ROC 2.25% 8.7¢ rocketboots limited

Suchislife Full year results are important for production...

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    Suchislife
    Full year results are important for production guidance which I expect to be 6500-7500 range again and the reserves numbers and by then hopefully some more detail about Malaysian RSC numbers. I was speaking to ROC IR manager who suggested more detail around revenue implications would be released after FID decision . However we will have a decent opportunity to have worked out profit by then as the yearly revenue would simply be a sum of the 4 quarters and the annual profit will be a little over double the first 6 months number
    Why I think the quarterly will be important is it will show a decent step up in revenue, which is likely to be followed through 1st quarter next year . It will also show strong cash accumulation .

    The current market consensus price target is 64.5 cents, with FID done and Brent AUD up at these levels I think we will see the consensus move into 70s
 
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