still hold shares in RPO12 Mar 2014 12:53
It is a basket case but the sp is so low ,onemay as well wait hoping for a miracle because that is what it will take.. Not looked here for months
- i used to hoping to see some reason to believe but for over a year it is painful and unrewarding.
Worse it is a completely unrealistic board, led by eyes blue. If he had topped up as often as he claimed, he would own more than the russians.It is immoral to keep telling people who may have just stumbled on it, and know nothing. that this is the buy of the century.
All the grand plans and announcements have failed to materialise and I do not think any real explanation has ever been attempted. Despite remarkably favourable treatment from lenders, big shareholders, Russian tax law and now most recently shlumberger, the shares are clinging to 20 p, most of which is probably hope value. Without it the company would have gone bust long ago. Meanwhile it is possible to say that things ought to be much better, since the US keep up the story that their fracking is a bonanza, but they clearly aren`t . but why ?
So what IS the true story? what is really going on here?
Is it some elaborate long con on the lines of the recent ENRC coup
God knows what is really going on here