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1.16% 8.7¢ rocketboots limited

Folks - it has come to my attention trough the a CUE thread that...

  1. Autosime
    15,774 Posts.
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    17/05/14
    11:16
    Post #: 13378484
    Folks - it has come to my attention trough the a CUE thread that HZN have booked Maari reserves of over 6 m . The have 10% of that field . Cue which own exactly half ( 5%) have reserves booked at 2.3m . Now assume as alluded to that HZN reserves may at same stage be downgraded, and let's assume HzN readjust in line with the more prudent cue reporting , that is 1.4 m of reserves that ROC is supposedly buying that will turn to dust .
    Simon Marais is spot on - in fund management - few a true critical thinkers and shareholder advocates
    ROC Price at posting: 49.5¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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