Member Info for burnwell

Provision to be provided for oversubscription offer over its intended $9.5 m capital raise.

I think the offer to raise 9.5m will be massively over subscribed, if it covers the conditional placing of $25m, will the board scrub the conditional placing ,or bank the oversubscription.

I will be surprised if the Roc fails to hit .80P, by the close of play Friday.

Good news on raising the funds early.

Any advice on how to put £20K worth of rockhopper shares when this year's allocation is taken up?

For instance buy and pay for £20k Rockhopper shares now, at 53p and Canacord transfer them into the Isa in April 2026. ?

Mirasol, If we get fid soon there is a good chance Rockhopper will produce oil from Sea lion before the next election.

A good chance some will be sold to Harbour Energy's Argentinian oil refinery which is being upgraded.

The current president is doing a good job at the moment and is very popular. Remember him? The man with the chainsaw.

Donalb, Bet you could listen to your French friend for hours, agree with you the licence is worth more.

Supra 3, As l stood on the walls of a Colombian Fort in the port city of Cartagena, a local man told me a story. Sometime in

the seventeenth century the residents of Cartagena woke up to find 180 British ships of the line anchored about to attack the Spanish, who had a garrison there.

Apparently the Spanish were very cruel to the Colombians and were about to ship to Spain a cargo of gold and emeralds. Spain murdered Colombians in massive numbers, and stole from them much of the country's wealth,.The British got wind of this shipment and set sail for Cartagena to try and take the cargo from the Spanish. ( Warning words and actions were very different in the 17th century as they are compared to today's actions. ) I have digressed a little.

Once the Colombian man had told me the story he said that he wished the British had colonised Colombia rather than the Spanish, suggesting his country would now be in a better position. I will always remember those words, brought a tear to my eye. ( Remember a quote from an Australian prime minister

who said thank heaven the British colonised Australia.) Apparently the Brazilians & Chileans are our friends. Argentina? well you can't be friends with everyone.

Mirasol, If Argentina wanted our shares would they throw us out of the window as Putin would in Russia.

Noted your comments, thought of all them, in view of the Israelis being involved, the risk factor of a war for Argentina to interfere with the Sea Lion progress

is l (think ) low.

Point 6 This will be managed. Floating production platform is a concern unless the refit increases its capacity or substituted with a ship capable of at least doubling the processing volume it will be a disappointment but not enough to sell my shares.

Always good to take note of the negatives, pulls me back from cloud 9.

Good post Longtermthinker, I am so committed to this share, sometimes I ask myself have l done enough homework researching, looking for fault lines that l would have not though about ,it would be interesting to get a view from one of the major oil companies on why they are passing on Sea Lion.

Donalb, Young investors l funded my three grandchildren in Rockhopper through sips, the thought of 30 years dividends for them, U mmm they will be able to afford someone to clean their rooms.

Tractorboy01, I will give you a second guess of the Roc share price , should at the same time as fid is announced BP or a sovereign wealth fund are to participate in some way.

Ripley is taking a lot of stick from you guys, he may have his problems, always seems to do things the wrong way around

eg he wakes up every morning at 7- 0 clock and has a Poo, strange as he doesn't get out of bed until 8-o clock.

Could be the reason why he talks a load of Sh-t.

I agree with you 17.1% is a low number for the amount of shares held by private investors.

Alliance Trust, now Interactive Investor hold my ISA, my pension account has a link to Interactive Investor,

together with a investment company l deal with they hold a couple of m shares in RH on my account.

Institutions will have now to pay the price if they want to increase the percentage of shares in the company.

Aoka Mizu good news on the refit, it will be interesting to find out the amount of oil the upgrade will process in a day. Personally l think Sea Lion will need a bigger boat, but l'm not complaining.

To favour current shareholders. Do you think the following would work and how many shares could Sam put you down for?

to put the finance in place early as not to delay FID. Would this proposal be acceptable to FID rules?.

If Rockhopper offers the opportunity for current shareholders to purchase new issue shares at 60 pence per share, payable 10 pence up front and 50 pence

on the announcement of FID a total of 60 pence per share. A fair deal all round, what do you think?.

Warning you could be joining the idiot list and become bitter and twisted, if you genuinely believe in Sea Lion and get your timing wrong by shorting this share.

Should FID be suddenly announced, the share price could move upwards 20 - 40 pence very quickly. If you get it wrong musical chairs comes to mind you are the one left standing, Do you accept your gamble not going to plan or join the idiot list and try to deramp the share price?

A while back I bought a parcel of Rockhopper shares to lower my average price also with the intention of jumping in and out of Rockhopper.

Couldn't do it, chickened out

The Lancaster oil field down to about 6k to 7k bpd production, it manages to hold on to the Aoka Mizu for an extra six months .Extra revenue they probably regard as a bonus for their end of life oil field. A win.

Aoka Mizu Six months extra revenue renegotiated daily rate? Plenty of time for a refit and then sail to the Falkland Islands in time. A win.

Navitas don't want a FPSO to arrive and to be pushed into paying too early when not needed. Another win.

Personally. l don't think the Aoka Mizu has the capacity to hold enough barrels of oil needed for the job, we need a bigger boat, could be Navita are exploring the possibility of cutting the A/M in two and welding in a middle section to extend the ships capacity, sounds hard to do but its relatively simple the hard part is the engineering calculations. the middle section could be built now. ?

Ovets. Longtermthinker's outlook big news to come, Om. funding. Fid, FTSO being released for rig contract to start on xx date. Should all of these obstacles be approved in the next three months my year end forecast share valuation £3 .00 will start to look cheap. I have previously mentioned that a similar

project in the late seventies Burma Oil developing the Thistle field in the North Sea, it was a game changer for me a mirror image of the Sea Lion project.

A big move forward for me, Navitas proving that they have the skills to bring Shenandoah to production without a major hitch, the answer to that we will find out very shortly,

Ralph 2010. I remember forking out for a lot of those games for my son when the games were released, couldn't get him away from playing them. l remember telling him to go outside enjoy the fresh air and play football. He was very good at playing the games, football no skill at all (big boot upfield). Not sure Ralph 2010 if you sold your Amiga and the games collection, but if you want to buy another collection contact Games Galaxy Consett, in the Derwent Centre. they have on stock the -Amiga 500 -600 - 1200 and most of the games you mentioned, sorry l cant help you find a Lotus.

I don't know how low the sulphur percentage in the Sea Lion oil is. If it is 2% or less the refineries when processing the oil are left with a product called petroleum coke, millions of tons are produced and sold around the world and the demand is strong, it looks and feels like coal. A 5% to 6% sulphur Pet Coke, price-wise will cost you around $105 CIF landed in the Uk. 2% Sulph price around CIF $300. If you are lucky enough to have a minus 1% Sulph Pet Coke and the Chinese are in the market and demand is heavy you could be looking at plus $500 if you can find it. Refineries from Long Beach US, Azerbaijan, Brazil and Romania make very good money selling Pet Coke in vessels usually Panamax and handy sized cargoes around the world. So any buyer of oil for his refinery faced with two choices: buy 6% sulphur oil at 75$ a barrel, or $75 for low Sul crude. So refinery buyer you need to buy some crude, WHO YOU GONNA CALL? That's right, Rockhopper. Thoughts of discountng Rockhoppers low Sul crude against high Sul crude ? I DONT THINK SO.

Some who hold shares outside of an isa are selling before 5th April, hoping to buy them back after the 5th of April in their isa's, a bit risky being exposed to the benefits of possible good news this far out from the new financial year, it could be OUCH if they time it wrong.

Argentina's President Milei denies crypto fraud allegations. Some opposition members of congress say they plan to start proceedings to impeach Milei. Meanwhile, lawyers filed complaints of fraud in Argentina's criminal court on Sunday.

Remember the black witch anyone she is the leader of the opposition.