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Why the rudness, I can tell You to shut up as well ...stop the baseless ramping.
You were telling to sell at 6p.....have a look at your previous posts...IMHO-DYOR
MD - shut up, I didn't say it followed charts, I said the chart looked good, better than the previous 10 years. Learn how to read.
Sam will be pleased to get it out the way, just in time for the greens firming up
LTT
The eventual size of sealion will be much greater than expected and will probably produce for much longer than anticipated too, i'm on 1 that has been producing for 40 years and we are still drilling new well at the moment and still finding more oil. This platform had a life expectancy of 25 years when built and now they don't expect to cease production for another 15 years.
This share does NOT follow charts so stop the baseless ramping please...IMHO-DYOR
Price bottomed out at end of share warrant period.
Looking good
Hi Paul,
yes it's over two days, today and tomorrow. I emailed RKH about when it was taking place in April. Always get a prompt reply.
Another thing ticked off the list, no more messing about with lawyers and OM after this, it can be put to bed either way and RKH can be ready for the main event, hopefully with cash in the bank to cover their share of costs on FID.
Then onwards and upwards.
LTT
Is it a 2 day hearing LTT? Did you get that information from RKH (can’t see it in the public domain)?
This is it, the Annulment hearing will be in full swing now. Sam and the new CFO will be in the courtroom (well if it is a courtroom, could be a private office for all I know) with their lawyers and ROI lawyers putting their cases.
Although in all honesty I am unsure what actually happens in such a hearing. I would presume all the information has already been supplied and thus they are just getting statements and doing summing ups. Not calling up a last minute star witness who has come forward with new, damning insight!!!!!! Mind you, I wouldn't put is past ROI to try it on, that's if they can be bothered to turn up to the hearing in the first place.
Either way, the die will be cast tomorrow end of play, then we will just have to wait around 3-9months for the decision.
In a perfect would, FIG sign off on the selling of the OM award next month and then amazingly news of the annulment going in our favour comes pretty quickly after that, thus us being 80m euros richer. Hopefully afterwards, Navitas then announce FID, maybe in Sept/Oct and we have our share in the bank and no fund raise necessary! Talk about the ducks lining up ;-)
Regards
LTT
Pavel its just bed and isa trades
It just looks as there are a lot of people that are eager to get some shares ...
Pavel, there is not enough buying volume to increase the price, its as simple as that !
It is the New North Sea
What a waste of time this bb is becoming , either Google copy paste or,
Children's play ground !! NEVER MIND
It's not full of oil, it's full of stars..... 😀
Hi Guys, what´s your opinion about the increasing volume with the share price not really going up?
Oilbrat too said no oil field if found in isolation, just look at the NS. Oilbrat said there would be billions of barrels there, we just need the first one up and running! How right he was with Navitas working the numbers on Sea Lion it will be getting close to 1 Billion recoverable once all the satellite exploration is included. That’s without looking at Isobel.
I think Navitas will most likely drill a few explorations while they are drilling the development wells, it would be rude not to!
LTT
Wouldn't have thought 10.26p would cover the cost of a trade with HL. Would expect to see multiple similar trades of 1 share if what you say is true.
This is usually brokers such as Hargreaves Lansdown, selling a share to cover the cost of a trade, following a Bed and ISA or Bed and SIPP transaction. And it is to be expected at this time of the fiscal year.
Nothing else!
We need to see an exploration well in what he coined “the marlon sump”. If that’s full of oil then Isobel is bigger than Sea Lion.
Ralph2010
I dont recall the number, but I agree that he did suggest that Isobel may indeed turn out to be the real price.
Man, I would love for Marlon to return, and Rpoodle too for that matter…
Anyone remember Marlonmonkeys analysis on Isobel? I think Isobel could have been 2billion OIP and possibly more ?
"SL will get the green light" I think they already have Isobel in their sights too.
I don't know about selling 1 share for 10.26pence, but I could sell over 200,000 shares for over 13p earlier.
The hardest part of owning Rock shares is waiting for news. Navitas are a very tight lipped bunch until they have something worthwhile to say. However I have almost zero doubt SL will get the green light, as Navita's business is to wait until others have done the hard risky expensive work, in Rocks case over a £billion, and then come in to finesse the project to sub $25/bbl life of field costs.
They've spent many $millions on this finesse and have identified available FPSO's, increased 2C resources from 269 to 312 MMbbls are asking for contractors to provide EOI for accommodation and storage facilities etc. I feel confident the future is very profitable for Rocks shareholders, however after 14 years waiting, knowing it's so close to actually happening, is quite a challenge to keep the calm patient persona!