Member Info for Nastynick

I just asked ChatGPT if Isobel was appraised at 1.4billion barrels recoverable what would share price be, it said it would add 7x, so £3.50, making current share price over £4. This would happen in stages as well appraised etc. I also fed in some of MMs data, it said that sometimes their is a sump full to spill, but would need CPR to confirm ( as we already know).

If MM and Oil Brat had been in charge of the drilling campaigns I think DES would still be here and this share price would be in the many £s year ago….ho hum.

GLA

MM is a legend, I hope he is well and we get blessed with his posts. I am not from this industry and don’t possess his knowledge but I can read Isobel is potentially 1.4billion barrels recoverable, truly a monster and dwarfs Sealion. That’s why as I have said before, I would like them to prod a couple of holes while they starting off Sealion, because impact then in share price would be substantial, before waiting a few years for first oil.

GLA

All hail to Marlon Monkey

If we break £1 I will personally buy the hob nobs for all at the next AGM

“I doubt a packet of hob knobs has been found at this stage given the keen appetite of those who attended the AGM.”

Rumour is that these were the chocolate coated ones, now it makes sense ?

Possible Reasons for sp rise:

Insurance pay out positive

Shenandoah oil rate as expected

farm in partner coming

Extra packet of hob nobs found unopened after AGM

Take yer pick

Sp could be uk for a number of reasons the reason I say don’t worry about the $30M insurance claim is that if we are trying to raise $90M than $60M it still means FID is happening otherwise we wouldn’t raise it’s conditional. And if that is the case the dilution impact will be negligible

$30M is still a side show in the grand scheme of things. It won’t hold up FID.

OM was always the side show. FID is the main event and will happen regardless of OM award or insurance pay out. Shenandoah oil production rates are the key as they demonstrate ability to banks that Navitas can service the loans. Once that’s announced (assuming positive) Sealion FID success jumps to 95%. So my attention is on that.

GLA

Here comes Shenandoah

I was also incorrect about Bigred I thought garbled was harmless fool. However it was proved otherwise and BigRed was spot on.

When 99.9% of scientists can’t even agree what a woman is, do you really believe they all believe in global warming stuff lol, don’t be duped. Cat food 8/10 people said their cats preferred it. As soon as you here this 97% nonsense you know it’s propaganda

JEBR, they’re wrong

97% of scientists being funded for climate change programs agreed that climate change needs funding…..you couldn’t make the nonsense up…seriously you fall for that?

Climate the movie….as we thought a means for big government and industry to control the masses via fear.

When will people wake up

Alma - I would be surprised

We will see

Rolfharris,

I don’t watch the BBC propaganda, my pronouns are winding up left wing snowflakes/ seeing them react like left wing snowflakes.

By the way 97% of liberal students can’t even tell you what a woman is, but a 5 year old kid can.

Don’t believe your lying eyes, sorry fool me once (ice age coming) shame on you, fool me twice (global warming) shame on me

More climate change nonsense carbon offsetting….another way of controlling us for something the governments made up. I wish someone would just say we done with this nonsense…oh they did …Trump. He will be proven right but unfortunately this new green religion is like a cancer especially amongst the young snowflakes.

Let’s hope we get the oil out before those previous creatures start getting their soup out and orange paint.

Https://www.danos.com/danos-pipeline/danos-supports-beacon-s-deepwater-shenandoah-project/

You think they going to agree this mid June, if Shenandoah is not going to be a success?

When first oil flows it’s the catalyst for the rest of the requirements. As I thought a long time ago it’s obvious the revenue from this supports the loans for Sealion, that’s why FID was delayed because of the contingency. That said Navitas hasn’t worked to the slowest horse, so everything is lined up just waiting for this piece of the jigsaw. Oil from Shenandoah is a massive deal, I wonder if share prices really reflect it when it’s announced.

Chill:

Bottom Line Assessment of Production Risk

✅ Probability Shenandoah achieves 90–100% of modeled production: ~70–75%.

⚠️ Probability of significant underperformance (>30% below target): ~10–15%.

✅ Overall impact on Sea Lion FID probability:

• If production comes in near expectations, FID credibility is maximized (90–95% likelihood).

• If production is ~20–25% below model, banks will still likely proceed but require tighter cash management.

• If production underperforms severely (>40% shortfall), Sea Lion financing could face tougher terms or further equity needs.

From ChatGPT:

Assuming Shenandoah proceeds as scheduled:

• Without Shenandoah online:

FID probability ~65–75% (strong but dependent on financing and equity).

• With Shenandoah producing:

FID probability jumps closer to ~85–90% over time because:

• Cash flow risk is derisked.

• Balance sheet is stronger.

• Market perception improves.

This is why many observers think Sea Lion is now genuinely “in play”—Navitas has other income to anchor it.