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Sorry slightly off topic but just wanted to share the link below it’s a great insight into the markets.
Its on every day live at 2.00pm hosted by Gareth Solway at Verified Investing.
https://www.youtube.com/watch?v=n824UOjEPpY
Totally brilliant chart analysis.
Oh BTW I do also hold Kefi shares :-)
At an AISC of $1350 even at $2200 they must be racking it in now.
Also a pull back to $2200 will only get people buying more who have been looking for an entry point for weeks now...
There is a possibility of a further pull back to 2075 the break out point of gold but there would be massive buying at that point , I don't think it will get to that level personally.
At $2200 gold, there could be a breakout for PAF above 24p if they increase Ozs ,but probably not if they don't.
Just to clarify G-NBC did you mean profits of $76.2m?
Also I think Cobus is low balling the second half production figures so there could well be a revised number.
I am not aware of any major works that need to be done to bring down the H2 to 86500oz from the H1 figure of 98000oz.
Just bought 2 X 250,000 shares, back in again since exiting all positions back in March 2011.
Lets hope they can stick to their timeline for this year.
Made good money back in 2011 hoping for the same this time around.......
Anyone wishing they were all in on gold and mining shares ATM instead of this dog currently.....
I'm about 50:50 weighting gold/ gold miners :RKH
but that's 50% in RKH going nowhere....
The gold/silver manipulators have lost control. Prices now set in the east....
Gold just broke its last all time high tonight, hopefully a lift in the SP tomorrow.....
"To be fair RKH hasn’t been a good investment up to now, the management are clowns." the first part of that statement by Finley1 can't really be argued with in recent years, the second is also probably true.
Navatas have come on board but I bet they sought out Rockhopper and not RKH management team that found Navatas.
What really annoys me about the management is the complete lack of any publicity for the fantastic project they have, No interviews with any of the oil related websites, No Youtube videos, No PR whatsoever is seems.
Shareholders need to feel engaged and continue to hold. potential shareholders need to feel the enthusiasm that needs to be expressed by the management about what is going on.
All of this in someways doesn't matter, what will be, will be as far as the project advancement goes, but if they have to go back to the market again and raise funds 12p , I am not going to be best pleased.
I did try to buy another 10K immediately after and I got a good quote clicked with 7 seconds remaining on the quote but the price moved and they did not honor the quote and rejected it!!!!
just tried again to see whats happening only 10K being quoted ATM.
Max quote on IG was for 10000 shares seconds ago, they are short of shares, points to up tick in price . I did buy the 10k, but I wanted 20K but could not get a quote. bought at 13.28 I think.
Finally some recognition of the progress that has been made here.
Lets hope it continues
gla
G-NBC
No talk of an interim dividend, but dividends are a company priority and may increase.
Also a share buy back program has been discussed, but its unlikely to happen until Mintails is up and running or they might prioritize paying down debt quicker--- to be decided later
Reading between the lines Loots knows that PAF will beat the expectations of 180,000 to 190,000 k Oz but he does not want to build up expectations!
I know norseman and the second last trade of 12K was mine and I already own a shed full of them, not a lot of skin in the game from new investors!! Could it be that, just perhaps (no surely not! ) that no one knows the progress that has been happening here or perhaps its a big secret and only those that closely follow this share know anything. Perhaps a few words from the hierarchy on an oil focused Youtube chat show might help... just saying.... oh sorry I forgot it might interfere with the golf schedule..lol
Ill go for 22p @YE24 SpaceHoppa
Neilius, what I think is holding this back is no clarity from Rockhopper or Navitas on who is actually responsible for giving permission for this project to go ahead, is it FIG or the UK government. I know many posters have said what they think but I want to hear it directly from Rockhopper or Navitas as to the exact political process. What I suspect is that no one really knows and therein lies the problem!
If UK government does not want to issue a guarantee to bond issue, does this stop any investors going ahead without such a guarantee at their own risk. The risk being that Argentina magic up a credible Navy and Air-force and try and retake The Falklands! Highly unlikely as President Milei is now in power and has no intention of going down that road again.
Thanks for the link r1234,
Very telling that Jacob Rees-Mogg said that his special advisors ran into "an awful lot of official obstruction" yep that is what I have been worried about here in that, the UK government is in fact the biggest problem with this whole project.
Strange that it was not listed in the risk factors of Rockhopper, but there you go its to be expected from the RKH Board!
Anyway I sold out my spreadbet positions on that revelation the rest remain for the moment...
Upon further investigation I am confused as even though the event line on my account read shares X .0076239 the £ amount did not come out correct so perhaps they did take of 20% after all!
I hold my shares in IG account and got £.0076239 dividend without doing anything. I believe this to be the correct amount due. Obviously UK tax to be paid later if one is over the dividend allowance.
DL, you are probably correct in that statement anyone who bought north of £1 is going to have to wait a very long time to see that back. The only way is to average down, which is what I've done, however my fortitude is being tested as we drag on month after month with no official updates of any progress! Maybe there is no progress beyond what Mogger has kindly posted this year.
If it makes you feel any better I made the huge mistake of believing in Premier Oil/RKH back in the day and it totally decimated my pension, and I mean literally decimated. I have had to make other arrangements for my pension over the last 8 years with rentals. I take responsibility for that mistake, but it does grate on me that the BOD have taken excessive salaries when they have not delivered. So far.
Sorry to be a bit negative but the last pull back into the 10p selling range is very disappointing. GLA
99 ice-cream, have to say I don't really get it, this leaving it till the last minute to exercise warrants if they wish to sell! They would have been far better just to have done so months ago when there was no pressure on the share price, maybe that is crystal balling on my part to say that but still it would seem to me better to have taken up warrants earlier and bagged say 3-4p as apposed to being pushed into a corner for 1.5p profit currently.
I have no idea why it is down so much on so few shares traded over the last few days, no doubt it's some kind of skulduggery that it known only to them that know!
I would expect most warrants to be taken up and held as I have stated earlier. If institutions had wanted to sell them they were idiots not to have at least drip fed them into the market over the course of the year, and not left it till the last month, I don't think they are idiots so they will hold the exercised warrants IMO