http://www.falklands-oil.com/

http://www.rockhopperexploration.co.uk

http://www.argosresources.com/




Rockhopper was established in 2004 with a strategy to invest in and undertake an offshore oil exploration programme in the North Falkland Basin. It was floated on AIM in August 2005. Rockhopper was the first company to make a commercial oil discovery in the Falklands. Today Rockhopper is the largest acreage holder in the North Falkland Basin, with interests in the Greater Mediterranean region.

sp slipping in the absence of positive news, success or otherwise of Rachel will either boost the sp or we may see a serious fall.

ignoring that RKH's sp may be artificially plumped ahead of any rights issue, other than emotionally, the effect of Rachel being a duster should have limited impact ..... RKH only have a 7.5% interest in Rachel and of course they already have a few shillings-worth of oil in the kitty .... the effect on DES would of course be very significant, which is why i only have a 50% stake there

50% of what cynic?

For those not already invested, I think the de-risked play here is to back RKH. In the event, DES hit s duster, RKH will be affected but marginally so and will probably recover quite quickly based on the fact they already have oil. If DES strikes, the field will be further proven and RKH will react in sympathy to the inevitable DES SP rise. Of course, DES SP will triple, whilst RKH's shows a moderate increase. Depends on one's risk appetite I guess. Following RKH's fall from recent highs, judging an entry price may be a challenge.

50% of my self-imposed normal stake .... the quantum is neither your biz nor actually relevant ..... inter alia, it is an indication of the risk/reward i perceive

Not just a duster but less than fifty million barrels.....20 or 30 million and RKH rises and DES drops.....(a few ifs and buts) to go with that.....agree with your thoughts entirely Ptholden.

Your %age figures are a relatively new addition to your posts cynic! As we don't really know what your self imposed stake is each time, they seem to have a spurious relationship to any actual figures! Am happy with 'Underweight' 'Overweight'. :o)

are you over weight harry........

In RKH, yes. Physically no, as only 70 kgs. (11 stone)
Underweight in DES, totally weightless in Argos & FOGL.

Just needed a little clarity for working out your posts/investment strategy Cynic!

bullshit! ..... just use basic maths .... a 50% stake means i hold 1/2 the value of 100% stake - doh! simples innit! .... it's not much different from saying someone is rich or poor ..... it's a matter of degree .... just own up and admit you're just bloody nosey to know how much i invest each time

Well, I've worked it out ;)

whatever you invest is 100%, ie it is your stake in that stock! Simple and unarguable mathematics.

lol

Then he can never have 50% because what ever he put's in is 100% simples .,.

Is it not for every 100 shares in RKH ...he has 50 in DES ?...

not quite - monetary equivalent .... all pretty obvious, but clearly some felt a little teasing linked to nosiness was due

Just to remind ourselves of the over 600 millions RECOVERABLE (and 100% owned) barrels potential of just Sea Lion :)


http://www.thesun.co.uk/sol/homepage/news/money/city/3145751/3billion-Falkland-Islands-oil-boost.html#ixzz11g7fEICu

THE Falkland Islands are poised for a 3BILLION bonanza after tests showed an oil field off their shores is HUGE.

UK company Rockhopper Exploration said its drillings indicated 240 MILLION barrels were waiting to be tapped.

And some experts believe there are 700 MILLION.

The tax take from the Sea Lion field 140 miles north of the islands in the South Atlantic will be at least 2.5billion over 20 years at current prices.

It is the first commercially viable discovery in the region and could make the Falklands a fully fledged "oil province".

Finlay Thomson, oil analyst at City broker Canaccord, said: "This is enormous."
Rockhopper made its find in May but it will be at least a year before it draws up plans to start production.

Its shares leapt by 13 per cent yesterday to 470p - TEN TIMES their value in March. The company is now worth almost 900million. Other British companies have failed to strike lucky in the area.

Sources say the UK will want half of the tax take.

Argentina wants the UN to ban drilling.

Someone is posting old news, must be desesparate like the old quotes.......

do not sell, but the shares have come down only 120p from the intraday high.

I would say I do not listen to those posters, but to the chart TA and Indicators that tell me what to do

what would you do master???