Solo Oil Share Discussion Threads

[barony] 07/9/2016 08:18

Tiny drop for not much of a surprise. Cash seems to be coming in a bit slowly. Maybe we can use the revenue to borrow cash for the New drilling? We need some good solid news re HH for this to start climbing, but we should be in real positive territory with income, drilling and new resource/flow report at HH - in my ho.

[simon8] 07/9/2016 08:04

so it's down....negative reaction

[simon8] 07/9/2016 07:43

Not sure on that RNS.. so we are not taking the extra % therefore no immediate dilution.... is this good or bad....????????

They want to concentrate on the appraisal drilling, makes sense perhaps to cut your cloth but do we understand if we can actually fund our share of that drilling or are we still in the position where we don't know and we may be diluted anyway to fund this?

How will the market react, I guess 8am and the bell will give that answer.... not sure if it will be up or down..... given our luck probably negative!

[doerx2] 06/9/2016 19:19

You would think NR would want to be known as an exceptional C.E.O but that is how corrupt it all is!

[simon8] 06/9/2016 15:24

It's called no certainty on how the next tranche will be financed, yep, the NR effect...this really isn't going anywhere until NR tells us what he is doing i.e. how far he wants us PI's to bend over!

[doerx2] 06/9/2016 14:32

It's called the NR effect.

[c31161] 06/9/2016 12:58

All the HH partner flying apart from solo

[1bonanza] 06/9/2016 11:25

UKOG soaring, this should start to react soon enough.

[barony] 05/9/2016 20:56

Borrow on the strength of having an income to pay off the loan.

[m0rrisminor] 05/9/2016 18:52

The reason we have not had a up date is because NJ has gone fly fishing With pj Hartley , then it's a pheasant shoot in late September. So please we are only personal investors and are considered as oinks.

[edgar222] 05/9/2016 14:38

How can you not be diluted and (a) buy more of KN1 and/or (b) drill your share of Ruvuma?

[doerx2] 02/9/2016 00:59

If we get diluted anymore Ritson needs to go. He's totally played with pi's monies and decimated the sp:)

[c31161] 01/9/2016 15:18

Aex up 10% we might be in for a bit of news

[c31161] 01/9/2016 15:17

AEX flying, will we follow? Because if we do it will take us above the .3p level and the mms are trying their best to keep us below that level

[barony] 01/9/2016 15:09

When will we see drill results and more income?

[doerx2] 29/8/2016 16:53

NR=TW

hxxps://sharetipstersuncovered.wordpress.com/2015/01/06/rivington-street-holdings-bedroom-fantasy-to-corporate-catastrophe/

[chrisc168] 26/8/2016 11:08

Come on solo, I need 1.8p to break even.

[dlewis1] 26/8/2016 08:31

Simon8 I don't comment on what I think of other people's post but I have to make an exception and say I totally agree with what you are saying. Until that piece of the finance puzzle is put together I remain sceptical and my only guess is share dilution. If dilution the question is at what price? I've been in here since 2013 at a price of 0.23 and bought more much higher up the ladder.

[cpap man] 26/8/2016 06:30

Wentworth / WRL....is a BUY recommendation in todays INVESTORS CHRONICLE. The IC says that WRL will be debt free by the end of next year due to its income flow. The IC also says that WRL is trading at a 2/3 discount to NAV.

[c31161] 25/8/2016 14:51

I have spoke to NR many times over the years( he no loner speaks to me, my fault) and I can say he is a very honest and honourable man and knows his job inside out, when ever he has diluted he had had no other choice, I can't see there being anymore dilution and I think the next news will be a farm in partner.

[simon8] 25/8/2016 14:43

C31161 - I do hope this goes up in a sustained and supportable manner (not on a spike so I can get out - my profile is a long term investor)and we all can cheer our investments; but, the simple fact of the matter is until the elephant in the room is outed this is going to be continually held back - the elephant being how is NR going to fund the additional %... everyone knows he has an appalling track record.

We do need to know this especially if his plan is yet again just in time dilution

Guessing I'll get stick for a contrary view and trying to be realistic rather than making wild predictions of this time next week we'll be at 5p.........

[c31161] 25/8/2016 14:05

They don't want this to finish over 0.3p once it does we are away