Rose Petroleum Share Discussion Threads

[judijudi] 01/8/2017 07:06

Oh dear :(

[judijudi] 28/7/2017 07:58

Potts,
About sums it up
I reckon

[ny boy] 27/7/2017 15:12

Better off in PREM I reckon, its at an interesting juncture and debt free

[pottermagic2310] 27/7/2017 12:10

It's all a sham, let's face it.
People paying themselves, endlessly drawing down on Investors' investments, to table ideas of endlessly new Business opportunities that involve almost nobody going to far-flung places (maybe?) to explore a few things that eventually amount to absolutely nothing... except expenditure.

Money in from Investors = money out to BoD and cohorts

[judijudi] 27/7/2017 08:58

AimMafia,
Hows your 1 million buy looking now?

Can you attempt to answer my question?
Happy for anybody else to tell me where I'm wrong

Even if the results of the seismic are excellent (far from certain) then surely these results are all but worthless without a white knight, a huge loan (probably involving massive dilution) or go it alone with massive massive dilution (so massive as to be unworkeable)

[judijudi] 26/7/2017 08:57

Waiting patiently

[judijudi] 25/7/2017 13:12

Still waiting for this question to be answered sensibly

Even if the results of the seismic are excellent (far from certain) then surely these results are all but worthless without a white knight, a huge loan or massive dilution?

[abergele] 25/7/2017 09:46

bid on the 11 mark now after the rise..gla

[judijudi] 25/7/2017 09:29

AimMafia,
Yes of course you did

[judijudi] 25/7/2017 09:28

Good luck aber mate

[abergele] 25/7/2017 09:24

Sells approx. 13 million against 8750000 buys approx..
tdw are at 10.8 on the bid.gla lth's

[aimmafia] 25/7/2017 09:22

Yes I sold yesterday between 13.2 and 14.Made a small profit.

[abergele] 25/7/2017 09:16

Morning JJ,
blues are mixed yet again I see..
tdw sells are at 10.62..so unfortunately we have to pick through the mire of deceit once more,,,they (mm's)never want you to see things as they are off the cuff.

Beats me when they drop the selling price they incorporate another half a point ,in micro terms when they could find room for a 10.5 arena on the bid.

tdw just gone from 10.62 to 10.77 on the bid

[judijudi] 25/7/2017 08:52

AimMafia I sold on the spike. Made profit


AimMafia - 19 Apr 2017 - 13:04:13 - 6939 of 7100 ROSE, 1.45bn barrels of oil, more than enough - ROSE
I bought 19 million between 0.13 and 0.152 - I look forward to cashing in big time


Best price you could get yesterday to sell was around 0.14p

[pottermagic2310] 25/7/2017 08:48

BOOM !!!... went the latest Balloon full of hot-air !! LOLs
So some bloke's gonna stroll around the wastelands of UTAH with a gadgety thing then produce some digital images and eventually ROSE will say "Sorry, nothing of value to see here"

Hate this Business, hate I was suckered in yonks ago and can't actually afford to sell... literally... would be paying the Brokers !!!!

[aimmafia] 25/7/2017 08:44

I sold yesterday on the spike. I madeProfit. I'll buy back in the 9's

[aimmafia] 25/7/2017 08:43

Lol!! Back where it started

[judijudi] 25/7/2017 08:42

YESYESNO24 Jul '17 - 12:28 - 7090 of 7095 0 1
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.

Err no its not

[dudleym1975] 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

[judijudi] 24/7/2017 14:45

You havn't answered my question

[aimmafia] 24/7/2017 14:41

Judi then why are you here?

[judijudi] 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?

[yesyesno] 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.