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“Sealion, In normal times this would be a no, but in todays world it is possible”
sorry “normal times”, what does this mean?

Sea lion is commercially viable under certain conditions the cost of extraction and potential risks is less than the revenue that can be achieved for the oil. That’s it basically, “normal times” is not a definitive statement.

The price of oil has fluctuated so much, all oil produced anywhere in the world has been affected for its commercial viability.

The main thing is the trend line, the mainly political one world, one government movement getting us all to green energy for me is dystopian. Batteries and solar panels are green right? I have worked in electronics and power supplies most of my adult life, those constituent parts are anything but green. The move is politically driven in my opinion. This means the narrative can always flip a little. The reality is without oil, industry will fail. Supply versus demand says oil price will not fall below what is commercially viable for Sealion in my opinion.
Therefore in “normal times” I see Sealion as always highly commercial, it’s just political will required.

Good luck all

Wouldn’t this just be appropriate to get the long awaited RNS lol

What if the OM award is being timed for same day

April fool

Finalisation of definitive documentation expected in Q1 2022 with completion subject to satisfaction of certain conditions including regulatory approval

The above was in the presentation on RKH site. What may snag the “finalisation” or “extended provisions” to already signed heads of terms may be some regulatory stuff. I think RKH and Navitas have a smart plan the timing is looking great considering price of oil forecasts and over expectations on so called green energy.

To me the document looks done deal, they already told us the main points, which they agreed on, so it will be fine print and regulation, like the cursed OM.

RKH need Navitas and vice versa, it’s win-win , so I’m sure it will happen and FIG need it to. So why won’t it be finalised?

I’ve waited over 35 years, I may have another 20 years on planet if I’m lucky, I can wait a few more weeks / months I’m not going to be scoring points off posters like a kids playground if an RNS doesn’t appear this week.

Good luck all, whatever your position

You still continue with your mindless drivel. It’s enough to put a glass eye to sleep.

I’m hoping one day I log in and it doesn’t have your inane messages spamming the RKH chat

No offence meant, I think you need help

Since when did a share go up in a straight line, this is not even close to a dead cat bounce. Save the doom and gloom for another day

We both posted about his obsession at the same time, great minds and all that lol

Your posts are endless deramping, if you don’t like this stock go elsewhere. It’s become so tedious and your credibility has sunk below zero.

I don’t normally write such a post, but you seem obsessed with this stock. Take up golf, fishing, jigsaw puzzles or something that may give you a healthy alternative

Space Hoppa I 100% agree with your percentages.

One thing I think is that the award will be 50% of the total claim, as courts tend to determine both parties have some liability to reduce the exposure.
So if it was for say, $250M, I’m hoping we get 50% so $125M, obviously deductions for lawyers etc.
I read an interesting case study about this claim and similar and I think the precedent is set and that’s why I am going with the 50%.

Good luck everyone and of course you can never know how this will all end

My guess before and looking at previous case law on similar is that there will be a settlement around 50% of the total claim. I will let the mathematicians work that out.

No need for dilution and Navitas replacing the dead wood premier, Sam for all his critics may have just played a blinder.

All in my honest opinion, share price can go up and down, but this is starting to look tasty.

Close your shorts Ralph lol

All the naysayers must be eating their words.
This is great move by Sam and co. Stop the constant bashing I know it’s frustrating. At the end of the day it’s a gamble, you either believe in it or you don’t. I still think it will make me a lot of money after 30+ years invested in Falklands oil dream
Good luck

So much pessimism.
Remember we have a world class asset. Oil demand is growing not declining. Yes, things could have gone much better, but we are actually free of PMO and HBR soon. OM award looks promising in my opinion and Navitas could be ideal partner as they have less hang ups about Argentina.

Cup is also half full as well as half empty ;)

Nothing quick ever happens in RKH world lol

We should get news by end of October though I believe

Between bid and ask? wtf

5.84p bid and 7p ask.....usual rip off stuff by money makers

This came from Phipps senior Garbled was correct, also the comments made ...largely came true. We found the black gold.

What nobody knew or thought about significantly was the difficulty raising the funding for its extraction, this has been the elephant in the room for many years.

Argentina really put the spanner in the works as well and the British government allowed that, so I think this has been the surprise, the lack of support from the British government. They could have got this off the ground with the right encouragement.
I don’t blame Garbled for the position we are in, but I do feel let down by the British government for not supporting the endeavours of Falkland island exploration and capitalisation of assets.

Blue bottles and dancing girls if anyone ever remembers all that

This will be over 10p if the OM pay out is good, as expected

Good luck everyone, not over till the fat lady sings

If OM pay out is good...that’s what I expect, sp should be north of 10p...just logic

Best of luck, news should be soon

Does anyone know any reason why this suddenly went up 13 per cent ?

Yes, fresh packet of hobnobs just arrived in time for tea dunking

Godders
Donate shares to me, I will look after them for you
;)