Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Neilius. here's a question for you. Why was RKH trading at 9p for so long? Why 9p?
Neilus its all about risk reward. 12p (£60m M/cap) is very cheap on a risk reward basis. We know Navitas and RKH were in the Falklands to meet the Gov a few weeks ago. If you wait until the green light is given I'm pretty sure you will be paying way more than 12p. (Don't forget the OM award is worth ~20p alone)
A question for any oil men out there. Is it possible to carry out an exploration drill with the same rig that will carry out the FDP ?
pauldrayton, if Navitas/RKH give Sealion the green light I hope they commence with another "poke" at Isobel. Now that will get the excitement back for sure, as you say Isobel could be bigger than Sealion.
I knew someone else who used to say " kit-kat"
Any idea who that was M-D?
https://www.bloomberg.com/news/articles/2023-03-05/oil-dips-on-china-s-cautious-growth-goal-as-fed-concerns-linger?sref=866aH6XX
Bring it on. Perfect timing for Sealion production.
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/