Member Info for Surely

In terms of the bid ask which didn't change, yes it was a flat finish. However sells outweighed buys today.

That's a great post Delft, there are a lot of points in it that are worthy of discussion. Waterflood IS expensive despite what the rampers would have you believe and it is not straightforward either. Intimate knowledge of the reservoir is required.

And less than 2 months for the divi.

Well i would say that was the bottom today. For me an absolute gift to get in at 494 after such a huge fall. And if GDPR is a red herring then it's happy days. As I said these oppurtunities dont come round too often. Never say never though. Just probabilities, just less likely we are going to see below 494 after two strong bounces today.

nobody is getting 475, hope you all took a bit at 495, it was down there for a while

The bottom is near i would suspect, and the trick is to find out when it undershoots, as this is a quality company. It would be nice to hear from some of the posties about the GDPR legislation and what they think the effect will be.

but Surely, we only just became CFP, and accounts are backward looking.. but Just check out the production costs, admin costs, and finance costs in those accounts. They are not going to disappear going forward are they. So tell me what revenues you are NOW achieving that makes you cash flow positive. Looking forward to the interims and the excuses then

dooh

Well there's a surprise, not a cent of Cash flow positive in sight. Money left the business for another year.

Celtic, this little question seems to have stumped you.

Any guesses to how rmg will open tomorrow. Higher/Lower

Celtic, the statement "It is only a matter of time before the US is forced to cut back its production as there is little point producing massive amounts of oil with no market for it. " Is that written by yourself, ie your opinion, or did you read it somewhere.

Celtic, the statement "It is only a matter of time before the US is forced to cut back its production as there is little point producing massive amounts of oil with no market for it. " Is that written by yourself, ie your opinion, or did you read it somewhere.

So if a producer in the US are forced to cut back their production, will RRL be forced to as well. If not then why not

bounty, you might be right. The Ramper is like a self flagellating monk who uses this board as his whip in a public expression of faith in RRL

"1) he likes being the centre of attention, hence he posts with a view to attract attention 2) he is in so deep with Range that his judgement is clouded and will do anything as he sees to try " meow , ouch Bounty !

"keep posting Celtic" yip I completely agree with that, it is pure comedy Gold.

or put another way , a 25% fall in sp in a quality cash generative ftse100 company. Well these oppurtunities dont come around too often.

There will be buyers sniffing around at these prices now. I doubt it will get to 475.

tbh, it's really just more attention seeking from the Ramper