Member Info for buzzthomas

DeusExMachina, yes misread Croft post. Too early in the morning.

ICSID running scared IMO

Very disappointed in ICSID leaving the result of arbitration until 2 minutes to midnight. An extension is now disappointing and enevitable.

CitizenTS, agree with you 100%. I'm actually surprised RKH shareholders haven't sued the Italian state. Many investors lost their shirt because of Italian actions.

CitizenTS, agree with you 100%. I'm actually surprised RKH shareholders haven't sued the Italian state. Many investors lost their shirt because of Italian actions.

DeusExMachina, I would agree any award will be a complex calculation. The failure of the Italain state to honour the production of oil from OM has resulted in a well funded oil company on the verge of going bankrupt. RKH could have sold a producing OM field and we could now be on the verge of a producing Sealion field. As I say a rather complex calcualtion but I will be disappointed with anything less than $100m

Financial risk

The Group is reliant on a small number of significant customers, partners and grant funding bodies. Termination of these agreements or grant polices could have a material adverse effect on the Group's results or operations or financial condition. The Group expects to incur further operating losses as progress on development programmes continue.
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I thought we were told we had a growing number of customers no?

Judging by the steady buying others see real value too
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Really? Are you serious? Real value?

Octopus Investments Limited. Yet another investment company offloads? Another one bites the dust? No

Boris Johnson should have moved on this long ago to help out UK energy security. Good riddance to him. Hopefully the new PM will see the benefits.

Technical bounce.No ?

Company been able to supply porotypes from their Southampton pilot line for years? No ? Still no firm orders since there have been no RNS's? No?

Can't see any meaningful revenue for years and years.

Just listened to the presentation and im my opinion Graeme Purdy totally dodged the question regarding the length of time to FDA approvals.

rossannan, investors will use their warrants with their own playbook. Exercising them when the share price is barely above 9p seems foolish. Surely wait until a clearer picture emerges of progress.

Headquarters might be in Washington but judges live in Europe I would bet.

Europe closes down for summer in AUG so OM ruling before AUG 1st or delayed by 2 months to OCT IMO

CroftOriginal why on earth would anybody cash in their 9p warrants at 9p !!!???

Surely the beauty of warrants gives you risk free exposure to the upside of a stock. I can't see invstors cashing in their warrants until Sealion FID story becomes clearer or Y/E 2023 which ever comes first.

https://uk.advfn.com/stock-market/london/mediterranean-oil-gas-MOG/share-price

Reading up again, surely RKH will win the arbitration case!

DEM you forgot to add Goldman Sachs to that list. (Just saying)

;)

Someone just needs to ask the question at the next meeting how many years does FDA approval take, has the application even started yet and how/who has to apply for it, Ilika or OEM's ?

I don't think shareholders are going to like the answer.

Surely they want to drill all the wells in the same year to save money ?