RE: Newsflow incoming19 Jan 2018 14:26
Investor Prime.
My thoughts exactly.
The last RNS says
Rose (AIM: ROSE), the AIM quoted natural resources business, is pleased to announce that it its wholly owned subsidiary, Rose Petroleum (US) LLC ("Rose US"), will be exhibiting at the 2018 NAPE Oil and Gas Business Conference being held in Houston, U.S.A. from 6th - 9th February, 2018.
Today is the 9th January so we are talking about some two weeks away until the conference.
It then says :
Following the successful completion of its 3D seismic shoot over its acreage in the Paradox Basin, Utah, the Company will be exhibiting the Paradox project at NAPE to potential investors and partners.
So all options are open on financing.
The Company will be updating the market shortly with the results from the interpretation of data from the recent seismic shoot.
Rose could drop this first thing Monday imo or at the latest within 2 weeks.
I have got in now because I feel the 3D project is money well spent. I am also interested to know the revised COS which was previously above 50%.
NAPE is where the deals are done. Have a look for yourself!
http://napeexpo.com/summit