Rockrose Energy Share Discussion Threads

[dragon35] 25/3/2020 20:22

I think Saudi and Russia will use Coronavirus as their reason for finding a truce. Nobody loses face that way. Then all parties will choke back supply to balance demand. That is my hope anyway!

[ammu12] 25/3/2020 20:15

Don't think he would as pompous and mbs just had a teleconference.

[costax1654x] 25/3/2020 19:56

I am not deramping,don't get my wrong,I just want to see MBS next moves !

[jason_scrap] 25/3/2020 08:35

I wouldn't completely dismiss costax mind... the Saudi situation will seriously effect the oil price. I'm avoiding adding again until next week... let's see what he says. GLA

[danawinner] 25/3/2020 07:38

Good morning costax looks like you have missed the boat to get in at a cheap price.You can de ramp all day long but it does not change the fact that each share has £20 of cash behind it and and 20,000 barrels of oil per day production at a profit.With a fair wind we should rise 50p today if not more.Have a nice day.

[costax1654x] 25/3/2020 07:32

All depends on the Saudi Prince!If oil goes below 20$!

[tomg23] 24/3/2020 20:51

Give us a shout when you pick some up at 250. Would be Christmas come early

[showmethemoneyhoney01] 24/3/2020 14:04

Accepted but it has not been posted. Just came across it myself.

[newkotb1] 24/3/2020 13:48

That story was reported 5 days ago.

[newkotb1] 24/3/2020 13:48

That story was reported 5 days ago

[showmethemoneyhoney01] 24/3/2020 13:39

Crew members on installations operated by BP, Shell and RockRose Energy were either in isolation or being flown home today.
A source said 11 people had been quarantined on RockRose’s Brae Alpha platform.
RockRose said it was “taking all the necessary precautions” to protect its staff.

[fuji99] 24/3/2020 07:55

The same announcement was also released by FeverTree and probably many others: " FCA letter re Temporary Moratorium on Release of Preliminary Results
The FCA issued guidance on 21 March 2020 requesting public companies to delay the announcement of Preliminary Results for at least two weeks, due to the challenges caused by the Coronavirus crisis. Consequently, while Fever-Tree intended to announce its Preliminary Results for the year ended 31 December 2019 on 24 March 2020, the Group will follow the FCA's request and confirms that it will defer the publication of its results.2

[danawinner] 23/3/2020 16:02

Announcement of preliminary accounts technical q and ahttps://www.fca.org.uk/markets/announcement-preliminary-accounts-technical-qa-firms As you will see this is voluntary and does not apply to final report and accounts see bottom paragraph.

[jason_scrap] 23/3/2020 10:05

God help those on board... Thoughts with the families

[spawny100] 23/3/2020 10:03

Yes I read that too Jason. It was one of my worst fears with RRE.

[jason_scrap] 23/3/2020 10:00

Not one to be negative, especially here as RRE is in relatively good shape but came across this article and I thought best to share it... this is what could be leading the price down as well as declining oilhttps://www.energyvoice.com/oilandgas/north-sea/229807/multiple-suspected-coronavirus-cases-on-brae-alpha/

[spawny100] 23/3/2020 08:25

Can sell plenty at the moment but can't buy any at all through iweb.

[charlesjames1] 23/3/2020 08:22

I have £10k waiting and I wont be buying any unless its in the £4's. Hopefully it wont get there but this is a rout.

[jungmana] 23/3/2020 08:20

I agree. In a weeks time imo and may see 400p here

[divmad] 23/3/2020 08:13

Perhaps it's better to wait for the US to enter a total lock down first.

[fuji99] 23/3/2020 08:11

Perhaps a good opportunity to enter for those not in yet.

[thedudie] 23/3/2020 07:03

23 March 2020
FOR IMMEDIATE RELEASE 23 March, 2020
ROCKROSE ENERGY PLC
("RockRose")

FCA Moratorium on the Publication of All Company Preliminary Financial Statements
RockRose Energy is today announcing a delay to the publication of its 2019 Annual Report and Financial Statements, which were planned to be released on 26th March 2020.

The FCA has requested that all listed companies observe a moratorium on the publication of preliminary financial statements for at least two weeks from today's date. The FCA statement can be viewed at
RockRose Energy will be observing this moratorium.

Further information on a revised timetable for publication of our 2019 Annual Report and Financial Statements will follow when further guidance from the FCA and other regulatory authorities is available.

[dragon35] 21/3/2020 20:58

You could look at the rns and prospectus as that might help answer some of your questions. If you think RRE is a good short position sub £7 then crack on, but I think it's biased to the longs now at this price. Time will tell I guess. They are cashflow positive sub $30 oil and have cash to survive a good few years yet.