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ROG - Red Sky Energy

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I think we will see some more interest in ROG as CTP moves on its potential spud announcement and people look for exposure else where without the premium .. I am surprised this is sitting below 3c still thought it would have boounced back up .. getting what I can round 2.6c...
 
Interest in this one has really dropped off. .. Options are pretty good at the moment 2.4c .. I am continuing to pick up as there is huge potential here... BG / CTP Farmin annoucment will surely set off some interest in this..
 
adobee said:
Interest in this one has really dropped off. .. Options are pretty good at the moment 2.4c .. I am continuing to pick up as there is huge potential here... BG / CTP Farmin annoucment will surely set off some interest in this..
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I'm with you and suspect we've lost a lot of short term investors recently. Another announcement to clarify the CTP/BG situation would be good, though not expecting too soon due to ongoing discussions and possible arbitration. This one is in my drawer and expect to see some action in the New Year.
 
I am really holding for the 100% drilling interest in the QLD blocks hopefully before March next year, also the huge NSW holdings.

I am accumulating this one both oppies and shares.
 
Trading Halt which = Capital Raising as per the announcement after market closed today. They have way too many shares on issue and its about to get a lot worse!

I will continue to support ROG as the CSG story is only going to get more majors wanting to play in my opinion, some great acreage and ROG management is moving exploration ahead a good pace.

A good line up of drilling coming up as per the presentation released today:

ATP 840 in Surat Basin, QLD
– 1 core hole, location selected
– Landowner consents secured
– Drilling contract soon to be awarded
– Expected spud in January

EP 93 and 107 in Pedirka Basin
– 5 core hole program
– Contract awarded to Wallis Drilling
– Dec 2009 to April 2010

PEL 465, 466, 467 in Surat Basin, NSW
- 3 core hole program
- Q2/3 2010
 
Suspension by request of ROG until Monday, completing capital raising.

I am very keen to know who and how much the issue price is...
 
Share price has held up well 0.041 with $4.5 mil Capital Raising with an issue of 125 million more shares, now ROG are well funded for a solid exploration schedule coming up.
 
Good response today .. sellers seem to have dried up especially on ROGOA
perhaps some good news coming out prior to Christmas.. Still awaiting the ROG , BG, CTP outcomes..
 
Adobee from what I have read ROG are in with the CTP exploration coming up unless arbitration states otherwise, is that how you read it?
 
125 million shares to be issued at 3.6 cents.

SP sitting on 3.6 now.

Interesting times though. With climate change well and truly on the world stage, l'm kind of expecting companies that have an interest in CSM or CSG do well in the next few years. Carbon credits and permints coming into play.

 
It's got 800 Mill shares outstanding. Please stay away.

There is better offerings out there with runs on the board.

Uncertainty, dilution and limited cash mean stand clear.
 
I am holding my oppies...

Thinking CTP ROG BG arbitration clears up and Farm in is all Go..
CTP shows that there is huge reserves .. ROG in on a %
CEO who knows the game..
 
Nero64 said:
It's got 800 Mill shares outstanding. Please stay away.

There is better offerings out there with runs on the board.

Uncertainty, dilution and limited cash mean stand clear.
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Can you point out a better offering in CSG area please?

And also the reasons why they are better offering, would be appreciated.
 
ROG has a good size land holding with applications to make it huge.

Yeah there is close to 800 million shares outstanding, if this company had 80 million shares in the same position I would happily pay 40cents considering what has happened with for example BOW when the drilling of its 100% owned tenements started.

I don't believe there are any CSG players with this much land that offer the potential upside of ROG, correct me if I'm wrong I am happy to look into it further.

If anyone feels like doing some research look at the board members and see what they are involved with ASX companies (RER & TNC), it shows the big picture with emerging coal technologies and the position Red Sky will be placed in with the amount of land they are sitting on.

A speculation of a few joint ventures added to the CSG prospects.
 
looking good.. CTP on some coal now.. details will be coming out shortly...
still holding options and buying when they keep coming down .. very much an up and down ride at the moment but i dont think it will take much for them to blow once ctp announces some good thickness and gas levels..
 

Have you been talking with CTP adobee?

ROG needs to clarify where the stand with CTP's current drilling campaign, its still not clear if they are involved in the current well.
 
no its in yesterdays announcment ....

(refer to announcement yesterday to see this information ... ... ... )
 
Some real good news with ROG lately and typically the market didn't react as it would have a few months ago and I believe as it will in the New Year. These guys, along with CTP impress me as fantastic LT speccies over the next few years, both heads and oppies. Just hoping the CTP oppies can make it through by June next year
 
Good to hear they have locked in a drill rig for January, should continue with the good run of news throughout early 2010.
 
Thinking out aloud, I am wondering if the drill will be pushed back due to crap weather and flooding through NSW.

I am looking for February to be a good month for ROG, I am writing January off at this stage.

Hopefully see a bit more of a drop so I can buy another parcel before drilling commences.
 
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