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I think they probably thought they had to release something with recent volatility, so pointed investors towards the presentation and reitterated what they said last time - don't expect anything till late summer. It's neither negative or positive it is just business as usual.

There'd no doubt be a bit of fuel saved in the tow but i'd doubt it'll amount to very much time , that'll be set by yard availability. In-water hull cleaning is also common now, nor would it' be much of a detour or that much cost to pop into Kishorn https://kishornport.co.uk/

That news feels really exciting. Getting to bigger income quicker really strengthens Rockhoppers position in a takeover bid. Also signals to me that Navitas don't really need a third partner and therefor less threat on our our 35%.

Could it be that a fuel (oil) shock is just what Ed and the government need / want to stimulate the climate agenda, and that panic at the pumps whilst being able to blame others plays into their hands?

Well picked Golden!

Yes, also ridiculed were those who had anything other than "we're all going to be rich" - special vitriol pointed at Scott. Look where we are now!

Seems possible to me that the introduction of one of UK's richest men as the Chairman of PANR, and our sudden and unexplained rise could be a signal of a tie-up between 88E and PANR. 88E board are lightweights, PANR Board now looks very strong. Any reasons why not (except we'll never get 7x i still need to break-even!?)

good morning, i'm in the same boat. i previously opened a thread about this on t212 community.

https://community.**************/t/rockhopper-open-offer/89442

I still can't get my head round this:

Is it not both a buy and a sell, and whether it's happened above or below mid-spread defines whether it's described as a 'buy' or a 'sell' ?

It was Navitas/Rockhopper that brought me here (the only reason). There are precious few investment opportunities in Falklands O&G, and now ECO have a boot in each of the two most prospective camps.

FID on Sealion cannot help but be a major stepping stone towards the JHI Associates Pl001 license being drilled in which ECO has an interest.

However, with Sealion FID expected any day now, it may well be that the rise we are seeing now swallows that boost right up. And, reading-up a bit on Guyana, it seems ECO is not just a short term bet on Sealion FID i though it was

@EG777 Thanks very much for the explanation. I've got ii account and T212, it really bugs me that T212 is shady about the bid/ask and doesn't do 'quotes' and you have to take it on trust that they've got you the best price. Although they say it's not how they make their money i assume it has to be.

@EG777 For the sake of increasing my understanding, would you mind explaining to me how you get to know that? And, does it mean that HL have a buyer(s) who's limit order is 78.8?

That was my first thought too. Cost more than we planned, going to need more money .

I'm afraid this might be an un-popular view, but I suspect it's not been fully signed-off, and that sign-off is the last piece of the puzzle but its also the thing that's going to push FID out into the new year.

If it was all signed off before government business was completed for the election, there's not a Govt in the world who wouldn't want that crowed from the roof-tops pre-election (pre-purdah), and in my view, that means it wasn't done by then.

The new Govt aren't likely to do much until their feet are under the tables, and that looks to me like January.

However, whilst it's maybe not good for the share price over the next few weeks, it's irrelevant in the longer term.

But, Navitas did take a sudden hit yesterday afternoon just after 2pm and just before both RKH and BOR followed suit. That did spook me and considered hard taking profits. As it happened I didn't but was prepared to this morning.

I'm not experienced enough to know if all the talk of MM Manipulation, Bear Traps and Tree shakes is everyone's way of rationalising or reliable phenomena, and if so how to protect.

I'm in at an average of 40p and I've got a strong desire to Stop-loss at 65p, on the proviso that I want it to be below 'bear trap, tree-shakey territory. That way the dip was a harbinger of bad news one got out at the right time, if it was a temporary blip and no bad news came you can get back on the elevator which doesn't seem to rebound as quick as it falls.

Any comments on that strategy?

I'm modestly in Pantheon Resources, PANR. They're currently flow testing an Alaskan well with results due imminently. They've got a gas offtake agreement which is a cornerstone of a new Alaskan gas pipeline. If the flow tests are positive I expect a multi-bagger. If not, it'll be whatever the opposite of multi-bagger is. It's a pure AIM gamble, potentially better short term upside than here.

Or the moving of the election and FID are totally unrelated.........

@ Squirrel, I'd like to understand, how can we see they're desperately trying to close the short?

*******s, the share price is here because the company was forced into making a nothing rns by people like you.

I Agree too. This is a case of this board should have been more careful what it wished for. Company repeatedly said they didn't want to report till there was something material to report, then were pushed into reporting stuff that wasn't material, at a time well before they expected anything material, with a report that naturally didn't have anything material in it, now the market is cranky that there was nothing material in the report.

I think it'll re-bound.