Member Info for Neilius

Bar some day trader type folks (playing with fire in my opinion) my thought is that very few are buying, or selling, these shares. Those of us who have decided to invest have their ducks all lined up already, or not.

We need news, we need media, ultimately we need that decision. But in the meantime, we wait and watch, and wish they’d hurry up a bit…

Like so many times over the last year, these prices will eventually be deemed as wishful thinking to have bought in at.

Hi Oscar

On a Sunday evening it is nice to have a think about a £2.50 share price…!

Time will tell, but I’d love to know where we will be in a year’s time.

Hi JEBR

An excellent post.

In a long story, short version, I’ve worked with some of these scientists gathering deepwater samples for their research and none mentioned any sort of agenda other than the facts as they currently knew them and that they wanted more information to add to the greater knowledge and to write papers, this process can take many years and encompass whole careers. The fact their facts, endlessly researched, are dismissed by people who have done no research is kinda wild tbh.

They explained that they had evidence of all the ice ages and intervening warm periods between in the last half a million years. They also knew from research (ancient reefs, rocks, ice) what the chemistry of the earth’s atmosphere was at these times. The readings for the current cycle of warming is off the chart compared with the previous cycles. So the warming and cooling cycles happen, but the current warming is different, a lot different. The scientists never actually discussed what caused that, that wasn’t their focus.

These scientists were all PHDs and some professors, very interesting folks, very focused on research, and not “making up stuff” to suit some sort of agenda, just examples of where having endless curiosity will take you.

Anyway, we are all here, waiting for FID. I’d be rather grateful if they’d get on with it…

Nikb

Interesting comments, the FT just reported OPEC are going to reduce output to avoid a glut next year…I’m picturing some dude in Saudi reading this forum..!!

It is hard to not consider the fluctuations in oil price being driven by political manipulations by OPEC as much as anything else, undoubtedly the price is softening but further horizon projections are that there isn’t enough investment in exploration. I suspect that this underlies a lot of RKH investors positive view on the longer term.

As an aside, I had a quick search through FT and The Times today to see if any reporting on RKH or FI oil in general was available from recent times. The most recent I found was 2023. My view, not alone in this, is that we, on this forum, are in an RKH bubble. As and when FID comes along and is reported widely in mainstream media I’m fairly sure this will great significant interest in RKH. I’d guess to a value of several 10s of %. Just a guess, but we are in a virtual news vacuum that will be burst when FID falls.

Also noting Sir Kier’s and Ms Reece’s positive noises towards the North Sea in recent times. It seems that the UK gov dark cloud of overly high tax may soon be lifted.

@Longtermthinker,

I’m aware some folks in this board have emailed Rockhopper or Sam directly, can someone who has this access simply ask what is left to be done? Can’t be much…

I’ve a similar thought to the other long term folks commenting; undoubtedly a disappointing week or so but my goodness I’ve seen worse!!

I’ve been six figures underwater on this share and kept buying as it was always my moonshot; the ins and outs are interesting to a degree but, for long term holders, they don’t actually matter, for us, it’s all about FID.

It’s becoming a struggle to think of any significant risks to FID now. We are in such a different world to one year ago.

Hey, anyone seen Paul D on here lately..?

Been quite the week…!

It’s been a long time but this is genuinely a weekend where folks will be wondering if they stay out they might miss something…

As for me, I’ve got my tin hat ready for whatever comes on Monday!!

Good luck..!

I think that the share price rose a little quickly and we appear to be retuning to the trend (not a trading expert but on a 6 month scaling it appears this way to me).

There will be ups and downs as regards the finer points of the placing but this gave us RKH shareholders the final costing of FID, even without insurance payments RKH can afford to go through FID, no ifs and buts, no drama, they can just get on with it.

For me, we just aren’t used to this, folks on here like speculating but there is little to nothing to actually discuss, FPSO, timeline, financial, all pretty much in place as far as I can see.

I expect a return to the trend, a jump at FID, a dip, and then a continuation of the trend…as someone said some time ago, kinda like Navitas over the last couple of years.

Just my opinion, see what happens, be nice to have an up day though..!

I’ve not read anything anywhere that makes me think BOR will do anything anytime soon, but their share price, for me, shows the power of tight share holdings and a lot of sentiment.

A week or so ago a lot of knowledgeable people posted their valuations of RKH at different stages that should come over the next few years. With sentiment, it will be interesting to see what the actual share price ends up at.

I have been reading the chat around Isobel, Phase 2 and the further development of RKH and its oil fields with interest. My main thought is that the recent expansion in shares isn't the last, I can see that even when RKH is making money from oil there will be pressure to fund the next stages of developement whilst there will also be loans and, if I recall correctly, tax bills to pay so raising capital required. That said, future diltuions, because the share price will be higher then, will unlikely be a significant percentage of the number of shares. As we have seen recently companies don't just raise what they need, they add a big enough fudge factor that they don't need to ask again for every bump on the road. For me this is how you build a successful company, not being skint the whole time helps and ultimately we want RKH to remain indepedent and successful, not bought out for 20p on the £1 of what it could be worth a couple of years down the road. In short, I think all that is happening lately are all good things.

Interested to see how the market moves on Navitas news, folks have got to be thinking this is going to over £1 sooner than later...

My “cheer me up it’s Sunday” award goes to Paul Drayton..! Thanks Paul..!

Further to this, my view is that predictions of this amount of upside is why the share price, after FID, and the news of this new basin becomes widely reported, is going to go rather skyward.

@JPDM

Thank you for taking the time to write such a thoughtful reply, your analogy with the car is a good way of describing what we are seeing. I wrote a wee while ago the old RKH share price result of any positive news was to go down rather than up had notably (!!) reversed, the fact it’s going up with increasing velocity was the stuff of dreams in November.

I’m sure many will take their winnings and carry on with their day but I’m not wanting to cash out, I made my deal with the devil on this share, totally against any sense or financial prudence of any kind, and I’ll see it through to first oil and beyond if I can.

Moving on to one subject you touch on, the insurance payment, I was wondering if the end of the month would be a possible trigger for insurance monies to be paid? Unsure how that’s normally done, anyone know..?

Any chartists out there with an opinion where this goes to? I read someone mentioned 80-82p yesterday..? I’m definitely not a chartist but even I can see (hopefully right in saying this..!!) that the price has broken out of its trend.

absolutely, i’m the same except i first bought (a small amount) at £3.60 or so. i sat for years with, sometimes, a paper loss of over 100k. buying shares in this stock was my secret hobby, i told no one for years other than you lot!!

i eventually told my financial advisor, he s******ed, i then sold some pension fund money and bought a bunch of rkh, he frowned. i’m the only client his company has who has money in an aim stock and, from where i bought in it is up 400%.

he’s bought in himself around the 30p mark…!

Crofty,

Highly agree, my thought is that momentum and financial prudence are separating and given numbers flying around this could get well out of hand around FID.

Thanks to the folks who replied to my query on what flow would equate to success, I’ve not been following the Shenandoah story that closely.

Hopefully a slightly lower than hoped for flow that can be addressed isn’t followed by panic selling again.