ROC rocketboots limited

huge news , page-18

  1. 3,484 Posts.
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    Hi Cmon

    Best wishes straight back to ya.....Yes that was a cheap lunch but I did I offer you the platter .... lucky to get out of that one alive considering the stock was an acronym for Basal Cell Carcinoma..... I hope it didn't take too much of a chunk out of you.

    Thanks for the presentation link...You are right to highlight the apparent low return of Malaysian PSC's, but things should be clearer after todays' conference call if the analysts ask the right questions.

    Having said that, even if the netback to ROC is as low as $10 a barrel, current oil production gained would be in the order of $18 million per annum. According to Citi, the first stage has a target increase in production initially of 1000-2000 bopd.. The big prize will be the full scale redevelopment and what production uplift that will achieve is anyone's guess at this stage . One would expect the netbacks to be higher for the new oil.

    I hope you climb on board here Cmon, understand you have an exposure to China through Horizon, but having been around these guys since the get go, and the predecessor company, this is the best position ROC has been in. Crucially, the strategy outlined by Alan seems to be falling into place pretty well as articulated, unlike our previous recent experience.... I have no doubts as to the capacity/ integrity of this management team.

    Cheers

    Dan
 
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Last
10.0¢
Change
0.000(0.00%)
Mkt cap ! $17.13M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 10500 9.5¢
 

Sellers (Offers)

Price($) Vol. No.
10.0¢ 50000 1
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Last trade - 09.59am 07/08/2025 (20 minute delay) ?
ROC (ASX) Chart
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