ROS .. the gamblers anonymous thread !!!

ref jdhurry...
I found the `sale` conditions open to interpretaion...namely that the equity stake taken by Teasses Capital Ltd...is exactly that, an equity stake, (other sources refer to it as a `major` equity stake), suggesting that no repayment will be made on this investment....until it`s floated or resold....hence repayments will only be made on the Clydsdale debt finance and we don`t know how much that was...

`...Ramco Oil Services Limited has been acquired from Ramco Energy plc in a £14.1 million management buy-out. Led by managing director Stewart Cumming and commercial director Malcolm Edward the deal was supported by a substantial equity stake taken by funds managed by Edinburgh based Teasses Capital Ltd. Clydesdale Bank provided the debt finance....`


again, my interpretation only.
ref crosbie. the best map I`ve seen to date...and Shell are also drilling slightly North East of blocks next year as well.

ps. I see Northern Pet climbing this morning on the back of news of their drilling prospects for 53bcf of gas...lord knows what Ramco will go to when we access our percentage,being 448bcf in donegal?