Member Info for SilverSpoons

Yesterday's cut off, especially in Summer, is just a negotiating tool. Come Sept the bill will be paid, even if the EU have to cough part of it up themselves. However much the LNG and Tar oil salesman try to push the geopolitical agenda, Europe is addicted to Russian hydrocarbons. A depressed EU economy means leaders are desperate for cheap energy. Add to that a chronic lack of investment in power station construction means that quick built and relatively clean gas power stations will increasingly be relied on. The current s#!tstorm in Ukraine is not going to go away soon. This will uncountably cut Russian oil companies ability to raise cash, but no matter how much Merkel and co publically denounce every time a neocon comes to town they know that Russian hydrocarbons must keep flowing. By the time Ruspetro get things into full swing, which could be 5 years from now, Europe will be buying more of the stuff than ever to make up for all those closed Nuclear Power plants (some of the oldest of which are in Ukraine). Meanwhile its one hole at a time. PS no point writing to the board. Let them get in with running the company. Share price manipulation by MMs is not something they can or should attempt to control. I'd rather have infrequent and detailed RNS than frequent and vague ones.

Only because it would probably wipe out a large number of geared long positions. Once the CFD fodder has been wiped out the short selling pressure will relax. High oil price and increased volume from the new wells will mean a far better second half to the year.

Should help the cashflow

Janary. By continually lowering your entry price you risk missing the boat completely.

2.25 is not beyond the realms of possibilities. As I said last month, i think 70p would be a fair price for a debt swap under current circumstances.

The more money MMS make. Whether its pump and dump or deflate and accumulate the greater the swings the more they make. Short term traders will always loose in this game of bluff. Only by sticking to your own opinion do PIs have any hope of beating them, though this can also mean waiting a very long time. 15.5p is a joke and we all know it. Trouble is those with deep pockets can short a stock for a very long time.

Link: http://www.oilandgastechnology.net/upstream-news/salym-petroleum-pilots-enhanced-oil-recovery-western-siberia

They can apparently increase output from wells using water flooding quite considerably:

Tried to buy the other day. Got no live quotes for any worth while volumes so gave up. QED the spread for large trades is probably more like 10% plus. A game of bluff is going on in which the price is being held low for anyone stupid enough to sell while at the same time buying is being made unattractive by the spread.

Anyone with a truly honest opinion of RPO as low as yours should think about selling out and getting into something they feel more positive about.

Just need to put the hand in their pocket a bit deeper. Hopefully they will.

No wonder brokers make so much money. 7% just for lining up a seller and a buyer

70p since a) it would constitute a very large % of the company and b) the shares would be purchased with debt, not cash. Let's see what the new well finds shall we.

Sorry. My, or rather Google's mistake. For some reason a lot of shares on Google are not showing trades today.

Not a single trade today. Does this mean the shorters are scared?

S bank is carrying almost the same rate of risk as we shareholders are. I too see a debt to equity swap being in everyone's interest. The price will of course reflect their current risk and hence be far higher than the current share price. The dilution will of course affect all of us but at let's sat 70p a share would not be unfair. The main thing a debt restructuring would do would clear the uncertainty surrounding rpos finances and allow the company to be traded within a realistic band as opposed to the almost comical market valuation it currently has.

Recently is about to realised they have been well and truly played by the market makers.

So I thought I'd post something to relieve the boredom:Оля Полякова - Люли: http://youtu.be/XPfiy1xPUzs PS no doubt rbrand will complain.

I just get the feeling that the more the MMS hold the price down the more its going to leap when the inevitable short squeeze happens.

JS. Good job Lawrence of Arabia didn't hold with your views.