We need some news on our acreages to give the SP a boost - now that 7H is going to drag into the new year (as I thought was going to happen and did state earlier). We all knew oil services was going to MBO - it is still indirectly in ROS hands - Remp is shrewd enough in doing these deals that there will be an opportunity to buy back in the future - I prefer to think of this as a long term loan, rather than an outright sale. We need to get more "meat on the bones" of this RNS - as its the small print of these announcements that mean the most. ROS has always been a long term play - there is only good news to follow - Bulgaria is going to be announced shortly, then we have Montenegro and Donegal and anything else that they are sniffing around. Remember the advice from Remp when the takeover was rumoured in the summer - "Do nothing" and he has always stated that it is intention to "increase shareholder value" - so far we have had no increase but it is coming - all I can say is that """good things come to those that wait"""
We've lamost wiped out our debt with this RNS - surely that is a positive - cash flow is not a problem - operating costs will be covered for the next year and all it takes is one juicy announcement from our prospects and we will see the SP take a healthy jump upwards.
Keep the faith - our rewards are around the corner - Just give us more information please Mr Remp.
!D!