Member Info for buzzthomas

Navitas /RKH radio silence is very shrewd I would think. Why give Argentina any information to cause problems to th project.

https://www.ilika.com/investors/shareholder-analysis

It looks like U.S retail investors are being left to hold the baby. I seem to remember the days when institutions held over 50% of the stock.

Same old people spouting ****e. News soon ilika will close down its stereax production line soon to cut costs in my opinion. Watch this space.

This has got to be a positive step in the right direction
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Doesn't bode well for their current set up I reckon. I think the interims are going to be a disaster.

If HBR came back to FI they wouldn't farm in they would buy out RKH. Better economics for them.

It's almosr certain in my view that Ilika will run out of cash in the coming years regardless of filling the production line. Who will put more cash into this money pit?

Can't sign the paperwork until cash in bank.

DM would have stated if they cash to drill without a fund raise. Capita raise on the way. AIMO

Anyone want to tell me i don't know what I'm talk about now. Red flags were everywhere.

Someone posted (I forgot who) that the initialcase judgement was awarded at the very last minute to stop Italy from trying to delay further.
If the above is true could we possibly see the panel waiting until after Dec 24th 2022 (Itay's appeal window) to give their ruling on Italy's annulment appeal ?

SecretBlueprint, I think you are missing what I am getting at. RKH's lawyers must have known they will not get paid until Italy pays. They must have been comfortable taking on the case knowing Italy would appeal. So in essence they must think Italy's appeal would be fruitless if RKH won the case.

Nobody seems to have mentioned that RKH's solicitors would have been fully expecting Italy to contest any loss and would have factored this in before taking on the case.

If I had to place a bet on a partner for Navitas /RKH I would say Israel Delek over GENEL.

Tel Aviv-listed Delek Group too after the Ithaca IPO next week.

https://www.reuters.com/markets/europe/ithaca-energy-ipo-value-company-up-36-bln-bookrunners-2022-11-02/

It was pretty obvious to all that Italy would travel down this route. No surprise here. Italy hasn't much to lose by trying it on. That's excatly one of the reasons the award comes with compound interest.

As the pound declines our Euro denominated quantum increases by the day !
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Depends on what currency we need to fund Sealion.

pauldrayton, excellent result for RKH but I think they will probably have to "sell" the award. Going down the court route to asset seizure will be to time consuming. IMO

Are ICSID going to bottle award?

NO. Rule of Law alive and well in some quarters.

Need to collect the award now which could take a few years which probably explains the share price today. AIMO

Did Gerhard Schroder and Germany lead Europe down a blind alley relying too much on Russia for cheap gas with the agreemnent for the Nord stream pipeline. (gerhard schroder now having a board seat on Russian oil/gas companies)

Italy energy policy was probably part of the cheap gas from Russia policy. (Nord stream)

RKH should not have to pay for a failed European energy policy led by Germany. IMO

ICSID appear to be dragging this claim and award out. My biggest fear is they are going to bottle this claim against Italy due to subsequent claims waiting in the wings.