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I can’t see this needing to do another raise. Not least because the time to exercise the warrants from the last placement is running out. So they will have cash landing from those warrants which should remove the need for any raise, even if they need the cash which I don’t think they will.
Chessmaster,
Yes, there are folk on here throughout the "spectrum" from moaners to incomprehensible ramblers and irrepressible rampers. It's just a social medium and all forms or socialisers will offer their thoughts, right wrong or indifferent. Some may have issues and it's an outlet to vent their inner rages.
I don't think that is any excuse to be abusing them in the way you often do. Just tell them why they are wrong in your opinion and explain why in a civil way.
I do not believe anything posted on here makes a scrap of difference to the company's fortunes or it's share price.
I think you are treading on thin ice here Chessmaster. The rools from LSE are.....
"By posting on our share chat boards you are agreeing to the following:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently."
Fessing up to having two logins is a bit risky, because they both might get banned. This would be a pity, because I am utterly in awe of your experience, insight and compelling knowledge of Rockhopper affairs and the industry in general. (or am I?)
I can appreciate you are a busy man but I cannot appreciate why you often try to take people down or abuse them as you did to CJ at 16.32.
It's almost like you enjoy belittling people, who don't match up to your superior intellect, number of mobile phones and investing prowess. You demean yourself and the rules of chess, in my humble opinion.
So we have Chessmaster1234 and Chessmaster321 on the same thread.
It's the very devil when you have two tabs open !
You won't have to wait till 2026 to show your friends, 2024 will be the year of great change.
FPSO/Funding/FID and OM monatised, all in 2024.
(FPSO/Funding,possibly sooner)
Your friends won't recognize the shareprice by the end of next year !
Every dog has its day !
I think there is more to be positive about here than for a long time. The Navitas involvement is good (look how their shares are doing), OM will eventually produce something for us, the world is waking up to the fact that stopping oil is completely bonkers .. yes I’m feeling chipper for a good 2026 and very happy to wait. I’ve suffered so much stick and mickey taking from friends in the oil industry over the last 12 years that I would love to return the compliment!
This time next year Rodney…..
;)
God I hope it reaches £1.62, £1 billion Mcap.
That's a 10x bagger for me and my mortgage practically paid off in my 30s...
And IF that actually happens I will send a grovelling apology email to Mr. Sam Moody and the board, apologising for being so downright disrespectful and disillusioned by this... and like I said I will buy him a hair clip...
I won't hold my breath though
Would just like this to get to £1.62 a share the magic £1 billion company. I’d be happy with that and I don’t think it’s impossible.
The IIs don't need to be "up to something"
The point I originally made is how capital raises have no negative effects on IIs, who can afford to purchase the additional shares at the placing price, enough so, that it cancels out the dilution to their original holdings... or they are contacted privately away from the view of PIs to buy the shares that we are usually kept out of.
The latest open offer and warrants (available to all) is the first time in 15 years that the board recognised they can't keep stitching us up like kippers. And thanks to pressure from the PI group that was formed it seemed they actually gave us a sniff, for once.
Every other act is as bent as a Venezuelan $27 and ½ bank note...
"But of course it's all noise. What really matters is the barman chilling 12 bottles of finest chardonnay, cheeky Sally's dog treated to extra biscuits, while the 'business associates' sit upstairs signing the paperwork... imminently... and the whole of Stanley looking like a Mardi Gras... imminently..."
All IMHO DYOR BLAH BLAH BLAH, soon to be £1+ on FID, then £2.5+ on First oil, then £20+ once Isobel and Elaine enter the fold... all IMHO DYOR BLAH BLAH BLAH B#LLOCK$
Not according to the Company constitution.
There are only 2 Institution holders.
Substantial Shareholders
As at 31 July 2023, the Company had been notified of the following shareholdings amounting to 3% or more of the ordinary share capital of the Company, in accordance with the Disclosure and Transparency Rules.
Number of shares % of issued share capital
Aedos Advisers 38,096,106 6.46%
RAB Capital/William Philip Seymour Richards 22,000,000 3.73%
Are you saying these two are up to something?
@covgaz … couldn’t agree more.
Cloak and dagger agreements between the BoD and Institutions are often invisible to PIs . The AGMs are a sham.
@covgaz … couldn’t agree more.
Cloak and dagger agreements between the BoD and I stations are often invisible to PIs . The AGMs are a sham.
If anyone thinks pi's are keeping this company afloat you are totally deluded.
The Lion of the sea may well be coming. I hope it is, but is this after another round of scam-money, ponzi, pyramid scheme capital raising just to keep things afloat after the millions and millions and millions being w@nkeD up a wall because they can get away with it?
It's no good getting to FID and all systems go if what was once 15p per share is diluted down to 4p... we'll have our compo payout from Italy and oil flowing but only be sat at 18p for example. It's a scam. Con-artists have more integrity...
I would love to see £1+, £2+, but it ain't happening with this lot at the helm...
I can see it now, when they discovered that oil back in 2010 the phone was going mad....
"Lads, we actually hit oil.... cannot believe it.. what do we do now..? Never expected this... ooooh ahhh yeah pretend to work for the next 14 years, keep raising money from PIs (they're generous, they won't mind) and we can get away with paying ourselves millions in the process... I didn't realise we could pull that one. Let's go..... but won't we get done for fraud..? Nah.... it's UK AIM, we'll be riiiighhht"
All IMHO DYOR BLAH BLAH BLAH, the barman winked at cheeky Sally last Thursday, got to mean something... extra olives on the side, really oily ones, IMHO DYOR
I see that some investors have managed to register their ICSID judgement in the High court and have obtained a charging order on a Spanish owned freehold property in London . The defence of Sovereign immunity didnt wash with the court ,the judgement debt was over 120 million for investors who lost out to the Spanish government who renaged on investment reliefs . Although the judgement was over 2 years ago it does show that ultimately the losing party will have to come up with the money or be embarrassed in not abiding with rulings . Who in their right minds would investment in a country whose government encourage foreign investment and then change the rules , foreign investment will not happen on that basis too much of a risk . Yes we may have to wait but many of of us have been waiting for over 13 years ,, I suspect that the award will be sold on once the annulment process is concluded , in the meantime we soldier on and lets hope we have more favourable news shortly . GLA
Fakey, Market dope, garbage etc etc etc. He isn’t probably not even spread betting. Let’s pretend he is why does he have to tell anyone in the first place? A proven liar anyway. Heartbroken and skint one day then 2 days later spending over £250,000 on shares and to cap it all off he than send that’s not that much cash these days. Poor memory. Big liar. IMHO DYOR LIAR FAKE. Take it as you wish as it’s just a gut feeling matey.
@MD please stop telling all you are buying shares. You are using spread-betting … u own no RKH shares.
At least be honest.
More importantly, Another day closer to the announcement that a Redeployed FPSO has been secured and another day closer to the funding RNS.
Make no mistake Gents, it's coming, Navitas are not playing around here like Premier, they are deadly serious and have a proven record of developing a project.
The market will realise just how serious Navitas are when the FPSO/Funding is announced and this might not be as far away as some think.
The smart money is loading up before these two big catalysts, it's time to start pinching yourselves because this time it's real. The Lion of the Sea is Coming !
All a bit late in the day, all these years gone and nothing guaranteed as yet. How many millions have been spent up to this point, yes things are looking promising at the moment but not the share price may i add. Thats my conclusion
@CJ give it up my friend. The majority on here don’t own RKH shares … they use it as a betting shop.
Sam is a superfund who keeps on giving the reason to keep on betting. He can do no wrong in their eyes .. watch how they come to attack anyone who says different.
Well, I am buying at 13pish.....not @ £5+... it does show it's great buying opportunity....imho
Funny how so many refer to that £5+ sp.
That was just an instant of euphoria, not a sustained sp over several weeks.
If that really is your benchmark sp, then you must be the biggest wally here.
So a €300 Million ICSID award, which is being meticulously and energetically pursued isn't enough for you?
So getting Navitas aboard, who are now energetically working to SL FID / Sanction, etc. isn't enough for you.
Maybe your gripe is that Navitas doesn't hold a press conference every other day to tell you that they have just dotted another I, or crossed another T, on their way to First Oil?
I'm sure they'd love your helpful suggestions, so why don't you give Gideon a call and ask him how much he's paid and why he isn't updating you every day. He might agree to give you his personal contact details.