ROG 0.00% 0.8¢ red sky energy limited.

Ann: Production underway at Gold Nugget-ROG.AX, page-18

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  1. 98 Posts.
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    Greetings Dr E.
    Yeah a lot of shares suddenly, over 1% of the company in 2 days.
    My guess is the upper end of the predicted cash flow of $1.2M is thought to be most likely which gives the company a decent footing. We probably will know in 2 weeks I think from that last statement.
    Have you noticed the company announcements have mentioned acquiring other working wells on the cheap a couple of times. Maybe something in the near future there that we dont know about yet.
    I sure hope you are very very wrong about a consolidation. I have been in a few of those and they always work out as a loss with the share going below its pre-consol value.
    Keep posting and good luck.
    Bardot
 
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