Australian (ASX) Stock Market Forum

RAW - Rawson Oil and Gas

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Miner said:
Just some update on my discussion with GM operations of RAW today arvo .

The discussion was positive. I did not find to be ramping at any stage. He is in Sydney and my call was just before his dinner time too .

The bottom line is company's current strength is Kea Petroleum stake which is balancing very nicely with shareholder strength

They are working behind the scene but do not believe to mesmerise the market with every weekly note just to inflate the share price like bubble.

RAW also does not want to raise capital unless the 3 D seismic studies come with real real value proposition. They want to reduce cost with one of the lowest admin cost (that explains probably why there was no return call and why the website not updated since 2008 excepting the section where ASX notices are published:rolleyes:). Seriously the directors are not taking full salary so as to work not full time either when it is not required to do .

One thing he mentioned that they do not like day traders to jack up share price and mindful not to bubble the market with hypes. (My comment is Probably BCC directors should listen to that )

One of the key issues faced in resource of exploration contractors being available for small operators like RAW.

They are hoping to get some good work completed by April end if not by mid April and will advise market once the result is known.

Overall it was encouraging for me to listen to the GM operations and to hold on my investment in RAW which I bought at 8 cents.
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Since I posted my last message I am pleased to see the GM has kept his first promise. The telephone number has been changed (remember I reported before that my previous calls were not returned) and reported in ASX. I could not have seen any faster action than this.

Hopefully there will be some good news of oil coming out too :D:D:D:D (Just joking with unfolding my dreams with RAW and they are still raw)
 

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Miner said:
Since I posted my last message I am pleased to see the GM has kept his first promise. The telephone number has been changed (remember I reported before that my previous calls were not returned) and reported in ASX. I could not have seen any faster action than this.

Hopefully there will be some good news of oil coming out too :D:D:D:D (Just joking with unfolding my dreams with RAW and they are still raw)
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OMG

a little ugly duckling RAW neglected by Oil and Gas experts in ASF as well as Astro Specialists.

It has just indicated presence of oil (no gas or CTG) and the price shot up by 100%.

Where is Seaspirite who injected this scrip and thought about it in ASF.

Hoo Hoo - why can't I have faith on myself and bought many more this one:banghead:.

Any way good to see the green one among many reds :D

Disclaimer - do hold small :banghead: parcel
 
Miner said:
OMG

a little ugly duckling RAW neglected by Oil and Gas experts in ASF as well as Astro Specialists.

It has just indicated presence of oil (no gas or CTG) and the price shot up by 100%.

Where is Seaspirite who injected this scrip and thought about it in ASF.

Hoo Hoo - why can't I have faith on myself and bought many more this one:banghead:.

Any way good to see the green one among many reds :D

Disclaimer - do hold small :banghead: parcel
Click to expand...

Hey Miner,

As per my previous thread at the time there were imo better prospects in the market so i ran with CAP and RHM which have run very well for me and did have RAW on my watchlist but who knew they would get a hit on the first drill:eek::eek: (KEA that is) can't hold all of them and was waiting for RHM drilling/results around end of may to put some into RAW but the bird has flown and will put it down to the "i missed that one damit" pile. As always the timing of ann doesn't over lap as one would like so al i can say is well done and enjoy your spoils:D:D
 
On February 7th, 2017, Rawson Resources Limited changed its name to Rawson Oil and Gas Limited.
 
Rawson Oil and Gas is up today on news that its joint venture with Vintage Energy has been awarded $4.95 million from the South Australian Government's PACE Gas Grant Program.

RAW is currently up 2.3c (71.88%) to 5.5c.
 
On January 18th, 2019, Rawson Oil and Gas Limited (RAW) was removed from the ASX's Official List at the request of the Company pursuant to Listing Rule 17.11, in connection with the takeover of RAW by Lakes Oil N.L.
 
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