Member Info for OscarIndiaLima

The FID need not have any share price impact on this AIM share in the current O&G E&P beaten down environment. If this share were listed in the USA, it would have attracted new money. Sam does not do PR as it is not his forte.

Wait for first oil

Patience

Helps tighter pricing for their upcoming bond offering rated ilA-

Patience

LaticsRule, I may want to request Sam to retire early, take care of himself, to live long.

Patience

The daily traded value here is less than a paltry £50k. Such sell orders of value above £100k have come and gone a few times in the past two years. These jumbo £100k orders do nothing to the share price. New institutional buyers are not there yet. Existing retail PI buyers have lost their spare cash in the capital raise. New PI buyers do not chase E&P yet.

Do the BED to ISA trade in April.

Wait for first oil.

Patience

"never recommend a stock to someone else, especially not a friend"

There must be many early Rockhopper shareholders who have lost friends. The personal cost of involvement with this share is very high. Life goals that depended on Rockhopper are in cold storage.

Sam has carried the can.

Patience

Thenorseman: Agreed Sam is poor at promoting NFB. He lost our IPO investors as his JV with Premier was a blunder. However, he executed the capital raise with AEDOS and perhaps with other investors that already know Navitas. He has had the confidence of our voting AGM shareholders throughout his tenure. PR is not his skill set. NFB needs PR. How would you solve for that?

Patience

Ref your comment "Sam must carry the can". He always does. He always has. He comes up for election every year. He has done well for Rockhopper this year.

Rockhopper is less about this CEO or Board. More about the geology at NFB.

Patience

No E&P share price reflects energy fundamentals. Expect a +25% Rockhopper share price return on thin volumes in 2024. Wait until first oil for true share price. Look at NVPT up nearly 3x on Shenandoah.

Patience

Between 25p to 75p all stock

Jon Wood turns 63 this year. Ian 57. Sam 54. All the three are at retirement. Many retail PI shareholders are aged 50+ if not more. Navitas is at a 52 week high upon Shenandoah. Another 10% from here and NVPT will be 3x of its March 2023 share price. I hunch investors who knew Navitas have bought Rockhopper in the placing. These people control the vote, easily 95%+ Navitas will build a lot goodwill with FIG with the FID this year first oil by 2026. HMG doesn't care about Sea Lion. The 35% that we have is too precious. A friendly takeover from Navitas for cash or stock is possible before first oil or before phase 2.

Patience

No M&A required for now.

BOR soon to be moribund with that new CEO.

The main thing is to keep the main thing the main thing. Sea Lion.

Patience.

Thenorseman: Sam executed the capital raise. He has de-risked Ombrina Mare. We have 35% ahead of FID. Sam deserves a pat on the back sir.

Yes, the JV with Premier was a blunder. So what if Rockhopper has no credibility left with new institutional buyers? Our oldest significant shareholder owns 8%.

We are still the best share for exposure to Sea Lion. New Israeli money that knows Navitas will want to buy Rockhopper.

Many other E&P are moribund if not dead.

We have survived.

Keep posting about the FPSO & subsea options. They are informative for all.

Patience.

Pre2rcd : New money buys AI chip or Search Engine companies. New money does not buy Oil or Energy. New money does not buy RKH. This share price requires a new institution to buy a 3% block at a higher price. RKH has no credibility with the institutions yet. That JV done with Premier was a grave mistake.

Mispriced at 11p when the FID is guided for 2024.

Wait for first oil.

Patience.

There is no information yet on the size of the upcoming bond issue. Depending on pricing, I will expect it to be NIS 500 million +

( Compare - the NVPT.C bond at NIS 330 million had helped to finance Shenandoah )

Mispriced at 11p given the news flow

Patience.

Https://maya.tase.co.il/en/issuance?view=upcoming

An upcoming bond issue has been published by TASE

NAVITAS PETROLEUM, LIMITED PARTNERSHIP

Possibly this is for Sea Lion

Patience.

The EIS approval is up next. Although it may not change the share price or daily volumes. We live in a blind world that is dangerously concentrated in a tech bubble.

The Energy Sector is mispriced.

Patience

Https://www.westwoodenergy.com/news/westwood-insight/westwood-insight-harsh-environment-semisub-market-sells-out-dayrates-approach-500k

Navitas will need a harsh-environment semi-submersible drilling rig for the development wells. Does anyone have an informed view on availability?

Patience.

Straw Poll

At what price will you sell your RKH shares?

"Navitas doing all the work for him project wise so at least he could spend some time pitching it to possible investors?"

1) A new investor will want 3% and nobody offers 20 million Rockhopper shares.

2) Rockhopper may not (yet) be eligible. Reasons - Market cap, Available free float, pre FID etc

3) Investors will not pick up the phone to Sam because Sam has no credibility left after his failed JV with Premier.

4) Sam agreed 35% (in tough times). Sam has de-risked Rockhopper. His life's work is now done.

Yes, Navitas is doing all the work. Gideon will deliver first oil in 2026.

Mispriced.

Patience.

"Sea Lion roars: Falkland Islands’ first project picks up speed" of 30 Jan 2024 is prominent at the Navitas Investor Relations page.

Patience