Member Info for Nastynick

Once Shenandoah reaches steady state next year, you can expect around $130 million per month in net revenue, assuming benchmark oil pricing holds.

From chatGPT…..about $1.billion per year

Nice post crofty, whichever way you look at it millionaire status beckons, it’s just how many. FID is everything after that it’s all just timing and patience.

GLA

Impatience

ChatGTP said it had used outdated information when re run the numbers now improve :

This justifies £1.00–£1.10 post-FID if no major dilution occurs.

⸻

🔼 With First Oil & Reduced Risk

• Production visibility typically raises valuation to 1.2× to 1.5× P/NAV

• That pushes valuation to £1.30 – £2.00/share depending on oil prices and capex discipline

⸻

🧱 With Resource Expansion

• Add another 200–300 million barrels recoverable in Sea Lion Phase 2, Isobel Deep, etc.

• NAV could exceed £1.5 billion → ~£2.30–£3.30/share range

I don’t know why 730million this was chatGPT maybe an error or something we don’t know let me challenge it

1. Sea Lion Phase 1:

• ~250 million barrels recoverable

• Rockhopper’s net entitlement ~75 million barrels

• NPV per barrel (post-Falklands tax): $8–$12

• Total NAV: $600m–$900m = ~£470m–£700m

• Current shares ~730m = NAV per share = 64p – 96p (base case)

2. With First Oil + Cash Flow:

• NPV de-risked by 80–90%

• Market may apply premium for producing asset (P/NAV > 1)

• Justifies £1.20 – £1.80/share

3. Resource Upside:

• Sea Lion Phase 2 + nearby structures (Isobel, Elaine, Zebedee)

• If recoverables increase to 500–600 million barrels:

• NAV/share = £2.00 – £3.00+, assuming market confidence and long-term oil >$80

Paul Drayton you just made my day!! Hats off sir for that find

GLA

Here comes the 5 bagger

“A Camembert coward” lol perfect description.

Great job crofty!

Gimpy - please put your dummy back in

ken dodd was funny chessstudent isn’t, just blows smoke up his own ****.

ZYX thank you, put that tithead Chessstudent in his place. FID is happening just get on the train. They aren’t doing all this work for nothing.

GLA

Happy times are on their way

don’t believe gimpy and chesstithead….they sold out months ago at a much lower price and hoped to get back on a retrace but it’s never dropped so far despite us being robbed by the icsid fiasco. navitas are storming ahead, we will benefit by their determination and abilities to get **** done. fid q3 is my estimate.

gla

here comes the black gold

Almost 4% today, all time high well over 10,000. Bodes well and Shenandoah announcement soon I hope.

Isreal isn’t going to sit back and wait for Iran to finish developing their first nuke. It’s like Turkeys waiting for Christmas. The Iranian government has made their intentions obvious and the consequences of that tyrannical regime can only end up one way, which is happening. Starmer take note

Gimpy: I hope Sam is getting a pay rise following his outstanding leadership to bring us to the cusp of becoming millionaires. I’ll vote for it. thanks for reminding us about how little he gets (especially after the tax man has fleeced him 50%)

GLA

Impatience

Any thoughts that share price could be being held down at 45p while they complete a placing and then we will just get the RNS confirmation and then it climbs back up? Could we raise say $50-60M as we are now about 20% off the peak and this covers FID while the cash in the bank secures company runs for a few years and the insurance pay off can be used for any FIG tax payout or just keep lights on and hob nobs?

GLA

Impatience

Chess “if any of my followers behave rudely like Ovets, then I will no longer bless you with my extensive wisdom & foresight.”

That’s got to be the best invite if anyone needed it. is this a promise Chess? Or just some more fakery?

GLA

Impatience

This has to have an effect on RKH sp. if Navitas is going gang busters their next big project is Sealion. All bodes well….excited. Have a blessed Sunday, my dad is 91 today!

GLA

Impatience

Asked ChatGPT how and when 500k shares coukd be worth £1M, summary below:

FID confirmed (H2 2025)

80–90 p

~£400–450k value

Construction/financing completion

120–150 p

~£600–750k value

First production starts

180–200 p

~£900–1,000k value

Resource upgrades announced

220–250 p

>£1M

Https://www.share-talk.com/falklands-energy-revival-rockhopper-and-borders-southern-lead-the-frontier-push-2/

Chess, you really are clueless, stick to draughts it’s easier.

GLA

Impatience