focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
As we all argue the months tick down... we will be arguing like this in March, June Sept, Dec of next year and then the pros will conveniently forget that yet another year has past and the share price and project hasn't moved on.
A number of times ive tried to assess the poor MCAP of the company . On every occasion i have reasoned that the market is just wrong and on every occasion the Market has known more than me and appraised RKH accordingly / correctly. This isn't "cheap" for no reason, either FID isn't imminent or a capital raise is imminent (or there is some other spanner in the works). Mark my words this company is not cheap, its not expensive. Its priced according to the reality.
So in buying warrants I have supported the company and yet apparently Sam hasn't bought his yet? I understand that navitas are in charge. If we are saying that the board have no impact on Fid then what are we paying them for ?
I for one am happy for this sorry saga to fail or succeed but after ten years of waiting I just want a conclusion one way or the other
If anything job adverts now indicate they aren't making the 2024 deadline. Presumably there is a lote to be completed in the role prior to Fis and it will take months for the role to be filled and further months for the new starter to get up to speed . I'm telling you now no fid in 2024. Note mogger and ovets refuse to offer an opinion on this assertion
Until yet another key timeline assertion by the board is broken. Tick tock
It could be a busy year or it could be more of the same. Note Mogger has been posting job vacancies such as this for the best part of 5 years. As yellow canaries go this has been a very bad one.
This is not an IF situation . Not taking up the warrants is throwing money away. Its cheeky of Sam to not take up the warrants til the last second when the whole point of them was to aid cash flow. but that's just how Sam operates. He's lining his pocket first and foremost.
There is ALWAYS a reason why RKH SP is so low and its never because RKH is doing badly.
Shambles. It will be 12 pence in Januar too. What is the excuse then?
Latics. This isn't even up for debate. 99.9 percent of warrants will be exercised .
Ok maybe it's not the raising of finance that is the problem. None of you answer the question: why is this stock still priced as if it's not going to happen. How do you explain the dichotomy of the share price Vs the purported timelines .
If I'm wrong then please do explain why the markets are irrationally ignoring this stock. Total trades this week circa £30k which is effectively nothing. Its a dead duck no one but no one beyond the 4 perma-positive posters Ovets, Mogger and a couple of others are interested.
Between Navitas and RKH billions of dollars need to be borrowed.
the only things that explain the dire share price is the market believes extreme dilution is coming or the market doesn't believe that the debt can be raised. No amount of pathetic posting about some immaterial element of Sealion is going to change my opinion. MARK my words the board will announce FID is delayed at some point in 2024 or "we are raising more funds via equity dilution".
Mogger you've been posting links to progress for the last 5 years. Surely you have to understand why shareholders now don't believe?
I think financing is proving to be an issue. I suspect the board cant raise the debt hence why they haven't bought any more shares. Stuart didn't leave all those options on the table for no reason
Thanks latics. Very informative. Ovets you knew that already didn't you!
Thanks latics. Very informative but you knew that already didn't you!
What a joke.
May I remind everyone that HRB / pmo / rkh must have completed feed 4 times already to no avail.
I absolutely agree with latics that progress has been made but we have been here before. I have no idea what the fly in the ointment is but there is definitely one . The share price is relatively rational. Something is wrong .
May I remind everyone that HRB / pmo / rkh must have completed feed 4 times already to no avail.
I absolutely agree with latics that progress has been made but we have been here before. I have no idea what the fly in the ointment is but there is definitely one . The share price is relatively rational. Something is wrong .
Ralph I entirely agree with you. As I have been saying all along, this project is not nimble enough in the modern world of change. The moment rkh gets its ducks in a row the world shifts and we are back at square one.