88 Energy Share Discussion Threads

[rpt_regal_petroleum_buy_now] 18/7/2018 08:49

RPT (Regal Petroleum) - Very much undervalued.

40 million USD cash in the bank
3100 boepd production
VAS 10 flow testing underway - could be another gusher
Just worked over another well and added around 1200 boepd
2 Great drilling updates last 2 weeks
84% of shares in institutional hands. Free float under significant pressure.
Significantly improving outlook in Ukraine for politics and gas and oil prices following new legislation.
40p short term price target based on fundamentals
Share prohets strong buy

hxxps://www.shareprophets.com/views/36976/regal-petroleum-continues-to-perform-strongly-operationally-buy

Company is very much on the turnaround, get in before the herd.

[ride daice] 18/7/2018 08:27

Isn't the filter wonderful ?

[ken chung] 18/7/2018 08:23

Another little bubble developing this morning before the inevitable drop below 1p.Do lemming pi's never learn?

[ken chung] 18/7/2018 07:53

It's a fine short.No hope of any drilling this year and a high probability of failure all over again.

[ken chung] 18/7/2018 07:44

0.5p coming.

[coolheat] 17/7/2018 16:38

This always bounces though.

[rossowheels] 17/7/2018 16:29

Basically they would find it very difficult to raise money without collateral and the state of Alaska is blue chip and therefore unlikely to go bust.

[ride daice] 17/7/2018 12:38

The debt of course being covered by the receivables from State of AK.

[hpcg] 17/7/2018 10:05

It is basically worth cash, which I estimate at 20mm AUD? It is a bit difficult to tell as they raise money, spend it, and have a debt pile. So its worth maybe a 1/6 of current market cap, or 1/3 if one wants to be generous with an option on some future success.

[ken chung] 17/7/2018 08:18

Sub 1p coming.

[rpt_regal_petroleum_buy_now] 16/7/2018 11:03

RPT (Regal Petroleum) - Very much undervalued.

40 million USD cash in the bank
3100 boepd production
VAS 10 about to be hooked up further boosting the above
2 Great drilling updates last 2 weeks
84% of shares in institutional hands. Free float under significant pressure.
Significantly improving outlook in Ukraine for politics and gas and oil prices following new legislation.
40p short term price target based on fundamentals
Share prohets strong buy

hxxps://www.shareprophets.com/views/36976/regal-petroleum-continues-to-perform-strongly-operationally-buy

Company is very much on the turnaround, get in before the herd.

[spooks4] 16/7/2018 00:02

Mr Cheung is a H2O mentalist.

The points you raise are entirely relevant.

I am not a day trader so not following spikes. I suspect the chartist guys can help there.

Suspended is not the same as Shut in or plugged and abandoned. Suspended at this stage suggest that negotiations are on going. This may lead to farm out, or Shut in, or P & A.

IW2 is on the gravel pad which can operate 365 days a year. A partner who will fund the monthly heating budget can operate in the winter. No partner means same time next year.

To invest, hold, or sell is the choice of those with the money As opposed to Chung who is without.

[gann72] 15/7/2018 21:38

You can call Mr Cheung a mentalist but some questions come to mind. Where is a spike in the share price going to come from anytime soon? For one they have suspended operations. Then the Alaskan winter will come round again. Even if they find a partner, when will they resume the drill? I am a shareholder but I'm not hopeful of a return this year and I'm divesting in other areas.

[panda chops] 15/7/2018 17:41

#125

probably

[bulltradept] 15/7/2018 16:57

I know someone who knows someone who has £100,000 invested @ 1.88p from before the spike up to 4p, and hasn't sold a share, do we think he is silly....

[spooks4] 14/7/2018 10:34

Not just holding, adding more to the success this will be whist failures like you comment on BB that they are not invested in. Not just a failure but one with mental health issues I would think.

You posting on a BB is not therapy, you need some serious professional help.

[ken chung] 14/7/2018 08:54

You are the lemming holding this failure.

[spooks4] 13/7/2018 01:27

Ken chung,

One day you will wake up and realise that day release from the the mental health check requirements does not constitute a cure. You have water on and in where the brain should be.

[ken chung] 12/7/2018 19:13

People seem to be waking up to the reality of what a failure this is.

[ken chung] 12/7/2018 15:48

Falling again.

[investor_2] 12/7/2018 11:47

Chungy give it a rest. All we hear from you is .5 and water - very limited vocabulary.

[neversatisfied] 12/7/2018 10:39

Another educated post from Ken chump