Member Info for ralph2010

Its you that needs to grow up. any date you give is BS, what part of "they don't have any money" don't you understand? Its not drilling they are trying to secure , it the funds! NO FUNDS = NO DRILLING You are a Kit Kat!

yeh yeh, " I know a date , wink wink" what BS! Seems more like you are trying to get SP rise to sell your holding? Do us a favour and don't post then , any date you give would likely be incorrect, since you won't have a drill date with no money and no FID !! If you are suggesting the funding is there and they are talking dates, then I can accept that, but please cut out the cryptic BS and you might get better responses!

How on earth would you know that? FID is some way off and it will be a NO decision if they cant get funding from some where. You are suggesting they have arranged a Rig and drilling plans before they have the money, before they make FID ? Seriously, you must expect us to think to are talking BS.

Yep! Im sick of PMO and RKH too! Not far from 8 years since discovery......wtf! Lets hope they pull this funding off, if they do we should be fine.

Nonsense, what is $1 ,million going to do ? That will not pay any dividends and it wont raise the share price! This is about sea lion end of story. The market is picking up, RKH is one of the worst performing by the way and has been for 5 years.

I disagree, buying a few more barrels which is all RKH could afford and with it more risk than cash, this would drop, it would takes years to make it back. They need to leave it as it is, they should not have gone into Italy imho. some of their buying has paid off, not great but its operating money, the other hasnt Also PMO and RKH are like a couple in a toxic relationship , just not a good tie up! RKH with oil in the middle of now where and PMO with no money to get it out! Some good news is needed here, something that changes the dynamic Justifiably PMO holders are annoyed with the RKH situation and RKH holders are annoyed with PMO situation , TOXIC!

I don't want them to make anymore acquisitions ! Italy has been a waste of time and there isn't that much cash in the bank! the share price is being held up by the cash in the bank. If they spend out again, this will drop

Lets be honest, this share has been a disaster for 5 years now. "Lets find Oil" they said "We will be rich" they said Forgot about funding the find......

Its not 18p and it moving on tiny volumes, doesnt mean anything but PIs . Wont get interesting until IIs start to get involved

Down on small volume

Hi The case against Italian government, pinched from the II board : https://icsid.worldbank.org/en/Pages/cases/casedetail.aspx?CaseNo=ARB%2f17%2f14 well a disappointing week, was hoping this would hold 26p

He hasn't said anything unreasonable.

I did hear an analyst presentation and they preferred the route you are thinking , they thought ZAMA was more convenient and there is infrastructure in the area. Lets hope the Chevron rumour is true, if they could take a large slice of SeaLion off PMO we might all be sorted!

Thanks for the comments, interesting to hear the PMO holders point of view. Obviously, we all want our own stock to do well, I can see why PMO holders are sick of Sea Lion. The market groaned at the time of the farmout, it wasn't wrong either! Clearly PMO bit off more than it could chew. But what if PMO sell their recent find ? Surely that could help the cause?

If they were going to dump it they would have done it by now. Also, they can soon start getting some cashflow from all the money they spent on catcher. Oil heading towards $60, in 6 months time PMO and Sea Lion could look a very likely outcome. If the loan is on and cheap and the FIG thrown some big tax breaks around this should be worth alot more than todays price and PMO sitting pretty