Member Info for JPDM

Mine would be:-

1) £1.44

2) £2.87

3) $64.5

Best wishes

JPDM

Happy New year everyone. Wishing everyone health, happiness and good fortune in 2026

From a not so sleepy country pub here in Stoke-by-Nayland.

JPDM

Thanks newgrange.

Indeed. I did actually top up a bit more yesterday, two small 25,000 shapes at 3.27p, one for the ISA and one for the SIPP. Still can't believe this is only valued at circa £4m!

Very best regards and wish to you and everyone else

JPDM

I too have received notification via my ii account however, nothing yet via my main holdings in my Fidelity ISA and SIPP. Did put a call in just now and was advised that it should show on Friday.

Kind regards

JPDM

Good Question MB 14-10-2

I would assume it would be based on your holding as of 19th December. However, do let me know if that turns out not to be the case.

Very best wishes

JPDM

Ladies n Gents

Just for the 'Silent Readers and Watchers' of these message boards. This is an Open Offer and you should be able via your trading app or via a phone call to your broker to find out what your entitlement is and how much it will cost you to purchase. Key words = Rockhopper, Corporate Action, Open Offer.

I hope we aren't all getting too excited about how much we could make out of this. Its very small amounts really. Below, is a quick list of examples of holdings, how many you would be entitled to, the cost and...... as an example, how much you would make based on purchasing at 53p and the shares trading on the open market at 70p :-

You have 100 shares, your entitlement is 2 shares at cost of £1.06, market value at 70p = £1.40 so profit of 34p

you have 500 shares, your entitlement is 10 shares at cost of £5.30, market value at 70p = £7 so profit of £1.70

you have 1000 shares, your entitlement is 20 shares at cost of £10.60, market value at 70p = £14 so profit of £3.40

you have 10,000 shares, your entitlement is 204 shares at cost of £108.12, market value at 70p is £142.80 so profit of £34.68

you have 50,000 shares, your entitlement is 1020 shares at cost of £540.60, market value at 70p is £714.00 so profit of £173.40

you have 100,000 shares, your entitlement is 2040 shares at cost of £1081.20, market value at 70p is £1428 so profit of £346.80

you have 200,000 shares, your entitlement is 4081 shares at cost of £2162.93, market value at 70p is £2856.70 so profit of £693.77

Or... Just take your holding and divide by 49 and round down.

If you are doing this via a share ISA then as long as you have enough ready cash in the ISA for the shares then you should be ok. If you are up to your £20,000 limit and its all tied up in stock then you can't add further cash to your ISA, you would have to sell some stock to realise cash in your ISA or maybe discuss with your broker if there is an alternative.

Hope the above is of help, if for any reason I'm not been clear or theres a school boy error tucked in above calculi then let me know.

As always, my very best and sincere regards to all

Wishing you all good fortune.

JPDM

Nothing on my Fidelity account yet either

Kind regards

JPDM

Gordon57

If you have enough free cash in you ISA that equates to the cost of purchase of your open offer shares then you are ok. Otherwise you need to sell some shares within your ISA to have the necessary cash.

Best regards

JODM

Merry Christmas everyone.

All the very best

JPDM

Indeed Ovets!

Good Afternoon flipper56

Good question, You and others over the years have probably noticed that i tend to go round the houses and then bring it all together with an answer at the end of the blog. In my younger years I grew up listening to Alistair Cooke's 'Letter From America' radio casts and I guess some of my style may have come from that angle. I digress already!

The risk of FID not getting that final tick box in my opinion is very small and therefore the resultant share price movement I would expect to be small. However, that final sign off (along with any additional news) could act as a catalyst depending on how the SP is tracking. Currently, I'm feeling it should be somewhere between 82p and 90p (Mid 86p) and with FID finalised it just consolidates the end of that chapter in the RKH story. For me I am using the recent trading range lower end of circa 72p and upper of 85p, anything above that level I consider a small profit take and anything below that lower range of 72p I consider currently to be a top up opportunity. Today I did secure extra shares at 69.99p. So, If I take where we are now as I type at 70p and with a final sign off fundamental and sentimental value coming in at Max 90p and split that difference then I come out rightly or wrongly at 80p. So, in answer to your question NO.... Not a big bounce but a consolidation at around 80p - 86p. Got there in the end!

As always, I hope there is some logic to my ramble and hope its of help. Time I guess will tell how accurate my assumptions are.

My very best regards to you flipper and indeed all

JPDM FM

Ladies n Gents

IMHO the elastic band is stretching a little too much downward so I am starting to top up sub 70p level. I don't use stop losses but those who do just keep an eye on where that level is placed just in case of any sharp movements.

Best wishes

JPDM

Thanks 36800

Particularly appreciate the Ranger update.

Best regards

JPDM

Good Evening LassondeCurve,

That question makes it very easy with hindsight to say 'NO' and look good but that would be a lie. Trying to extract the wood from the trees there has been a working channel pretty much 72p to around 85p. The tricky bit has been trying to work out what is the fundamental SP value and how much has sentiment added to that pricing. My expectation was that it would go up but not to the levels suggested by some. With the expectation that FID was fully priced in I would have expected a marginal rise to just sub 100p (max) followed by profit taking, especially some of the long term holders who may have picked additional stock up sub 10p a couple of years ago. I would not have expected anything sub 70p. I do believe there is some re-balancing to come with new investors coming on board and maybe some longer term holders taking profit. With FID some of the sentimental value now transfers to factual/fundamental value and for me, and I could be totally wrong, but neck on the line I would expect the SP to be tracking somewhere between 82p and 90p. Its currently not so I'm already wrong as such. So, in brief, YES I did expect the SP to rise, YES I did expect it to retract but I did also expect it to have settled higher than it is now. Fair SP of 86p. This is all just my opinion and I always welcome debate.

My very best wishes and regards

JPDM

Hi LTT

This is where someone like Oil Brat would have explained this really nicely however, I would say that 2P is reserves are reserves 50% likely to be recoverd whereas 2C relates to reserves that are potentially recoverable but face technical or commercial issues. I would guess that with finance now agreed and FID announced then this has helped move from C to P (as it were). I would expect this to re-rate the value of RKH. My background is charting so I may not be 100% correct and I would happily bow to the greater knowledge from one of the 'Oilys' who post.

My sincere and kind regards

JPDM

Yes indeed! Wasn’t me either in fact I’ve just topped up with another 60,000 shares about 10 mins ago at 3.5p. Good to see RKH sp recovering.

Cheers

JPDM

Afternoon Ladies n Gents

Has anyone got that end of year guess the SP list we did handy?

Best wishes

JPDM

Good Afternoon DC

You're welcome and glad you've made good profit. With everything that is coming together I will be holding my current position in WTE.

Best wishes

JPDM

Yep.... Spot on Santos, beautifully explained.

Best regards

JPDM

Unionjack1

It would be a pleasure to share a beer at some stage. Happy to confirm that I'm still having 'Cider with Rosie', well remembered sir!

Sincere and best wishes

JPDM