Member Info for Daikihaku1

I would be more worried about Trump if we already were producing from multiple billion barrel fields. He needs instant gratification and “results” that he can use to satisfy his stupid Maga base. Trumps doesn’t seem to have the slightest interest in strategic longterm planning, so this is much too small and insignificant and much too far in the future before oil is pumping. There are may other places where I would be more concerned about the Americans. They do have an impressive talent for finding oil in the countries they liberate don’t they..?

There is issued 50,3 mio warrants at £0.80. Those have to be exercised before 31 July 2029. So £ 40 mio additional funds to rockhopper if they are all exercised. I’m having a hard time imagining that not being the case…

Thanks Mirasol, but doesn’t that contradict what it says in Navitas latest presentation? Exact wording:

Exploration tail addition on 1st development well

• 53 MMBO certified (2U)1 from Gwendoline for ~$5 MM

Hmm Gwendoline has a COS of 68% only surpassed by Beverly in the NSAI reserves report from February. This is very high, but I’m still baffled to learn this. What are others view on this? I’m leaning towards getting to production as fast as possible before exploring, but I’m sure they have their reasons..?

Sorry for spamming the board with this

Im scratching my head about this.. so the first well will be an exploration well?? Would love to know the rationale for doing so. If successful, would that change the location of some of the planned development wells. Sorry If this has been discussed before, I must have missed it

Ah sorry- found it on page 14 - in English even 🙏

Many thanks LTT, that’s new to me. Could you point me towards a read on this? I’m finding it tricky to decipher Navitas’ march presentation in Hebrew 😅

Hi citizens, interesting observations/musings. I’m not too worried about further dilution, as

1. Any future capital raise will likely be from a much higher level than today’s shareprice.

2. I think the market reaction would be positive towards a high chance of a second discovery through a modest capital raise or small farm out, as long as we have Sealion keeping a floor under our company. We are no longer the binary bet we used to be and the macro picture is completely transformed.

3. I wouldnt mind finding more oil 😁

D

Cheers Rpoodle, very much appreciated🙏

As you may recall I am a long time RKH investor and I just dont think I could bear another 15 year wait to get to production here 😂

I find et hard to get a sense of the timeframes we are looking at here. We are looking at a potential supply disruption with significant impact. This makes Pulsar all the more intriguing in a market that was already tight.

But assuming we sit on a large and recoverable helium asset, what are the realistic options to monetise this apart from hoping a bigger player with deep pockets buy us outright and takes this to development.

Is the goal here to become a producer, and if so, what will it cost and how long will it take? If it’s a 10 year wait, I might just stick these in the bottom drawer..😂

Would love to hear from those of you with a better grasp on this industry 🙂

Kind regards

D

…Singles out Helium as a critical commodity currently affected

About 1:00 in

https://x.com/theeconomist/status/2037200414995620288?s=46&t=TDsqXKlBiYe9VsY4I0TFcw

Fun story Brightspot. But with a current NPV of RKH’s Sealion share alone at roughly 3£/share, you can tell your friends to do one with their 50% premium to todays share price.

It is the first time I have heard of “significant international companies” showing interest. It’s hard to imagine a better geopolitical background to negotiate a from than what we have currently. Add to that years of underinvestment by majors. A huge new oil province in a stable quiet part of the world with low tax and low extraction cost, must start to look very attractive

Im not sure that the price which would tempt us retail investors has much relevance if we get bought out. But the NSAI report commissioned 31 dec 2024 values RKH’s share of sealion at usd 2,3b or roughly GBP 2,8 per share at $80 oil. That’s a year ago and since progress are ongoing toward first oil and the report use a 10% annual discount, we should arrive at a fair value today of 3,1 GBP per share (a year or so later).

Current price of Brent is usd 83, so another slight increase in the numbers above.

That’s only for sealion. Would I be “tempted” to vote yes to a sale at 3 gbp per share? Possibly, but I would not feel that i hit the jackpot, despite the 4 fold increase from today’s share price.

I’m hoping a sale will occur but from much higher oil prices and that we retain some of sealion to maintain a steady cash flow while we go prove up the rest of our acreage.

BBhoppa, good post mate, thanks for sharing that. Classic example of OT posts that I would rather not miss out on, as I was referring to in yesterdays discussion

D

“ Hi Supra3, any chance you could stick your gains back into RKH now lol :)”

Of course he will. That’s the law! lol

I hear what you are saying Marketnmbr1, I just feel that unrelated topics can be interpreted in so many ways. Sometimes we have had days on end with UK related political discussions, which I dont find relevant as I’m not from the UK. It may be relevant to others as that may have to do with taxation etc. And what about the price of oil? Some would argue that is not relevant as we are not producing oil and have not been tracking up and down with the price of oil so why discuss it here?. Is discussing AIM and general oil junior oil market a forbidden topic then too? And what about some good ol’ banter on a Friday afternoon to lift the mood- gone too? So what is strictly RKH discussion and how much should we self-censor in order to not risk falling foul of the rules?

Is what Garbled have said and done with his/her RKH investments relevant? Hardly, but then we can’t discuss other posters alleged sharedealings either 🤷‍♂️

Its a can of worms IMO. There are certainly posts and a particular type of posters I would rather see gone, but then I’ll just use the filter. Completely respect your view, but personally I would rather suffer the drivel and irrelevant nonsense that inevitably finds it way and filter what I can, than have a restricted sterile RKH only environment.

Best, D

To me the odd recommendation/tip on other shares is fine. Let’s be honest, this share have periods where nothing happens and all we can do is wait and repeat ourselves on RKHs/Navitas trivia. During those lulls between updates I don’t mind an OT post here and there. Most of us who have been following this board for many years, will easily be able to distinguish between a stock tip from a poster with multiple years of solid and intelligent contribution from a new comer who is shouting about the latest red hot 10 bagger on every AIM bulletin board. In fact a recent tip here on a Helium company got me researching and I ended up investing because I liked what I read and I am currently up about 200%. I would never have bothered to look into it had it not been from a frequent poster, who have a long history here on the RKH board.

I believe it was well intended, didn’t disrupt the RKH debate nor reduced my RKH holdings and have made me a substantial paper gain. I appreciate that and I don’t see anything wrong with that when done right.

D

I don’t want to defend Sam, and there is certainly costly mistakes he have made along the way for sure! But lets not forget that the biggest factor to the past decade (or more) of misery has been a collapse in the oil price (two in fact) and the rise of the green lunacy that completely send oil investments in the naughty corner. The sentiment has been at absolute rock bottom for ages and common sense and pragmatism only very recently finally appears to return.

Sam have made mistakes and it would have been nice to see him buy some shares rather than give them to himself for free, but he did pull out this rabbit when all seemed over which I think goes a long way to make up for the past.

18 month ago I had written my (way to large) RKH investment off. Kept it as a lottery ticket basically and accepting it as one of life’s hard lessons. So forgive me if I suffer a bit by Stockholm syndrome after having been held hostage by this company from owing shares that were basically worthless for 15 years, but are now grateful we now finally look at unlocking that elusive potential that we all can see. Even if we have had to give up more than we had hoped and issued more shares than imagined. This is massive and I’m happy with 35 % of a roaring success over 100% of the failure that I was expecting.

From me, all is forgiven Sam, but no more mistakes please!

D

I don’t believe she is a man..! Unless ofcourse she buys back in and start posting again, then I might reconsider 😁