�re probably more than covering that from production now.

RKH never goes up ,only down. still this crap is not even over 25p

im not arguing with you, I am stating my opinion which what this board is for. You could well be right, nobody knows how this going to end up.

Well, they could already have bought up RKH for 40p/50p a share! Nobody has come running for 1 billion barrels of oil in a virgin basin, maybe they dont think its worth it? For 5 Billion Barrels it would be more attractive? Noble and Eddison arent all that big and could quite easily ditch the ARG acreage, its common to pick and drop acreage and they dont seem to be doing much with it now do they?

I dont see that, Im thinking the opposite. I dont think there is enough Oil here to get a major player to come and snap this all up. I think its more likely someone like Tullow or Cairn might be interested, so im expecting atleast one more midcap to spread the cost with PMO.

I would be furious if we had crappy paper shares from useless PMO ! They are the reason this is currently worthless!

I was getting excited about some main stream RKH coverage ! Dam it.

92p - 20p was harder. to 10p doesn't really make alot of difference

na, im just fed up and bored of 20p. I just wan something to happen, be it going bust or finally getting the funding.

I bought some 8 years ago and made a decent profit on the hype, sold most in 2012 when my heart sank and PMO was announced, bought some back at 92p, seemed a good idea at the time. I am not averaging down, if I had started doing that at 92p I would be way too invested and my loses would now be huge in trying to catch the falling knife! Im not anxious exactly, just feel mislead with all the "main market" talk and how for the last 6 years they have been telling us business as usual etc, when they must have known the money wasn't there for years!

Because 10p, 20p, 30p , 40p, doesnt really matter, my last batch was 92p, I have lost only on that one luckily! I have written off the lot, they are worthless now anyway. So I dont care if this crap goes bust