Member Info for buffit

Hope so - just nervy - also with RKH & when's FID !

P.s. Even if the licence is extended the SP will still fester unless there's some action.

Thanks Gus, but will FIG just roll over the licence or go for some company that's going to do the biz ?

" The Company operates and has a 100% interest in three production licenses in the South Falkland Basin. "

When the licences expire & if nothing has happened with BOR, does that mean they have zilch ? I haven't framed this post very well but basically I'm asking what are BOR worth in the worst case scenario ?

( ironic aside ) Since you seem to be the only other one on this thread what's your thoughts ?

Also in BOR & slightly worried by fall in SP.

FIG changed the date of the election - did they do that to accommodate Navitas ? If so one would expect FID before the election ??

" I will pop into Stanley and check they are still the rational sheep lovers we remember . "

I strongly disagree with HMG's profligate use of English taxpayers' money on the Welsh !

Bought 20k @ £0.84728.

I'm poised to add to my holding if they're down.

Sealion is a goer according to FIDC ( & Navitas & Rockhopper ! )

Hi ZYX,

Why use one word when a thousand will do ! You're not a politician are you ?

Best Regards,

Buffit

Hi LTT,

Thanks for your reply - it would be good if other operators were eventually involved.

" We already know from the legislation that the FIG passed earlier this year that they must have received enquires from other Operators about getting licenses - going to be interesting to see how that all plays out! "

Hi ZYX - you posted the above recently - any ideas about who the operators are ? Aren't they still scared off by the " disputed waters " aspect ?

Yup - same here.

I think both markets open at the same time ( given the 2 hour time difference ).

" So stay calm and if the sp does fall a bit, use it as an opportunity to buy some more. "

Doing just that.

But can't understand why RKH SP is not being dragged up by Navitas SP performance.

Navitas SP doing well.

A shorter version ( Robbie Burns ) :

Wee, sleeket, cowran, tim’rous beastie,

O, what a panic’s in thy breastie!

Another very important factor is the share dilution ( due to the recent fund raise ) occurring shortly after FID.

I agree with your " achilles heel " statement - that does worry me. But if your BOR predictions are correct I won't be worrying if RKH's SP does not rise spectacularly.

Hi Gus - I'm pretty confident about RKH FID - hope you're right about BOR - just added 100k to my million holding ( & topping up on RKH while they're in stasis ).

Best Regards,

Buffit