Member Info for wraith

Yes, oil looking strong,....was annoyed with the placing being dropped on us, when I was expecting a wressle update & reduced our EOG shareholding, still kept a six figure EOG shareholding though, as agree on Market Cap comment,....put some back into one of our gold shareholdings, as went light in gold sector, second half of last year.

BW

My Buy,...48,000 HUM shares, at s/p@21.19p,..time 08:15:49.... ;0).

BW

No thanks, to a bid of s/p@28p to 30p,...s/p@28p, that's only about a couple of pence, above my present HUM Gross average s/p level,.....still building a position here myself,....got 60% of my HUM target shareholding so far, not building it to see it given away for chump change,....that early doors 48,000 recorded sell (s/p@21.19p) yesterday, was a buy.

BW

Yep, once we get sea lion away, Tony did say in an interview I saw awhile back, something along the lines, sea lion is on the shelf ready to go,....with the way the oil price is going, sea lion is looking good to go now, (IMO).

Tune: https://youtu.be/P8JrirBz9Pg

BW

The most recent guidance that I have seen, dated 24 December 2020 ( https://otp.tools.investis.com/clients/uk/rockhopperexploration2/rns/regulatory-story.aspx?cid=441&newsid=1440137 ), leaves myself with the view, that a final outcome, is not to far off now (months, rather than years),.....at my age (73), the months fly by, far to quickly,....now I have a reasonable RKH shareholding bought back, happy to sit back & await our fate, as far as an award is concerned,....after all, that's why I stared buying back into RKH, in the second half of last year, in the first place.

I always intended, to look at buying back into RKH & BOR in 2021,....the Arbitration, is what triggered me to start buying RKH earlier (in late 2020),........the share price decimation, that the oil price war & Covid-19 caused in the sector, is why I also bought back into BOR, earlier (late 2020), than I had originally anticipated, & reinforced my decision, to buy back into RKH.

BW

Reduced our exposure to Barryroe on Monday, by selling the remaining 30% of our PVR shareholding & retaining all of our smaller (Funds Invested) LOGP shareholding,....taking almost, all of our seed capital invested across the two (PVR & LOGP), of the table.
Tune: https://youtu.be/WyF8RHM1OCg

BW

When I bought my first RKH tranche at 08:43 ( https://www.aquis.eu/aquis-stock-exchange/for-investors/trades?securityidaqse=RKH.GB ) of 20,000 RKH shares, there were only 2,000 RKH shares on the offer, but a large amount on the Bid, Henrygroucho,....I had to pay a premium (s/p@9.74p) to get them, the two tranches I bought later in the day, I got cheaper (s/p@9.5p), bought directly into two ISA's,....now hold 80% of the RKH in two ISA's, so will have 20% to bed & ISA at some point,....holding all of our BOR shareholdings in two ISA's,...so I have very sticky hands.

BW

BW

First bought into PRD, when they announced cornering the CO2 market in Trinidad,....if I had not been in CERP, I would never have found PRD,....there were not many of us here back then,....those of us early birds that are still here, have seen the CO2 EOR operation, justify that early investment,....Morocco is a very nice bonus to look forwards to, for myself,...I was also aware of our position close to Corrib, at the that time of buying in,.....I top sliced long ago,.....so have very sticky hands, all of our PRD shares (six figure shareholding) are tucked up in two ISA's, & that's where they are staying, indefinitely.

BW

I cannot remember ever holding PMO (I may have done, a long time ago), longtermthinker,....I have held RKH, DES, FOGL, ARG, FKL (I believe it changed its ticker to FIH), & BOR in the past,....so I know all of the acreages well,....RKH is sitting on a lot of it now,...at present I am holding RKH (six figure shareholding) along with BOR (large six figure shareholding),....always thought FOGL should have drilled "Scharnhorst", which is thought to be in the oil window, according to the 2D seismic data that FOGL did ( https://en.mercopress.com/2013/06/06/falklands-oil-company-completes-second-3d-survey-over-its-southern-licenses ),....... "Scharnhorst" sits across the old FOGL acreage & BOR acreage, the FOGL acreage is now part of RKH, then of course RKH have the old DES acreage also,....once sea lion is away, that's just the start, (IMO).

BW

Agree longtermthinker,....I initially bought back in last year, for the Arbitration result,....since then Chrysaor have come on the scene ( https://www.proactiveinvestors.co.uk/companies/news/936684/premier-oil-schedules-merger-vote-and-plans-name-change-to-harbour-energy-936684.html ),....oil price looking strong,...I'm getting greedy here at RKH & that's not like me,....started the day by increasing our RKH shareholdings by 40%, could not resist increasing further, resulting in 100% increase by the end of trading day (taking us to a six figure RKH shareholding), & I'm still hungry for more RKH shares.

BW

I also remember you rpoodle,....bought RKH shareholdings back, the second half of last year myself,....increased our RKH shareholding today by 40%, as I also noted the article that Mogger posted (reference to Italian government lawyer),....I wish you good fortune, with your investment choices.

BW

Not the update I was looking for,....adjusted our exposure to Barryroe, across the two shareholdings (PVR & LOGP), selling the remaining 30% of PVR shareholding, taking almost all of our seed capital off the table (leaving £193-80p of our seed capital on table), which leaves our six figure LOGP shareholding on the table, for retained exposure to the potential upside in Barryroe, on a positive outcome with Barryroe Farm-Out.

BW

The reason I don't like using the filter, like to see what posters are saying about my investments,....positive & negative views,....I assume the poster is either a shorter (something I have never done), or has lost money on PVR & LOGP,.....anyway, lets hope we get a positive update soon.

BW

Yes, the poster (TheShen) seems fixated on the risk side of the equation, bucklerfern,....I did try to point out on the LOGP board, that this can be structured for, within the investment structure that one uses, leaving exposure the reward side of the equation, (with very very little seed capital at risk),...I have not filtered the poster.

BW

As this article (Dated 11 Jun 2020) informs, "Both Edge and Inishkea are viewed as being drill-ready";-
https://www.proactiveinvestors.co.uk/companies/news/921662/europa-oil--gas-acquires-edge-gas-exploration-project-offshore-ireland-921662.html

BW

Hi, cloves,...you're welcome.

BW

Thanks for the link, Mogger.
https://www.fig.gov.fk/assembly/executive-council/papers/category/486-03-24-february-2021

BW

For clarity, cloves,...we hold our EOG shareholdings, in our two ISA's, as opposed to our joint trading account, because on any Farm-Out news regarding Inishkea & Edge, we would expect a substantial re-rate from current s/p levels.

BW

Welcome aboard cloves,....yes, that is my understanding, existing licences will be honoured, gas to be used to whilst switching over.
FEL 4/19 in the Slyne basin and near the Corrib gas field ( https://www.europaoil.com/operations/ireland/exploration/FEL4-19.aspx ) along with Edge ( https://www.europaoil.com/operations/ireland/exploration/FEL3-19.aspx ), is the only reason we hold EOG shareholdings, in our two ISA's.

BW

I hope so, ROCKLAWN,....whenever the update drops, let hope its positive,....on positive news, the upside here is Huge, (IMO).

BW