Member Info for fecm

Ohtaxes perchance?

Ah, the good old days.

Good luck to all!!

You couldn't make it up. If this does start to take off over the coming weeks, who'd have thought Ollie would have been the messenger!! Very surprised if it does as the bulletin boards are rarely (if ever) ahead of the market.

I think today's investors are a little more wiser with their cash these days, hence the ultra low volumes. If anything material was going to come out in PMOs update tomorrow then you can bet your last dollar that the big money would already be in by now.

Well, there are 35 working days left this year. It's either going to be fireworks as you suggest or yet another 'this time next year' scenario.

"My take is they were signed purely as a platitude to shareholders"

So what you are saying after reading the transcripts from Diamond offshore is that they are just playing along to keep RKH shareholders happy? Odd way to do business but who am I to argue?

Looking at the trades today I'm baffled as to how we end up 4% up. Most days we move in tenths of a percentage. Today a whole 4 percent with very low volume. Must have been those 2 shares bought that triggered it!!

Not sure if this has been posted before but hopefully the EPC contract (engineering, procurement and construction) is still on schedule for end of year as referenced in the link below. Again, not sure how old the link is so apologies if previously discussed.
https://aibel.com/project/sea-lion-fpso-feed

On 14th November there will be a scheduled trading update from PMO. There will not be any 'new' material news regarding SL in this update as that would have to be reported to the market by RNS. That said, there's nothing to stop PMO or RKH releasing an RNS prior to this update, as sometimes happens. Our current SP would suggest at present nothing new is imminent however PMOs SP has been holding up pretty well recently.

GLA.

Entering Q4 tomorrow. Hopefully the news we have all patiently been waiting for will start to flow - although I'm not expecting too much before December.
GLA

11 trading days away. Hopefully things start to fall into place.

Lucretius,
Nothing at all is unclear to me.

Thanks,

at 11:17, cyan2 wrote

Ovets; When did TD announce that the FINAL investment decision had been made? Very serious statement with important implications. Anyone shown to make a misleading statement about FID would be in hot water; misleading the market; very grave stuff.

Again, where did Ovets state that TD had announced that FID had been made?

Well I had no problem understanding Ovets post.

Cyan2
"Ovets; When did TD announce that the FINAL investment decision had been made? Very serious statement with important implications. Anyone shown to make a misleading statement about FID would be in hot water; misleading the market; very grave stuff."

Cyan2, when did Ovets state the above? He only referenced FID and did not state that TD had made a FID decision.

Should now start to get interesting over the coming weeks / months.

https://www.fircroft.com/blogs/10-major-south-american-upstream-oil-and-gas-projects-you-need-to-92332116375

Hopefully an update tomorrow from PMO.

Nige, thanks for your explanation. I sincerely hope you are right but am finding it difficult to disagree with some of the more recent posts highlighting dissatisfaction with the bod. It can't all be down to bad luck surely?

Why would a potentially transformational catalyst send the share price below a level (20p) you stated wouldn't be breached?

"Abu Sennan has been an excellent asset for Rockhopper, but with activity ramping up during 2019 ahead of the formal loan application for the senior debt element of our core Sea Lion development, we have decided this is the moment to sell at a point where we can crystallise real value."

The above statement from the company doesn't exactly hint at another acquisition taking place.

PMO would only buy RKH if it was certain SL was going ahead.