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My comments were an "off the cuff" response without too much thought but that "page of cups" is a bl***y w****r for posting such crap. Loud applauds to Mogger from the Rkh board for the quick and decisive public shaming...!
Seems a tad ludicrous as an incentive to offer options with a vesting date of 20/2/27 to the new CEO, if there's no chance he's ever going to get them... nothings without risk but surely that last RNS should be taken as a sign of confidence from the board.......why would Cameron be in the falklands and give that very public speech unless everything is in place with Argentina...... it would be incredibly reckless! Appears to me that the Argies have accepted that they have enough of there own black stuff, want the investment from the western oil companies and it's no longer worth squabbling... looks like a green light to me....
Shares like this should only ever be shorted, luckily I'm not invested, all the signs have been here all along...sell the dream, pump the price, hype the prospects, hook the punters then string them along as long as possible with the promise of jam tomorrow... The authorities don't get it do they... when trust is gone there will be no more investment...yet another cancerous AIM sham..... reputation is everything and the British reputation is one of zero integrity
Got to say these posts about picking up a few more shares. really gets under my skin too... just for once can these huge buyers declare their purchase/sale before the event not after... at least then there would be some credibility in their statements....
With nothing coming from the Rockhopper final results, I didn't expect anything from B&S either, My take on this is Rockhopper /Navitas will be joined by a third party and then absorb B&S like the others. We will then be issued with equivalent Rockhopper shares. The New Falklands consortium which I think will include a Canadian contingent (Suncor) will then move forward to development with all the Falkland discoveries....... Just my speculation
hi all, I think, when / if the good news comes it will be sweeping and will involve all the oilies around the falklands, until RKH announce FID I think BOR will remain silent, and only play their hand then..... that is my guarded optimistic opinion ..
long term thinker this is not very long term thinking!
£0.1 X 731million shares = 73 million pounds
price of Oil = 60 dollars
60 dollars in pounds = £48.34
26000 bpd => 26000 x £48.34 = £1.25 million per DAY
1.25 million X 60 days production (approx 2 months) = 75 million
You're suggesting this company is worth less than 2 months production? That's more than insane.....
If the information in the latest Investor presentation is correct and has been verified independently, then the fundamentals are utterly and totally compelling !!!!!!!!! Can the world please quantify the numbers involved, the project will BREAK-EVEN just after 13 months..............13 MONTHS!!!! that's also INSANE!!! This company should not be valued in the millions, WE ARE TALKING ABOUT BILLIONS !!!!!!!!!!!!!!!!!!
I cannot conceive that there is not an oil company on this planet that is not interested. It is not an "IF" situation it is a "WHEN" situation....!!!
If this goes for anything under 25p I will flip out! I agree my worry is not the asset (I think it will prove to be world class) but the integrity of the board. Especially in the manner in which the last fund raise occurred! 25% dilution to my holdings in this company during the last 12 months.... Not Happy.. We should have been given an equal opportunity in the fund raise..
Just to add, if you're holding shares is in an ISA format and you are fully subscribed then even if you wish to participate, you will be limited by the remaining allowance of your ISA account.. allowing unsubscribed shares to be offered as excess to those that can...
Its all very fascinating reading all this stuff, but its all irrelevant. The key point as happy has noted is that they are going to dilute again! why?! Seems incredibly short sighted to me to again be in a position that requires further financing when at the beginning of the year they could have raised 10 times the amount they sought and seen them financially secure for a good 5 years in one hit. The half year report tells us a lot of things, the No. one thing it tells us is we are going to get shafted, probably by our chairman as page has already mentioned.... .. However looking at it from the flip side, them wanting more is very much a positive and by the nature of the fund raising suggests a determinate time line...?
I'll be honest, never followed level 2, and I'm not sure I would understand it, even if I did. I quite agree though AIM stocks are so manipulated that it is probably irrelevant anyway. like you say the price is just a point on a preordained journey. lets hope we have read the same story and it has a gripping finale.
12:30 (31/08) 4.83 207 4.52 4.99 ? - - -
12:24 (31/08) 4.85 34 4.52 5.48 ? - - -
12:15 (31/08) 5.10 100,000 5.10 5.86 ? - - -
12:15 (31/08) 5.10 18,292 5.10 5.86
so these are the trade prices either side of the time the large trade was reported so surely this trade was a sell, absorbed by the market makers that have to maintain liquidity. that's why the price dropped straight afterwards. is there more to be read into this trade than that? I read your posts Gus with baffled perplexing confusion. It doesn't mean your wrong but I don't understand ?
Hi Anth. I took Taxibabes post as very very informative. And I thank her for that (maybe a him). The timeframe quoted in her post was T25. Their just extending for another 25 days into June that's not an extortionate length of time and sounds completely plausible..... Hi to all the Scots involved!
Urm, so if MM are rolling over and extending their positions.. That would indicate they are waiting...? and expect news that will create a rise...? If anybody has got their ear to the ground then the MM probably have...ok I will take this has a positive,, take what information you can, PIs.....
Thanks Taxibabe, I take it from that response you work in the industry, maybe in future, we can call upon your expertise for other queries....It reminds me of the good old days when I was at Hoodless Brennan and I could make huge trades and not pay for them for a month which was great when you got lucky but not so good when you came to pay and there was massive difference between the purchase price and the price on the day of settlement....hard to do that now.....probably for the best..