The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
@covgas. The MO is one of stating the current share price and then stating weakness whether that be real or perceived. There must be money to be made by doing this as no one puts in such exerted effort for any other reason. It can play both ways of course.
Personally I console myself with the fact that Navitas have a good track record and appear to have their proverbial foot flat to the floor.
With the little rise last week we had a good few posts of interest so there are quite a number of folk waiting quietly and patiently in the wings with a degree of confidence that we're moving in the right direction.
Good to know. The obstacles are being dispatched one, by one.
This is purely about the impact and not any kind of political piece. It's been clearly stated by Labour that, should they come to power, they will not be issuing any new oil and gas licenses for the North Sea. Although lacking in logic to my mind (the UK still requires energy security and the tax revenue) I was wondering if anyone had any idea if this policy would extend to overseas projects such as Sealion? It's been long said that FI are allowed to make their own decision round the development of O&G (underlining they are self determining), however, from what I understand this all needs signing off on the UK side too. Surely Navitas must have this covered although we all know what they say about assumptions.
I believe MD has what is known as Schrodinger's shares.
Mogger rarely posts and normally only something of note. Perhaps worth thinking about?
"Yes I was wondering if an RNs would be required IF Sam took up his warrants …"
I've always found contacting people directly works:
https://rockhopperexploration.co.uk/contact-us/email/
@LaticsRule what was the aim of collecting the names and holdings of members of this chat board back when you started posting here? It was about three years ago according to your posting history.
Latics, there's the award which can be sold. From memory it was announced at the AGM that there were already three offers on the table. This isn't going to hit the buffers any time soon.
I am interested in your beef with the board. I took the time to look back through a lot of your posting history (and there's a lot - purely RKH focussed) and noticed, back in 2020, you were involved in the gathering of information of shareholders with Glenn (I think it was Glenn). This seems very much like a personal vendetta.
There doesn't appear to be anything exciting in terms of volume, value or number of trades.
Ironically, I don't see any one on here ramping like mad (with perhaps one exception.) I do clearly see quite the opposite, well beyond what can be explained by 'altruism'. I mean why post roughly the same, somewhat cherry picked info, repeatedly day after day? For example, the 'X price and falling' posted more times than I care to count every time the share price dips off. We are all capable of looking at the share price and reading investor reports. Never, 'X price and rising.' Who is exactly being warned here?
Failing knife? The last three years show a gentle upwards trend.
I'm more interested in Navitas. Their share price has done rather handsomely over the last 12 months. Sea Lion, as you know, features very heavily in, as they term it, "Navitas' Discovered Resources." Basically Sea Lion accounts for 463 of a total of 715 MMBOE. I'm keeping a very keen eye on progress of Shenandoah which has predicted revenues of 1.135 billions USD in 2025.
Obviously for RKH, the next bit of news will be how many of the warrants have been taken up. If the news isn't as hoped (and I have taken mine up as well as both my kids in their child ISAs) RKH can fall back on selling part or all of the award. Dilution coming after both of these.
Interestingly, RKH's share price and that of Brent have not correlated in any way over the last 12 months.
Just popped up in a LinkedIn feed:
The October 2023 Akatara project progress video can now be viewed on our website at:
https://lnkd.in/eWHgexVm
The project is 83% complete and remains on track for first gas in H1 2024.
I suppose the point of such jobs postings is to highlight things are going on rather than anything being a nailed on certainty. Personally, I find Mogger's posts of use.
I enjoyed the video, but it did miss that fact RKH can sell part of all of the award too. According to conversations reported on here taken from the AGM RKH already have three offers on the table. If/when the annulment case is won it can be presumed that the value of these offers would increase too given the reduced risk.
Is that a serious question?
But up 33% YTD. Your point being?
For those that aren't in the industry (me included) I remember a book being recommended on the ii chat (back at the start of the fun in 2009) called Oil 101 by Morgan Downey. I presume the industry has moved on to a degree, but found it a really useful guide. So much so, that I dusted it off again recently. It covers all the basics and a whole lot more in detail.
Thanks Mogger. Always interested in the snippets of info you dig out.