Member Info for Neilius

A close of over 17p indeed and over 5m volume…trying not to get my hopes up that this has the heft and momentum we’ve been looking for since…well forever really..,

We’ve been bouncing off the 15p level for two years and it seems we are getting the volume of trades in now to push through that.

Gravity may kick in but from what I see the next significant area is around the 20p mark. As someone who has an 18.5p break even this is all rather interesting to watch.

A bit of media attention and a good story to tell goes a long way.

Thanks for posting,

Zeus target price 48p…

I note someone mentioning Trump and oil prices but I think the biggest impact on oil price might be the Venezuelan election. If Maduro loses (he will) and if he stands down (anyone’s guess) then sanctions on Venezuela will stop, investment into production rise. Remember, they have more oil than Saudi…

Noted that our project had low prices factored in and the above may take some time to have an effect but it’s possible that any new government won’t work with OPEC either…

Hi @Montychegwin

I’m far from the only one underwater here and you either sell up, ignore it, or go off the deep-end and end up ranting on random forums to strangers.

If the price rises then I may finally end up having the conversation with the Wife that will start with something like “do you remember that 300 shares I bought in a Falklands oil company twelve years ago? Well, I bought a few more and…”

I thought it worth noting, and I think I’m right in saying this, that yesterday was the highest closing price in four years…

My losses have reduced to being only “utterly insane” as opposed to “I’m not even going to look”…

Are we through..? 🤔

Banned by who? FIG? Em no…

So if all oil drilling is banned then surely the price of oil goes up?

Historically the price of this share tanks on anything that could normally be attributed as good news but I think this news might just break that..!

The appraisal of Isobel and possibly other reservoirs would surely be part of the drilling schedule once a rig is mobbed to the Falklands, in terms of schedule that could all be happening next year? You’d think so if they want to be producing by 2026.

Are some folks unwinding a position at this level then..?

I’ll take steady any day but we all knew that getting through the 15p would take a lot so this good news may be doing more than we can see so far. A million volume already today.

A green finish I’ll take a as a win, a finish over 15p I’ll be delighted…

We have pushed through 14p (just dropping back a bit as I write this), and it seems like a reasonable amount of volume today but then it is going to take a fair bit to get us through the 15p level…watching with a lot of interest to see how this plays out. Someone, or maybe there are several, building holdings. If we get through 15p and beyond then we are in an area we haven’t been since 2020…

I can’t believe how long I’ve been owning and following this share, it’s ridiculous.

My thought is that the Argentinians and islanders would see that as a softening of the islanders position on the independence of Falklands.

Finance will come, with Shenandoah scheduled to start pumping 100k barrels a day in Dec 2024 and Sealion FID in 2024…I’d not be surprised if these dates being around the same time are not a coincidence…

Oh, sensible as far as the Falklands stuff, the rest is either sensible or crazy depending on your point of view, to be clear I’m not trying to sell the guy for his wider agenda.

Just watched the BBC interview with Milei and the interviewer pushed him on the Falklands quite a bit. He’s not interested in any fight over the islands. This is the first interview I’ve watched with him and he gave a sensible and mature set of answers, he said Argentina would like to recover the islands but by negotiation, it might take decades, analogous with China and Hong Kong. Stated that Argentina would not consider any military action (not that anyone was saying they should).

Rockhopper positive I’d say.

https://youtu.be/VHbCR3WLKWc?si=VW0wQ8FsU6X3bVLF

Navitas up 19% so far today 👀

Navitas currently up 13% today…?

@BlooBird,

I'll take wins wherever we find them...!

The price is slowly nudging up, higher highs and higher lows...folks or funds (?) are buying in and the volatility has gone meantime...intrigued to see where we are in a month or so.

I agree with @Ralph2010, and I don’t think it is that controversial to say so, post OM and FID the price should shift, add in a bit of media interest, possibly by a lot.

But…all of this is driven by the underlying oil price of 80 USD or so and that is monopoly driven. If the monopoly fails and price drops significantly then we are back to square one, but waiting for some sort of peak oil scenario is something on entirely different time scale and I’d be buying Exxon for that, not little ole RKH…