Member Info for GetOnYerBike

Flying.... news imminent?

With the big rise yesterday, I can only speculate that those in the know, know FID is imminent. News leaking driving up price. People in the banking know most likely, we have seen it before. We will see. Personally I would love an announcement Sunday by Navitas followed by RKH RNS Monday. Would really make my Sunday. Fingers crossed and you wouldn't want to be out of this at the weekend.

If this was priced in why would anyone hold at risk of it not happening. Silly question me thinks.

Ovets,

"The FI election wasn't postponed for Navitas to delay everything for everyone involved, while they tried to make up their minds about something they have been working on for years."

When was it announced the election was postponed? I see someone mentioned it earlier on this board too (maybe you, can't recall). Thought it was still due 12th Dec.

NastyNick,

I believe in climate change. The climate has definitely changed since I was a lad, but also since Roman times going from hot to cold back to hot. What I dont believe is we are (totally) responsible. Also there is no crisis, and weather extremes are no different than the past. As far as UK goes its more beneficial. Less cold weather meaning less freeze thaw wrecking roads (although you would not know it), less heating needed so shoukd be cheaper (although Labour doing best to mitigate that), more pleasant summers. What's not to like?

BB3, I'll add my thanks too. Never bought on your first mention but got in last week. Just dipped my toe in the water with just over 5K, but up 37% already. Great find and I'm enjoying following the story and educating myself with differences between H3 and H4. Plus its the only thing up in my portfolio today!

Sorry, on the Yahoo finance app does not show it on the chart. But your correct, it is in the statistics.

Briefly made a new ATH this morning. Good sign.

Bought 15000 shares on AIM. NM

Thanks, dont know why I could not find that. I would disagree though. If the gas was predominately a hydrocarbon or CH4. It would have more value, the higher processing cost would be mitigated by the higher gas value. But He of this concentration unlikely to be found in commercial gas wells. At least they should be able to get some value from the CO2.

Hi all. Saw BB3 tipping this on the RKH board (cheers). Thinking of buying a few Monday seen as its dropped back after profit taking. Just looking at presentations. Can't seem to find anything on the composition of the produced gas apart from 8% He. Does anyone know if there is Methane etc left over that could be sold commercially after He extraction, or burnt locally to produce electricity to feed into grid?

Nope, not SLB. Try again, at the other end of the colour spectrum ;)

Big red maybe?

LSERKH,

"Sm reply was that the 2 existing larger shareholders have approx 65m between them.

Further in the RNS it states that the ‘existing larger shareholders’ would not be taking part in the open offer."

So SM never explicitly said what number of shares constitute a large share holder, but hints that 65m (between 2 holders, so say 32 million), would have qualified. I would consider your 650k shares fairly large (I have just over half that number, but it feels a large holding to me), but obviously its nowhere near 32 million.

Constituted non postulated!

LSERKH,

"Ref. Email I received from SM, when I asked what constitutes a ‘major shareholder’ as I wanted to know why I couldn’t take part in the offer and receive warrants."

What was SM's answer to your email to What. Postulated a major shareholder?

ZYX098,

I remember that Pathfinder did the directional drilling and LWD in the initial 2010 campaign. Don't have the foggiest who did any other work. They have now been incorporated into SLB. Who did the appraisal work a couple of years later? Was it the same?

These days Integrated contracts seem the norm for large multi wells over a lingee time frame. It allows economy of scale as you implied. The big service Co's will throw some stuff in at a loss to get the juicy money spinner services.

"Anyone holding with Hargreaves Lansdown can vote by logging into the Desktop site, then clicking "View Shareholder Meetings", then clicking "Give instruction" on the relevant meeting. If you have more than one type of account holding shares (ISA, SIPP etc.) you'll have seperate links for each account"

Not obvious but found it in the end! Has anyone voted on Iweb? I could'nt find where to do it on that platform.

I am sure Tel Aviv is a small place. Probably all been decided on the golf course/country club in advance.

LTT,

"It's actually quite possible as everyone seems to feel that Navitas have got this, it's already priced in as a done deal"

I dont think so. I know how I feel about my investment.... worry, worry that this won't happen, that the banks will say its just too risky, worry Navitas may say let's wait, why risk when we have just got the dollars flowing in GOM. So while I'm confident its going to happen (I wouldn't be invested otherwise), I think there will be significant upside on FID. Why? Because a lot of the risk is taken away, and its no longer a gamble on what might happen, but an investment on what is going to happen. Institutions and hedge funds will hit the buy button. I have funds I will commit, as will many others. But only once FID is burnt in.

I can see an initial Spike on FID £1.10 to £1.20, then a drop back. I will wait and maybe add on the drop back if it all goes to plan.

Let's hope for a positive weekend.

Good luck all.

Is it too much to hope that FID is announced on Sunday/Monday by NVPT?

Sorry for Samula