Member Info for OscarIndiaLima

You are oil barons now. Your time in prison is done. Find your beach.

Borrow against shares. Don't sell.

Patience

£2 million + cash has lifted offers in a hurry. Use it or lose it ?

Patience

NORTH FALKLAND EXPLORATION COMPANY LIMITED

You will want to back Dave, Graham and Norman

I concede Dec 2024

Good luck 25p +

Patience

I will vote AGAINST takeout at any price

Patience

You want all this confetti to remain in the air. When the dust settles, the FID date is still vague. OM result could help keep 15p stable.

Patience

Some Israelis can add Sea Lion risk via Rockhopper if they think Navitas is rich.

Patience

The shares that RAB dumped are gone.

Pop.

Don't sell yet :)

Patience

Unlike Blitz chess, oil investments must be "hands off". Why sell ever?

Patience

Only a friendly all-stock takeout can execute.

Drink more shandy.

De-risked at €4 million total cost. Sam blinked. A lot of money paid. FID is so far away.

Patience

Drink more shandy and retry?

Patience

The engineering is easier than the financing.

Patience

The mid 2025 guidance is made with much lower credibility. Wolf.

Patience

AA2020 : The hurdle rate is better with a bigger ticket size. More investors' doors to knock. Have to show the full size upfront to the financier.

Patience

They have no finance at this ticket size. They will look for new finance with a bigger ticket size. Lots of time. Dec 2026

Patience

Check back Sept 2025 for the FID, but they have until Dec 2026

Patience

LTT : Readiness is lagging. FIG, Financing, Partner, Long lead items, OM result, International bond market conditions.

11p Dec 2024

Check for FID again in Sept 2025

Patience

25 Nov : I expect Navitas to delay FID or else say nothing new.

Come back to check for FID next September.

Patience

How many months will you have to spend the realized profits from Rockhopper? Bequeath this line item to your grandchildren. You are too old to hold.

Patience