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If it gets to 10,000 BPD then this should move back near a £1 again
This has been dragged down to the abyss. This should hopefully move up day on day now with the anticipation of good oil from this newly spudded well :)
If this get to 8p in the next 6months i will sell all my share and stop investing.
Hi, Thanks for taking the time to post all that information. I understand where you are coming from and you shouldn't average down but i guess most people have had a significant loss in SP so you may as well stick around and hope to find the bottom to lower your average. Before you say put a stop loss, this doesn't help because these get taken out in one quick swoop and then straight back up. I hope your right in this is the bottom. And we will start making the move back up. I guess if you was willing to invest a 30p then 13p sounds like a bargin haha. I don't have time to focus on trading alone as well so its difficult to put stratergies in place. GLA
Do you know the world we live in. Thinks go wrong all the time. Not having a go but people have said this plenty of times and got burnt.
Yes i know i spoke to you about January time when i first got in. I could see it going down so pushed it to the back of my portfolio. All conflict will have an effect on the markets, people become more careful before investing. My dad bought in here ar £1.10. But got out at 44p not good. Guess i am in a similar postion but the only way is up. Good news is that it can only go down another 13p
There has been bigger volume than usual granted. The thing is RPO has a general bad vibe about and negativity has taken over. There is the russia scenario, the iraq scenario and these are all playing a big part. We dont see what goes on behind the scene and the making makers are making a market. If that means encouraging people to sell the so be it. More fool them for selling. This has a big risk to reward and like i said earlier we will either see multipuls or we will see 0. But i have big faith in this and once it moves it moves. GLA.
There hasn't been that much volume that i have seen but obviously i don't see what going on in the background. When this does start moving up it will with a bang.like numerous times in the past.
This has been brewing for a few days. Its to even out the sells to buy and bring it to the correct price. We certainly haven't seen this much volume today.
Ahhhhh i see where all those buys have been going hahahaha. That took some time to get rid of.
Yes it oil that can't wait to see the surface. I love how there is so much optimism when all its done has gone down. Least there is no negativity on the boars of about 5 people. Haha
is going on. Volume is picking up everyday but doesn't seem to be doing much for us. Well remember this day when we reach 50p or we have nothing. Will have a celebration either way haha. I might email everyday just a question mark? ? ? ? ? ? ?
I understand there are two but is the July well suppose to be early July? Does anyone email RPO Investors Relations?
Just hope that there is good pressure coming from the well that has been spudded. Are we looking at early July for results?
Blue blue blue blue blue pleasseeee
Joke !! How can it keep sliding down when all I see is buys.
If this every has a blue day it will be like liar liar. The share is blue. The share is blue. The god dam share is blue.
I just think the fact we are less than 2 weeks away from July and potential good news on the horizon if the well is flowing nicely. But to be seen. This is very cheap and with a market Cap of 45 mil and producing an average of around 4000bpd. Restructured finance in place. I can only see this going up but may still drop down to 10p. I am not missing my chance of getting in for 3p.
Well I got in here at 31p and just bought again today to try heal my wounds. Hope I can recoup some losses. Good volume of buys so things may be looking rosier. GLA Tim W
This will end blue today hopefully for the first time in what seems never.