Member Info for CitizenTS

Meaning lufc's second para from 12.49

' ha! Thanks for asking 99. Thought unlikely Navitas would have replied. And your second para is your own words as well presumably. Original post is all ever so slightly confusing/misleading if you ask me.

Lufc, see currently stated position here https://navitaspet.com/project/the-sea-lion-field/

Aiminvestor/James G says " 11 pence on the news that fid is delayed til next year. Fid 12 2025 that is my bet." Np its not; unless your now a net short. Just another fantasy post.

It's one pot aiminvestor, lets not pretend you would have these without an inheritance. Not a good look to state so emphatically something that's not quite right. Impairs your, errrr, "credibility"??!!

Bleagh, Aim funds seeing some redemptions on risk Reeves axes IHT exemption. Quite possible imho!

Penny dropped! James Godbold offered to get involved with rkh management but was turned down as he had nothing to offer.

So aiminvestor, the man who other peeps on here think is James Godbold, has gone quiet for a while since the share price just ticked up a little?!

To add to the debate, anyone think goings in the middle east might influence this share price?

Found it. Just another admin guy that wants do something else. Not done much with a Durham degree.

Hey Alma, send us the link for james's linkedin page. Post it here.

Sounds like an auditor thats run out of road if you ask me. Wants to do something else but has nothing to offer.

Alternatively we could hear from ICSID tomorrow - ish??!!

After all we may end up with ICSID concluding before sanction/FID (and both before the y/e). Nav/Rkh would likely have waited on insuramce as it would only be necessary if sanction was envisaged soon and before ICSID.

Was FIG a driver?

Fwiw I thinknthe FID step onlynhas any meaning if you're paying out of cash flow. BP can meaningfully FID and then decide for themselves when to spend their own money and sanction.

Howver if you're project financing then the words say it. Unless peeps in another universe are going toncommit thebfunds but give Navitas some sort ofnoption that they might use to not go ahead, then the project happens when the financing happens. One announcement - sanction.

Had thought insurance would come at the same time as well and that woupd indeed, imho, have been the dynamics as I see it, at least as far as Nav are concerned. Something else may have driven doing it now and am interested to see Alma's post, was it yesterday. Was FIG at least part of why insurance it was done now? Would make the 31 Oct licence extension a slightly more significant event.

' oh, and as for assasinating your character, that's a job you've managed very well all by yourself.

Aiminvestor, previously known as James Godbold, expect he's as wrong down here as was when buying nearer the top.

We'll see

Rab is the one that bought Northern Rock before '08. Been in wind -up mode virtually since then methinks.

Ha! Re William Philip Seymour Richards an HNWI. Maybe? He's the founder of RAB Capital! But is basically being wound up/liquidated..

Re share price, the actions taken target SL sanction and illustrate the puvotal stage we're at. However for those not following this one so avidly today's announcement may have sounded like 4m unanticipated insuramce costs and 7m unanticipated Italy costs. But for peeps here who may have fretted about dilution to get SL done and abandonment costs in Italy, the decks have now been cleared.

The insurance action is, even Mr Godber might allow, particularly friendly to individual investors. I can well imagine large diversified institutional investors saying that OM is a risk they know but such risks are diversifed within their portfolio. Almost all work, some don't, and they could subscribe to a fund raise to get SL done anyway.

I'd go so far as to say that the insurance might suggest the absence of enough large diversified AIM investing funds to determine the dominant view.

Rkh is now SL sanction ready - for the first time and without dilution :) .

For the first time since Navitas was involved (and a long long time before that) rkh is sanction ready!!!!

Sees off the last of dilution worries to sanction Sea Lion.

Existing shareholders (unfortunately may include aiminvestor/Ja.es Godbold) will get it all come the day.