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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Ruspetro | RPO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.45 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.45 |
| Top Posts |
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Posted at 20/9/2013 16:29 by knackers Diary date 7 Nov for some clarity on this new investor, RCT2, but I like what I'm seeing from the Exec. In the meantime this could go quite literally anywhere and stock maybe pretty closely held after the last two days shenanigans. Certainly not for those of a weak disposition but credible developments seem to be being made here. |
Posted at 19/9/2013 14:37 by malhashemi Well I dipped my toes on this one. Mr Shamis (I assume) didn't get his vast wealth by chance winning the lottery, but by being a smart investor - that even by his valuation RPO at one pound is good value, and that's worth taking notice of. |
Posted at 19/9/2013 13:51 by malhashemi Not sure what's going on here - but it's certainly rare to see an investor pay such a premium over market price.. It's more than double ! I have seen 10% or 20% paid to get stock, but never over a 100%.I would be interested to see if anyone has seen such a premium paid for another share by an investor, and how that impacted that share over the following days and weeks.. |
Posted at 21/8/2013 07:21 by grahamhacker Does anybody understand the implications of today's rns (below)?Thank youRNS Number : 1418MRusPetro plc21 August 2013Ruspetro plc ("Ruspetro" or the "Company")Ruspetro Signs $30mn Prepayment Facility with GlencoreLondon, 21 August 2013: Ruspetro plc (LSE: RPO) today announces that the Company has signed a crude oil prepayment facility with Glencore Energy UK Ltd ("Glencore") for US$30 million.The facility is for a period of one year and requires the Company to deliver a minimum of 15,000 metric tonnes per quarter (approximately 1,200 bopd) of crude oil to Glencore.Tom Reed, Acting Chief Executive Officer, commented:"This facility enables the Company to reinvigorate appraisal and development activity in the field, while strengthening the financial base necessary to prosecute our strategic process. We will now re-address some of the geological challenges we faced in 2012 with a more measured approach, improved sub-surface modelling and horizontal wells. In parallel, we continue to work on the monetization of our gas assets and finding the right strategic partner for our oil field. "ENDSEnquiriesInvest |
Posted at 12/4/2013 11:50 by crosswire Meeting for analysts, Today!!Don Wolcott, chief executive, commented: "Over the course of the year we have faced some significant challenges. We are clearly disappointed not to have met our production targets to date but we have implemented a number of initiatives which have had a beneficial impact on the business and led to a positive EBITDA in the final quarter. While the development of our field is at an early stage, we have successfully increased our proved reserves base and are developing a significant gas business validated by the recent signature of an Agreement of Intent to supply dry gas with an expected sales value of USD $700million over the period of the Agreement. We are currently developing a plan to build production and we are working with our lender to arrange the required financing." For analysts and investors The Company will host a meeting for analysts on 12 April 2013. |
Posted at 03/4/2013 16:23 by ntbb these directors are buyimng left right and centre! investors need to wake up here |
Posted at 11/3/2013 19:51 by 2bung oh i don't know, i don't want investors to be reading much into what they say, it looks like it's going bust to me. up in the mornings, down in the evenings, same trend every daythey basically said they believe they have very valuable assets |
Posted at 01/3/2013 15:56 by darcon Perhaps one route to raise cash could be a joint venture farm-out with one of the oil majors interested in Russian tight oil prospects in respect of one or all of the three licences. Such a strategy would of course result in dilution for current shareholders but could bring in additional money, expertise and also provide investors with additional confidence on the reserve figures. With the company having done much of the legwork with S&P and the banks for the recently postponed loan note issue a deal could presumably be done relatively quickly. The other alternatives might be a rights issue or loan. Putting on the rose-tinted specs, production has still risen though not as much as forecast and the oil price has been higher over the past few months so some additional cash from that (although approx 80% of such additional rise has gone to the Russian govt). Also, might RPO have been spending less capex (eg, on drilling wells) while waiting for the heat exchange to be commissioned? If so, then cash may not be as low as some are expecting. So I am holding for time being and patiently waiting for the catalysts for a turnaround, although I am in very heavy loss at the moment. Btw, RCTurner2 I have dipped my toe today in your favourite PTR. However, that may be a bad sign given my dire experience thus far with RPO. |
Posted at 15/2/2013 21:28 by darcon According to IFRe RPO postponed the senior secured notes offering as there was insufficient demand for the notes."Ruspetro (B from S&P) has confirmed market rumours by announcing that it has hired Bank of America Merrill Lynch, Credit Suisse and Deutsche Bank to arrange a series of fixed-income investor meetings in Europe and the US, beginning January 28." "Oil and gas producer RusPetro (B from S&P) became the first EEMEA borrower to fall victim to changing tides in emerging credit markets on Wednesday, when it decided to pull its debut 144a/Reg S bond deal after failing to garner enough orders from investors." |
Posted at 11/1/2013 17:44 by darcon Eastwind, that's a very good observation re the Limolines debt. From the 2011 annual report page 26 it states that the company has the following long-term borrowings as of 31 March 2012:The Company has a long term borrowing facility with Sberbank and two outstanding shareholder loans from Limolines Transport Limited and Makayla Investments Limited. The Sberbank loan is for US$295m with maturity in April 2015 and interest of US$25m. The Limolines loan is for US$55m with maturity in February 2013 and interest of LIBOR +10%. The Makayla loan is for US$17m with maturity in August 2013 and interest of LIBOR +10%. Where did you find the info about the conversion at volume weighted, average price of the ordinary shares for the 30-day period, immediately prior to conversion date, subject to LSE regulations? One easy way of assuaging investor concerns (whether justified or not) of market manipulation would be for Limolines and the company to agree on an extension of the maturity period (eg, for a further 12 months). If they convert on the terms you mention it will leave a rather nasty taste in the mouth for investors. |
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