ROG 16.7% 0.5¢ red sky energy limited.

Ann: Killanoola PRL13 Seismic Survey Commenced, page-309

  1. 5,245 Posts.
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    My take on all this is unfortunately more delays and a stagnant SP. Santos have bigger things to do so unlikely to see them back in 1st half of yr. My guess Q3 would now be best outcome but wouldn’t be surprised if they drag till Q4. Santos has a lot on there plate atm. ROG deal is well and truly on the back burner.

    DW and SE wells again further delays best case maybe late in Q2 or even Q3. This waxy oil has always been my concern. O invested here only for the Santos Gas plays. Ouch!!! Not our low grade oil play. Cost more to refine if they do this. If can’t sell it what’s the point of going ahead to produce this low grade oil imo. Lol yes a lot of roads to build I guess with this not refined oil. Just saying.

    Plus SA are a bunch of useless beaurocrats. No wonder they they are a city of tax evading churches, they are destroying their own state economy, I thought WA was the wait awhile state. Well SA has well and truly taken 1st place. Lol.

    Angola might be our only saving grace for SH’s if MD pulls this off. Yep ROG has been a disappointment and it’s not all the companies fault is it. That’s what happens in the city of churches, ROG has been hit by “act of god”, lol. Shove back in draw till end of yr imo. Buy more when hits 0.004/5. GLTA.
 
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