Member Info for flipper56

Iky - I am surprised about your confidence. Lets hope.

Thanks JPDM,

Always good to get the opinion of an expert and your elastic bands have been a good guide over many years.

Best wishes for Christmas and the New Year.

JPDM - Assuming the final sign off takes place by the end of the year, are you expecting a big bounce ?. Or just buying for the long term ?

It will be interesting to see which way oil will go. Everyone and their dog is short. But the newsflow makes that quite risky to me.

Rachel 14/15-1Z sidetrack well (Desire)

Went on forever and still a disaster !.

Chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.navitaspet.com/wp-content/uploads/2025/11/Navitas-IP-112025.pdf

The hedge is at $65 - page 7

Just looking at the Navitas website I cannot see it on the FID announcement. Maybe someone else can help.

Nik - just happened to be reading the article when I saw your comment. Wasn't my opinion or meant to offend if it came acrooss that way.

Didn't Desire do a deviated well ?

The hedge etc was in the recent Navitas announcement for FID from memory. $63 ?

Https://oilprice.com/Latest-Energy-News/World-News/Oil-Executives-Predict-Another-Dull-Year-In-2026.html

Chart looks grim. At least Navaitas has hedged.

As a add on,

https://energynewsbeat.co/if-the-ukraine-war-ended-tomorrow-what-would-it-mean-for-oil-markets/

Brent $60.23. It will be interesting to see if it holds. Break lower and Divi/MD might be right. Hopefully it will provide a bottom. Just my thoughts.

So we are back to the F.I being a long way from the nearest Wetherspoons, windy conditions, the oil below the sea and every other piece of nonsense they can think of. Probably time to switch off for a while.

I have to admit l was expecting a better end to the week. But happy for FID to be finally confirmed. At least l can forget about shares for a while. The lack of publicity has equally surprised me and Nik has made some interesting observations. Or maybe Labour are just pixxed with FIG for ignoring their advice about not joining the Paris climate agreement. And creating wealth goes against everything they stand for.

In reality FID is just the beginning. The prize is the huge amount of oil still to found. The words of Marlon, Oilbrat and others are what will keep me invested in the years to come. Don't forget, Premier originally wanted to spend £4.3 billion (from memory), for some serious kit to bring this to surface. The oil is there but for the moment, the shorters can have their fun.

Thanks. Sorry for mixing you up. I wonder if in 2026 we will start to see some consolidation amonst the juniors. I know some on here are frustrated by the shareprice, which I totally get given my losses on XTR, GLR, AFP and that never ending dog JLP. But I still live in hope and sentiment can change very quickly.

Prickly - in your discussions with Sandersons and other major shareholders, did you discuss exit strategies ?. With copper shooting up but no interest in small miners, surely a takeover must be tempting ?. I just cannot see this disconnect lasting much longer.

As an aside, this weekends elections in Chile will be interesting. All they need is a communist winning. They only need to look at the UK to see what happens !

Quite a few articles today in the press today about improving relations with Argentina. A plus but would make a takeover more likely.

Worth a read

https://share.google/O84Mi6dhgjYvHpYYQ

Perfect timing for 2028.

Finally ........! . Shame about the shareprice reaction but glad finally announced. Well done to Sam and the board for getting it over the line. Has been a very long and stressful wait. Now for the rise .....

Navitas looking strong. All being well, this board will go crazy next week and months ahead. Full of day traders spouting rubbish !. But for all long term holders, fingers crossed and best wishes.