The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
You stupid stupid investors. It was all too obvious. The fact that batteries cannot even be sold into medical products until medical clearance has been given. If that is FDA clearance you will be waiting years. Ilika haven't even indicated they have started the process and of course you stupid stupid investors know why that is? AIMO
More blah blah blah today RNS
BP and Shell have huge debts and RKH will have none after year 1.
A p/e of 10 easy achievable because of follow on fields. ie Isobel.
Yes we know you are negative but your persisant constant daily posts could be considered market abuse. Be careful.
Godders99 why are posting negative @@@@ every day even though you declare you are fully invested. What is your game?
FIG gives the greem light to RKH/Navitas H.O.T and then Delek buys out RKH for a Navitas/Delek project ???
Someone still appears to be mopping up the shares ~ 8.6p
Hl have paid divi into may account. What i did notice though those people who elected to have their dividends paid in sterling got nearly 26p a share more than the uk dividend. Does anyone know why this is ? I think it may be to do with Australian Dollar Rate uk got 306.72p those who elected to be paid in GBP £ got 331.?? per share. Its similar on Special Divi as well.
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eldner this is a really important point. I got this email reply from Rio PR today :
The currency exchange rates set out in the notice as those which are effective for shareholders who elect to receive their dividend in a different currency from what it is usually paid in. i.e. Rio Tinto Limited shareholders who elect to receive the final and special dividend in pounds sterling (rather than AUD) and Rio Tinto plc shareholders who elect to receive the final and special dividend in Australian dollars (rather than GBP).
As it sounds like you are a Rio Tinto plc shareholder who has made no currency election, you will therefore be paid in GBP at the amount that was stated when the dividends were declared.
Someone appears to be mopping up all the sells inc the 12m a few weeks ago ~@8.6p
4. A combination of OM award and Rights Issue.
How will RKH fund their $100m?
1. A large OM award
2. UKEF
3. A guaranteed approval of FID backed by a Rights Issue of 1 for 1 @ 20p
Godders99 , i agree with you for once. OM arbitration are running scared of the environmentalists. The law must prevail, regardless. AIMO
I believe Navitas think they can raise $500m via debt financing.
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I should have added that requires Navitas and RKH to raise the remaing $500m for a downsized $1bn project
I believe Navitas think they can raise $500m via debt financing.
Apologies to Sam from all the doubters.
Now just need the OM award to see RKH fly.
pauldrayton, I believe there was talk of the new Sealion project being scaled down to a $1bn project producing around 50k barrels. $500m would come from debt financing leaving Navitas and RKH to fund the remaining $500m. RKH's share would be 35% of $500m ($175m) but Navitas will provide a loan to 2/3 of RKH's $175m.
Do your research before talking phish hydrates.
In the event of a positive FID, Navitas will provide an interest free loan to Rockhopper to fund two-thirds of Rockhopper's share of development costs (for any costs not met by third party debt financing)
If rumours are confirmed Tuesday morning we just await the OM award and RKH will be flying once again. The stars are aligning.
Well done Sam.
Wait for Tuesday RNS and all the usual suspects "waiting on the sidelines" to try giving the deal a kicking.
Well, well , well.