Member Info for Arfur_Uggins

Mike JE
Thanks for the link.
All
Just FYI, it's the Fed Res meeting today and I see Mr Market is making his requirements known. However, there could be a nasty smack to stock markets very soon - link below and Armstrong is hinting the same - markets waiting to see where capital should flow. I still believe oil and commodities in general is where that money will go - back to the 1970's I think.
Still, the music was good then (well, some of it). Anyway, it may or may not happen, as you see fit.
https://elliottwave-forecast.com/stock-market/eem-can-be-nesting-supporting-world-indices/

Godders99
You may well be correct. But permit me to say that people who are badly underwater here should not assume the future will be like he past. We know Premier Oil's involvement was a disaster and Rockhopper's management were naive (although the geology team appear to be second to none!), but it doesn't signify future activity will be conducted in the same manner. Far from it. We don't even know what role the UK government will play in the future (we may never know!) And it's a lot easier to run a company when everyone wants your goods!
So to that poster who wrote on here a while back that he/she was sitting on huge losses and had had nightmares about it over the years, I tell you most people have been/are there. I was much happier in the days when I could put my savings in the Building Society and see my interest statement once a year. But, because the governments of the day, and all those economists with 1st class degrees from Oxford, don't know their a@se from their elbow, I was forced into the stock market to save myself from being robbed by them. And I have been turned over in stocks - I had one company go bust, two companies taken over for less than the price I paid. My first purchase of gold lost nearly 50% and it sat there looking at me for years, doing nothing. I'd bought gold mining stocks that did nothing for years while the tech market soared and I was worrying whether some of the miners would go bust. I've had countless lucky escapes - I bought Chesapeake at rock bottom last for $0.19 and sold it in April for $0.21 when I realized it might not make it. It went bust a few weeks later.
But that portion of my gold is now 25% up and I have made money in stocks to cover my losses. I sold my gold shares last year for a huge profit - but it took years. It is a long, hard road and merciless. But it is all cyclical and there is hope for Rockhopper because of what's unfolding in the future, not what has happened in the past.

Godders99
I hope any view I have is supported by players that have had vast experience in markets. And there should always be caution when buying anything in any case. Look back at my posts and I have supplied links to Martin Armstrong, elliott wave theory, daily/monthly cycle theory and more. It's not just my opinion. And nobody should ever invest any money that they could not afford to lose.
I don't blame you for caution, especially regarding your position with this share. I hope it comes good for you.
But, yes, the other side of the coin is the FIs oil and gas stays where it is and the west lives in a recycleable energy utopia. However, I would have greater hope of that if it was market driven rather than by governments.

JEBR
My estimation comes from the future price of oil and gas.
I won't repeat myself here - take a look at my past posts for Rockhopper.
I have a long time frame - the next decade! I think the OM issue will be favourable to Rockhopper. For me, whether or not Harbour pursues the FI oil will not matter so much in the long run. They have an asset to sell and with a world seeing increasing oil prices, another company(s) will see the enormous value in the FIs. Navitas did even when oil was still a bear!
I do believe FIs oil and gas will be extracted. I hope Harbour seize the opportunity to be the major player there.

It just shows what a terrible bear market does to investors. That scepticism lasts such a very long time, especially if you bought the share at a high and held to the low. But cycles do change and things turn around. The world will be very different in ten years' time. The sad thing is, so many people will keep up their pessimism, even as the price rises and the outlook appears more promising. Some will hold back on buying and will only gain enough confidence again right at the very top. So the cycle repeats.

Godders99
This has a chance of being over 50p by the end of this year - with a favourable wind. I have a feeling things will get volatile beforehand.

https://www.youtube.com/watch?v=ncbEucjsNFU

Traders have already banked their profits. Well done to them.
I shall bank my profits when the share price is about £7.50 by my estimation. It'll take some time, mind you. But, like the rest of the long term holders here, I have patience in abundance and other fish to fry in the meantime.
Platinum looks tasty for the long haul.

I remember Horsey - I hope he hasn't gone to the knacker's yard.

Laidback
I have no idea about the size of any award, but the fact that the Italians appear to have bricked themselves over this issue, I have money on Rockhopper winning its claim.
I'd also like to point out to the Rockhopper board that in the event of any Italian procrastination in settling the an award, Italy has one of the largest gold holdings of any country. Guess where it's stored?

There is a gap at 116.80p from the morning of the RNS the other day. Once that's filled, the price could rise again.

Centamin is a good long-term hold. I have held this share, on and off, for years now. Gold looks like it could have started its next leg up. On the other hand, it may do a double three correction and might not start its next leg up for many months. Still, that's gold for you. We may know if price gets to the last peak at 1960ish. May get some dollar strength then.
So it could go up or down - how helpful is that? We'll get dividends in the meantime.
GLA

The CEO thought keeping 40% in a farmout would mean around 17 - 18p share price when Brent was $65 per barrel at the time Borders was negotiating a farmout years ago (if memory serves).
My guess would be about the same for the whole lot now.

Thanks Surfit. All will be revealed, at some time.

'but can't buy any'. Hopeless creature, I am!

Having said that, I noticed the bid price seems fixed at 9.40p at the moment. The ask sometimes drops back to 9.41p and then whooshes up again to 9.99p. I tried some dummy buys at 9.41 back can't buy any.
Has someone set a sell limit on a large order? Can one of our traders help here (if willing)? I'd be interested to learn.

I was about to ask if this Malcy bloke was worth listening to.
I saw a video of him once, interviewing our friend Durrant (I think). He reminded me of this bloke.

https://www.youtube.com/watch?v=MvuCTM2o-EY&list=PLcoh-pk1tL4Gt24Z8ebS8SQZivWOreQWU

Rockhopper's share price is keeping up nicely. 'Tis a good sign (hopefully).

It's rejected the first attempt to push past 10.5p on this run, perhaps?

Absolutely, it helps fill some gaps down below (if you pardon the expression). I have no problem with traders.
I'm in for the long term - s@it or bust.

Daikihaku1,
Hmmm. You're not looking at the charts the wrong way up, are you?
The charts I see predicted the tech bull, now the commodity bull. It's all cycles, so they all start and end.
Martin Armstrong is your man for predicting the end of the world after the commies take over.
Sorry the waves don't work for you.
This bloke has a different approach - he thinks elliot waves are nonsense - he's quite interesting to listen to, even if you don't take notice of his advice.
https://blog.smartmoneytrackerpremium.com/

I see the wall-of-worry is coming in to play already. It's a tall wall!
I wouldn't be surprised if WTI oil surpasses $200 at the end of this bull in a few years' time.
I just hope Rockhopper gets the chance to achieve its long-term goal.

https://elliottwave-forecast.com/news/elliott-wave-view-oil-end-short-term-5-waves-impulse/

Godders66,
Perhaps you missed the tech bull run, but what makes you think the sector you're investing in now isn't, perhaps, about to start its biggest bull run in history? It's just had its biggest bear market in history!
If the pundits are correct, money is coming out of the government bond market and going into stocks. Inflation is supposed to increase. Biden's 'budget' will be coming soon, perhaps fiscally rather than monetarily orientated. China is looking to develop its economy to consumer, rather than export, led. Tech is in a bubble. When it bursts, money will go to commodities. There will be commodity shortages....the list of positives goes on.
The trouble is that when you buy a share for £1 and it drops to 4p, you look like a you-know-what! But if that share later becomes £10 you look like an investment guru.
Seriously, if you have 2.X million shares, I hope we get to a tenner (I'd LOVE a tenner). If you work for Crippin, again, good luck. Even a buzzard gotta eat.
You do remind me of Borgo66, who used to own a one-legged parrot. Said parrot would relay to bulletin board members the drill results for FI oilers before the RNS - a bit like that octopus who indicated the future football World Cup winners. I don't think the parrot was as good though, and I heard he'd been eaten. It was all quite funny and entertaining. Well, you needed to be there really.

Don't worry Godders99. I takes two sides to make a market, and it's good to have some opposite opinions to temper the bullish sentiment.
By the way, you don't own a parrot, do you?