Rockrose Energy Share Discussion Threads

[showmethemoneyhoney01] 09/3/2020 07:42

Not even a months' worth

[fardels bear] 09/3/2020 07:38

Yes but at 20,000 bops production, how long did 450,000 barrels take to produce?

[costax1654x] 09/3/2020 07:25

Oil down 26% wtf?

[bigalan3] 09/3/2020 06:47

The first 450,000 boe in 2020 is hedged at about 67$.

[volsung] 09/3/2020 06:21

If I have any cash left by then pp

[purplepelmets] 09/3/2020 04:46

You go 1st Volsung!

[volsung] 09/3/2020 04:45

700p might be a good place to try a trade. Tight stop though

[swanvesta] 09/3/2020 00:32

If only we had a few Bonds. Everyone's scrambling for bonds.

[swanvesta] 09/3/2020 00:28

Yes, most people recover, but the cases overall are most probably under-reported anyway. Look at the numbers from Italy - 133 dead today, which is on a par with the worst days of the Chinese epidemic. That's equivalent to 48,000 a year, from a limited area of the country. And it's not slowing down.

[fardels bear] 09/3/2020 00:06

Don't forget though that the bloody media is still quoting infection figures gross - without adjusting them downwards for people infected who have RECOVERED!

[fardels bear] 09/3/2020 00:05

Which we are not going to do. Anybody get the feeling that we are watching a Bond movie where for the first time SPECTRE got the better of him?

[itsnotmeitsy0u] 08/3/2020 23:26

no more like 5 imo

[ammu12] 08/3/2020 22:31

8 tomorrow

[shafaq] 08/3/2020 22:15

Wow!!Oil plunging -30% to $31

[spawny100] 07/3/2020 23:50

I suspect there's an ulterior motive going on here and that is to expose the Net Zero 2050 concept as being utterly foolish. If oil prices drop to say $30 then offshore wind and solar farms etc will start to look stupidly expensive and governments will row back on their commitments to cutting carbon. There's a battleground going on here. US shale is massively indebted; renewables are massively taxpayer subsidised. Therefore there is a clear win for sensible O&G companies with low debt to clean up pending any real viable alternative to run the global economy.

[costax1654x] 07/3/2020 23:32

Apparently Saudis planning to pump 12.5 mil bopd per day!Not good

[gooner1886] 07/3/2020 19:24

Think its a case in here of buying at these lows , sticking them away in the bottom draw have a look in 9/10 months and smile :-)

[paleje] 07/3/2020 19:12

Bobby it will probably fall on deaf ears but nicely summed up nonetheless, thanks. I added last week and will add in the weeks to come if it drops more, cash at a discount with an oil Co thrown in.

[spawny100] 07/3/2020 18:31

Good post Bobby thank you. You've almost persuaded me to buy mine back.

[lukead] 07/3/2020 18:26

you will be telling us next that you sold everything and not in anything which hasnt gone down lol

[fardels bear] 07/3/2020 16:58

Well I don't know about that. I sold most of mine at 1830, as I announced at the time. If I bought them all back at close last Friday I'd have had £29,000 to spare to go towards some other bargains. As it happens I didn't buy them back as the media hysteria hasn't finished yet. Like I keep saying, in order to die of coronavirus you've first got to catch it, and it's not that infectious.