Member Info for shamI89

I have been following Gary for years and he is one of trustworthy guys. I know that he has a higher average but despite that he has given his honest opinion.It is too early to say anything.

I can vouch for Gary's honesty and found him to be an honest guy.

Cheers Gary, I appreciate your honesty and I know that your average is higher than current sp, it takes a lot to give your honest opinion.

What is your verdict Garyn, are results good or bad?

shareprice got dragged down last month on assumption that serenity is a duster and went to hit 42 on oil discovery. It should hit 35 to 40 if discovery is comercial.I am not an oil expert but lets see.

Issued to put an end to speculations, they have hit the oil and are analyzing the data,which would yield results in couple of days.

They have hit the oil but we will find out in couple of days as it shouod not take too long.

Final results?

Somebody mentioned a buy at 31

That it is not a duster and they have hit the oil.

He baged it but was not being honest to shareholders.I remember saying that Contract is dead but PF said that he is working on alternative ways of getting paid.It was a feat, no doubt about it.

media reports are to believed then we should something in the middle of this week,at the end of the month and in december. not a long time but fingers crossed,

Part of me wants to get in but problem with PF is that he has a history of over promising and under-delivering. This contract is a done deal and we would find out about revenue in next RNS.But timing of RNS can be tricky, it can land tomorrow, day after,week after or may be a month after. So we may get a chance to gain a cheap entry.Good luck to all who are holding.

Read the RNS again mate, Lender would release the funds if company is recapitalised

Don’t think anyone would be holding this share long term as recapitalilization aka placing is expected before End of March. There is money to be made if volume is high.I won’t touch it if there is no volume as it would be hard to exit without a hefty loss.

At the minute sentiment is driving the price up/down .I don’t think most of people here know about company’s product, financial situation and potential. Now traders would get bored at some point and that would affect the share price. Company is funded until end of March 2020 but recapitalisation has to occur at some point.

I remember researching RKH in 2014 and it had 250 million cash.Oil crash provided the chance to buy some assets at bargain prices and BOD did not budge. Premier oil bought EON assets for 150 millions . This BOD has burnt through 250 millions in five years and has nothing to show for it.

I hope so, think mid volume contracts were sold because nobody was willing to touch them and low volume contracts are more attractive to.potential buyers.

Depends on wipac sale, if they can offload it at a reasonable price then other divisions are doijg really good and you have a solid profitable buisness.

Why would it go down to 1.04?