Member Info for markednmbr1

Ovets, We can only hope this will be the case, dreams will be made!

Maybe it hasn't been stated yet because if FID doesn't happen, the placing doesn't happen, and therefore the open offer doesn't happen.

I am expecting once we get FID, the OO entitlement date will be stated as the same date as the placing (or the day before...)

But yes Ovets, I accept that until it is stated by RKH there is no way to know for sure.

While it is correct that this has not been stated, my assumption is it has to be the date of the first announcement - IE ownership as of July 31 2025. Otherwise they aren't rewarding shareholders as stated who could not participate in the placing which also took place on this date.

If you could buy shares after the announcement and still qualify that would be insane. You could have never held a RKH share and still qualify for cheap Open Offer shares? I don't think so.

Thanks to those posting news of the Navitas fund raise - I would have missed this otherwise and it does seem like the majority of the UK market has missed this also.

I've been trying to temper my excitement about getting FID this month, but the boxes keep getting ticked and quickly. Hoping for a big re-rate when it happens and then the inevitable "mainstream" media news that will bring us fresh eyes with hopefully deep pockets realising that even at 80p(ish) RKH is undervalued and likely going to be a double bagger in short order.

Good luck to all holders!

Also who said it was a meeting with Navitas?

FI is GMT-3... so right now because of BST it is 4 hours behind so 10am would be 2pm UK time.

NastyNick - Shut up about "Jesus". Religion has no place on a serious discussion board.

No Politics, No religion. The 2 basic rules.

"I think 600p is quite possible this autumn"

Complete nonsense. Care to detail exactly how you think this could ever happen in the next couple of months?

150p is possible I guess, but it would require huge hype around FID.

Try to stop making things up please. Thanks.

Divi - "sadly, no one here Ever answered or challenged his negative posts, why is that ?"

More complete and utter lies. I was challenging Ralph when he was negative all those years ago, It's all in my history if anyone wants to go check and verify that Divi-Collector just makes things up.

LTT - "Well that question will be answered soon enough once we get to the 31st of October."

I have everything crossed that we have FID by then, but it seems to me that Sam keeps repeating that it will just be before the end of the year because that is all that Navitas have committed to. We don't want panic on the 1st of November if FID hasn't been announced right?

I know this date has been mentioned because it is when the FIG dissolves for purdah, but even if they are "off" is there anything actually stopping Navitas from committing to FID in November or December? If they have all the regulatory sign offs from the current FIG, why can't FID still happen after October 31st?

Same old nonsense, not news and not an issue.

Or they just decided to release it on a different day this year...

I received a letter from HSBC about the open offer saying the same thing.

To suggest the shares are going to drop to 53p is ridiculous though, so Pandy you better take a leaf out of your own book and stop being a "deramper" if you are so unhappy with the "rampers".

The open offer is just a thank you to the private shareholders that are still here after all our painful years. The company is now fully funded to FID/First oil and that is the real prize here.

Haha Nick - yes of course... I didn't phrase my question correctly I guess.

Where is the money going to come from to fund SOCIETY including the benefits for all of the unemployed when AI and Automation take over most jobs.

Because you can be guaranteed Microsoft, Amazon, Google, Tesla etc etc won't be putting their hand up.

I agree with but also disagree with a lot of the statements in this thread - I'm not going to go in to details on that as everyone is entitle to their opinion.

What I want to comment on, is the unemployment and vacancy rates. The country is apparently "Betting big on AI" but this in itself, is fundamentally designed to remove jobs from people. The more AI expands in to our everyday lives, the higher the unemployment rate, and the lower vacancies. This is not just AI but automation in general (IE self checkouts..).

Either the fundamentals of how analysts look at the economy need to change to reflect this, or we are going down an obvious path to self ruin and simply "making the rich richer". Sadly I think it's the latter but I can't quite understand why this isn't being talked about more or as obvious to more people as it seems to me.

What is everyone going to do when AI and Automation take over most jobs?

Classic AI.

Nobody knows yet as it's not been announced, neither has the actual amount per share.

My opinion is still that it must be the date they ANNOUNCED the open offer originally, otherwise you could have bought since to be able to get cheap shares, which doesn't seem legit to me.

I'm still hoping its around 1-40 but JEBR could be right it may be more like 1-50.

This meeting seems to mostly be around remuneration for the "office holders" which I am assume should be translate as board?

If you want to put a positive spin on it, maybe they expect SL FID to happen so they have bumped the meeting to enhance their case for greater remuneration....

Action Items I can see:

- To approve the reappointment of the accounting firm Kost, Forer, Gabbay & Kasierer as the

partnership's auditor for a period ending at the end of the next annual general meeting of the

partnership.

- To approve the proposed compensation policy for office holders in the partnership and the

general partner for a period of 3 years from the date of approval by the meeting, as attached

as Appendix A to the meeting invitation report.

- To approve the updated compensation package for each of the office holders on behalf of the

general partner as detailed in section 2.4 of the invitation report.

- To approve the granting of exemption and indemnity letters to Mr. Gideon Tadmor and Mr.

Yaakov Katz, in the forms given to the other directors and eligible office holders, for a period

of three years from the date of approval by the meeting.

"Wow - nearly 10 million RKH shares traded today! Is that a record?"

Nowhere close. I can recall 20, 30m+ days back in the "good old days"