Member Info for Danger_Man

Based on current Scottish Government spending ( with a deficit of 8.6% pre-Covid ) and what it has at its disposal to bring in revenue. The original White Paper from 2014 was quoting $120+ / barrel (from memory) and a key route to providing a slush fund for the new Scottish economy. Has oil now become unimportant?

If I were Habour I would be conscious of that fact that should the SNP get their way - and I sincerely hope they do not for many reasons - any oil revenue would be taxed to death. With this in mind, I would currently be looking to diversify into more tax beneficial and politically favourable locations ...

"If I recall correctly, bluehorse , Essex and his many aliases used to clog the old III boards with piffle, countless inane posts."

Essex is still here - just look at the posts from today. I am pretty sure I know who bluehorse is these days too. Would very much pay attention to the latter and certainly not the former.

The MM's weekend shampoo doesn't pay for itself.

Been about a while Arfur? Mystic Meg too.

Something has tickled the share price, that is for sure.

I cannot see how Export Finance can now be granted. It will be purely down to private money to get this over the line now. On the flipside, there is no way fossil fuel usage is going to decline in the near to medium term. Can anyone find half-reliable data to suggest otherwise?

This is AIM and I am not a professional investor so your back of a ciggie packet estimate is just as good as any I can come up with. Bottom line is if an award comes in then you would have thought there would a spike. Who really knows? A few lawyers and some bods at the ICSID (International Centre for Settlement of Investment Disputes).

Despite current fashionable thinking the use of oil in vast quantities is not going to change any time soon. Everything uses oil and the World's population is not getting any smaller. The question is will RKH get a suitably sized OM award to cover costs or get right royally. Make no mistake, this is a punt.

Wouldn't you love to work for LSE just to see the account details of these posters. Occasionally I hope that Karma does exist.

Perhaps we should all buy one share each at close of play!

Slightly off topic. Where is Godders? The miniscule rise put him off his tracks?

If the OM award comes and RKH are paid, then where would the pressure come from to sell? The whole point of the Navitas deal is to ensure RKH are covered until Phase 1 completion.

The BOD will be privy to the likely outcome of Ombrina Mare arbitration. If this is a low figure or nothing then the BOD have already squeezed RKH for what it can and the share price is toast. However, a reasonable result from OM would lift the share price and buy vital time. As Mogger pointed out the Falklands (and I presume that is just Sealion) is 43% of 2C. And what would this be with Isobel in the mix?

The brief £5 days were on the flow test results. The initial strike saw two days of large upswings to about £2 if I remember correctly.

The ICSID are alive and well. You can see this from other cases. Obviously I didn't check them all, but did look at quite a number and all of those I did had been updated more recently than 'ours'. Most by some margin. Perhaps the files have got stuck in someone's drawer, ho, ho, ho.

Lol. From the outside it looks like there must be some reason for your impressive posting record. I am in the same boat supposedly as, I presume, are quite a number of others.

Indeed. I think it fair to say readers of this forum understand this is pretty much a punt on an OM award coming in. That and a nice little earner for the board. You do wonder is their conscience is in anyway pricked by *still* drawing down such eye watering sums?

Fuddstone, "Godders, it must be your turn today."

Godders, "Okay Fuddstone, got be worth keeping the pressure on. What price do we close out our short?"

"Be extra careful folks I smell a pump and dump"

I thought as much, but then it occurred to me that there is nothing to stop me dumping them too. If you can't beat them and all that.