Rose Petroleum Share Discussion Threads

[cheeky13] 29/1/2018 15:44

final top up from me.

[gazza102] 29/1/2018 15:42

Good ole days!!! When was that exactly? One failure after another here. This we be no different. Its to keep them all in a job and pay their stupid high salaries which the do not deserve for doing very little

[obmuj] 29/1/2018 15:33

Well I have piled back in and we shall see.
I liked the ProActive Investor interview today for one reason anyway - the FD spoke and not Idiens.
He also confirmed what I believe may transform this share back to the good ole days.
Yes, still risky but frankly I sold my over 90% loss balance in SEY (going nowhere at all very fast) as this, at least, has a better chance of moving up with news where SEY was just stuck in the mud.
Time will tell but if the NAPE conference goes well (next week) this could well add a penny or two.
I don't think I would have risked it if not for my strategy of off-loading SEY as mentioned but with a bit of gut-feeling too I really think this could double in the short/medium term and by end of year ("IF" all goes to plan) become a ten bagger.
See you in a few months to see if I was right. fingers crossed.

[judijudi] 29/1/2018 10:47

Exactly as I thought
What happens now if they do not find an investor?

And Cuba?

[gazza102] 29/1/2018 07:23

Rinse and repeat. Been here before and we all know how it ends

[ant15] 29/1/2018 07:15

SPOT ON ROSE!!

[pottermagic2310] 27/1/2018 20:54

Let's suppose a significant % of the previous estimates are confirmed and accessibility is also confirmed.... what valuation would you actually then put on this Business ?... theoretically speaking, conservatively ?....

15p
25p
95p
150p
500p
950p

???????????????????

[cheeky13] 19/1/2018 13:42

greg. got both.

[ant15] 19/1/2018 10:55

Sorry but it IS the start of the 8th week next week as I said previously and I am looking forward to Great News!!!

[vatnabrekk] 19/1/2018 08:48

Actually the 8th week is up on 5th February.

[ant15] 19/1/2018 08:25

8th week next week PM Looking forward to great news!

[pottermagic2310] 16/1/2018 15:10

Don't apologies to me if you find you've lost a load of money gambling on this so naively, refusing to appreciate this Business's long-standing form

[ant15] 16/1/2018 00:36

Director dealing nearly 4 weeks ago...so technically closed until around the 22nd which will be the start of the 8th week they have announced as a long stop date. PM lets wait and see, If I am wrong I will apologise without reverting to the language of the gutter that the anonymity of this thread allows you! I hope you will have the decency to do the same thing but I will not hold my breath.

[obmuj] 15/1/2018 18:10

Might just throw the dice on a cheeky T20 to average down my 95% loss from VANE days.
Then again?
Very disappointing but maybe this is just the year it comes good.
Fingers crossed.

[vatnabrekk] 15/1/2018 15:36

News any time between now and 5th February.

[cheeky13] 15/1/2018 15:31

Well I`ve been topping up a small amount every week.

[ant15] 12/1/2018 20:45

PM I was prepared to listen to you before but now you are talking absolute rubbish, clearly you know nothing,so don't include me or any of the other investors keen to succeed here....The Oil has been attributed to the site its still there The 3D will enable a more accurate assessment of quantity and accessibility. If you are out and not commenting as you said you would not then stay out and wait patiently for the inevitable rise. At which point you can really assess what you could have made.

As an aside The world and his aunt knew of the existence of oil "discovered" by UKOG it had been used in WWI but it didn't stop the price of the stock rocketing when they announced it as their discovery. DYOR but you do seem somewhat out of it.

[pottermagic2310] 12/1/2018 13:20

We don't KNOW the news WILL be GOOD or about a billion barrels of oil

We KNOW nothing.

There isn't anything there of any value UNLESS the Siesmics tell us there is AND that it's accessible.

The FORM this Business has suggests to expect the worst AGAIN.

[ant15] 12/1/2018 09:32

Judijudi I cannot disagree with your sentiment I too have a heavy loss on my books But I am struggling to understand how they managed to do the placing they did bearing in mind it was greater than their market cap and not a good market ( by todays standards for oilers ). My only thought centres around the fact that there has to be a very good story in the pipeline despite the last few years of what has been nothing but bullsh*t and cost a lot of good investors a small fortune. Worth a dabble at these levels as news will see it move north and we know the news will be good a billion barrels of oil haven't disappeared. Access and subsequent funding...Look at NTOG they have just funded their operation by agreeing to a familiar/standard sector practice.

[judijudi] 11/1/2018 16:39

ant,
I sold out at a hefty loss a good while ago
I see nothing here at the moment to make me want to return
I wonder whats happening in Cuba? Its all gone very quiet with that company transforming venture after all the initial fanfare!