ROG red sky energy limited.

Ann: Innamincka - Yarrow 3 Well Fraccing Delayed, page-45

  1. 5,056 Posts.
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    Best put Inna expectations on the back burner methinks.

    1. Wait till final costs to point of sales is established - ROG may be waiting till it's covered it's share of cost beyond the agreed $3 mil (or whatever) spend by STO, paid off from the future revenue.

    2. Will take awhile, and no doubt $$$, to build 18k pipeline. So "free carried" cash flows could be a way off yet. Not saying further proven gas in ground won't be a plus to SP, but ultimately "show me the money" still rules.

    I've been saying it all year, ROG needs to get Killa happening. I really dunno WTF they are doing there and management need a serious kick up the ass or to get out of the way for people who CAN make this happen. It's nearly Xmas 2022 and this has been talked up for 2 years. Really dunno the reason for these lost years, YES years !!, and left wondering if something is crook for this endeavour.
 
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Mkt cap ! $21.68M
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