Member Info for flipper56

Wasn't there a suggestion on the bulletin boards at the time that the drill location was too close to a fault or something. People at the time said it was big risk to drill at the locations using the same casing as Sealion. The whole drilling campaign was a disaster, FOGL RIP.

I am with Alma on this. Private equity will be involved ?. And Navitas had this backing when they took over PMO, hence their confidence ?. Didn't someone mention whizzy financing at the AGM ?.

Thanks Alma - l think that explains things better than the hob knobs. Starting to come together now.

Https://www.tradingview.com/symbols/LSE-RKH/forecast/

Https://oilprice.com/Energy/Energy-General/New-Turkish-Libyan-Deal-Sparks-Regional-Backlash.html

Its not just on here that its falling apart !. Wonder how the climate fanatics model WW3 in their modelling ?. Maybe they should just swap email addresses and argue it at their local Spoons.

I wonder if we will hit new highs.

They used to say a rising tide lifts all boats. AIM has been doing well. Copper on a roll. My copper investments done nothing. Sadly they have one thing in common. A certain Birdie. The market has lost faith in him and his inability to focus on shareholder returns. My only hope is that at some point the value will come out across his Companies. But not sure what it will take.

Https://oilprice.com/Energy/Energy-General/UK-Government-Pushes-Green-Finance-as-Banks-Rethink-Climate-Goals.html

"To be clear, the population of the Falkland Islands will have the highest income per head of capita in the entire world once Sealion starts to flow so no-one should be under any illusion as to the extent they want this to happen, and that they will do everything form their side to get it over the line."

Once we have Angela Rayner as Prime Minister I think that is a given. Shame we will back to the 1970's. Better go out and buy some candles before Starmer quits.

Didn't PMO also decide to do share buybacks and dividends just as the oil price crashed. Also their breakeven price for Sealion was in excess of $40 per barrel from memory as opposed for $25 for Navitas. All those expensive restaurants in Mayfair ........

0.04p according to the London Stock Exchange. Or was on Friday when I last looked. The AIM chart looks to be improving to me. Fingers crossed.

Thanks Prickly. Interesting numbers. The Friday close at 0.04 suggests to me that this will run. Hopefully now is the time for small miners - if someone can tie Mr Bird to his rockin chair to prevent him getting access to the confetti machine. Lets pray.

Thanks for all the AGM updates. Shame about the delay but at least they seem confident. Made me smile when all the shorters suddenly appeared on Friday only to beat a hasty retreat. At least I know to keep cash ready for the placing. Lets hope for good news from Navitas this week. Fingers crossed.

Https://www.cnbc.com/2025/06/25/nvidia-shareholder-meeting-2025-robots.html

Good for copper demand.

I noted in the podcast that Colin was saying Namibia wants production not more exploration. They obviously know Colin too well !!

LTT - can you provide a link ?

Navitas were talking about 200,000 bpd last year so maybe that will be the long term plan.

Looking at the latest headlines I think I am suffering from confusion. Is there a ceasefire or not ?. Iran say they are continuing with their nuclear programme and Israel wants regime change. And Trump wants a Nobel Peace prize !!

I just wish we had a news about a successful start up of Shenandoah. Hopefully this week.

I think shareholders do have a right to complain. Colin has made many claims either directly or indirectly via Roast etc. I, like others invested on these announcements. Copper is doing very well. Yet we have a Company that has done nothing. Unfortunately we have a CEO who runs multiple companies, plus extensive hobbies, who seems to have lost interest in promoting his businesses. But happy to collect multiple salaries whilst we could face dilution at some point. Share dilution is the one thing that Colin has been very good at across his stable of Companies. Let hope good news comes shortly. And if he is sick I wish him all the best for a speedy recovery.

Https://www.express.co.uk/news/politics/2071063/ed-miliband-u-turns-drilling-north

Even Mad ED is showing some sense at last. Maybe he will help finance Sealion to speed things up.

Up 7%

Navitas going for it. Maybe news imminent.