ROS .. the gamblers anonymous thread !!!

...a seperate legal business...that`s true...but it will still carry the Ramco name within the industry and be a respected reflection of the main company. With regards to cash cow...it`s interesting that the £12m and presumeably the Schlumberger debt will be repaid out this cash raising execise, if this is the case then again the interest for the outstanding £12m paid to date plus overheads and company running costs ....came out of 7h gas sales. Then correct me if I`m wrong, but until the field is `sold`, Ros still retain the income from the field? ....indications fron the AFX suggests that the loan has already been repaid,hence income from the field is now going directly into ROS coffers untill the field is transfered.?...and if Islands 12.5% income from the field is anything to go, which they emphasise in their accounts, this is not an inconsiderable sum.Island have put up no objection (that we know of) to the sale therefore must still also be deriving an income from the field. However I can see `horse trading` problems with Marathon, whereas the buyer would expect some form of input from Island if the search for the missing 64bcf of gas goes on. Even when the field is sold.....and Marathon goes on to seek and find this missing gas...REMP and ROS will then be vindicated that the original plan was not a million miles off target and as a result possibly give a boost to future ROS prosects......and the share price.