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The warrants count for 5 precent of the mcap. Tops. Any new shareholders wouldn't be impacted by these. The notion that this is stuck at 12 pence because of the warrants is optimistic at best. We are at 12 pence because chance of success is deemed to be very small
I haven't sold my shares. I think the hold company is a borderline Ponzi scheme but I can't bring myself to sell. I do not for one second believe OM will come to a successful conclusion next year (ie receipt of cash). Nor do think did will happy next year. The board haven't said anything re fid in 2024. I don't believe the LinkedIn posts. There is a reason this is 12 pence. The market have been right for the last decade. No reason to think it is wrong now
I mean it could be.
Do you know how many times we have hear similar claims. Ramping rubbish. RKH is doing nothing
Hey Sam , for your 500k a year how about we get a timeline. We have lived off false promises for a decade
Share price falling and yet great things are happening. Well I know the share price is truthful so....
So Ovets you agree with me No FID , NO OM monies next year?
Either way: Italy ignored the committee and S*d all has happened. hardly encouraging
When there's nothing to talk about because nothing is happening talk about the pressing need for more oil. Text book. Honestly i think theres about 4 active positive posters on this board all of whom must be on the payroll. The market doesn't believe it, I don't believe it, no one independent of RKH believes in it either. The only question is what will the excuse be this time.
I don't know all i know is there wont be a FID in 2024 and there will be some sort of excuse. Shambles. This time next year ill be posting NO FID in 2025. Andremind me how much longer can they finance the company for? Answer not long
I dont even know if Italy could potentially appeal the appeal. Even if they cant , it appears that Italy can fly in the face of the court's rule. As evidenced by them getting away with ignoring the edict to place the money in an escrow account.
Ovets . Everything you tell me is based on trust. I fail to see any independently corroborated evidence that anything is happening at all. Still no financing after a DECADE
These guys have been right for a decade. Had we all listened to them..... To moan about them is ridiculous. The only people to be positibve about this stock are the large shareholders and the board, This is DEAD DEAD for the current shareholders. I have no doubt that Sealine will yeild oil but not this decade and not before the current shareholders have been diluted to next to to zero. Nowhere but no where is it written that we will recive OM funds next year nor that FID will occur. Given the track history of the board why oh why would anyone be optimistic. Note none of the board beyond sam have bought material sums of shares. None of them have skin int he game. I fully expect to lose money ont hsi from her. My failing is im too scared to sell just in case. Ludicrous? YEs Illogical, immature? Yes
1) you dont know that
2)what is my othwer account and when did I last post under it?
3) how is this not censorship
Your bed involved me handing my entire share ownership over to you. My bet has 0 financially at stake
No they arent. Its not as if I am posting under multiple accounts at the same time. LSE is brutal. you try retrieving your password for your account. Next to impossible . My posts are being deleted because someone doesn't like what I am posting. The truth hurts!
Mogger ? Care to tell me that FID in 24 and OM receipt of monies will occur in 2024 and we wont have another shard dilution? I suspect not!
NO FID
NO OM payment from the Italians
Another share issuance to keep the company solvent
This keeps getting deleted. Have i hit a sore point? Freedom of speech?!?
No news. None. #Jam tomorrow, Sam takes his salutary today? Next event will be yet another share dilution
The only thing we can agree on is we are trusting the board as they simply can not and have not produced anything concrete or provided any definitive timelines . I for one would love to see FID next year and Italy pay up but i am not an objective observer as I own shares in RKH. at 12 pence, MR market (who has been right every other time) doesn't believe anything will happen in 2024
Another equity raise is an absolute certainty. We are 5 yrs off getting anything out of Itally and FID is a pipe dream.
Mogger I apologise you are very much correct. I am an idiot in this regard..
How many of those 18 vacancies wer4e ever filled? My guess is none. Easy to write a job advert and not hire anyone
18 pence. Wow. I dont know what is more depressing 18 pence on FID or no FID in 2024
And yet you ignore the question.
I fully expct my shares to be worth 12 ish pence come dec 31st 2024