ROS .. the gamblers anonymous thread !!!

what amazes me about this share is that when talks last year of a posibble takeover...the market makers,knowing that the company was, at the time, saddled with nearly £100m of debt....were quick to value the company at 57p a share....
ps it would not suprise me to learn that there may be some `horse trading` going on between the new owners of the gas field and the application by Ramco for Exploration Licence extensions on four of the surrounding blocks(that ends on 31st dec 2005)....with the final decision and resulting probable farm in deals with the new gas field owner... being dependant on Ramco obtaining the relevant Licence extensions from the Irish government....hence the `delay` until the early part of 2006`...just my opinion of course..but the delay in the sale of the field may have some baring on licence re-application..... With all the 3d surveys completed by ros...if such a deal is on the cards then the new gas owners would have a fair chance of recouping their investment...and further extend the life of the infrastructure.My belief is that the Ramco licence extension of the surrounding blocks will be used as a `sweetner` in the form of farm in agreements as part of the deal that enables them to sell the gas field....and of course any such deal would leave Ramco, having already financed the siesmic work, in a `free carry` situation.