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I think the comparison with the Canadian railway isn't a bad one, where both the Canadian administration and the British Government had a very real political interest in ensuring the completion the railway to try to ensure British Columbia didn't join the USA and they succeeded, but at enormous cost.
That was done in a remote area with no supporting infrastructure and raising the funds and completing the project took years longer than anticipated.

In our case, there's a very strong political interest on the part of the FIG to get some REAL financial stability to survive in an increasingly precarious World and HMG has strong interests to recoup it substantial costs defending the FI.
Not so sure about the future strategic interests of the FI to the UK, after the oil and gas has been exploited, but in that precarious World we are now living in, having a reasonably dependable source of energy would seem like quite a good idea.
Who would want to be dependent on dodgy states for your energy, if you've got your own?
One reason why Europe has been somewhat muted post MH17 , Crimea, Ukraine, etc., is because Russia supplies much of Europe's gas and quite a bit of oil too.
Then there's Saudi Arabia, Qatar, Libya, etc., etc. - would you really want to rely on them if you had a better alternative?
Then there's nuclear - the saviour of humanity. Fusion still doesn't work commercially and the latest fission projects are being cancelled because they cost too much, take too long and the technology can't be made to work, so that even the Hinkley Point project may be axed, leaving a serious gap in energy needs for the UK.

So to compare the possible EC funding of this with a Ugandan airport is probably wrong and misleading and in any case, I thought that was the largest loan to an African government, which is really not comparing like with like.

You only have to look at other VERY big projects, from funding the Canadian railways and more recently, the whole North Sea oil/gas thing, etc., etc., to begin to understand the magnitude of this one, where they're trying to implement a major project in a new and pristine region with no infrastructure and, this time, a very long way from home with not entirely friendly neighbours, to understand just what has to be done and why it takes time.
Also add to this that PMO is seriously in debt (so has to be careful) and the uncertainty about the PoO, so this isn't the "walk in the park" that it might have seemed back in 2010, when SL was discovered.

Those who impatiently carp at Sam merely demonstrate their ignorance and cannot have managed a project in their lives.

However, that there's a PMO team currently working to implement this in the FI demonstrates the magnitude of the anticipated rewards.

So the moaners moan, because they haven't a clue what they're moaning about and the disrupters try to disrupt in order to make a few extra quid at the expense of the timid/uncertain.

My advice: HOLD if you've already placed your bets, STRONGLY BUY more if you can afford it, but whatever you do, DON'T SELL.

Well said Giblets, but when anyone posts drivel like that, they're merely broadcasting their ignorance, or they have another agenda (e.g. to disrupt the BB and mislead those who aren't so sure).

tsevni, was that an attempt to elevate the standard of discussion?

Eff Off Snorer, if you've nothing worthwhile to contribute.
Presumably you've bored the Mrs to death, so all you've got left is this BB?

At last Snorer, you've got the message, as one who contributes nothing worthwhile except for "zzzzzszzzzzszzzz zzzzzszzzzzszzzz zzzzzszzzzzszzzz" and insults, which I'm sure we all agree ISN'T "reasonable debate".
Then you have the bloody nerve to demand others on this BB to provide you with an answer to your question.

I suggest you stop snoring, get off your fat arse, do some research, find the answer for yourself and give us all your first useful contribution.
Otherwise, Bugger Off!

Yeah Snorer, I've got a sensible answer to your question about the 2016 RNS:
Bugger Off!

Hi Nigoil, are the idiots still going on about all the money they've lost on this "dog" of a share?
What clowns, fancy managing to LOSE money and then publicising it!

Got to get back to counting my winnings!

STRONG BUY!

Look Wancos & the snoring idiot, we've tried to explain the facts and all you do is repeat your rubbish, we don't need to hear it again.

If you really think this share is a disaster it's because you're idiots who don't know what you're doing and every post you make merely publicises what idiots you are.

The rest of us have made good money with RKH and expect/plan to make much more, so bugger off while we count our profits.

STRONG BUY

Yes, we have heard most (but not all) of it before, but you know as well as the rest of us what's gone on in the energy sector, resulting in so many other minnows going to the wall, but RKH not only surviving, but picking up some tit bits along the way, remaining solvent.

So your scepticism is understandable, but not entirely accurate and referring to "prevarication" (which is telling sneaky lies) is not supported by fact.
If you really believe there has been "prevarication" (rather than delays and unforeseen issues), then please give us the details.

what I've heard is that Export Credit funding is more-or-less done, but Brexit is consuming too much government/civil service time, so things like that are being delayed.
However, the final SL funding package is unlikely to be unveiled until the Zama-1 valuation is formally announced, as that would not only provide credible collatoral for PMO, but also the real prospect of PMO getting some much needed cash when Zama-1 is sold, which I'm told is a cert.
Zama-2 announcement hardly made a ripple, but as some here said, it adds considerable weight to PMO's position, to be able to announce SL FID, even if Zama-2 doesn't contribute directly to the SL funding package.
Anyone dithering about whether or not to participate in the SL funding would feel considerably more confident after the Zama-2 announcement.

Mate, you're too thick to see that that's the last thing you're achieving.
All you're doing is broadcasting what an idiot you are and have been.
I bought my first RKH shares in 2006, then there was the SL discovery in 2010 and if someone had told me then that in 2019 the sp would be lower than it was in 2006, I wouldn't have believed it, I didn't just sit on my hands, watching the sp fall, I got out at well over £3, very happy with my "12-bagger".
Then the World changed and again, but in early 2014, who would have guessed that, a year later, the PoO would have fallen to below $30?

Anyway, it seems as though you, Ralphybabes and the others bought high and then just sat and watched the sp fall and now you blame Sam, the RKH BoD and everyone else for your own mistakes. Wouldn't mummy tell you to be a big boy and face-up to your errors, rather than blame everyone else?

So instead of "exposing these investments for what they ly really are", all you're doing is broadcasting what an idiot you've been, still are and that you can't acknowledge it.

I'd say: Bugger off and grow up.

Thought you were told to Eff Off, idiot

Eff Off Wancos with the rest of the idiots,

Still tell them to Eff Off!

Did anyone notice an unpleasant smell around here?

The smell of a lying FAKE?

Nigoil, Ollie's an Effin' FAKE and yes, there really is an "F" in FAKE!

He even lies about what you have posted today and is simple enough to think (sorry, Ollie can't think) that no one would check-up.

Ollie's a FAKE

Ollie, I've just checked and Nigoil didn't post that on the PMO BB today.

You made it up, served it as fact - FAKE FAKE Ollie

Oh dear Olliebabes - getting a bit prickly are we, but still unable to find the right words?

So what's your "investing" advice to readers here then, now that all your chums are either getting their membership cancelled, or their silly postings removed?

BTW, still looking out for the horse's head, or bowl of macaronis!