We would love to hear your thoughts about our site and services, please take our survey here.
Wouldn't touch Hur. The management tried to screw over their shareholders with restructuring in favour of the bondholders. they are tainted.
Wish RKH would do a merger with a proper oil exploration and production company and we can see the back of Moody chancer
James - are you ok mentally?
Argentina is a basket case. Always has been and always will be. Their politicians are corrupt, dangerous and don't have the best intentions of their citizens in mind. Their irrational obsession with the Falklands and their hate for the UK is a smokescreen for their inadequacy in the rule of law, monetary policy, foreign policy, and domestic policy.
****** springs to mind
This must have been how the oligarchs felt buying up cheap mining stocks!
We aren't making a profit on the back of war. We are an independent O&G explorer focussed on the North Sea. Our assets should have been financed years ago. It's the politicians that will have blood on their hands having promulgated a disastrous energy policy reliant on foreign supply rather than utilise the huge reserves we have on our doorstep. They are the ones who have let the British people down, and caused misery to those in poverty. We are the solution not the f'ing problem!
It's positively third world timeframes but even in the developing world they get a ruling at some stage. The award will come through just when all hope has gone which is about now. Other oils are coming good like JOG. It's only a matter of time and you can't rush time!
The award RKH is to receive for lost revenue in Italy must take into account current oil prices. The sooner Italy settles the lower the award. I would think that Italy would also want RKH to rapidly develop and produce their oil & gas assets now that they have done a u-turn and recommended the suspension of the European carbon credits. Perhaps that will be part of the settlement. Why this arbitration ruling is taking soooo long beggars belief!
poor sensitive Jodo
someone got butt hurt! bwahahahah
How forking long do they need to make a decision!!!!!!! Worse than watching paint dry or watching a pot coming to boil
Please explain the logic of Sturgeon, Let's Go Branden and all the other dangerous "politicians" (c@n#s) The world needs oil to fuel itself and product the plastics etc. She's quite happy to get that Oil from Opec but when it comes to domestic production that's a sin. In two years time the average home owner won't be able to heat their home/fill up their car due to USD200++ fuel and no domestic production. These politicians will literally have blood on their hands
We should award him a trillion share options at 1p for replying to an email
LOL, OK Boomer. Ever heard of proof of stake? Or proof of work based on access to renewable energy or even gas from an oil drilling? RKH should add some btc mining rigs to make the project more viable.
Just like they said the internet had no use case so they say the same for crypto. Or are you a member of the energy use case police and want to ban everyone from watching Netflix or Youporn due to their being no inherent value?
Great partner lmao! They are jokers in the oil industry
Yes the project is subject to FID but how do you know that there is no penalty for walking away from the project? Have you read the contract? Would you enter into an open ended contract like that. I'm curious to know how you can be so certain?
way to go Sam, you just bought us another lawsuit! We should just go into the defaulted claims business
HBR can't just walk away from their obligations to RKH. What about the development costs etc. it owes to RKH? There's going to be a big fat payout in cash to RKH. It's about time Moody gave long suffering owners of the company the facts
I appreciate that Sam loves a long weekend in Rome, Florence and Venice but RKH need to get out of Italy and focus on delivering what should have been a company making discovery in the Falkland Islands . Take the $ award. A billion barrels of oil and we are no closer to monetising that success than 10 years ago. Anyone with a shred of pride and decency would have resigned by now for gross negligence
What a sob storey. As if the trillions in Euros that the ECB has minted and which Italy has benefitted from shouldn't be used to honour the Rule of Law and the Right to Property. No-one may be deprived of his or her possessions. These green commis make me sick!