Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thanks for the support, it is appreciated.
Forget it M-D … all bets are off till 1st oil apparently. Sorry to say you lost again …
Better luck next time ?
Well actually covgaz … seems none of those apply to RKH and I’m just putting it out there that Sam must carry the can for it. I will agree it does seem that RKH are on the cusp of achieving something special but what I can’t get my head around is: IF simple one me has reached that conclusion and so it seems almost everyone on this forum, then WHY hasn’t the market ?
Just doesn’t make sense
So we sit patiently at 11p until 2026 ??
Well there you have the answer … the SP is a reflection of the markets belief in RKH .. absolute zero.
Queue everyone to hurl abuse at pointing out the truth.
Well here we are, rapidly approaching the end of Feb and … the SP is virtually where we started on 20 Dec after the RNS concerning monetisation of the award.
Why ?
OMG … pot calling the kettle black.
Nothing has changed … but IF a takeover is on the cards then I was curious as to what people thought it would be. Nothing more than that …
Haven’t you been watching M-D ?
Course not, too busy praying for a South Falklands rig.
Ok most of us have an idea of what our profit point is and when we would sell a portion of our holdings but what would people accept as a Takeover price?
Is it even possible to take RKH out ?
And you should learn to stop telling porkies ..
Thought he said he had exited RKH sold all and praying for revenge every morning ?
HM Govt have made it quite clear that they will RKH success but have refused any financial assistance whatsoever
Dear oh dear … because it was a different oil world then …. ?
Seems like a dead duck until Sealion money starts coming in and even then there would far better options in the North Falkland basic eg the ARG West side of the Grabben
Have RKH got the cash to spend ?
Yup let’s keep it on topic … RKH not BOR.
Yes agree it is ‘possible’ that a rig spec for the South Falklands could be used but how likely are Navitas and RKH like to go for that … that should be the question.
Very unlikely I think but open to ‘serious’ debate rather than pure ramping.
@covgaz I’m not convinced that for example the acceptance by FIG and publishing of a final EIA (expected soon) will do that and I suspect the next piece of news is not within Sam’s control. The poor website and lack of action from RKH just confirms the markets current appraisal of RKH’s abilities.
In one way it’s a great decision by RKH not to attempt the operator route themselves when Premier push the eject button. Pity they didn’t attach Sam to the Baker-Hughes device.
Not even sure FID will cut it and perhaps a third partner or contracts be light the blue touch paper.
@60 million extra shares @ 9p issue via warrants and a 20% profit on that is £1 million … paltry ?
You must be one of the large holders the covgaz ?
@LTT I agree that the 9p shares are a bottom draw target but at this current SP so too are those simple bought aft todays face value. So my any warrants were taken up at last minute that we now have a huge overhang of shares held by institutions which is holding the price down.
Whilst I agree many PIs will be utilising their ISA allowance I don’t think that applies to the many millions that the large holders are using to just take the 20% or so profit whilst PIs sit and wait.
I agree. Has Sam retired already ?