Suchislife Careful - your optimism and positivity may upset a...

Suchislife
Careful - your optimism and positivity may upset a particular poster

On a serious note - there are very few producers in the mid cap resource /materials sector that are cashed up , earnings increasing, margins large and are primed for more growth . Roc is really an election in this regard. While many other oil producers have fallen , mad , cue , Dls , SXY, rfe , bru , BPt, roc is managing to creep up. I think when the next quarterly revenue is out it is likely to go back into the 55-65 range as its financial strength as well as cashflow earnings capacity over the next 2-3 years will be there for all to see. I do believe in this case being positive about ROC is very justified on the current and forward financial metrics or PE . Price to cash flow , EV of 2 p reserve per barrel and net cahs and inv backing per share