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In any case, RKH isn't the operator, so Navitas would be rightly annoyed if Sam repeatedly published unauthorised announcements, which then turned out to be wrong, or just didn't happen, as in the case of PMO.

Keeping quiet is no evidence of idleness.

Not while you keep posting here what a n awful company RKH is, with such a useless management team, Latics.

Decidedleaverage, clearly we don't speak, or write the same language. You need to go back to school.

Decidedleaverage, please produce my post which said 'things will happen when they happen'.

You obviously haven't read my post.

Read it first, then make yourself look silly Latics

Decidedleaverage, after your repeated moaning about my not replying fast enough to your inane questions, you didn't even comment on the lengthy reply I wrote just for you - isn't that a bit casual, if not rude?

You obviously didn't bother to read it all, otherwise you wouldn't continue to repeat your inane points without at least challenging my reply.

'this share is out of money' - no it isn't

'This is a lottery ticket gamble' - no it isn't

The 'corporate update, the equivalent of a gant chart' (BTW it's Gantt) is for Navitas to produce. Too wet to abuse Gideon Tadmor, in the way you do Sam, are you?

You would appear to find it easier to post rubbish than do a bit of research, thereby making yourself look silly.

Latics, so far Sam has handled the OM award process impeccably - far better than even his supporters could have imagined, so why would he suddenly make a a mess of it, when so close to the end?

You'll have to do better than that, if that's your attempt at Latic's Silly Comment of the Day

Just to add - I doubt if the IIs invested in RKH will want to see the OM award slip through their fingers, if, say, SL is delayed.

So I agree that issuing a few more shares is an option, which would not incur the 'massive dilution' referred to by the habitual moaners

No Ralph, of course it's not a 'given'.

Just going through the options, one of which is to sell the award, but that would need the selling price to be attractive enough for RKH, which none of us knows (assuming there have already been some offers).

The point I'm really making is that RKH has a few options available before having to raise any more funds, selling the award being just one.

See what I mean, everyone - Latics is one of the most active negative posters.

Latics, what was the point of today's silly comment?

First, you must have subscribed to last year's Open Offer - you'll know if you did that, as that would have involved instructing your broker and paying whatever was due.

If you didn't, then you didn't participate (maybe you just overlooked it), so you would not have been given options for warrants.

'No OM money' eh? Some people just cannot be pleased. I know he's had a lot of help and advice from the top experts, but Sam has truly delivered on this and one very specific point is that he has not tried to rush things, even though he needed the award 'yesterday'. He could see that trying to pressurise the Tribunal would be counter-productive, something the moaners here are not intelligent enough to see.

Before they embarked on their claim, RKH, K&S and Harbour would have known that, with Italy, this was going to be a very long haul.

They have delivered an award, which is massively above expectations, to the point that RKH could sell it at a substantial discount and still end up with more than many posters here thought would have been a very good outcome.

I agree that to get the full settlement will take time and money, but RKH will be able to sell it early for a sum that will provide much, if not all of the cash needed for SL. RKH may decide that concentrating on getting the revenue from SL outweighs the long battle for the full OM award.

Then there are the comments about the need to raise more cash, with another 'massive dilution'. Where does that come from? The deadline for taking-up warrants is still over 3 months away. As I've already said, RKH may well sell the OM award for a considerable sum. So why the 'massive dilution'? How much cash do these posters think will be needed?

Decidedleaverage, if you're so exasperated, have you attempted to contact Sam to discuss your exasperation and what did he say? If you didn't, why not?

If I was as exasperated as you (and the others) claim to be and could see the possibility of things starting to turn around, I think I'd keep silent, rather than daily try to discredit the very thing that could resolve it all.

Decidedleaverage, thanks for your eventual answer.

It seems as though quite a few have had their fingers burnt, some badly, but to use that as the excuse to publicly attack RKH and Sam in particular, doesn't seem a very intelligent way of helping to rectify their situation, assuming those posters are really acting as they claim.

For example, calling Sam and the BoD fraudulent, or that investing in RKH is like a Ponzi scheme - that's not only abusive, but pretty mindless, unless, of course, these posters actually want to try and influence the sp to their advantage.

That they do so relentlessly and daily, without ever finding anything positive to say - It's almost a Putin-like approach: If I can't have what I want NOW, then I'll trash it. That's not only strange, but indicates that they have another agenda, which they won't admit publicly. These posters are not what they claim to be.

I'm not a great fan of Sam as our CEO, and I'm absolutely sure he's made plenty of mistakes, but the person who never made a mistake never did anything. It's the person who doesn't learn from their mistakes that you should be worrying about.

I also believe PJ was behind some of the earlier errors of judgement, seeing RKH being bigger and better much too early, instead of concentrating on getting SL into production, which would have delivered all those dreams instead of them being distractions.

I'm sure PJ and the rest of the board saw the SL discovery as so BIG, it couldn't possibly go wrong. Another error of judgement was to be complacent in believing all those oil companies would rush to get involved, which, of course, didn't happen.

As for Sam, I believe he has learnt many lessons, which he is applying now. To constantly moan about him, sometimes abusively, is wrong, unfair, counter-productive and unintelligent. Anyway, Navitas is the operator, so what's the point of shouting about Sam? The moaners are attacking the wrong target.

Regarding 'no timetable to FID', that's probably VERY wrong. I believe Navitas has a very tight timetable, but just isn't publicising it, because, unlike PMO and to a lesser extent Harbour Energy, Navitas don't intend making public fools of themselves making public statements, if something goes wrong. If things go right, they could even bring dates forward, but they're too intelligent to make foolish public statements, as PMO did.

Part 2....................................

Decidedleaverage, you are an impatient so-and-so. Some of us actually have lives and don't spend all day drivelling on BBs.

In the same way you show impatience about RKH, SL, Navitas and the OM award, you show the same impatience about this.

An answer will come, but like all the rest, when it's ready and not before.

Decidedleaverage, I think you'll find I asked you a question, which you still haven't answered.

Asking me a different question isn't an answer.

Now I wonder why a shareholder would constantly post critical comments about the company he's chosen to invest in and get defensive when challenged.

Something illogical about that.

If I was so anti-RKH, I think I would have got out and put my precious money elsewhere, or spend it.

Are you a RKH shareholder Decidedleaverage?

BTW, where's the 'censorship' in asking a question, which you refuse to answer?

"There is just no point in holding this stock"

Decidedleaverage, why are you wasting your (and our) time posting here?

You don't appear to be posting for any other share.

If you have an intellectual message that would actually be worth reading, could you please let us know what it is?

I enjoy discussion, which can sometimes get robust, without being abusive or upsetting, but these two have crossed the line, turning this BB into a bear garden.

Latics even accuses posters of hiding 'behind their keyboards and hurl abuse', while apparently not considering his own posts.

CJ1986 says he's driven to posting his stuff out of exasperation with RKH and its management, having no quarrel with us, yet we're the ones who have to read it. If your quarrel is with RKH and its management, then contact them and say to them what you have been imposing on us here.

I hope that LSE does something about this disruptive pair and I will be reporting them in the hope that they are banned.

In the mean time CJ1986 & Latics, just re-read your posts and then ask yourselves what you would say about others who post such stuff.

HappyInvestor, thanks for your post. Like some others, I may not agree with everything, but what you post makes sense.

I'm not a fanatical supporter of Sam (as some here seem to believe). Regarding the postings about unjustified high salaries, I imagine that once you have become used to living comfortably, then you don't want to go backwards, especially if there's an opportunity for even greater success. So, Sam now seems our best hope of success and really IS getting things done in a quiet and determined way.

Our BoD must take collective responsibility for what's happened over the years. My view is that Pierre Jungels was probably the principal one to take us all on irrelevant detours to places like Egypt and Italy. Wasn't he the one who wanted RKH to be elevated from AIM, which required broader business activities than just SL exploration?

Clearly Sam has to take his share of responsibility for all that, but if I am right, then PJ should be the one to take much of the flak, but as PJ has gone, now Sam has to take it all.

It seems to me that SL is so vast, that everyone (punters included) went a bit mad and started spending SL's wealth before we had it.

For RKH it involved squandering £Millions on irrelevant detours (e.g. Egypt, Italy) and for punters it meant buying too many shares at inflated prices.

We are where we are and the current RKH management and operator cannot be criticised for deviating from the main objective, which is probably why, this time, SL will happen, but not without having squandered vast sums in achieving not very much.