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Divi, there’s something about your English that doesn’t seem completely authentic.

Do you come to this BB just to make trouble?

Of course Divi.

That’s exactly how I would expect a petulant child to reply.

Divi, please try not to be childish.

The relevance to RKH is:

Cast your mind back to the end of last year, when JPM had published their report about the PoO falling to $30 by 2028, and Brent crude below $70.

Despite these, RKH achieved FID, sanction and financial close before Christmas, without any apparent problems.

Trump’s war has materially changed things in RKH’s favour, which isn’t reflected in the current sp.

I would suggest that plans for the development of the FI oil and gas region will have been accelerated by the changes, which we are likely to hear about quite soon.

However, if Trump can reach a practical ‘understanding’ with Xi Jinping, that would be very helpful.

“why wouldn’t Middle Eastern suppliers just get market share back by offering cheaper oil and gas?”

One reason could be that it will take a while for all the oil/gas infrastructure damage inflicted by Iran, to be put right.

As I mentioned in my earlier post, the oil producing Arab states don’t want any more of that, if Trump were to resume his threat to bomb Iran back to the Stone Age.

The Chinese won’t want that either.

While the list of those accompanying Trump, on his visit to Beijing, looks impressive, it also looks like Trump displaying what he has to offer in the hope of getting Chinese cooperation against Iran.. He doesn’t want to go there and give away any of the ‘family silver’ (or in this case gold), to have the Chinese take whatever’s on offer and then improve it (which they are increasingly capable of doing).

With all the resources available to Trump, I find it difficult to believe that very thorough analysis wasn’t applied to what might result from attacking Iran.

We all saw Trump’s determination to get (rather than earn) that Nobel Peace Prize, so it seems very likely that destabilising the Islamic Republic administration was an important objective , in the hope or expectation that the Iranian population would rise up yet again, only this time successfully to take control. That has so far failed, with the incumbent government retaining control surprisingly strongly.

The switch of some oil and gas consumers to US supplies is a welcome bonus for Trump’s MAGA vision, but I don’t believe that was the main objective of his chaotic military operation.

I reckon Netanyahu played a key role in persuading Trump what could be achieved by launching an attack on Iran, and for Israel, neutralising Hamas, Hezbollah and the Houthis, making the region less unpredictable.

In my opinion, it hasn’t gone as anticipated, and destabilising the Iranian administration simply hasn’t been achieved, which must be a considerable concern for the neighbouring Arab states. They have experienced more disruption and damage than was anticipated, and may explain why Trump hasn’t resumed smashing up Iran, to make them comply.

While there are some arguable economic benefits for the US, the current situation is an unfinished mess, with no simple quick solution.

I’d like to know Divi’s explanation.

Divi, anything to say?

Divi, could you please explain the relevance of morris dancing to this discussion?

Divi says: ‘ Everyone is saying the above apart from Rkh’s holders’

Oh yeah? Which ‘everyone’?

I’m inclined to agree Mirasol.

Very likely end up holding shares in the predator, rather than a straight cash offer.

Prof Jiang Xueqin crams an awful lot of stuff into his mesmerising presentation, some of which has validity.

He also performs a corresponding amount of sleight of mouth, without giving you time to consider, or the opportunity to challenge or question.

By all means listen to this, but be careful not to be mesmerised into believing and accepting it all as intellectually sound.

Interesting that all concerned are keeping as low a profile as they can about their FI activities.

It can’t be long before there will have to be more publicity.

Regarding the FPSO refit, is that still scheduled for Dubai, with the Strait of Hormuz still closed for the foreseeable future?

Unfortunately, Santos, very often when those ‘fine people’ discover what a snake pit the world of politics really is, too many pack it in and do something else that they can live with.

What a load of old borrox.

darirentaylor panicking tomorrow’s sp down to 10p. Bring it on darien, I’ll be at the front of the queue filling every receptacle I can find.

And then all that borrox about reviewing imperial possessions. Argentina is a remnant of Spanish colonialism, with the indigenous people disenfranchised.

This is a non story and not even entertaining.

Ask Netanyahu and GT what they think about this.

LTT, there were some very real issues, especially Argentina, with opening up the FI as a new oil/gas region and some very genuine ‘experts’ wrote SL off as a stranded asset.

With SL widely considered as the ‘Golden Key’ for unlocking the FI as a new oil/gas region, only a few of us really believed it would ever come to any.

Whatever some say about Sam Moody, he kept plodding on, even when he was starting to have doubts.

We owe Sam a great deal for continuing to follow his dream and get us to where we are now.

As for the lunatic Trump, he appears to be rearranging World energy in our favour.

At last the virtues of FI oil and gas are becoming apparent, with the Navitas approach making it feasible.

LTT, Navitas have made very confident and consistent statements about SL first oil. They know what it will take to keep to their schedule (and they are not known for making announcements they can’t achieve).

I would suggest that they will have known for some time what resources and any other partner(s) they might need to achieve this.

Any partner will have been ‘on the hook’ for a considerable time, so due diligence, etc., will have been on-going for an equally long time and certainly not left until the last minute.

The real teaser is who will it be, or even, who will they be?

Thanks ZYX098.

Haven’t a clue what you’re saying (without a bit of AI assistance), but it’s reassuring to know there are some here who understand what’s going on !!

Keep up the good work and thanks.

Absolutely Mirasol.

At times it feels more like participating in a dodgy casino, than a serious investing environment, where good research and good discussion can deliver positive rewards.

But with the potential involved, I’ve always said we can expect scammers to join us.

‘Zero chance of Mad Ed doing that’

I’m not quite so sure anymore.

Because this is developing into an economic crisis, the Government could stipulate certain emergency conditions, and the extra revenue would be very welcome/useful.

Miliband is a nut case, but there are some who are almost ‘normal’.

Let’s see.

About time Miliband started opening the North Sea taps.