Rockrose Energy Share Discussion Threads

[basem1] 02/1/2019 14:38

Sorry guys everything's a bit cloudy ref different oil fields. I thought production was ramping up to 17,000 bopd soon, in this mornings statement they say they expect between 10-12000 bopd this year.

[basem1] 02/1/2019 12:29

Edit...Monday top up. I keep thinking it's Monday today.

[basem1] 02/1/2019 11:47

More of a bottom fisher myself. Yorkshire value !! Topped up on Friday at 538

[5chipper] 02/1/2019 11:20

Most would forfeit the first 10% of a rise for a bit more certainty.

Seem to remember £4 Being mentioned here over last couple of weeks

[basem1] 02/1/2019 11:17

The markets never fail to amaze, Where the hell were all these buyers the last couple of weeks, nothings changed ? Rather than paying £6 they could have been in 60-70p lower.

[lord gnome] 02/1/2019 10:42

A special dividend of £1 per share, perhaps. A bit fanciful, but certainly affordable.

[homebrewruss] 02/1/2019 10:38

If it's a tender that would take AA over 30% (unless he sells some) so that seems the least likely option.

Acquisition perhaps favourite but I wouldn't mind a juicy divi either.

[mad foetus] 02/1/2019 10:12

I think either an acquisition, tender or dividend are inevitable at this level.

[2prsimo] 02/1/2019 10:07

Still can't believe it's under six quid after that update

[costax1654x] 02/1/2019 09:41

Money printing machine here!

[basem1] 02/1/2019 08:15

The management are very proactive in looking after the shareprice. When do we start producing 17000 bopd ?

[2prsimo] 02/1/2019 08:00

Must be the cheapest oil and gas company on the market at present

[marvelman] 02/1/2019 07:58

Certainly has no reason to be less value than today but a great deal of reason to be holding for the embedded value and its acquisitive potential (both ways)

[costax1654x] 02/1/2019 07:53

So ...is just a matter of time...end of 2019 we will be double mcap based on cash only!!

[dunderheed] 02/1/2019 07:41

Mm yes quite correct but thought I'd at least mention lol!!

[costax1654x] 02/1/2019 07:40

Pounds...70.000.000 dollars about 50 something in pounds

[2prsimo] 02/1/2019 07:40

Silly cheap

[marvelman] 02/1/2019 07:39

...not much difference these days DH...:-))

[dunderheed] 02/1/2019 07:36

The 54 million is dollars.

[costax1654x] 02/1/2019 07:33

54.000.000£ cash in bank without decommissioning...and mcap only 67.000.000 ..11000 barrels per day!!!

[costax1654x] 31/12/2018 15:46

Happy new year!

[costax1654x] 31/12/2018 08:21

We might end 2019 with 20000 barrels per day!Hoping for a price of 2000+ at the end of next year!Happy new yr fellow investors

[basem1] 26/12/2018 21:07

Yes, we are probably about $2 higher than when London closed on Monday at $53.50 ish. It was looking scary again at $50 Monday evening.

[podgyted] 26/12/2018 18:56

If its assumed RRE has gone down on the POO factor, I presume since this is up 6%+ there will be a rebound tomorrow.

Longer term there currently seems to be a disconnect between the physical and trading economics of oil which I think will unravel in Q1 driving the POO even higher along with many other commodities.

Will be interesting to see how this pans out.

[basem1] 26/12/2018 17:20

Bloody pleased to see oil bounce this afternoon.