Member Info for Vernony

Hi Ken the Panorama is interesting but I do wonder if the government have thought it through.As more and more homes become insulated, down will go consumer demand, down will go profitability. Up will go monthly bills to compensate for less income. I remember the idiots building hospitals under PFI. Won't cost us a thing we were told, again they did not think it through PFI was not going to provide investment for nothing . Instead now of a hospital being a government owned building, it was now owned by enterprise. Enterprise with share holders to boot, and in comes company profits too.... How on earth did the numbskulls ever thing that could be cheaper !

http://uk.advfn.com/forum/28800583. There is no room to get excited here. IMO this company is either about to fall flat on its face, or take off towards 30 pps . At the moment its just a bit of fun, but could enable one to say ' I told you so', if it takes off. Personally I don't rate it at above 30% (likely) at the moment. At least their shares don't cost a lot, so unless one is foolish, they don't stand to lose a lot. !

I regard LRL about the same as backing an outsider in the Derby. If it pays off it will be big time, but the odds are stacked against it. Still its fun, and I will tongue in cheek, be able to say' I told you so', if it comes good

Hi Ken, Looking at the photograph, I make it 19 protestors and 9 police in attendance . Hardly, as the press will record it, 'national concern over fracking' ;))

Its a strange company and to my mind they have internal tensions anjd knee jerk moves. I only have 2000 of their shares. I regard these more as a sort of lotto ticket. Fun that just may psy off

Oh course they have a market price right now. So 50 to 100% increase on the sp would shake the tree. Unless, of course, hopefully two giants decide they both want it, at the same time. I hope they will hang on, because, like you, I feel they have a golden future

Hi Ken, You brought me to take an interest in this company. The problem with AIM, as you already know, is that the sp can go up on the basis of a report in the Investment Times, or other such publication and then sink down between news. All in all, this company seems to have a good track record year on year, which makes it surprising that it is not higher, but personally I am confident that there is a much higher SP in the not too distant future for ALK. A sell off would have the effect of cutting off the BoD from their salaries, so I don't think they would voluntarily recommend it, so it would probably have to be a hostile bid. That, again, would be music to our ears ! :))

Yes, he used to plague RKH, and got a lot of back up. But, he did accurately predict that RKH would sink below £2 , was either luck or guesswork. I can't recall all of the names he has used back then, but there were several

Hi Kenstaff From their RNS t hey don't seem to know themselves what they have got yet . Have I missed some pointers (other than cash resources ) ?

Interesting observation, but I will opt 'optimistic', could be that their advances are solidly based and not the result of money games by the MMs. Says hopefully

Well I researched a bit after you pointed this one out in the iGas forum. I think you are right, so I have had a dabble. Don't feel bad if it goes down, I don't think it will, in any case it gives me a larger spread, over a wider area . Regards

Good point. I don't recall the exact figure but RKH own either 60, or is it 40% ? Of the DES part of Sea Lion. So they are not too bothered about DES at the moment. They will probably decided which way to jump in a couple of years, or so

If my memory serves me correctly RKH will drill two wells on DES territory. In return RKH gets 40% of DES- Sealion. In the event, they have a farm in already . But, DES must be very vulnerable to a take over by RKH/PMO

I think both of these are ripe for a buy out . If so they would probably represent the only real money to be made in FI's oil for several years to come

I agree with you and it is for this reason that I think the Des sp is going to move. They haven't the money to drill and develop the field. If they farm in/out then against the oil they have, so far, it would leave them with very little, to call their own, once it gets into production. The answer seems to sell off their chunk of Sea Lion and PMO/RKH must be in the best position to buy it. Then they can go on and explore their other leads in that block

I just have a feeling, not facts, about DES. Its just that I feel that this is a share to watch carefully

I think it is because DES are in a precarious financial state, but nevertheless have proven oil. If they get a farm out/in it will be a financial shot in the arm and should hike to price. If they do not do that, then borrowing does not seem an option, its got to be a sell off

Nothing technical, no inside knowledge, I just have a good feel about DES Pet

It does seem a bit strange. As I understand it RKH are going to develop DES's share of Sea Lion, for which DES will give them a hefty percentage. But another way of looklng at it is that DES do not have to pay the development costs, so the percentage of what they get is cost free to them. Seems a fairly profitable deal to me, or have I read it wrong ?

Yes I agree, she gives one the shivers (albeit she has been good looking in her time) . Even though they are wrong, its been so ingrained in the Argentine that they own the FIs, I doubt any politician could survive there, if they said differently. They would probably hang them for saying the FIs are not Argentinean. So its a cross the FI'anders are going to have to bear for, perhaps, hundreds of years, even though they are right