Member Info for CitizenTS

Alma's saying precisely that an FPSO is indeed what's needed but that it can start as a tanker and be Geordified into an FPSO.

Makes a lot of sense, especially on timing and economics.

And a USD 1.3 billion cost to first oil, all borrowings could he repaid within 12 months from first oil !!

... is this the sort of stuff on his single issue campaign that latics wants a "safe space" for here, with no challenge allowed?

Said earlier that the contractual bar meaning any third party entry comes out of Navitas' share was a good piece of foresight. Point stands so far as we can see here.

One of the (many) good things about the contract with Navitas is the foresight embedded in the agreement that any third party introduced will come out of Navitas' share.

Important part of the contract.

No need for Chat GPT, just search ICSID then enter Rockhopper on their site search gets yo to

https://icsid.worldbank.org/cases/case-database/case-detail?CaseNo=ARB/17/14

Scroll down to the bottom.

Quite transparent really

Re overleveraged/ghastly godders

peeps on here should know this guy was so over his head he couldn't afford to subscribe for all his 7p shares.

Has said he asked his wife but she wouldn't help.

Talk about desperate ...

@stillneedoil, recommended your post but was wondering, might we be better off encouraging chess to head off over to telegram??

Ha, that Mr market crapnis prived wrong e ery tine a share price moves

??

Yeh but, laxative, you're on a single issue mission; it's your own trip.

There's a good argument most shareholders have bet against you

Someone stuck another label on his forehead and switched the cassette back on

Misunderstood the content of my post chessmess. Firstly everyone including myself expects at least a portion of the award to be sold at the right time. Nothing added there. More interesting is what might be got for that.

But secondly don't take your quoted historical example as something to extrapolate from.

Hey Chessmess, wouldn't be so inclined to talk in certainties. Not really how the world works you nay like to know.

Just consider, for example, that sometimes the future is different from the past ...

Wouldn't claim expertise beyond that of an educated layman but some of these cases have spent years establishing a precedents on Sovereign immunity for ICSID enforcement. In certain jurisdictions (eg Australia, UK) that defence is pretty much in shreds now.

Our circumstances are diffèrent. We'll be in the fortunate position of riding along in the wake of the trail and precedents already established.

That's what happens.

A week or two ago you were bleating about the hedge funds etc NOT taking the warrants

make your mind up

Well, spread does look pretty wide just now, 12.55-13.85

Institutional holders would be exercising and holding. It's a tiny thing by institutional standards with no possibility to meaningfully trade. They'll decide whether to exercise at the last possible moment - pointless to tie up cash that could be earning interest when precisely the same terms are available later.

Laxative knows this but is happy to go on with his nonsense in pursuit of a single-issue agenda

Yeh but you always say that

Now that counts as insight :)

@DodgerRoger

don't see chessmess as a bluffer, shows none of the self-awareness or vision to realise when he's bluffing.

Really does think he's always right. Just a pompous git.