The Money is needed and will hopefully open some promising events for the future of the company. Believing the price of NG will go up in the future is more probable than not. And they still hold a majority of their land in Alaska.
I would like them to define the overriding royalty. Using some monies towards drilling is a positive to produce with the funds made available. AK has always been to expensive for ROYL on their on to produce and it is possible they could receive 5-10 million for the remaining AK holdings in time plus royalties.
I thought of Hosmer and how ironic , last year and this year during the World Series lol. The K.C. Royals were far from Champions just a couple of short years ago. Time for a turn around.
just a thought lol. It would only take a small portion of a few players salaries and could end up being a grand slam. Congrats to the ROYALS on a great year and World Championship !
Just the thought of large returns if and when they are granted an extension and sign up with a Major Independent to develop the AK. Major profits do exist with any announcement!
Do you really think energy will stay cheap FOREVER ? And I will hit the lotto 3 weeks in a row!
Always believe that good things will happen. If ROYL has a major independent with them, everything will get better in due time.
If you have not noticed the stock price is rising as of lately. A dollar is right around the corner and can be easily achieved next week. Watch out shorty , you will get burned if any BIG NEWS DEVELOPS!!!
ROYL will Spike up very quickly. Bashers Beware ! Just in time for Halloween lol
It is an option that could pan out for ROYL.... And i had bacon and eggs with coffee this morning!
So many positives are in Alaska. Along with a new partner other than then previous one, (Rampart}! One excellent chance to get Big Oil involved. If this pans out we could easily see 5 to 10 a share!