ROG 16.7% 0.5¢ red sky energy limited.

Ann: Killanoola Activity and Innamincka Revenues, page-738

  1. 734 Posts.
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    Not Often I agree with Gruntface but this time I do.
    Acquisition has been a stable word thrown around for ages with no real hint off it happening.
    It may be a part of the projected plan to grow but I think we will need to grow funds a bit more as i feel that any acquisition would be funded by income and we are not there yet. So for me news would be a bonus but not expecting this in the near future.

    How ever There is news on the horizon and disappointment on lack of progress reports. is concerning.
    ROG has a history of failing to inform and provide time lines waiting to disclose anything to when they are required such as quarterly reports.

    So we all seem to be waiting here for the AH Ha moment when they have something special. and who knows when that will be.
    Poor form from management in my view.
    However i do think progress is on its way and this year. There is much to report if all goes to plan and we are set to see great results and progress!!!Tthe question is When ?

    The fact that there has been no update tells me that we have not progressed this quarter as hoped and we may be behind with second gas connection
    .
    There should by now be a delivery time frame for new drill and a new pump opening up opportunities for 3 new pay streams and one would think at this stage of the game a serious priority.

    So we sit and wait. I'm positive we are in right direction but like Grunty FFS give us an update AK .

 
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