Rockhopper Share Price (RKH)

Does anyone have any further info regarding Sam's visit?

To those into charting where is the next difficult bit for this share price to rise through? 1.1m volume today, highest close for a month, hard to see it stay under 14 p for long…

Like many I’ve doubled down on this share so I’m a few pennies away from breaking even, so near but so far..!

Probably seeing it in context is more helpful;

"7.6 One of the high priority projects is the Offshore Minerals project, which is not yet planned or quantified. That project is likely to take several years to complete.

7.7 Putting that aside, if the prioritisation above were effective, it might reasonably be expected to result in completion of legislative drafting for both essential and high priority projects in 2024/25 (and that legislation might be passed before adjournment of the Assembly in 2025). It might be possible for work on some, but not all, medium priorities to be undertaken."

So my take on things is, if they don't prioritise then it might take several years, but if they do, then it could be sorted in 2024/25. Still it doesn't get around the fact, WHAT HAVE FIG BEEN DOING FOR THE PAST 14 YEAR!!!!!!!!!!

It's not like they didn't know this was coming, PMO were planning FID in 2016/17/20, etc, what have they been playing at. Navitas have been getting on with this, hiring here, there and everywhere, building teams of people, did FIG think they were just going through the motions! Having a laugh!

Too right the FIG should prioritise oil readiness, in the last part of the document Mogger kindly posted the link to, it says;

5. Oil readiness legislation (including Oil Pollution Preparedness, Response and Co-operation Regs and Petroleum Valuation)--------- Significant economic driver

7. Stanley Common Regs (use of Stanley Airport by oil industry)--------- Significant economic driver

The bywords are "Significant economic driver", so if FIG really wants the oil revenue they need to spend now and get the right people, or teams on the case to get things done. Anything can be done if you really want it, outsource the expertise if necessary, it will pay dividends, HUGE dividends to the Falklands population in the future and more importantly it will secure their future. But it needs sorting, you cannot have Navitas running at full speed and FIG are still in the blocks, no, not in the blocks, sat on the bench, still tying the laces on their Nike's!

Sorry, that's enough ranting for a Friday evening. Have a good weekend all.

LTT

Fair call but the FIG will need a team on this one subject. With just one individual on the case they will never complete the task.

I don't think it was construed as a positive. I think most people here just appreciate Moggers input and unending links to news referring to RKH.