Member Info for ChessGambiteer

Who wouldn't be happy banking a 'risk free'10 Bagger 🤷‍♂️

Well said Alma, as I said yesterday, its very poor form and wholly inappropriate for a director to be selling shares in Rockhopper just after the unsuccessful OM case & apparently only months before FID. It doesn't send a good signal to the market.

They should be buying if they're confident of FID not selling. Yes, its a relatively small amount but it nevertheless sends out the wrong signal.

Its funny reading all the posters boasting about topping up at 46 and taking Alison's shares but where were they at 4.5p/7p & 9p, that's when you get the bragging rights & when you oversubscribed to the placing by 100,000 to get 50,000 warrants over and above your allocation.

I was very happy buying at 4.5p/7p & 9p but I wouldn't be happy or brag about buying @ 46p when there has been No material news since I bought other than OM was unsuccessful.

Hey Geng, I was Schachmeister from the Amc board....Been here since 0.60s and expect a positive Q1 update.

Are you in Eua ? Primed & Ready to blow on Ceasefire !

Platinum is up almost 20% over the month, this can only be good news for Eua holders .

It seems things are slowly coming back together for Eua with the Peace Talks & rising metal prices.

Theres a few share price enhancing catalysts to look forward to here over the coming months with the Kazak listing & possible ceasefire so my strategy is to continue accumalating at these lower prices in readiness for the upcoming events and I'm talking about events that will see this multi-bag regardless of any sale news.

Well its not a large amount but surely a Director of a £300mln listed company cannot be all of a sudden so cash struck as to need to sell 50k shares a few months before FID ?

Its not good pr for the company and it doesn't look good so why is she selling shares just before the alleged main event ?

Surely the Bods should be buying before this company making announcement not selling think 🤔

Surely she must be Mad selling shares just before FID ?

Or perhaps not 🤔

On the Contrary Moggsey,as you should remember, it was me who consistently questioned ' funding issues /'and I have, to date, been proven correct on this !

I recall many posters lambasting me for questioning the funding issues and here we now are, after 4 years trying to secure funding with not one but two failed FID targets because they cannot secure funding.

On the plus side, its been an amazing journey, I was buying Rocky at 4.5p in 2020, and I geared up heavily at 7p, subscribed to the placing and applied for and got 150k more than my allocation and exercised all my warrants so I am very pleased with the spectacular sp rise and believe The Rock will get there but that doesn't mean I have to believe everything I hear so I kindly share my wisdom here for my followers and to add some balance to the cheerleaders who only see what they want to see rather than the reality.

Don't get me wrong, GT is top draw and I expect him to pull this off but there's clearly issues with funding as stated by the Rockhopper Director last year when he stated the biggest impediment to FID was funding.

So after 4 years of trying to secure funding its difficult to believe funders are only /still at the 'due diligence' stage as stated.

Far more likely for funders is that Nav are, at this moment in time,simply too high risk, already being in debt up to the hilt in relation to profit and funders have seen too many over leveraged oil companies, like Pmo/Tlw etc go to the wall, which makes them sceptical about lending $1.4 Billion to a company already swimming in debt that hasn't,to date,returned significant profits nor secured a larger partner to offset some of the risk.

So my take is after Nav shows consistent production on Shenandoah, a smaller funding package with say 25/30K bopd to kick off with, (9/10k net to Rock) possibly lower if Nav can procure a larger partner to share the risk, could be achieved.

Time will tell who is right but as long as the basin gets opened that's what matters, production will then increase over time and long term holders will be amply rewarded.

23rd March 2024 Navitas Target SL FID in 2024.

This Navitas Statement is Plastered All Over the Internet !

2023 is well before Shenandoah production so your talking Nonesense Drayton.

Please take the SL Glasses off they are making you Deluded !

Nick......So if, as you and Paul say, FID was always dependent on Shenandoah production...WTF did Navitas state SL FID targeted Q4 24, which was before Shenandoah Production !

Navitas's statements do not tally with Paul Drayton's?

Also, they've been 'unsuccessfully' trying to secure SL Funding for the last 4 years . Fact !

I'm not saying they won't secure funding, I'm simply stating the fact that FIDs been delayed twice now because they could not secure funding and after 4 years, funding is delayed because of due diligence...pull the other one !

Take the SL Glassses off Drayton because SL FID was targeted by Navitas "Before" Shenandoah production (SL FID Q4 24) so how the feck could SL funding be dependent on Shenandoah production ?

HiramAbiff....Its Strange that as you say, Instuitions are 'Standing in line' to give him money yet FID on SL has been delayed not once but twice now because of no funding and that's after 4 years trying to secure funding so the facts do not add up with your statement,although I do agree GT is a respectated & talented player and only a fool would underestimate his ability to deliver but Nav are already swimming in debt and to take on another $1.4 Billion for a company of their size is a tall order with their modest production and that's why financiers are reluctant to increase funding as proven by the two delays and unsuccessful funding attempts since 2021.

1.30 must be imminent !

The MMs cannot hold this back, one can only imagine how it will fly on a positive update.

'Es Pen is ', You really are pathetic, everyone already knows Russia will not accept unconditional ceasefire.

Why would they in the favourable situation they are in ? Ukraine, on the other hand, are losing more of their country every day, they've lost over 500 square km in the last month alone so naturally they will accept pretty much any terms as the alternative is lose more & more of your country.

Investors pushing this north in anticipation of a positive update after the recent comments of the Ceo.

Very tight float and often difficult/impossible to buy in size so good potential for a very significant rise on a positive update.

Those sanctions with 500% Tariffs on any country buying Russian Oil are hot air and can never be implemented because it will hurt America massively too if they stopped Trading with China/India & every other country that buys Russian oil.

The World's economies would crash if this was ever implemented so its a non-starter, just a bit of hot air that both Trump & Putin know can Never be implemented.

Peace is coming...Be Patient !

1.19 Paid , Onwards & Upwards !

es***** ...you forgot the lol at the end of yr post.

what utter tripe you right, your sure there won't be peace coz ukraines attacked russia ?

anyone with half a brain knows both ukraine & russia will hit each other as hard as they possibly can before they begin serious peace discussions to strengthen their bargaining power .

that's just basics & obvious , yet you ridiculously believe there cannot be peace now because of this 🤣😂😅 absolutely clueless