Member Info for GetOnYerBike

Simulation,

"• Entitlement: Qualifying Shareholders can subscribe on the basis of 1 New Share for every 22 Existing Shares they hold.

• Offer Price: 49.3 pence per share, the same as in the institutional placing.

• Warrants: For every 4 New Shares subscribed, investors receive 1 Warrant (each exercisable at 98.6 pence per share within 36 months)."

Do you have the link you listed this from?

Does anyone remember if RKH said what record date will be used to assess each share holders holding and qualification to participate in the OO? Can't seem to find it anywhere.

Https://www.norwellengineering.com/

If Argetina start casing problems with Israel over this, could Navitas not just spin FI operations into another overseas company (UK or US)? Or move whole Navitas listing? Seems to me if Navitas got bigger it would be better on a main exchange anyway, and would then attract more investors.

Bought 15k worth this morning. Showing a profit already. Might hang back until the open offer now.

Nastynick,

Hear hear,

Wise words and getting us to FID is certainly making a stinking deal for us a lot sweeter smelling. On and up and looking forward to celebrating FID soon.

Almacogan,

Sadly it certainly seems like that is the case.

Sorry if already posted.

https://www.upstreamonline.com/field-development/london-listed-player-raising-funds-for-challenging-fpso-project-stock-price-surges/2-1-1852106

Nikb,

Yes that did go through my head, everyone's dumps to fund the cheaper shares warrants after they satisfy the shareholder qualification period maybe has something to do with it. But why Israel investors for the free ride mainly and not UK US investors?

Was driving through Germany all day yesterday. Glanced at the share price and it was low 60's. Thought great, profit taking, will try and top up later. Then I get a chance to see what's going on and notice RNS's read the RNS quickly. Confused and share price is flying. Just getting chance to catch up now so apologies.

Dont know how this fund raising stuff really works, so could folk on here enlighten me please? What I can't understand is why our money is not as good as the Israeli/institutions? Is it just because the ii's can get their hands on it quicker than a placing for existing shareholders could?

Generally happy as is good news, gets us to FID etc etc, just a but miffed we were overlooked, and I don't see why we were overlooked unless it's favours for city boys.

Oh yes Dana, a great company. Didn't quite do as well as the pensioner with £400 to £750k, but think I managed to get 1-2k up to 20k at the takeover.

Pauldrayton, I was in some of those oilies posted. Remember GKP. Looked fantastic until the Islamic State managed to infiltrate the area.

Ephemperal I had sold my RKH before the lock down to capitalise on the loss against future gains. Luckily bought BTC in 2017 and during lockdown, and more since. Now it's looking like it's going to be a good summer! I say this after getting made redundant in the oil industry 4 weeks ago when I intended to do another 3 years in work, now it's looking like I don't need to get another job (although I probably will as feel too young at 57 to put my feet up :-))

Remember Synchrouk. Wonder if he/she is on here these days and invested.

ZYX098,

Batch drilling the wells would make sense. Drill each wells sections one after another. All the heavy stuff on board for the top holes, then switching down to the smaller gear. This could tie in to cuttings disposal units maybe not needed until deeper or reservoir sections when they switch to OBM (oil based mud). Then only need room for gravel packs, completions at the end. Would make the operation more efficient.

Oh yes, I always forget about the sabbath different weekend.

Nothing yet from Navitas on this, maybe in morning. Also there share price not reacting much too it, so must be pretty much priced in.

Great news good find, production started at last.25 days late from what they originally said would be June, but not horrendous when you think of the complexity of what had to be done, weather issues offshore etc, etc. Will it be a sell the news event for RKH I wonder.

Dunbar House, know it well

Used to live a few doors down from the Ashvale in my early days offshore. Think if you could eat a whale fish supper you got it free, it was that big. Hopefully Isabel will have some similarities. My Spanish mate used to always go there for a fish supper whenever he stayed over in Aberdeen.

Probably be a BBC news story about it if FID announced with a slant at how it's bad to be drilling for oil when UK trying to go nut zero. I bet it's not all positive with the good old beeb