Member Info for IAmNotAnAnalyst

It's probably because it would have made no material difference to debt levels and hence no difference to the current value of the company.

I know what your saying; I fear you may be correct and any thoughts of it working to the current timescale is folly. However, that's not what PMO and RKH have been saying and the RKH share price supports a non-zero probability of sanction in the foreseeable future. Finally, as much as the POO is clouding my emotional state now, with something like Sea Lion, to support sanctioning it the financial calculations will be based on the POO many years in the future. Considering for the last 6 months there has been incredible volatility in POO, meaning forecasting has been very difficult, forecasting the mid 2020s price seems near impossible without giving a wide range of possible outcomes.

This may be a naive question but if PMO we're very keen to get Sea Lion going what would their options be for funding? As an already indebted company it makes sense to me they'd shy away from taking too much more debt. Could they ask shareholders to pay? It seems to me that might be a better way to fund it than more debt. What I don't understand are the negatives, would it look terribly bad if the shareholders didn't agree/want to optionally fund? Is it too much money to ask for considering the market cap of PMO? I'm just interested in the choices so any thoughts from others would be welcome.

RNS Number : 7540H Greencore Group PLC 14 March 2018? How is this important/relevant?

It does sound like pseudoscience...I think that's the link to anthropmorphic climate change deniers refering to it. Check the Wikipedia article for "Solar cycle" and look at the cycle 24 sunspot number graph, it is actual science. The challenge is linking sunspot activity to climate on earth, but studies showed that low activity resulted in colder winters in the US and N.Europe and warmer winters in Canada and S.Europe....make of that what you will!

How can PMO afford it if it's already suffering under massive debts?!

I can't find it on Reuters. But in the 'webull' app it's the latest entry under news for PMO

According to Reuters Tony said "DOES NOT THINK FALKLANDS SEA LION PROJECT FINANCING TO MATERIALISE THIS YEAR"...I know that's not a total surprise but is the only direct reason I can think as to why the fall today hit RKH so hard. Consensus seems to be POO will be $70 for the years ahead so despite the recent price drop it doesn't seem enough information to reduce the likelihood of sanction. Also I can't understand why brexit uncertainty would impact RKH/PMO so heavily, income is in $ and is not reliant in any way on UK economy (unless I'm missing something?) P.s. first time poster, long time lurker so thanks to all for the variety of points and opinions seen here