Member Info for NigelHaemoglobin

redon your deduction has a (major) flaw and relies upon an assumption. Take a theoretical business model where all litigant's cases are

I don't mind 'wading' through a few of those shares, patiently buying on the dips.

Accepted my child, absolved with seventeen Hail Marys and a Hows your Father

Afternoon, I'm a bit flaky re exchanges. Quick Q, sold a tranche of shares in a company this a.m to buy more BLOE at 10.2 (rude not to). 8 seconds after my ordinary trade and auto-trade executed selling exactly the same quantity at the same price.

Any ideas? Displayed as two sells anyway.

Totally agree, a waste of time now. Having posted my take on the nuanced AGM presentation my impression was that the window lickers wanted to bury it under a list of daft tit for tat posts.

Well, leaving fluid dynamics aside do you remember from school how to calculate the area of a circle?

What is worth mentioning, to anyone not familiar with left wing extremism, is that in private, crypto Marxists of the bearded lunatic’s kidney refer to the FI as Las Malvinas.

With the traditional right in the UK now split between Conservative, Brexit Party and even LibDem a crypto Marxist government is now feasible. Somewhat unforeseen consequence of the 2016 ref!

Evening,

I missed the point of export finance, believing erroneously that it was required to assist in FID due to PMO’s debt issues. Facilitating the launch of the project.

That the banking consortium would not invest in SL without full cross department HM govt support as inspected by UKEF was , for me, but evidently not for Ovets et al, a key point which I had missed. Not covered at all in TD’s Malcy clip either.

The discovery of that priority risk was well worth the day trip, can’t see it in the AGM presentation but not the most patient reader.

Is that a question? Rees Mogg etc have admitted that Brexit is a twenty year project. Until then the NHS can have more money at the expense of law and order, defence etc etc.

Open about the possibility of not being able to knit the threads of the plot together, clear as well that the plan pivots on our wondrous, stable and dependable civil service, government and by default, parliament.

Very happy that Chairman Dave has shuffled off, he lost control of last years meeting by not calling a five minute halt in order for an aggressive, possibly drunk and definitely deluded berk from being removed from the AGM. The words F******g C**t were used against a board member. This year it was a defensive posture, culminating in limited opportunity to ask questions. Not market sensitive really, just clarifications.

I wish I had never heard of bloody Rockhopper to be honest.

highlander, the public school boys who were in control of the EU ref have no feelings whatsoever for the British people. We are just either cannon fodder, bodies to man a production line or useful idiots prepared to vote for regional instability: the loss of Scotland, her great innovation and engineering culture, the loss of a nuclear deterrent (there IS no practical possibility of relocation).

Just because the elderly dislike Europeans and the hard of thinking were duped by the NHS £350 mil/week fat lie.

Carrot/Marunam

Carrot thanks, my approach is to have a decision making moment when new info arises. We all of course knew that the Chair was retiring but the revelation (to me) that private banking finance was totally dependent on HM govt support placed me into evaluating what to do: buy, sell, hold. The timeline is uncertain, we all know how chaotic our politics are at the moment.

Certainly news to me, if not to sharper PI's. The lack of time given to shareholders for questions was very disappointing, given what a make or break year it is for the company. Mind you the lengthy and slightly grandstanding question took up about five times of a standard Q. Never mind, still in but more sceptical than before.

Carrot

Cast your mind back to the AGM, CEO Sam clearly stated that the government agency prefer to work quietely in the background. I think lobbying is counter productive personally.

Although the risk/complexity metric is written into the price I'm afraid that the tone of pessimism in the CEO and resignation of the chairman just a few months before finance completion was sufficient. Nearly halved my holding.

As LTH posted, this is almost like an exploration well again.

AJW yes I agree with that, private investors though mainly in this sector tend to latch on to volumes, flowrates etc. Even a brief squint at some of the models published in the admission doc should help to give them balance.

atb.

Morning

Well, that was not the best result but not bad at all, AJW its great to see you flagging up risks as well. Newbys ought to be given the many negatives in an O and G play.

Added some just now, keeping some powder in the keg for more.

Agree with you Maestro, however there is a smidgen of a chance that the placing will launch at a premium (HUR scenario) or the opposite.

Many will sell, that is understandable. It's potentially a very large dilution.

sorry, 1:25 for SL FID. Pure estimate.

Only partially wise carrot. Reabold was a poor analogy, Serica yes but it's easy to pick a winner after they have already won. Rkh always needed to keep something back for SL.
Egypt (Beach Energy) bought out at $12 mil.
MOG taken in cash/share mix £33 mil for >30 mmboe 2P

Quite good deals actually, nicely timed. Fwiw the SP applying (my guess) only 1 in 25 c.o.s.

Therefore the best thing to do is all pipe down and let events play out.

TGF, yes the pessimism is written into the share price so in that sense if an investor is at a <25 average say it's a safe-ish position. The situation remains very complex.

For any hard brexit types who also hold RKH I ask you to give some thought to this, the UK will have to create trading treaties with many nations, several of which will apply tariffs unless the SL project is kiboshed!

At the very least support in whatever way you can, the EU exit deal negotiated by our government.

über makes me chuckle, all that guff about driverless cars when they have 10 million of them on the roads already! Taxi hailing apps are a paradox, the drivers want a decent feed of work, the passengers want immediate service hence empty taxis floating about.

A classic short if ever there was one!