Member Info for Daikihaku1

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R1234

Indeed that may appear like a long wait, but don’t forget that the excitement of drilling, the steady flow of well spud RNS, drilling results, net pay numbers etc will start much sooner. There will be lots and lots of data to discuss and analyse, and we will see a reemergence here of some high level posters who will all the info in layman terms to those of us who don’t work in the Oil industry. Add in the massive news coverage, renewed investor interest, steady share price increase and the chance of new discoveries and both this board and the rockhopper outlook will be unrecognisable.

“ to be ready in mid-2027”

Oh no, don’t tell Aim please… we will never hear the end of it 😂

Thanks! I’ll wait for Moggers recap.. 😁

Lol, if anyone knows about credibility issues arising from saying one thing and doing another, it would be you, wouldn’t it 😂!

Chess, you are right about those examples happening in a different era with respect to appetite for oil investment. But using that same logic, it would be fair to assume that the current share price of such companies (pre FID) are relatively more suppressed today compared to what they were then when there was all this talk of peak oil etc. Hence the percentage increase in share price upon reaching (arguable rhe even bigger milestone today) of FID could easily equal or surpass those examples. The perceived risk/likelihood of failing to reach FID is much much higher today than then, and this is reflected in the share price, and for that reason oil investments are simply not on the radar currently. So I would argue that that the reaction to FID could easily surprise to the upside rather than disappoint.

Just speculation on my part, but that’s my feeling.

I asked ChatGPT to give me examples of share price appreciation for sub 100 mio usd oil companies following reaching FID. here is what it spat out

Just for fun, don’t read too much in to it 🙂 Have a good weekend all.

When small-cap oil companies (under $100 million market cap) reach Final Investment Decision (FID) on a major discovery, it often triggers substantial share price gains, as it marks a shift from high-risk exploration to potential revenue generation. Here are key examples:

1. Hurricane Energy - Lancaster Field, UK (2017): FID led to a 275% share price increase within a year, driven by pioneering work in fractured basement reservoirs.

2. 88 Energy - Project Icewine, Alaska (2017): Share price rose 150% as FID on this unconventional Alaskan resource attracted investor enthusiasm.

3. Aminex - Ntorya Gas Field, Tanzania (2018): Reaching FID doubled Aminex’s share price, reflecting investor excitement over local gas demand.

4. Victoria Oil & Gas - Logbaba Gas Field, Cameroon (2011): FID triggered a 200% price rise, as the project offered ready access to Cameroon’s market.

5. PetroTal - Bretaña Field, Peru (2018): FID sparked a 125% increase as the company moved towards significant production.

6. Eco Atlantic - Orinduik Block, Guyana (2019): FID with major partners led to a 300% share price rally on Guyana’s oil potential.

In each case, FID on a transformative project reduced operational risk, paving the way for production and boosting investor confidence significantly.

“ Only a fool would buy and hold an oiler ”

Thanks Haemo… you just managed to insult me and pretty much everyone else on this board with one sentence. I could have used that particular piece of valuable advise from your superior intellect 15 years ago 😂

Have we just moved from”Imminent” to “on the brink”? 😎

Exactly my position as well Squid. Not bothered about the timeline although I do take comfort in the fact that Navitas is in the driving seat rather than RKH. Let’s hope Gideon executes as well as the IDF…

Buzz, the Tesla I bought came with a guarantee of minimum 70% retention rate after 120.000 miles or 8 years. That’s pretty decent I think and batteries will likely keep getting better. As for your point about how/where to charge them all in the inner cities- that’s obviously a massive challenge, and there is no doubt that petroleum cars will be needed for decades to come. But for someone like me, with a garage where I can charge daily, it is completely hassle free and cheap to charge and an absolute delight to drive.

I am by no means part of the EV cult, but nor am I a hater. For me the pros of my EV outweigh the cons, and I don’t think the issue have to be so black or white that some makes it

Buzzthomas, you have the same issue with second hand petrol/diesel cars. You don’t know how they have been driven/maintained etc. there are way more parts that may fault than an EV. AFAIK the condition of a car battery is measurable.

I don’t understand the hate some people have for EV’s. I am on the fence on the environmental argument - I simply do not have sufficient knowledge to be able to offer an unbiased opinion, but for me it comes down to driving comfort. I own a diesel car and a Tesla. The Tesla is hands down the best car I have ever had both in terms of comfort, performance and so far zero maintenance costs. Everyone in the household much prefer to drive the Tesla over the Peugeot.

It really is amusing how emotional some people get it comes to discussing for or against EV’s.

..from the accumulation of interest on the OM award? Or was those interests sold off together with the award itself? Just trying to decide how annoyed I should be with the seemingly endless amount of steps in this saga…

Daikihaku2 -700K

Rot1 - 521k

Bigfred - 210k

CanYouDigit -1,265,782

P777 - 309k

BuildersBum3 - 2.8m

“ without the abuse if possible” what a preposterous thing to suggest, lol.

My personal experience with stocks in general (and rkh in particular) is that they mostly end the day lower than they started.

Hope that helps

Have a good weekend all

Hmm the way oil is dropping at the moment, inflation should drop even sharper in the coming month. This suggest that the fed is way behind the curve with their rate cuts and may need to get more aggressive. So cheaper financing on the cards, possibly further reductions in Sealion development costs if low oil price puts higher break even projects on hold. And then 2 years of development while we await a massive spike in oil price due to massive underinvestment in new projects for the past 10 years (as suggested by the Exxon report recently). Frustrating to keep waiting for this, but the big picture could be lining up perfect for RKH at long last…

Ahem, if the trend of my rkh shares since 2010 has been my friend, I would rather not experience an unfriendly trend!

That’s fine site me. May even bring development costs further down, and set up the mother of all oil price spikes just in time for us to start to produce 😊

“ we have to accept, that in the main, the market is simply not interested in rockhopper ”

and therein lies the opportunity!

yes oil is hated at the moment, hence we are undervalued. but the imminent doomsday from climate change will be replaced by some other panic eventually. whether politically orchestrated or caused by the irrational human tendency to groupthink and fixation on armageddon.

in the 60’ies we were all going to die from starvation due to overpopulation and lack of resources (world population has since doubled and quality of life increased overall). in the 70’ies we were facing extinction due to an imminent new ice age due to a 6 degree drop in temperatures caused by air pollution. in the 80’ies we supposed to have all our forests wiped out due to acid rain which in turn would spell disaster for humanity. each and every doomsday scenario eventually gets replaced by another and so will the climate change panic. and when that happens and the woke movement grows up, then we will be faced with an “oh ****” moment when the underinvestment in oil during the past decade comes home to roost. and that’s when i plan to sell my rockhopper shares…

sorry for the rant

If we receive 70m, financing and FID is announced without the share price moving up, that’ll be the opportunity of a lifetime. When Navitas announce FID that means sea lion is a certainty, and RKH would then be more or less fully funded to first oil. It would almost be criminally negligent not to take advantage of the insight us who have followed this saga possess. I know I will, despite an already serious overweight of RKH shares in my portfolio…