Member Info for Rktech

rumbled........how ironic.
We found out Petrodollar was Bonum and now another one post wonder with the same style.
You gotta laugh at some of these people and their agendas,
CDNoil is absolutely spot on. I DO think Arthur expected this to be a runner by now and I have always said I thought he was being sincere three years ago but didn't realise what he was dealing with.
In the meantime the cashburn has been excessive and frankly pointless.

There will be a mass panic to buy Gold and other PM's soon when the harsh reality of the depth of the recession is accepted and the exponential rise in money printing accelerates in a vain attempt to support collapsing economies.
The world is living in a fantasy world of unicorns and happy shiny people all stood around in a circle singing kum by yah.
There's a harsh winter coming and the world leaders and their cohorts are peddling a false picture of the reality.

Don't know why you guys bother trying any logical discussion with him.......total waste of time against someone with an agenda.
Bill is a man on a mission and there's so much going on I'm not really bothered about the SP at this very moment.
There's a hard winter coming and the depth of the worldwide recession is not being addressed.
I know about modern economic theory......just print money and reduce the interest rate.....works fine in a book. It's never been tested against negative interest rates and the exponential increase in money printing that will have to happen as soon as all the predictions of a rapid recovery are met with harsh realities.
There will be a mass panic to acquire physical PM's when the current vaccine euphoria is replaced by the grim truth. The DOW breaking 30k with all that is happening just says we are living in deluded and extremely strange times.

For all the LTH here I was really hoping this would come good but especially Bolton. Genuine, honest guy who was just trying to make a few quid for his family.

The RNS has a detailed list of what the money is for and it should add value to the company.
As such it is NOT dilution.
If it was to pay fat cat salaries to freeloaders in a lifestyle company it would be different and I can think of a few of them.

It's not NNPC that approve a PSC extension it's DPR.....Department of Petroleum Resources.

Yes , horse hill is in Sussex and it's UKOG.....he's right about the flow rates.
Even though Sussex council is no doubt riddled and plagued with bureaucrats I'd imagine it would be easier to get this deal over the line dealing with them.

Shouldn't really discuss it here on another board but If a placing is in order to increase the net worth of the company and not just to pay fat cat salaries then it's adding value and is not dilution.
Bill Brodie comes across as an honest broker who's running the company in a way most investors are happy with.
The only thing is it would have been more PI friendly if it had been a rights issue or open offer possibly with a few higher priced warrants thrown in.
If it adds value it's NOT dilution.

This is the BZT board POPS..........just sayin'

Agamore was always regarded as some kind of scam and the claim spurious.
I think it was some kind of shell that was set up to satisfy indigenous participation but didn't go down well with DPR. It goes back to before COPL and Shorecan took the 80% of EN
It's difficult to imagine that it would be a problem as it was associated with Essar AFAIK and would be their problem if it was.
In any case the so called dispute was still ongoing at the time the last PSC extension was granted and so I can't see that being a problem now.
I have no idea why this is taking so long and I thought we'd be drilling by now but covid excuses are getting a bit of a lame get out clause everywhere.

Well you're nothing if not consistent POPS
There's a noticeable bias to all your posts with a distinct whiff of spiteful malice of one who's been burnt.
What else can I say........BEWARE THE DE RAMPER and just form your own opinion, DYOR and recognize those with a not so hidden agenda.

Everything Sub has said is bang on the mark.
This board has become like an Emperors's new clothes appreciation society
The only truism is that Essar are in charge and so get used to it.
If there was a will by all parties to get this over the line it would have been done and dusted.
It's not Arthur's fault........he's just a passenger like the rest of us.

Great post's Moonglow.
We probably won't be 1p by Christmas and the SP represents fair value right now.
We are where we are but that could change in a heartbeat if we got some really positive news.
That's why the SP is so volatile.

Possibly.......certainly not a bad one.
I'm just happy that we've got Bill at the helm and with the projects we have he can't get through then fast enough.
Oh !..... and FIAT currency is going to hell in a hand cart whatever happens now so PM and bitcoin and alternatives are king.

Auction at close

Change the thread title FFS and don't respond on it.
Every time you respond on a title like "this share is tanked " jonny gets his message across

The pundits were expecting 100 billion as the first tranche and it's 150 billion
The total amount has been put forward as 500 billion......perhaps we should say half a trillion.
Although that looks like it'll get revised upwards.
The rest of Europe is in the same position.
Who knows how much the Fed will print with Biden in charge but many trillions.
Negative interest rates will be next.....coming to a bank near you soon.
Well actually it'll only be for large corporate loans and bonds.......they could never do that to ordinary folk who would just go back to putting it under the mattress/floorboards etc.
Point is that hyperinflation is now a possibility and countries could start to look more like Germany in the 1930's or Zimbabwe this morning.
Gold and Silver will once again be the stable currency of preference.

B of E all set to start printing another 500 Billion helicopter money ( aka QE ) starting this Thursday.
If Biden gets in then the Fed will just print what it likes but it won't make much difference either way as far as printing more Fiat currency.
Whatever happened to the gold standard ??

It really doesn't matter who wins. The markets will just re position. The dollar printing will go on and despite modern economic theory hyperinflation is a reality of extreme helicopter money.
As for the bleach thing, Trump was told that bleach contains a chemical called sodium hypochlorite......a very powerful oxidising agent that gives off monatomic oxygen and is 100% effective against any virus......so the dumbfc_ck suggested injecting people with bleach.
Biden is already senile and will probably be replaced by Kamala Harris before the four years are up. The lead times on green projects are so long there's no immediate effect there.
They're both going to let the Fed print more Fiat currency......they have no other choice.
What is truly amazing is that out of a country of 300+ people the choice is between an ignorant loony and a senile ol' git. Like last time, there are a lot of people who wouldn't say they were going to vote for trump but will.
I can't understand why the Americans take a year to elect a new president when we take 3 weeks start to finish. Just get it over with FFS.

Agreed it really doesn't make any difference whose president, it's just the uncertainty of who it is and then everyone has a good idea of what's coming and how they deal with it.
Money printing will still go on and modern economic theory says it's OK and that's why we don't look like Germany in the 1930's or Zimbabwe this morning.
There are however limits to everything and this is brewing for a perfect storm for real assets as a safe haven.