ROSE Stream Log

ready ...steady...CHARGE!!!!!!!!!!!!!

I guess ROSE is being heavily traded

Fast out of the blocks today

nice to see a profitable revenue stream. Another word lacking from many AIM companies. 20-03-2014 10:44 DJ Rose Petroleum 4Q Revenue Up; Mexican Operations Performing Well LONDON--Rose Petroleum PLC (ROSE.LN), said Thursday that its Mexican operations continue to perform well, providing a valuable revenue stream, and the recent strengthening of precious metals prices should be reflected in higher returns in the upcoming quarter. MAIN FACTS: -Total revenue for fourth quarter $2,438,399 versus third quarter of $2,419,167. -Direct production cost of $677.72 per ounce of gold or oz. Au equivalent or $10.87 per oz. Ag equivalent versus third quarter $760.07 per oz. Au equivalent or $12.49 per oz. silver or Ag equivalent.

Just glad to be here Midway. Yes you certainly have picked a winner IMO. Later starter than you but I intend to keep a core holding here and letting it ride for a couple of years. I like the fact that they not only think they can do the 3D, but also the test wells and start production all well before end 2015. Very aggressive targets to set.

I think we all have to make a decision and stick with it.Buying and few grand more AM then I will stay for the week. Then I will top slice if the share price gets high enough, leaving half to run the course and plough the rest into OEX. Keeping away from TRP Mcap too high and will drop to sub 1p on failure . GKP not a fav either as have no real agreement with the Kurds and things could get hairy in that neck of the woods IMO: That's my plan and I intend to stick with it .... assuming this goes up big time next week which is certainly not a given on AIM. Don't be fooled either way by anyone on these BB. Including my ramping .. GL its your money ... Hope we all get rich. Fat chance gambling on AIM !!!

lastly ... The company has an income stream from its metal assets in Mexico and to quote the company website"The Company has producing gold and silver assets; namely a floatation mill, and a cyanide leach plant in Mexico which generates free cash flow to assist in financing the company's oil and gas exploration programme. The mill has the potential for additional capacity for feed from other projects and enables the Company to seek further sources of cash flow in the region." These are reasons I will be topping up first thing tomorrow. We may drop back a bit at 10ish but then I believe we will continue North.. GL with your hard earned cash !!

If you are worried about significant capital expenditure and ( as many AIM companies do ) death by share dilution ( see RRL) then this quote from the CEO on the front page of the company website may help. If you can take him at his word!" Rose is actively exploring passive Joint Venture development and divestiture of its legacy VANE Minerals mining assets to maximise shareholder value with little to no capital expenditure. "

Its no where near the high point ...but that's a matter of opinion. with the wider audience from this weekend I can see this gaining momentum all week. Lets see tomorrow albeit a bumpy ride till then . I can see it going past 5p but settling there until further updates...

Market cap is 17 million GBP ( approx. 800 million shares at 2.1p