Member Info for SuperRoty

Yes now working

Yes now working

Yes now working

You are right. SP will always decline with no news. I will soon top up at 1p.

Now looking very economical for a drill and jv interest should be there. I will buying in any big dips so please feel free to sell.

Snape, Re your question on 75% working interest. I am no expert. All I can see is from the recent interview as follows. ONL To start, can we clarify the status of the farm in. Is it correct to say that the company earns a 75% working interest in 125 sections for a cash expenditure on the project of US$5.5 million and thereafter it will be heads-up with the 25% WI owner(s)? MI The earn in requires a $5.5m carry, (we spend $5.5m and pay 100% of the expenditure) we are also required to complete one "obligation well" within the AMI in this case the Gunnison Valley Unit which is where we have the 3D seismic data. When we complete the first well we will have earned into the acreage and from then on it will be heads up 75/25. This is all as clear as mud but I guess that is why they are keen for 2 drills.

I cannot wait to read it. Should be a great bedtime story.

It will happen imo. Lots of excitement in 2018. Time to load up.

His latest comments. https://twitter.com/Oilman_Jim/status/988001510830297089 Rose Petroleum (ROSE), operating in Utah, announced it has assembled a highly experienced subsurface and surface operational team with extensive experience and a successful track record in the Paradox Basin. The operational team has now largely completed the subsurface assessment, well location selection and basic well design and engineering for Rose Petroleum's first proposed horizontal well, the GVU 29-1, and the application for a permit to drill is underway. ROSE also has decided to proceed with the permitting of a second well location, the 22-1, a horizontal well with an estimated ultimate recovery of 894,000 barrels of oil equivalent.

never. South is right. 1p coming. Yes PLEASE!!!!!!!

I agree a dilution will happen. I am relying on this at a higher price after permits and jv announced.

A jv must be lined up already or they would not assemble the ground team. Once we get the permits the jv news will be announced. I shall load up in any dips subs 3p

So its too late to top up. Everyone else will be locked out. lol

South, All I can say is I have been caught out here before. I will try and not let history repeat itself. Have a great weekend and enjoy the sun. I understand that it is sunny at the moment in London. Also get your eggs ready for the investors event tomorrow. I don't want you to miss out on the fun. Shame I won't be going.

If the Doc says to buy it's good enough for me. Time to Top Up!

More like a gradual drift after news. Volume way too low for a proper p&d. Watch out for updated CPR. ROSE will continue to drip feed news to hold up sp.

Midland Boy, I share your pain, as I am over �15k down here and I am the first to admit that this share has been truly dreadful. I should have taken my money and walked a long time ago instead of continuing to ramp this sinking boat. I do, however, see the big potential and I am happy to hold and see what happens and maybe even top up a little if it drops way below 3p again. AIM is a crazy place to put money into and it is a den of gamblers not investors. I still think Idiens can pull this off and I think he knows a lot lot more than he is letting on. I have already written off my investment as a dead duck but I will stick with this to the end and hope my gut feel is right. My biggest fear is a dilution and no doubt one is coming at some point, but probably not at this rock bottom level.

https://www.oilnewslondon.com/oil-news/rose-update-on-operations-in-paradox-basin-utah-u-s-a

South, You are probably right at least short term. The retrace has begun. Still it was good while it lasted and even you have to admit that thinks are happening at apace now. If it falls sub 3p, I may even be tempted to make a little top up.

Nothing in that last RNS that a few of us did not already know but nice to see ROSE is finally being noticed by the market. Massive potential and so undervalued. It is worth remembering that the stated resources and COS by Ryder Scott is before the 3D's , (of outstanding quality),and increased acreage. A new CPR is being compiled and this should be very good news. IMO the COS of 56% will increase considerable and the first drill is likely to be an appraisal drill with a COS of 75%. ROSE are targeting gushers of 1,000 bopd and in my opinion for all the work going on at Paradox and the assemble of a team a jv has probably been agreed behind the scenes. Good luck all