Member Info for BrightSpot

Welcome JPDM.

I believe we have crossed swords before !!

I have been invested in Eco for many moons. Seen too many ups and downs.

It’s a great risk/reward share. However, jam always seems to be next year with 2026 being no different.

One good deal in Guyana or Namibia will rerate the share significantly. Goodness forbid a confirmed drill and strike which will see the good old days of Jethro and joe drill prices.

Anyhow, its good you are along for the ride

I am a bit surprised my post at about 2am this morning has disappeared; a nasty conspiracy afoot !!!!

The Barman is taking wagers on Armada Day. One legged Pete has just dropped several gold doubloons on November 24th.

However, if history teaches us anything, no-one in the annals of Rockhopper has ever predicted dates with one hundred percent accuracy.

There’s some administrative work to do but the train is on time, on track and coming with full speed.

A three digit share price is all but assured.

Here comes the sun !

I seem to be going to Sharkeys more often these days. Is it the Angkor beer, seeing the locals, the pool games or the dancing girls ?

Anyhow, when I entered last night the jukebox was playing “over the rainbow”.

One legged Pete shouted at me again - “Look east Borgo !”.

Here comes the sun !

I popped into Sharkeys last night for a few angkors and a game of pool or two with the dancing girls.

One legged Pete was in tremendous form. “Look east Borgo” he shouted.

Here comes the Sun !

Very good interview by Gill recently. Explained the delays without going into detail.

Orinduik gets even more intriguing. There are only a few companies who have the financial and technical competencies to develop Jethro. XOM must be looking at it.

It’s the hope that kills you with Eco. One great deal will be a game changer. The risk v reward is immense with this share. However, a share price sub 8p, would dictate few believe Gill right now.

I still believe this could be a multi-bagger. The dream is alive ! Let’s see ….

Great to read the official news on Shenandoah. Navitas now have a secure and reliable cash flow source.

The Gaza peace deal is good news.

The FIG proposed agenda could be anything, but overwhelming likely to be Sealion related.

The exact FID decision announcement is relatively immaterial but it looks like mid November to me.

I suspect we will start to see the share price go north again and break out of the 70’s range sooner rather than later.

The countdown has begun. ….

It takes large ones made of steel to exit at a loss and especially right now, when news could drop at any time. I respect Mr Rhino for his x post and his honest admission that his patience is up.

My patience has also run thin and although I appreciate that farm out deals can be protracted and lengthy, Eco has simply taken too long on this. A large part of the problem has been in Gill’s over enthusiastic messaging indicating that deals were imminent when obviously they were not.

Eco’s acerage remains full of potential and it only takes one good deal to double or triple the current share price.

I remain invested as the risk/reward is outstanding. One deal ….

WE remain trading in the 70’s range for now before the market gets a sniff of FID. It’s unknown how the pre-FID news enviable leak and the FID RNS will affect the share price. Will it be like Amy and be over and done in a few days, or be a catalyst for continued upward movement. One thing is for certain, there will be a lot of sellers who will take a very well earned profit and lots of new buyers who are in action with the reduced company risk, post FID.

October or November for FID news - take your pick ! It’s coming and the “fun” is sure about to start and this board will get overpopulated with posts - it will be difficult to see the wheat from the chaff.

Personally I have been invested in the Falklands story before the first Desire well, Liz. I well remember the Sunday Times leak !

We are nearly there. A quid plus, is certainly possible this year for the share price, but how the market reacts to pre FID news and the FID RNS will need to be experienced.

It’s a waiting game for now. 100p+ is a big difference to 74p but I would be very surprised if we did not see it this year.

Good luck to who have been here for a long time and also to the new investors. In reality the Sealion FID is just the start of a fifty to seventy five year oil industry for the Falklands. The Majors will come ….

Hammerhead FID and Eco have a share price of 7.35p. What madness is this ?

Eco have a long history in Guyana and good government relations. XOM are a company that plays by the rules.

Hopefully the next few weeks will clarify what the disconnect is.

The fundamentals of Rockhopper and the future potential remain very, very positive. I have little doubt that medium to long term, that the share price will be multiples of where it is today, or Rockhopper will have been acquired at multiples of today’s share price.

Short term, we seem to be in a holding pattern awaiting the next piece of positive news. Unless you are trading, the next few months is essentially a binary proposition - FID or no FID ! Forget any other risks for now. Yes, there are risks going forward but it’s all about FID.

Track the Navitas board meeting schedule if you want to guess on the FID date. It’s October or November for FID, that’s pretty obvious.

Best to ignore Garbled in the meantime; stirring the pot is his modus operandi. Strangely enough, when I met him in person many moons ago, he seemed a pleasant enough chap.

Chill for now and wait on the triple digit share price that is coming our way this year.

7.35 pence !! Block giveaway. No meaningful farm out news. No news !!!

Whilst the share price and lack of news are equally disappointing, there must be life in this old dog ?

Orinduik must contain value with a minimum being the Hammerhead unitization. Surely we will get news on Orinduik soon ?

The Walvis basin blocks farm out must happen sometime ?

BLOCK 1 has a great postcode and ripe for a farmout.

3B/4B will get at least one drill, hopefully next year.

I fully appreciate that news from AIM explorers can be slow and Gill cannot make miracles happen. HOWEVER 7.35 PENCE !!!!

Underwhelming RNS and the share price shows it !!

Talk of supporting local involvement is bluster in my opinion. Interesting that Lamda Energy have been quick to update their website.

Eco have negotiated extensions on PEL 97, 99 and 100, possibly in exchange for farming out PEL 98 ?

There are 3D seismic work programs on PEL 99 and 100. These are not cheap and especially for a company of Eco's size.

In my opinion there are details behind this RNS which we are unaware of.

Patience running thin ....

I would suggest that the share price has been played by "the dark forces" over the last few weeks. No doubt a number of weaker holders have sold or had their stop losses triggered. Long term holders with Rockhopper have seen many instances of "the dark forces" meddling with the share price including the infamous interlay dip incident of quite sometime ago. Perhaps "the dark forces" have had their fun or there is more to come. I suspect we will have smoother waters ahead now for a few weeks. I am hearing the FID may well be in October as opposed to later in the year; let's see.

I am invested until post FID so the games are not a major concern for me. I still believe we will see a three digits share price this year.

Hi Garbled,

It’s been a while.

We have in fact met. Many years ago at one of the AGMS when Rockhopper was still drilling.

I recall you originally being from one of the Middle East countries.

Anyhow, I trust you are well.

Corrections are perfectly normal. We would all have liked to see this motor on from 90p and go upwards. However, a backtrack to 78p is normal enough. Well done to those who took profits !

Shenandoah continues to produce without any significant hitch and the cash is rolling in for Navitas.

Both Rockhopper and Navitas have clear line of sight to finances for FID.

FID, in my opinion, remains on track for October; perhaps November.

Barring a black swan event, it is very likely that the share price will be triple digits in November.

Waiting and patience are never easy, but that’s the prescription for now. Best to ignore Garbled’s nonsense !!!

I don’t plan on any share disposals until triple digits …..

It’s been a while, indeed a very long time, since I bounded up the stairs at Sharkeys, taking two stairs at a time.

“What’s occurring Borgo ? ” shouted the Barman when he laid his eyes on me. The Barman looked very happy and was having some banter with the dancing girls. The dancing girls, in turn, were on top form. The black stuff and generous tips had been flowing without caution for the last twenty-four hours.

“All wrapped up” shouted the Cellarman as I saw him stride with purpose behind the bar. The Chateau Rothschild will be flowing very soon. Later than planned but it’s a real belter when it comes.

The newbies and oldies alike were knocking back the black stuff. No stories of Marlon’s sump tonight or talk of a new oil province. Just blind happiness that the cash is all but in the bank and all is progressing very nicely to plan.

No surprises, no innuendos, no riddles; it’s all there for anyone to see.

Happy and profitable times ahead.

Here comes the Sun ! And boy, is she shinning !!!

Expected news this morning on the insurance payout; nonetheless a relief to see the payment in writing. Extra positive news on getting the Italian business sorted out cleanly.

Shenandoah continues to perform satisfactorily, if not a bit better than expected. No major issues post first oil.

There is a clear line of sight now to FID.

I expect the Navitas September board member to be taken up with a lot of Sealion discussions with the October meeting set to ratify FID before going public with the news.

No third partner in sight currently, but my personal expectation is that this will change medium term.

One pound per share this year - seems a strong possibility.

Here comes the Sun !

Word on the street is very positive on Shenandoah. A few teething problems post first oil, but nothing of significance. Uptime has been around 90% and the wells are performing slightly better than expected.

All very good news for Navitas and in turn Rockhopper.

The share price has seemed to settle around the 75p range for now. I expect the FID announcement in late October or November, although news may leak before that as I believe the FID decision from Navitas will take place in the second week of October.

A three digit share price will re-occur. Thats something I didn’t expect to write !

Here comes the Sun !

So there we have it - Shenandoah producing and Rockhopper have a plan and line of sight to Sea Lion FID funding. Absolutely brilliant !!! Or is it ?

The funding plan is not great financially for private investors on first read and second read too !! However, most significantly it removes the risk of funding and that is massive.

A third partner will not happen anytime soon although it is still a possibility post FID.

For those short term holders that plan to bail post FID, this is very good news. I suspect we will see the share price closer to a pound at year end. For those investing medium to long term - Rockhopper will deliver a tremendous result with a share price of multiples of where it is today.

Here comes the sun !

I see the situation more optimistically than most:

- 3B/4B will get at least one well, probably many more with the first spud date in H1 2026. Game changer for the share price short term and hopefully longer term if a strike is confirmed.

- 1A will get farmed out. It’s in a great location and we should get good terms with a significant remaining equity.

- The Walvis basin blocks will become of major interest if a nearby week hits hydrocarbons.

- Orinduik has Hammerhead as an anchor and has value. I remain surprised we have not had a farm out yet.

Patience ……