Member Info for Ovets

Yes LTT, this is considerably more important to SL than many might think.

Navitas demonstrating it can manage a project like this and deliver is fundamental to ensuring SL FID.

Some may have viewed this merely from the POV that once Shenandoah is in production, then the money starts rolling in, which is true.

But equally important is demonstrating to funders, especially those who haven't contributed to Shenandoah, that this is a particularly well-managed, reliable outfit (unlike PMO et al.).

In case that's not enough, it's also pretty reassuring for RKH shareholders, who depend 100% on Navitas delivering Shenandoah as promised.

Like you, I have some scepticism about AI generated stuff.

My approach is:

1. I only take note of material from 'trusted' sources/providers and even then, am still sceptical;

2. How much of the AI-generated material be verified elsewhere?

3. Do those supposedly 'trusted' sources consistently produce verifiable material?

Eventually a trend emerges, which hopefully you can rely on (or not). In many matters, erroneous sources are bad news, but for investing, potentially catastrophic.

Yes, just adding my thanks to AlmaC and ZYX098 for your excellent and informative posts as well as for putting the skids under condescending C_Svvanker. I certainly never considered either of you as being 'the big I am when you do not know the full story'.

Keep up the good work, as we need your posts along with LTT, SpaceHoppa and a few other dependables.

OK AlmaC, but he’s still a bit of an expert, isn’t he?

And the Navitas sp has risen by over 5% today, part of which must be attributed to SL in particular as well as future FI reserves.

Without the FI, there is nothing beyond Shenandoah for Navitas at the moment, so carry on speculating about the future for RKH, but today’s figures indicate not to pay too much attention to the doom mongers.

Anyone who is astute enough to afford to retire at 45 isn’t going to waste their time posting borrox on a BB like this.

I beg to differ.

Retaliation doesn’t have to be conventional attacks.

Mossad has a formidable reputation and remember how Hezbollah and those exploding pagers?

If I were Argentinian, I’d try to keep on the right side of Navitas

After today’s raids on Iran, I really don’t see Argentina even contemplating messing with FI oil fields with Navitas as operator.

Predictive text can create some weird and interesting messages.

I recently had a text message conversation with someone, where we had both agreed to let the predictive text take us where it decided and some of what resulted was pretty weird. Not sure if AI is being applied yet, but we certainly had a larf!

Sorry, not Nebulous - Neilius !!

Nebulous, it’s because they don’t understand what’s going on, not paying attention, or just making idiotic posts to be interesting.

All the evidence is there that funding isn’t an issue and this is going to fly.

Having an Israeli operator is about as good as it gets.

Oh yeah, I too 'spoke to someone many months back who had great reservation the Sealion project would get finance', particularly when PMO were leading the project and how right those someones were and just look at PMO now, in some graveyard somewhere.

The difference between then and now is the calibre of management. Traditional British management, hit by a problem it didn't see coming, doesn't know what to do except throw even more expensive resources at it, takes fright and runs for the exit before falling into a gigantic hole - RIP.

Navitas, whose managers know what they are doing, including knowing there are going to be problems (which is what they are there to manage). When problems arise, as they surely will, they get on and manage them.

Stop all this nonsense and drivel. Navitas are demonstrating their capabilities. Trouble is, too many posters here have never experienced really competent management, so can't recognise it when it stares them in the face.

Instead, we should be celebrating that we have an operator that really does know what it's doing, including having exceptional ability to raise funding.

If you are going to make such statements, you have to be able to support them, which you refuse to do.

Your only answer is to tell us to research for ourselves, which I have done and in every case, they say you are posting unsubstantiated rubbish.

No explanation = admission your statements are false.

As for Alison Baker selling a few of her shares, we have no idea about the circumstances. Making up some sinister story as you have done, is mischief making. How about you find out why she sold them and what she's doing with the money and come back and tell us. Your friends 'who work at institutions' may have the answer.

So, now I have followed your instructions:

- ‘The Equity raise will be sooner and higher than your estimates’ Why?

- ‘He may need to sue the Insurers’ Why?

O I L says: ‘He may need to sue the Insurers’

Why?

O I L, you still haven’t explained why ‘The Equity raise will be sooner and higher than your estimates’

Before you make up any more rubbish, answer please

Answer please O I L

If that's addressed at me, O I L, why don't you contact Sam to verify your statement, after all you made it up, so why should I run after you clearing up your s h 1 t?

O I L - proof of your statement please.

You can't just make statements like this without showing some evidence.

or have you just made it up to be interesting?

Fecm, I'd never previously thought of analysing the difference between anticipate and expect.

A thought occurred to me about the OM annulment. It looks as though Sam correctly 'anticipated' it as an option to take seriously (hence the insurance), but I don't think he, K&S, or the insurers 'expected' it, otherwise he wouldn't have got €31M cover for €4M premium.

So 'expect' would seem to be stronger than 'anticipate'.

As you put it: 'phew!!'.

We couldn’t afford, or even attempt another venture like 1982, BUT and it’s a very big BUT, now we have a garrison already on the FI, plus aircraft carriers designed for this sort of operation, so Argentina probably wouldn’t bother trying despite any rhetoric.

That’s why we need to increase our presence there while we’re only considering Argentina