Member Info for Daikihaku1

TheNorseman,
How did you arrive at that? I get 35% to be 1,5 billion to rkh.
Can someone refresh my memory on the reserve estimate terminology… what does NPV10 represent- is that the higher or lower estimate? Cheers

As we have seen over the past 10 years, Oil in the ground is worthless. The extra 200 mio barrels will be hugely significant, but not until the market feels reassured of the plan to extract it. The re-rating of this beaten down share will be a sight to behold when that happens

Auson, I really can’t follow what you are saying. Are you suggesting that Navitas would somehow know the arbitration result before it is out??
I think we can all agree that it would be ideal if the case is closed and we have been payed by Italy prior to FID, but in my opinion it is a completely separate issue from the sealion development. It’s a sideshow and no decision in relation to sealion will be/should be made based on neither the outcome nor timing of the arbitration case. That’s how I see it anyway…
D

What i mean is, the timing of FID will be decided by Navitas, them being the operator of Sealion. No way they will sit around and wait for the payout of RKH’s arbitration case IMO

“ I won't be surprised if they wait with the FID until the OM arbitration is finished. ”

That's not for RKH to decide IMO

“ Garbs works for RAB !”

Hahahaha God help them!!

“ you get a pre tax profit from the extraction of Rockhopper’s share of $9.8bn.”

With current tax regime, the tax alone from that will equate to roughly $ 1 mio per resident in the Falklands. Never mind the business opportunities it will create. You’d think they are motivated to get this show going - in a responsible and safe way of course

Time for Marlon to come back!!

Keep believing that buddy! Sadly putting up with nonsense from your various profiles here have become synonymous with investing in Rockhopper, so I’m not off topic

I was very much being sarcastic. MD have decade long history of boasting about massive trades, Falkland oil exploration insider knowledge and his investment prowess in general. Most of which has been disproven again and again and again… he is harmless but annoying . Every time he reappears he reminds me of herpes- always lingering and just won’t go away

Auson, i think you can rest assured that MD’s trades only happened in his/her imagination as usual. Unless of course Sam moody have a dark pool of shares where important insiders like MD can buy directly outside the exchange.
IMHO DYOR

I sincerely hope so!

Well put Orbit10!! I was about to post something along those lines but couldn’t have put it as eloquent as you.
And for those who don’t know.. with a “long history”, what Orbit10 really meant to say is a “looooong history…”

Ralph, you demand Sam taking responsibility for his actions/inaction. Fine.. but shouldn’t you be doing the same, or have Sam forced you to buy your shares too? We still don’t know if we were wrong about this share or just 10 years early :-)

Very interesting analysis from Goldman Sachs’ ahead of global commodities. If you need reassurances of you position here this is worth a listen

https://youtu.be/jU_uNycJFV4

Am I the only one who is starting to think this both look, swim and quack like a duck…? The signs of actual progress behind the scenes are obvious this time, unlike when Premier was in charge. This is such a hated and forgotten about stock, that these developments are either being ignored or yet to be noticed. The Falkland oil story is still as intriguing and as soon as the excitement starts to build up again- and it will- all of us who have kept an interest here may in hindsight realise what a rare opportunity we have earned through our tenacity/stubbornness/foolishness with this share, to get in at the bottom. A lot of us have been badly burned here and that naturally give cause for scepticism and suspicion, but I now find it increasingly hard to remain cynical and pessimistic. Real tangible Sea lion progress is already a reality and news will start to flow at an increasing rate, we are owed about 4times our market cap by Italy and geopolitics could soon see oil price skyrocket. Best of all- we have a very serious partner with a knack for delivering on big challenging projects, a 30% ownership of a massive oilfield and no debt. Dare I say that 9p may soon be a distant memory…?
For full disclosure, I hold 430.000 shares so I cant rule out that my views are coloured by confirmation bias, but I will be adding shares below 10p. I’ll rather risk getting burned a second time, than ignore the obvious signs staring me in the face and miss out on what really could be the opportunity of a lifetime.
GLA
D

Good post JEBR… really illustrates how long this charade has been dragging on. One thing I can’t wrap my head around is your last sentence “ With the current interest rate, the award will grow with approximately €1.5 per month, which is about 0.22 GBX per share.” care to explain that one?
Best D

have 75 min to spare, i found this video of supposedly Italian legal experts/lawyers? whining about the “perverse” arbitration result. I could only manage 15 min, but surely the part where Italy approved the exploration rights and then withdrew them was presented too ( or not).
I anyone gets to the end of it it would be interesting the hear a re-cap
https://youtu.be/ni2BXZVheVA

Well it’s better than to lose on the swings AND the roundabouts which is what my investments have been doing lately. Stocks are dropping across the board and inflation is eating away at my purchasing power. Give me a 3 % loss instead please until this blows over

They could always make a bid for RKH ;-)