Member Info for DD77

You can continue to disregard it, but the anti-colonial sentiment will only increase globally in the coming years. Hong Kong went, Chagos Islands now being fought over. A settlement would be hugely beneficial for RKH shareholders, and instantly transform the SP. The threat of Argentine disruption to any activity there will always remain otherwise, including sabotage

A settlement agreement is not a bribe.

Amazing how many supposed RKH shareholders would rather see the can be kicked down the road for another x years, with Sam continuing to improve his golf handicap, than see a practical solution to unlock FI development

Ovets, if you believe Argentina are a military threat to FI, you are completely clueless. They’re even less capable than they were in 82. Any attempt would make Russia’s capture of Kyiv appear successful

No Ovets, I haven't forgotten. However, the reality is Argentina is not a military threat to FI or the UK. The comparison with Putin is irrelevant.

My thoughts here are purely from a RKH investor standpoint. If I was not an investor of RKH, I would take more of a FU stance to them. However, it's obvious that it's a huge obstacle for RKH (perhaps less so with Navitas on board but that will only be determined if/when Sea Lion is actually developed).

And for clarity, I am not suggesting that RKH share profit/revenue. This would be for FI govt.

Feel free to be dismissive, but I've yet to see an alternative workaround which is likely to be more successful.

Not sure the relevance of comparing Argentina with Putin...........at the end of the day, it's in everyone's best interests to reach an amicable solution to the Falklands islands without impacting sovereignty. A revenue/profit share scheme is one potential option. The suggestion you make is another option, however given it's private companies that typically undertake exploration of oil/gas, I'm not clear what support you would propose

Classic P&D. Still on my watchlist but will see how this settles.........

Sam alluded to this in his most recent presentation, but here is another article outlining what I feel is the principal reason as to why Sea Lion has not been developed to date (and why major oil companies have been put off investing). Hopefully Navitas/the Israelis have a different view.

https://www.bbc.com/news/uk-61294958

It would be in the interests of all to reach a mutual agreement, but that I believe will be very difficult. To me, the best solution is to for the FI government to pay a nominal 'goodwill' fee to Argentina, linked to revenues generated from oil/gas. The trade-off would be for Argentina to no longer continue a hostile stance and look to normalise relations with the UK.

Not sure why the SP would drop on the finals, their revenue is negligble anyway so I don't expect any surprises. The price is what it is due the uncertainty about future funding and the change in top management

Similarly John, I've always been in a deficit here, despite averaging down over the years. The fundamentals mean it has to come good at some point (that's my belief anyway). I see the debt being the trigger - continue paying that down so they're not exposed to the dollar currency fluctuations and it should instigate it. The assets ZAM sit on are worth many times the MCAP value - remember that farm they sold off last year for $10m?

Good trading update, and nice to see debt reduced to $33m. The forecast is excellent so I'd expect debt to continue to reduce further. This should surely re-rate now............it seems very much unloved but the diversified vertically integrated model is perfectly suited to dealing with the current macroeconomic challenges

Very encouraging and positive update. The missing part for me though was whether the rising costs have been able to be fully passed on or whether they have eaten into our margins. As this will be critical in determining whether we are close to break even

PScan - I'm with Fax and see the same as you

Can you elaborate?

COG more likely to acquire someone complimentary rather than be acquired at this stage

I've had CPH2 on my radar, I like the tech and obviously the H2 market is appealing (particularly electrolysers where there's likely to be a shortage of supply). However, I'm struggling a little with the valuation - £173m. What's this based on? Promise and jam tomorrow like some other H2 stocks?

Cynic, I don’t think anyone is happy with the BoDs performance, hence the general positivity about the departure. So yes collectively we’re disappointed but I’m not fuming because I don’t get emotional about investments and understand there’s a risk they will not be successful.

At the end of the day, you have 2 options if you’re ‘fuming’. You can either sell up and put your money where you think you’ll get a better return or you can look to gain sufficient support for a motion to change either the personnel or the remuneration of those at the top. It appears to me that the other iis have pushed for that option already

Very small targets - 5yr of $0.75m sales for Plant Health Care. Another stepping stone, but not hugely significant

Grace - my view is that Mark has been forced out, probably by iis who are not happy with progress..........so the chairman has made the push. I expect they're already some way to recruiting a replacement (maybe even the iis have recommended someone). If that person is in a role already, they'll need to give min 3 months notice period, which would allow a 3 month handover/onboarding. They may need to give 6 months notice though. A lot of uncertainty here atm, which is reflected in the SP. Hopefully becomes clearer soon

An apology haha? What for?

As I kept telling you, you should have followed your own advice and sold...................you'd have been a lot better off

Thanks nomlungu, appreciate your thoughts. I recognise this is a bit of a slowburn but I do see this as a potential catalyst, at least to gain adopters and gain awareness of the product. As you say, customer retention will be key to the success though, but given all the positive reports of performance, that should bode well