Member Info for ralph2010

That's my point Nigoil, this is a gamble. You should not be encouraging "Strong buy" and "FID & Sanction 2019" !

What the RNS is stating UKEF has said no ? 5p anyone ?

It hasn't been confirmed and PMO would need to sell Zama and find a partner. I am hopeful it can come off, but the situation is hardly a "Strong buy"right now, hence the SP.

The problem Nigoil is no money to get the oil out, there was no money 10 years ago on discovery, no money in 2012 with the farm out to PMO and there is no money now ! Tell us how we are wrong ?

No, I am not happy with you incessantly ramping a clearly distressed company and asset !

I cant be bothered replying to you much longer, you are clearly insane ! You cant see what is staring you in the face !

I hardly ever post you tool , here one for you:

Rules for Successful Bashing:
Use 10% fact. 90% suggestion. The facts will lend credibility to your suggestions.

Funny thing is, 90% of negative things said about this stock are in fact TRUE ! Not a decent RNS in 7 years, dwindling cash, tied up to corpse of a partner, gambled and lost with Italy assets, the list of failure is nearly endless !

Still on the boiler room scam delusion ? Seriously ? As said before, I think this chat and the BOD have got off lightly so far considering $500 million has been sunk into this and the SP is where it was before a single discovery !! Just ****ed off investors you Muppet !

Nothing to bash here for a short anyway, it cant go much lower !

Its more likely that its you that is the scammer, 1800 posts of ramping, to try and get the price up as you sell ! We are holding you to your FID and sanction 2019 sonny jim !

Yep, the likes of Nigoil are too positive. If he is correct, then it would more luck than judgement, but I do want him to be correct of course!

I think since 2012 this has been a disaster, all caused by the PMO farm out. They tied us up to a corpse and the BOD should have gone after that and soon after it too. The market knew, this dropped the day of the farmout and hasn't stopped since. There has been some terrible bad luck too along the way, but little they have done has benefited share holders.

This is last chance saloon and now the added bad luck of Greta Turdburgh is causing a flurry of misguided hate towards the Oil business in general. I could see EF backing out because of this heat, or delaying it.

I think its you that is missing the point, what use is it moaning now? They dont have the money now if thee decision was reversed !

TBH, I would rather have a payout now than this lot trying to develop it, don't think RKH has the money to bring it up now anyway.

It could through good money after bad though.

from RNS:

Cash resources of US$27 million at 30 June 2019 and no debt

Disposal of Rockhopper Egypt Pty Limited for US$16 million announced in July 2019, with completion anticipated in Q4 2019

Year end 2019 cash resources estimated to be in the range of US$25-30 million

So from June to End of 2019 they will spend ~$16 million ?

So far ~$500 million has been spent on this

I'm confused by :

"Sea Lion is looking an absolute certainty now for PMO, with or without the ECA"

and then:

"The bet is now down to whether the ECA funding is successful and with it the banks."

Nigoil. I am hopeful that a Zama sale will save this, in fact annoying this hasn't got to at least 30p on the for sale sign being put up.
But these could be 5p if they cant get the money sorted, these can go lower.

It said they bought the company that owned 40% of Zama for 500m, I could be wrong, but im thinking the said company could have had debt etc ? ~$430m is what ive seen touted for the PMO stake

It was pretty clear he meant "say", but 15% per day will do I guess, its the same thing really.

PMO RNS I found positive, confirming they are going to use Zama for cash, much needed cash. Why is this still only ~20p ?

RKH RNS was rubbish and I don't understand why they weren't more upbeat about PMOs RNS ?

I doubt you doing thing useful with any of your time. Good riddance

just put me on ignore. Those stocks are junk and they havent done well

Dont half hold some junk eh Nigoil? No wonder you are such a ramper.