Share Name Share Symbol Market Type Share ISIN Share Description
Rose Petrol. LSE:ROSE London Ordinary Share GB00B013M672 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.0075p +7.14% 0.1125p 0.11p 0.115p 0.145p 0.105p 0.105p 481,422,824 15:54:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.9 -1.3 -0.0 - 4.24

Rose Petrol. Share Discussion Threads

Showing 9776 to 9798 of 9800 messages
Chat Pages: 392  391  390  389  388  387  386  385  384  383  382  381  Older
DateSubjectAuthorDiscuss
24/7/2017
19:27
Interesting post from lse poster batgirl take note chaps Strong BUY PRIMValuation of HH onlyHi all, been valuing HH which we own 6.5% of the oil. Valuation short term using the last flow rate test and longer term using the full field size of 10 billion barrels of oil. We await the Surrey council meeting August or September for agreement (hopefully) that we can do long term flow testing for up to 9 months so will give us some more oil to sell for funding. This is just valuing the oil side of PRIM not Fresho or the gold mine + other investments made by this board. Flow test at HH is 1688 barrels a day for upper/lower Kimmeridge and Portland. At £30.77 a barrel for 365 days this is £18,958,012 yearly. (using 40 dollars a barrel). Only 6.5% of this is ours so £1,232,271 yearly. Multiply by a Pe ratio of 8 is £9,858,166 as our mcap. Divide by the number of shares in issue which is 1,601,882,500 gives a value price for each share of 0.61 pence. (When I carried out the same calculations on UKOG and their 32% share here I get a value of 1.39p a share. They are currently approx 5.1p a share which I can only attribute to high expectations pre BB flow test results and the numerous other wells they have at various sites and stages of life cycle, some of which are already in production phase). PRIM has been slower than UKOG to re-rate as we're not an oil company took people longer to catch on. On a long term basis the licence oil fields PEDL 137 and PEDL 246 have an oil in place estimate of 9.97 - 10.99 billion barrels of oil. After last UKOG RNS looks like this may be upgraded at sometime too as weald more promising than we thought. We await log from BB-1 RNS to see more indication if oil in ground gets upgraded for all weald oilers. So if I take a field size of 55 square miles as is the case here and with 10 billion barrels of oil in place. Then 5% approx recoverable is 500 million barrels extracted over 20 years by drilling more wells like we are asking for planning permission to do, gives 25 million barrels a year. At £30.77 a barrel is £769,250,000 a year with 6.5% being ours which is £50,001,250 a year. Times this by a Pe ratio of 8 to value us this gives an mcap of £400,010,000 Shares in issue is 1,601,882,500 so long term a share is worth 24.9p each. Ultimately what you decide to value a share at is up to you, decide your own pe ratio to use and oil price...this valuation is fairly conservative, HH probably will get an oil in place upgrade and a different rate on long term flow test, but IMO the shares are definitely undervalued on mcap at the moment. GLA.
dudleym1975
24/7/2017
14:55
Prim very under here and bargain prices at 0.35 with upside of over 1pGet ya profits into PRIMGet ya profits into PRIMI said this before we shot up So say it again
dudleym1975
24/7/2017
14:45
You havn't answered my question
judijudi
24/7/2017
14:41
Judi then why are you here?
aimmafia
24/7/2017
13:23
I'm happy for you But my issue is this. Even if the results of the seismic are excellent, surely these results are all but worthless without a white knight, a huge loan or massive dilution?
judijudi
24/7/2017
12:28
Looks like it's going to be a diet of methylated spirits for a good few days then Judi & co :-) My million at 10p is looking very handsome now.
yesyesno
24/7/2017
12:11
"Matthew Idiens, CEO, commented: "Following the exhaustive permitting process we are delighted to have received this approval from the BLM which is a pivotal moment for the Company." www.investegate.co.uk/rose-petroleum-plc--rose-/rns/approval-for-paradox-basin-seismic-survey/201707241147328958L/
wolfcub
24/7/2017
12:02
Hands up. Who's getting spiked
aimmafia
24/7/2017
10:15
Sorry not the full pence,a typo mistake.00.0013p edit, loads of buys as sells so far..mm's again playing us..gla
abergele
24/7/2017
10:13
For the record,,TDW have been selling us at 1.32 and now 1.3p
abergele
24/7/2017
10:12
I half thought that,never so easy at ROSE eh...one day Rodders.. aye still bought a load here at higher than these levels from a distant past I'm afraid..so will have to wait...I have worn the prayer mat out .haaahaa
abergele
24/7/2017
10:10
Oh dear looks like it's going to be a bad day for the cider drinkers on here.
yesyesno
24/7/2017
10:08
aber, Nice to hear from you Even if the seismic is fantastic we need a partner. We only have enough funds for the seismic and management salaries for a while yet. So we have no money to go it alone Without a partner any seismic is worthless bwtfdik
judijudi
24/7/2017
10:03
Morning JJ, are we going to get our money out and more I wonder??..gl mate
abergele
24/7/2017
10:00
htTps://eplanning.blm.gov/epl-front-office/eplanning/planAndProjectSite.do?methodName=renderDefaultPlanOrProjectSite&;projectId=51693&;dctmId=0b0003e8808d57b1
market master
24/7/2017
09:42
Lets hope so jud Bit of interest this morning
judijudi
23/7/2017
20:31
Permit has landed apparently let's see if we get an Rns in the morning.
judkay
19/7/2017
08:26
Did he forget to post or sign the new permit application?? Understandable really as he and his management team have so many different share holder enhancing deals commencing soon and so much to manage and deal with!! imho
judijudi
06/7/2017
11:33
What a badly run crock of shyte!! imho
judijudi
04/7/2017
08:00
Hi Astor, I sure did But have been buying back since we got wind of the new projects
judijudi
04/7/2017
07:43
Hi Judi , I have trouble looking at the EME sp, because it hurts to much having offloaded 2 million at 3.5p, having held them for 3 years. I need to know others are hurting, it will help ease the pain, did u offload yours?
astorcourt
04/7/2017
07:23
At least that's one less salary to pay out of the trough
judijudi
01/7/2017
09:36
Yes The 3 and 5 year graph shows exactly what a grand job they are doing by way of enhancing share holder value :(
judijudi
Chat Pages: 392  391  390  389  388  387  386  385  384  383  382  381  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:41 V: D:20170725 04:56:41