Member Info for Ovets

TCM says "consider this subject now closed"

TCM, who do you think you are to dictate what is discussed here?

I know you are pompous and arrogant, but would you mind not telling us what we can do too.

TCM, on Monday I popped out to the shops, where I read this newspaper headline "Britain's defence forces not ready for 'conflict of any scale' ".

That's in addition to our aircraft carriers breaking down.

Now what have you got to say about that?

Thanks TCM.

I thought that would elicit a comprehensive lecture on the subject.

I would forget about the aircraft carriers TCM as they seem to have difficulty in getting further than the Isle of Wight

Good points Bonneville.

I doubt if anyone has thought of that especially the Israelis.

TCM says "No one likes me because I tell it how it is"

I think it's more to do with your arrogant, superior attitude, treating your fellow posters as being mainly idiots.

Before we get too excited I thought it worth calculating what €15M less tax is worth to the share price (once it has been received).

Please correct me if my maths are wrong but I think about 2p?

Far more important is the greater prospect of another €65M (about 8p/share?) before too long, not having to issue more shares and proving the posts of people like Aiminvestor are deliberately misleading and should be ignored.

I think some praise should be given to Sam and the RKH team, who not only came up with the OM monetisation plan but then worked hard to get FIG to agree to it.

Here we are well before the deadline with it signed off and very little prospect of RoI achieving their annulment.

So RKH and FIG not cooperating with each other eh?

and Sam sitting on his hands doing nothing eh?

Now let's see what negative spin Godders (Aiminvestor) can put on this news.

Or will he remain silent rather than actually admitting he has been trying to wind us all up with his rubbish?

Aiminvestor says: "My point is - it calls into question the integrity of management"

Any more recent examples relevant today?

Aiminvestor says:

"Well I didnt hear Sam correct PJ when he said the share was grossly undervalued. i didnt hear him contradict our chairman's claim that he was "unable" to buy shares. I also watched as Sam bailed out FOGL ( a bankrupt company) at way over market value and then employed the former CEO as head of the RKH remuneration committee ".

As LTT says, PJ was years ago. Wasn't he the one who wanted RKH listed on, say, FTSE250, so had more interest in a higher RKH sp than just getting SL into production? Anyway, what's that got to do with June 2024?

As for the rest of your post, what's that got to do with the price of fish, or today's sp?

We want to discuss what's going on right now, not the unrealistic dreams of PJ donkeys years ago, or any other ancient history?

Come on Godders, you are going to have to do better than that to distract us.

"we are all here for the same reason"?

Not everyone, I'm afraid Ryan.

Some here are genuine investors, using the BB to discuss things and gain, or give advice.

Others are blatant opportunists, trying to manipulate to their advantage.

Please don’t patronise us, TCM. Anyone with a brain invested in RKH is more than aware of the significant risks.

I object to Aiminvestor making blatantly false, misleading, and/or unsubstantiated statements, and you then supporting them.

Otherwise, honestly held differing opinions are fundamental to any discussion.

Investor just makes completely unsubstantiated statements, which are designed to cause confusion and anxiety.

When Aiminvestor makes his next statement, just stop and think about it and whether it has any merit or truth.

Aiminvestors also says: "We are a long way off first oil both in terms of time and process. Valuing this share at 1 pound plus is a nonsense and predicated on many many unknowns and much time."

Eh? We are NOT "a long way off first oil" and you know it.

Making such false statements is meant to mislead (rather than an informed statement), so 'shove it' Aiminvestors.

Aiminvestors says: "a 3.x ish return on the current price and I would view it as very generous", which is true, if you look at RKH as no more than a casino chip, or a lottery scratch card.

But RKH isn't a casino chip, or a lottery scratch card, but represents potentially vast areas of oil & gas reserves, of which SL is only a part.

Some here have bought their chips/lottery tickets for a great deal more than 14p.

Much to many peoples surprise, oil and gas are likely to be part of a counter-intuitive revival, as the renewable sector hasn't been able to deliver, when World energy demands just keep increasing.

Going back to your 50p TO offer, as I said before, that would be a derisory offer from an opportunist. Anyone accepting that would also be an opportunist, or someone who hasn't grasped the potential value of FI oil & gas.

Aiminvestors says: "I would accept 50 p." because you are back here to stir things up and sow doubt in the minds of those who are not sure, or are easily led.

50p might seem attractive to some right now, but RKH exists to bring FI oil to market, for which 50p/share is a derisory, ludicrous figure, except for insincere posters, up to mischief.

"I can't imagine there's many still in here who wouldn't at least consider a 50p offer"

I'd consider it, then say: 'NO'

Oh dear, Aiminvestors, still trying to use posh words? I think you meant 'recalcitrant'? 'Incalcitrant' is the wrong word used by uneducated people, like confusing 'flaunt' and 'flout'.

So a Special EXCO isn't good enough for you Godders? What did you want, the Legislative Assembly give you a special call to invite you to participate in reviewing the EIS?

Yes, "SPECIAL EXCO" provides an answer to Aiminvestors suggestions that FIG aren't pulling their weight.

As Mogger says: "Always best to look at the facts".