Member Info for Rookie1

What bid are you going for NewKOTB?

I’m still confident they will make an offer of late 50’s, probably back to their original offer. That’s just not enough but nice to have on the table and should underpin the sp.

We should but something isn’t adding up here, why on earth is this drifting?? I can’t understand why anyone would sell.

Why would Barclays not be closing that short now? I can’t understand it.

As luckcounts said, I feel 50% from here and that is still a steal imo.

Great link, thank you. It’s nice to see others recognising the value here, we are in a great position now.

Has to be, I bet we see so,e huge buys go through after close yet again

That wasn’t a response to your post mate,I know what you mean. Can’t beleive we haven’t gained 5% on the back of that RNS

Doesn’t bother me if no deal gets done with them results. Happy to hold, if oil recovers this could be 80p by year end anyway

If oil was still above $60 I would expect this to climb tommorrow, poor China data is giving OP a hard time though.

Could anyone tell me of any exploration plans pencilled in for Mexico? I couldn’t find any info on that acerage..

Only another 5 k shares but I think Medco need to put forward a sensible offer now before they bring to much attention to Ophir as severely under valued.

I’ll be adding more tommorrow morning, this can’t go for less than 55p

Pmo must know Zama is big if talking about rights issues to buy more of catcher. Zama is getting sold once proven I’m sure, I think it’s a good move.

Re reading the first offer and noticing Medco initial offer potentionally included contingent value rights on fortuna, that to me says they had valued the company under the assumption the licence wouldn’t be renewed and 58p was their valuation on all other assets.
I can’t see how they have back tracked so much other than an attempt to get the sp to plummet?

Must be exactly that, hence why the bod released all previous offers to let share holders know they are dreaming. It seems a very unprofessional approach by Medco.

Sell Zama and buy rkh for 200M, own 100% of sea lion and acquiring as much if not more reserves than Zama and 800M to fund it. Isobel will be a different discovery again and that’s just all bonus.

Traders to jump in tommorrow? Close above 77 and still looking bullish, not overbought and no other resistance until 98p..

Same here, sold Pmo last night and got back in this morning, took 10% from around 69p but after this mornings RNS I feel £1 is a short term bet. Pmo will test £1.40 again at some point this year I’m sure.

I don’t understand these RNS’s regarding holdings, could someone please explain the basics of them? The Faroe petroleum one says unit price 160p?