I have read all the presentations and RNS's but cannot work out why RKH is so low at the moment. Its not just a case of trying to work out an entry point for myself. To me the charts suggest this could slip a little further, maybe even 100p. Time will tell of course.
Some are building a nice stake when others are napping.. RKH already 75% II owned.. Time will tell who is the winner
Cleared my concern
Thanks for your comment ,that really clear all the concern I have .i am happy to buy at this price and put it in my isa and the gain is tax free.i think It Will be next shell or bp
RE: Does rkh need funding?
Tmc, I suggest you read through the terms of the farm in agreement. PMO to pay RKH $722million development carry, therefore the $700m you are concerned about is fully covered. If estimated costs are exceeded then PMO shall make available a loan facility to cover this.
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