Member Info for JimmyGodbold

So what happened? All resolutions passed and not even a nod or wink.

If you go back to 2010 and look at the AGM presentation that Chairman Dr Jungels made, it shows 80% of the SL value being created between discovery and FID, with just 20% between FID and production. It does not look remotely like the mining Lassonde Curve.

Read and enjoy....

https://rockhopperexploration.co.uk/wp-content/uploads/2016/05/AGM-Presentation.pdf

So there was a General Meeting today. No shareholders turned up in person because it was too hot in Mayfair. All resolutions passed by proxy.

No-one is any wiser. What a waste of time.

"But I will not be bullied by you men.........."

So said a bloke 🥸

I've picked a lane. It's called a cul-de-sac. Twenty years of re-inventing Orimulsion with no takers.

And the landlubber cognoscenti all said barnacles weren't a problem......

Refineries won’t produce MSAR® without guaranteed buyers

Shipowners won’t commit without guaranteed supply

Ports won’t bunker it without volume

Engine OEMs won’t certify without long trials

Investors won’t fund it without contracts

Quadrise is stuck in the valley of death between pilot success and commercial adoption.

If MSAR became a raging success, the road construction and repair industry would fight back to retain its share of the fixed bitumen supply chain for blacktop use. There is no way of increasing the % of residuals at a refinery. Bitumen prices would inflate and marine diesel would outcompete MSAR. There is no credible business plan here.

Pedant alert! A 28% drop requires a 38.9% rise to return to the original value.

"The short showing on IG is there SB side."

That's Garbled again 🤑

when you must ask your dad for a bailout, you are ******* e d .........

this is the end, egdon will take over the ujo share of wressle and they are laughing their t i t s off

west newton same story....

OK, I'm convinced.

The SP slide is clearly a result of Divi's short position and his price forecast. Should have realised that before posting. Sorry about that.

Markednmbr1. I don't think we have the clout to influence Navitas decisions, but they have the clout to put a finance director on the Board

Markednmbr1. So basically you are agreeing that RKH will have to find the 35% of any acceleration budget?

I am just suggesting this is the reason for the SP decline "FOF", fear of fundraising.

Appointing two new "finance" directors when the narrative is "fully funded to first oil" is bound to cast market doubt on that narrative, rightly or wrongly.

Accelerating phases 2 and 3 of Sea Lion when they were supposed to be sequentially fully funded from phase 1 revenues also raises eyebrows.

Share price declines, unsurprisingly.

Navitas will be awash with cash from selling down part of Shenandoah and from $90+ on its produced oil in USA, so is free to do as it wishes; RKH looks like the tail being wagged by the Navitas dog and share sentiment is affected by that.

"Llandudno Scrolls - can anyone explain please?"

Oil well core store and document archive for Oil Cos at Llandudno Junction, operated by Oasis Group.

These facilities typically hold operator‑retained material, not the statutory quarter‑core that must go to BGS.

Two Israelis surely?

The trajectory for BP is now clear:

1. Sell the North Sea assets

2. Appoint a US citizen as chair

3. Move the listing from LSE to NYSE

4. Reverse into a US subsidiary

5. Name change to AMOCO, not BP

6. Egg all over the faces of Miliband and Reeves

Nick

They are not shares, they are partnership participation units, a totally different thing from shares.

"Solution…….all share offer from Navitas @ circa £1.50 a share for RKH giving the new combined entity 100% control of Sealion."

The problem is that Navitas is not a share based corporation. It's a partnership so it cannot directly make an all share offer. It might be able to offer shares through a wholly owned company, but such shares would not be tradeable.