ROC rocketboots limited

todays news , page-8

  1. 20,878 Posts.
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    given the ownserhip - this will also be immaterial.

    I think you need to look at Roc true value based on cash flow , appraisal and development assets and assess what is a very small hiccup. Lets say the program cost 15 million - and costs Roc 1.5 million, is this material - no

    I value Roc at 8Oc so even If I eliminate reserves still insignificnant. Even if I assume another 2 million cost, still insignificant. Its the smallest and less profitable field

    trust me, i have enough money in the sotck to force myslef to be objctive and I have enough of a profit to walk away happy if I chose, but i think the news its minor
 
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