ROG 14.3% 0.8¢ red sky energy limited.

No mate. I believe that, that will be over time.We are in for...

  1. 5,657 Posts.
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    No mate. I believe that, that will be over time.
    We are in for more dilution. There is no doubt about it.
    But if the % of reserves keep ahead of this (Last one a 210% increase) Then, as much as I don't like it, I could learn to live with it.

    Personally, I'd like to see them put all the resources in PEL 479/457, but I can understand that ATP 946 represents growth after the PEL's.

    This is why I wanted to comparison the 3. (Please check I have this right, as I ran out of fingers)

    ROG has a market Cap 1740% smaller then BOW. Yet is has a 2P reserve only 670% smaller than BOW and has a 3P 677% smaller than BOW.

    I know this probably isn't the best way to work this out, and would love some input. But It does seem that something is either under, or over valued.


 
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