Member Info for fecm

Probably the low volume creating difficulty in making a market. Until news of any description (or rumour), will probably continue.

Claimant(s): King & Spalding, London, U.K. and New York, NY, U.S.A.

Respondent(s): Avvocatura Generale dello Stato, Rome, Italy

Status of Proceeding: Pending

Latest Development: January 10, 2023 - The ad hoc Committee holds a first session by video conference

Not offen I get a blue day accross my entire portfolio. Let's hope it continues.

Happy New Year to all.

Surely this has to be the year things start to take off for RKH!!

Actually, my Vodafone shares are down by double the %age my RKH ones are at the moment. Ok granted, I get a small dividend from VOD but still overall in the red. So not just RKH SP in the doldrums at the moment. Hopefully will all change over the coming months.

Never known the bulletin boards to be so quiet on RKH, calm before the storm? :)

Frustrating at how long this will possibly take to conclude, I would hope that the odds are now very much in our favour.

Thanks for posting CantSellNow and welcome to the board. Not everyone will appreciate your effort there but the majority will. A bit technical for me so I wait for comments from the more legally savy posters on here.

Navitas only recently became operator so wouldn't have been able to do anything prior to that. Hopefully things start to pick up over the coming weeks / months.

Agreed, I would have hoped this project would be sanctioned during 2024!

Good to hear.

When a warrant is exercised, the company issues new shares, increasing the total number of shares outstanding, which has a dilutive effect.
I expect this may be a contributing factor to the slow decline in SP since OM award announcement. Hopefully there will be a steady flow of updates over the coming months to bring the SP value back up to true value. As always, a waiting game.

"We will update the market in due course once we have been able to analyse fully the results of the arbitration and its full, very positive financial implications for Rockhopper."

Got to be worth a penny or two when this RNS is released.

Status of Proceeding: Concluded

Outcome of Proceeding: August 23, 2022 - The Tribunal renders its award; attached to the award is an individual opinion by arbitrator Pierre-Marie Dupuy.

Shares traded today, is that a record for us?

Wohoooooo!

Looks like we could be heading into extra time. Hope the rules don't get changed to then go to penalties!

Low volume so not too concerned. Would have been called a treeshake in the good old days!

Yes, they got 20 years.

https://english.almayadeen.net/news/politics/argentina-sanctions-israeli-oil-firm-over-exploration-near-f#:~:text=Israeli%20oil%20firm%20Navitas%20Petroleum,in%20Argentina%20for%2020%20years.

The potential has never been in doubt. It is getting to FID/Sanction that is. That said, things have been looking a little more promising recently, the Times article is encouraging.