Rose Petroleum Share Discussion Threads

[judijudi] 19/10/2016 11:10

That we shall!!

[toolsmoker] 19/10/2016 10:03

You shall see

[judijudi] 19/10/2016 09:52

Ahh I see
It's now changed from the morning to the afternoon
Lol :)
Warevoh

[toolsmoker] 19/10/2016 09:15

Good make sure you are watching this arvo ?

[judijudi] 19/10/2016 08:32

I have all day

[toolsmoker] 19/10/2016 08:23

Wait a few more hours and you will see whos bang on

[judijudi] 19/10/2016 08:19

Absolutely bang on the money with your info!!

[toolsmoker] 18/10/2016 17:07

Big news in morning guys been told .hold onto your hats things looking up for rose

[pottermagic2310] 18/10/2016 16:20

I don't wonder anything at all about this or him... LOLs

[judijudi] 18/10/2016 13:01

I wonder how Matty is doing with his negotiations to turn us into a Cuban builders merchant?
I wonder how he intends to finance this shyte?

[judijudi] 30/9/2016 07:22

thinking,
Well it's not on the back of good management of a well funded company that's for sure!!
imho

[thinking] 29/9/2016 20:49

Is this rise on the back of the oil price?

[obmuj] 29/9/2016 13:19

AIM regulation (or lack of), NOMADS et al:

File on 4 - Little Brother's Big Secrets - BBC iPlayer (Radio) 8pm Tue 27th Sep.

Whilst ROSE is "not" the subject of this programme; nevertheless very interesting. I'll say no more. Tune in.

[judijudi] 22/9/2016 09:04

Woefully inept greedy
3 words spring instantly to mind!!
imho

[pottermagic2310] 22/9/2016 08:44

Total revenue for the six months ended 30 June 2016 of US$0.4 million
A net profit after tax of US$0.2 million
A reduction in administration costs of US$0.6 million in H1 2016.
Cash and cash equivalents at 30 June 2016 were US$1.7 million (30 June 2015: US$6.1 million) - where has the other $4.4million gone ??!!!!!

Oh, that would be...
1) Operating, development and administrative expenses -$1,957,000
2) Foreign currency translation differences on foreign operations -$3,448,000
3) Net (loss)/gain on hedge of net investment in foreign operations +$1,037,00

1 + 2 +3 = -$4.368million

What bothers me about point 2) is that we converted from £GBP to $US because the $ was supposedly much more reflective and better aligned with where Operations take place and where Costs are incurred yet in just 6 months we have massive "Foreign currency translation differences on foreign operations"... erm, that worked well then ??!!!!!!

But we do have Total Net Assets of $12.9 million

Looks like we're a few $million short of operating costs to survive another 6 months, unless there's another Fundraise or something else is Sold off.
More massive dilution beckons... I can see the share price plummeting back to 0.0007 imminently
:-(

[judijudi] 22/9/2016 07:10

Matty,
Has excelled himself with flowery guff this morning
Cash and cash equivalents at 30 June 2016 were US$1.7 million (30 June 2015: US$6.1 million).
Other than a confetti placing with monsterous dilution, or the slim chance of a White Knight, how do they intend to pursue and finance these ventures?
At lease there is still some left in the trough for wages
Aimho

[pottermagic2310] 19/9/2016 11:07

This "Business" is a failure... THE END !

[judijudi] 19/9/2016 09:14

Are we seeing a mini sell off prior to interims on Thursday?
Can't see any good news coming from them. In fact far from it
Hardly any funds left due to snouts in trough. Therefore probably a confetti dilution imminent, to re-fill the trough. Accompanied by yet more flowery worded guff from Matty and co, to warrant the said confetti dilution and trough re-filling!
All in my humble opinion

[jpuff] 18/9/2016 19:55

I am as well :))

[judijudi] 15/9/2016 18:07

Be very interesting to see what management costs are, against funds coming in, and how much money we have in the bank.
Won't it Matty??

[pottermagic2310] 15/9/2016 16:40

LOLs... we'll probably discover the BoD are felting Roofs in Cuba with the few Barrels of "Tar" they've found in the Jungle... LOLs

My Shares are worthless and I never expect them to be worth enough to cover the Dealer Fees, so my interest here now is only ever for a spot of fun

[judijudi] 15/9/2016 07:15

Next Thursday should be enlightening
Hey Matty??