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I'm sure the scammers will try and convince people that's what is going on.

Do not be influenced by anyone you don't know/trust

This is too important and there's

Jace says: 'I've been here longer than you Ovets'

I very much doubt it Jace

Just like the scammers who talk people out of their savings, there are going to be plenty of undesirables lurking around here and anywhere else they can think of, to spook genuine investors to take fright and make the wrong decisions.

Stay calm and ignore them

We're going to have to disagree about this.

There are numerous points when another partner might join the project and before FID might have been opportune for anyone prepared to take additional risk.

At, or just after FID would suite anyone preferring a considerably de-risked opportunity.

No one is suggesting handing over the role of operator to any new partner, although that is an option, but unlikely in my opinion.

There's also an obsession about dilution with some. Highly undesirable if it's just to stop the company from going bust, but a totally different matter if it's to launch a project as big as this, especially with much more to follow as the region is developed.

In which case, all the more reason to get on with it and make even more profit sooner.

Good analysis LTT.

Looking at Navitas MO to date, they have always had full-on experienced oil-production partners, and RKH hardly fulfils that description with their 9 staff based in Salisbury.

This is much bigger than anything they've done previously.

Those who say FID is fully priced into the current sp must be completely mad, or deliberately misleading.

We don't know what exactly any SL FID announcement will include, but it could well include sanction, as Navitas appear to regard FID and sanction as virtually the same thing.

Add to that an announcement about one, or even two new partners, with the experience to get this very complex project done in oil-virgin territory and then perhaps beyond, to open-up the new FI oil/gas region before it's too late.

And the likes of Happy posts here that all of that is already fully priced into the current sp?

FFS

Whatever anyone posts on here, those who say that FID is already priced into the RKH sp is either a manipulative liar, or is publicly showing just how little experience they have and that they haven't a clue.

Whatever else, don't follow their posts for guidance about what you should do.

No Buzz, they're just shareholders with an opinion.

No need for rampers, as RKH speaks for itself.

Jace, if you're so exercised by the sloth of all this, please make sure you're not one of the shareholders who didn't bother to vote FOR ALL the Open Offer resolutions before 16/9/25.

If you have already, well done, otherwise instead of posting drivel, 'Just get on with it!!'.

Agreed Mirasol.

The point I'm making is that my understanding of any tenuous involvement by HMG is for them to gain by it, rather than throwing a spanner in the works.

I think it’s worth mentioning that HMG has retained some minimal potential involvement with FIG oil and gas matters, which some are using to spook shareholders, such as to imply that somehow they’ll manage to put a spanner in the works.

Far more likely in my opinion, is that HMG might have some potential to get involved, so as to be able to grab some of the production potential and/or some of the revenue generated.

Not quite sure how it would work, but having spent a very large fortune on getting the FI back in 1982, and then defending the FI since then, there must be quite a few who would like a share of any bonanza.

Maybe it also is because today is T+2 settlement day from the frenzy of last Thursday.

Maybe some were waiting to see what would happen today, following the Navitas vote in Tel Aviv yesterday (99.87% FOR) and what effect that might have had on the RKH sp. Looks as though there was one dissenter - what was he/she thinking?

Once Thursday's gamblers could see it wasn't going to burst through the 90p barrier today, they've decided to take their winnings and wait for the next BIG THING ?

Only a nut case wouldn't buy at 53p, but you don't have to vote to participate.

BUT, to be able to participate, enough of us must have voted FOR all the resolutions, otherwise NONE of us will be able to participate.

Thanks GD and thanks for posting - good work !

For any shareholder who hasn't yet voted FOR ALL the Open Offer resolutions, please don't leave it to somebody else to do, as two of the resolutions require a 75% vote.

As we wait for RKH, Navitas and FIG to complete their preparations for FID, don't let us, the shareholders, be the ones to fall short.

Despite what others have said, this funding is VERY important and Sam and the Board have given us a great opportunity to participate at 53p/share.

If you're not sure what to do, please contact your broker (e.g. Hargeaves Lansdown, etc.) and ask them to help, which they will.

Whatever you do, DON'T leave it to someone else to do, as they may be thinking the same.

By all means, old chap. I've got a box of dates, which are allegedly very good for constipation, so help yourself before getting back to managing the HS2 project, which I hear is going just swimmingly.

Jaceorg, I think you'll find that's exactly what FID is.

Until then, everyone involved has to ensure their specific responsibilities are satisfactorily sorted and that all those responsibilities for all participants align as required, before FID is announced.

It might seem a bit of an unnecessary load of old nonsense, but someone just standing up and saying: 'OK chaps, lets go' is hardly a sign of good management. That's the sort of thing we used to get from PMO and Tony Durrant and then nothing happened.

I think you need to brush-up on your understanding of how this should be done.

I think the market would be horrified if things were done the way you are suggesting.

Thanks Samula.

That's 13:00hrs UK time.

Regarding HMG sign-off, I thought we all knew this years ago

Regarding ChatGPT, we can all do that for ourselves. What I seek here is independent knowledge and thought, even if some of it is pretty awful

FIG cannot afford to let this slip through their fingers.

If SL doesn't happen this time, it is possible/likely that it might not happen at all. Then FIG would be rather embarrassed about how to repay that £150M loan taken earlier this year and the already dilapidated (or non-existent) FI infrastructure would simply fall apart.