Member Info for Rot1

I could Fkin scream, but I do trust TD to reward the shareholders eventually.

Sweetner not sweeter ??

After reading the latest article from them, I did get my knickers in a twist when they said PMO could go bust, (if the debtors called in there chips) but thinking about it before ACRM got a sweeter to stop shorting and give the green light to the BP deal, Tony said he had the backing of all the major lenders, so I see a deal with them something on the lines of what ACRM got and the extension of the loans and this will increase to cover the BP assets, and they will receive shares at a discount, and I reckon this has already been agreed, once public the sp will rise as long as oil stays at today’s prices , so it’s a hold and buy for me.

Wish it was that simple :-)

ARCMhunter best thing i have done for reading this board is filter the two characters who post the same drivel all day long.

Quite like to hear two sides of an opinion, but two posters simply have to be filtered, the Ferret and Down and most certainly out. Filtered.

DiveCenre, as I say I do trust Trice.

Well after reading again the RNS of 29/01/2020, you either trust what Trice is saying or you don't, I personally do as he has been truthful so far along this long road to production. Saying that I have been bitten once before with Hart at Bowleven, but he is another story.
So after this RNS I have invested again in this stock only to see it plummet again, I know we cannot keep getting RNS after RNS repeating the same thing, Like nothing to report other than production above predicted, but may be we could get a tweet or maybe somebody actually working on the FPSO stating production all going good 20,000 BOPD posting on this board who is credible, or maybe the company confirm production has been successfully ramped up to this amount, just that these are not conventional wells, so maybe we should expect this from the company.
Even after good news like this and the share price still falls, I think most share owners would still be more than happy to hold, the problem here is this is not a conventional oil field and with out more up dates and the price falls through the floor people think all is lost. We just need re assurance.

Mkt cap £ 69 mil at 15p surly this is a buy even if no FID for another year, cant see RKH going bust anytime soon, either pay out from sale Egypt assets or if that goes tits, revenue from production, say 10 mill in bank just a guess, no debt, no obligations, a proven oil field with 12 or so appraised wells, cracking flow rates, a farm out to be carried once FID, I know PMO has cash issues but is going in the right direction, possibly cash from litigation in Italy, I would of thought PMO would buy ( all share offer ) just to stop the carry and pass on to another company to farm in, I just dont see this low value for the company, andI haven't mentioned the possible other scenarios, or am I missing something, all opinions welcome apart from the serial derampers who must have ulterior motives, you know who you are. Rot

Today, has finally drawn a line under Bowleven for me, even though I sold the lot just before the new management had taken over at a life changing loss after having held since 2010, In my opinion it was all down to Kevin Hart and not keeping the market updated regarding Sapele (got the Tiger by the tail and all that) and the sands(not gas injection able) and having wrote to him personally, and his reply of all is well, I hope I don't ever bump into him. I really do feel for the current holders, as this has been a compete disaster, the only thing I hope for is that Hart still holds all his shares. Rot

The bit I liked, was when the good Dr said that Lancaster was still being filled even today, ? from Clair ridge? if not may be from another conventionel oil field. :-)

She is big, just passing the Captain platform in the Moray Firth.

Stick Kevin Hart (BLVN) on that list, I just hope I never bump into him.

�This is not the end, this is not even the beginning of the end, this is just perhaps the end of the beginning.�

Just herd a wee snipet, while at work Chevron interested in buying acerage in Falklands, now this could get interesting.

Bordersman, I am completely out now matey, had enough and as you say there will be many twists and turns still t come with this company now, and its no for me, I originally invested in a company who was a exploration company with great expectations and CEO who was a spin master, and yes I was completely sucked in Sapele and the as he said we have the Tiger by the tale and great results, its just a shame we had a lying over exaggerating CEO called Hart who just happened not to mention the sand where not right for gas re injection then carried on drilling knowing this and it had to be that type of reservoir for it to be viable, and just to top it we don't even have the rights for the Sapele field anymore. So thanks for your friendly advice, bit I am out and will not be back, just wanted Hart to have some type of apology to all the investors who he sucked in and backed him all the way through this nightmare investment, I hope there is such a thing as Karma. well at least he has now had a taste of it. Rot

As I thought no resignation letter and apology from Hart for his complete destruction of Bowleven, I just hope I don't have the displeasure of ever bumping into him.

If and when Hart resigns, I hope he is man enough to sincerely apologise to all LTH who have lost there shirts on his lies and misleading statements he has continuously spewed out over the last 8 years disgraceful and almost criminal.