Member Info for gus0

Mogger, I can't generally answer your ridiculous questions because I have all morons on filter. Unfortunately that includes you, that said I saw your message on my mobile so I will give you the benefit of my expensive time this once.

Am I confused- err no

Are the board seeking back costs? During one conversation with them HB mentioned that they do not expect to recover historical costs- whether they are asking for them or not, I don't know. All depends on how many potential partners there are and the ' competitive tension" HB keeps mentioning as to who offers what, clearly it will be a bonus if some back costs were paid for.

Nice multi year high finish, on the road to recovery and news soon I think!

Washing machine on today, but no takers. They need to move this to 11p to acquire stock

Dipped my toe in for 5 million odd-0.36p. Not showing though, my nose got twitchy when I read the story here and I fancy this- really do.

LTT. You definitely need to take into account the cash payment! The board though are NOT expecting any back costs, those days are gone I was told when I chatted to Harry and Bruce (that said it would of course be welcome if offered). That said the "competitive tension" that the board and it's investment bank are creating could indeed lead to a carrot cash payout. I am expecting Darwin East appraisal and re use of the well as a development well, 2 other holes drilled to complete the Darwin 3 well development drills. Stokes drilled and tested. Darwin West drilled and tested. 5 well campaign. (Stewart may actually get a drill as well)

LTT, I think you should remember that Rockhopper didn't just get Navitas pre fid loans, no upfront payment and no back costs. You should remember full well that Rockhopper received USD 231 Million cash up front from PMO on the first farm out and as we all know, it wasn't spent very well. Looking at Borders accounts they are actually showing £294 million historical costs as an asset (because it is as it's what it cost to find Darwin, strange as its a cost but also an asset). This equates to around 33p per share, just as the finders fee before any other value is considered- important consideration in regards to a takeover. I think we can all agree, a monster is awakening here and if I was a mere neutral, I would favour it here over RKH -all day long.

They are pushing this down, typical fun and games at Borders. Low volume is helping this.

Costs for the campaign and everything else was around 300 million dollars, this loss is being carried and is over twice our market cap. The board want that back, let alone the value of the actual discovery and adjoining high probability targets.

Brimacombe also bought at 4-6p.

All he big trades are at higher levels- good to see, washing in the 10's and to be fair its been the same every penny on the way up. First target 12p then 15p and then-20p.

Time to shake it back down by the looks of it.........

Nice £53,000 buy just gone through, looks like its going to be a bit of a shake up today. Looks a bit bear trappy at present with the illusion of weakness, we will see how the day pans out.

10.50 is a jokey finish, VWAP is 10.8 for a start, the games continue. Nice volume today though and i feel news isnt far off

Hannam and Partners has a 23p risked and £1.60 unrisked NAV. I wonder who's calculator is faulty?

Volume still poor though with most of the big trades going on in the background, hardly the fireworks of Falklands 1 but more like a reluctant drag back up to a more normal pricing level, still massively discounted on pre farmout risked Nav which is helping. I am looking forward to it really warming up here with RKH FID and our own farmout, sure it wont be the same as the original story but the sequel will still be exciting for us long timers and maybe, just maybe we can be arranging our own £1 party.

Hi Gravedigger, there's a couple loony tunes on that board, one is Brazil who is basically insane and has been moaning all the way up to 10p and Taxibabe who works both sides of the coin, ramp it and deramp it for monetary gain. Both are thick and void of any intelligence, its best to ignore. Next stage of funding will be from the new partner, for household bills and salaries we have more than enough cash till early 2027.

They are going to have to raise the bid dramatically if they want stock, no takers and not too much free float.

Maybe , but the city boys are here..... finally I may add.

Buys are piling in, knew they would get bored of fishing the puddles in the 9's...........

Level 2 is moving at last.