Member Info for buzzthomas

The FI should be able to self govern and possibly set up a sovereign wealth fund , same Norway from oil revenues.

Henrygroucho,

https://www.google.com/search?client=firefox-b-d&q=which+country+produces+the+most+oil

US producing record amounts of oil and has far lower energy costs than UK. The UK is self harming for childish reasons.

On a side issue I see The U.S is the largest producer of oil in the world. The UK need to put aside its childish world saving ambitions and "get real"

Clearly there are a few scare stories around, whether justified or not. I think the share price reflects this fact. If Sealion gets the go ahead I think the RKH share price will race ahead.

Https://www.reuters.com/business/energy/nigeria-approves-exxon-seplat-128-billion-deal-oil-regulator-says-2024-10-21/

Any account investors here? We know there will be tax to pay on OM award payment. Any thoughts if there would be tax to pay on Insurance payments. ( I've never heard of tax on insurance claims)

RAB probably sold to avoid Labour's proposed CGT raid in the budget.

UK producing less electricity now than 40 years ago apparently. Man has always used the cheapest form of energy hence why China and India are using coal. If renewables were cheaper than fossil fuels there would hundreds of new companies providing the service making more profits than fossil companies. IMO

Aiminvestors, I can't believe I'm wasting my time responding but who was it that managed for the share price to reach such highs in the first place.

Just stop all this nonsense posting.

Well played RKH board. Sam has received some unfair criticism from some posters over the years.

Nm

Where is this quoted please ???

It’s telling that in the latest operations update, the CEO specifically stated, “Our focus continues to be getting Heron-1 on stream as soon as possible.” Any further delays in achieving production could spell trouble for the company, especially given the capital constraints.

I'm talking about this

The land access granted is valid for five years, and this local level approval allows work to go ahead whilst the central government's process to certify the Block XX Exploitation Area as State Special Purpose Land is completed.

The 5 yr lease thing don't help does it !!!

I suspect nobody wants to answer for obvious reasons.

Has anyone worked out how much money the directors put into the share issue compared to how much they will take out in wages the next year ???

Hardboy get you facts correct before posting !!!

Alexeliasson, no cynisim. Thanks for the reply. When will we know the answer to that?

Yes what is the Lockbox-setup ?

Won't believe it until is see an RNS