The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Lol... they were days! yes still got the metre ruler, elastic bands, nails! For the record I went for my allocation and also oversubscribed for extra shares on the open offer.
Happy days indeed!
My very best and sincere regards
JPDM
Thank you Maestro - high praise indeed.
Hope the rubber bands are still elastic !
Happy Days
DEM
My sincere thanks also to Deus, Mogger et al for all the info, AGM write ups etc. Much appreciated.
Kind regards to each & all
JPDM
Can I add my thanks to Deus and co for their AGM writes up. It was good to see the climate protestors had more confidence in the project going ahead than us long termers. We are probably the only oil and gas company that paid them to be there !!.
I too would like to put on record my thanks and appreciation to those posters (DEM, Mogger et al.,) that firstly have more knowledge and experience of the AIM market, and secondly, have actually done some research. Anything I post is simply based upon intuition, some limited knowledge of the world, and their posts.
I do try my best to avoid ad hominem comments, or rant with frustration (however strongly felt), but sometimes fail.
Cubane
DeusExMachina I too enjoy reading your (more than mine) insightful posts. Longtimethinker, ovets, mogger and Cubane and more. I won’t turn this board into the kiddies ADVFN board and will only occasionally toy and play with Noboil as it’s so easy. I too prefer the more thought about and adult content on this board. Anyway time to move on and buy a few more shares tomorrow at under 7p which was supposed to be impossible after todays placing. Sorry. Couldn’t resists. Onwards and upwards now hopefully. IMHO. DYOR. FAKE. ETC ETC. Just a gut feeling matey. :-)
DEM - apologies for not commenting about your posts.
A lot of time/work went into that, which probably isn't appreciated. Like many others, I read them, without comment.
We're very fortunate to have some good analytical posters here, so thanks to them too.
Now the OO is done, I'm going to get on with a few other things while the dust settles, which hopefully won't take too long.
Thanks again.
Thanks Wraith and all others who have posted kind comments earlier.
DEM
Thanks for your posts (Part 1 & Part 2), DeusExMachina.
I was not aware of that pre2rcd, thanks for sharing.
BW
I'm inclined to agree with Mogger - having endured ADVFN and posts from the likes of Nigoil, that's why I chose to come here for a bit of sense.
Anyone who has time to read Nigoil's tripe must have an awful lot of time to waste, but then to comment about it on here does seem a bit pointless.
Leave the fool to rant.
Mogger. Yes/no. I post it on here as a warning to others. Also it winds her up as she is not allowed to reply due to being banned from this forum for continual lying due to the stricter rules LSE has for what they will allow you to post. Where as the lies continues on the ADVFN board due to their very slack rules.
With respect it’s an open forum so I can (within reason) post as I wish. Obviously not as insightful as your posts I hasten to add.
Bigred,
Why are you telling us what someone has said on a different forum? Are you not just helping him spread his "lies"?
Mogger
Cubane1. I too hope we’ve seen the last of 7p and well beyond. However the word liar and me using it I disagree as when someone presents figures as facts that’s when it becomes a lie. Noboil said over £150 million (I wish/hope) would be coming imminently from the still not over arbitration. This was said 33 months ago and easily checkable. The same applies for the 30p soon which was said factually 34 months ago. Again easily fact checked. There will be no placing again presented as a fact. And finally when he constantly posts hinting/writing he knows more than the CEO of the company that’s when I feel the word liar is appropriate. I look forward to reading your posts as you present facts, knowledge and (like I) think you have no agenda accept for the company to succeed. But this one I’m replying to I disagree. When you said you thought it was the last of 9p it was like you said just a thought/hope. Nothing wrong with giving an opinion but as said above when said as a fact it then becomes lie. Which for 3-4 years that’s what he’s done.
Bigred7
I think the word liar is quite inappropriate. Any of us may have an agenda, some may be paid for it. However none of us KNOW what will happen.
I hope after a short settling in period we have seen the last of 7p. But that is all it is, a hope, and trying my limited best to predict.
Not long ago I posted that I thought we had seen the last of 9p. I was wrong, but I was not lying.
I remain glass 3/4 full
Cubane
Noboil aka Pinocchio posted yesterday 29/6/2022 at 7.17 “today will be the last time you will be getting in at 7p” 24 hours later the fraud and liar is proven wrong again. Simple. Liar. Yes she is.
Thanks pre2rcd - wasn't aware of that. I'm assuming that the excess shares will come out of any shares not taken up by PI 's and that the total Open Offer will not exceed the £4.1m figure quoted in the RNS, but we shall see.
DEM
Deus, thanks for the informative post. One thing to point out, I had a telepohne chat with Sam last Friday and one questions I asked him was whether Institions were excluded from the open offer. He said no so you may find Aedos / Rab going in again for some more shares.
Biggest surprise of the day was when we smartly turned off the Wilton Road to enter the carpark and found that we were in the driveway of the next door private house where the startled owners were busy pruning their roses. Reversed back onto the road and tried again. This time we were greeted by about a dozen Climate Change protestors bearing Energy Charter banners - perhaps they know something about Ombrina Mare we don't ! At least they weren't allowed into the building, unlike at the UKOG AGM, (also on Tuesday) where a group of activists bearing scary upside down banners - forced the cancellation of the meeting.
https://twitter.com/MiaHWatanabe/status/1541735316431806464
The Clubhouse is essentially a pleasant modern cricket pavilion, available for hire to local companies etc at a fraction the cost of a City Livery Hall ! We were greeted by Keith and Sam and by the two Non-Execs, Alison and John, plus Jan (Co Sec), Will (Finance) and several of the RKH team. Plenty of opportunities to informally chat and ask questions both before and after the formal part of the meeting which comprised Sam's PP Presentation, Questions from the floor and then the Vote. In recent weeks we have had a flurry of long and and detailed RNS' with updates on Ombrina Mare, Navitas and Funding, so the Presentation was mostly a summary of existing news. Attendance down a bit on the last 'in person' AGM pre COVID - but still a better turn out than most AGMs I attend. Perhaps a few of the pinstriped CFA Pro's felt the trip to Salisbury too risky but TBH we managed quite well without them and some attendees even visited the Cathedral after.
We know from the subsequent RNS that all Resolutions were passed with 87% to 92%+ of votes - so we will get the Open Offer shares and Warrants. I assume most of the block vote against, were the Institutional Investors (Aedos and RAB) who clearly detested the 'extra' dilution from Private Investors getting O/O shares + Warrants on the same terms. Glen and Saby's two years of chipping away at the LSE coalface, with help from Godders, only delivered another 2%-3% to their Lords & Masters. Must do better !
If you are with Hargreaves you have until Noon today to take up your allocated shares plus any excess required, together with 1:2 Warrants. Just ring the Help Desk on 0117 900 9000 - it can all be done very easily over the phone.
The future direction of travel for Rockhopper is becoming clearer and IMHO there is much to look forward to. A few take aways:
Sam agreed that once we get closer to FID, then a bigger player may, or may not, ask to join the party. Both NAV and RKH are relaxed about this - but it has been agreed that any third parties percentage will come out of NAV's 65%, still leaving RKH with 35%.
The SFB was not mentioned at all, but it's not going to go away and I think it's time will arrive once the NFB is in production.
DEM