Member Info for ROCKETVI

Would advise any punters who bought in below 10p to take at least half profits now and wait for pullback after the latest RNS. This is not looking good long term for the Co.

Have got just over 33,000 at average of 11.5p and wished i hadn`t got into this one. Can only hope that the sell off is bought into to stop it going below 10p. Stupid buy knowing the internal issues going on and will sell out ASAP.

That`s around a £ 170m buy. Gives me confidence to keep holding CARD. Never know that they may be looking for a takeover if they buy more shares.

60p is quite possible after a share consolidation which will eventually happen. Normally find your holdings have been diluted after a consolidation in small caps. Have taken 50% profit on this so now holding for next news on massive oil find.

Very confident outlook from CJ. I will be retiring if this reaches 1p. Good to have large gas resevoir but viable oil is another matter. RBD seem confident taking out Humbers stake so wont be selling any shares until 0.05p minimum.

Thank You Heid.

Without research, are Humber Oil involved in any other sites in partnership with UJO. ? Seems that RBD will take an hit, so hopefully UJO are finished with Humber Oil.

Never: Any positive news would be welcome but i believe that they need to keep producing at a steady rate until the cash pile builds up before exploring more drilling in the same area. As it is still an exploration Company primarily and is receving income, then they need to have more thought into the next drilling area. This last one was a wake up call and could have been a lot worse outcome. A high risk share but that`s how to make decent returns at the risk of big losses...

Looks like the treeshake has put a stop to new buyers for a while as expected. Bought back in with average of 8p so will wait for retrace over the next few weeks. No good news expected so in for the long term.

Thankfully i sold out 90% of my holdings this week to settle other share purchase. Not happy to see it drop like this but has stopped me taking a big loss.
Will be buying back in if it goes lower next week.

Jaskk: You have exactly described what the plan is in that see how the first trance goes and give the shareholders a vote on the second one. I wouldn`t advise anybody to buy any more at this level. This is a very sneaky way of robbing LTH`s.

MRP. That was a while ago regarding SOLG. Made £15K out of that but could have doubled that if i`d waited a few days later. Am in HUR at average of 0.12p now but expect to see better returns on this one than PMO & TLW given that they are low cost producers and always a good change another large reserve will be found. Just need to get rid of this low trading range.

Hope so as i have just bought £ 20K worth based on the revised NAV. Obvoiusly rental income is the going concern but i see this as oversold given that this virus restriction will have to be lifted to some degree within a few weeks. The Country needs to get business`s back open or we will see a proper depression.

First time i have invested into HUR although i have followed their progress for Years and cant believe the price is so low given production rates and very low cost per barrel. Have given up on TLW & PMO so sold out as this Co looks a lot more promising when the POO gets back to a stable price around $40. Can see this trebeling within 12 Months time.

Oil storage tanks and VLCC`s are in short supply at present and the cost for storage is increasing the longer it is stored. Where is all this extra oil on the market going to go ?

21/05/2020 ex divi date.

Bacc: Trump. He is totally correct on that one unless you have died before and came back. I`d trust that Man with my life. God Bless America...

You may not like Trump, but he is up there with the best of business chess players. He will screw Russia and SA.

Certainly they know the api hence the further drilling to confirm the actual size of the field and flow rates. I believe that UJO will buy a larger stake in WN as they have free cash. Good result on the gas find alone but large quality oil find would rake in lots of cash.

Bit more serious on an offshore platform if a virus hit. I wonder what people would start panic buying if they were told a massive asteroid would wipe out the World in 3 weeks. Bog roll isn`t high on the list.