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"why would you sell at 25-50p regardless"?

I bet he has no intention of selling at 25 - 50p if it takes off as we expect (except perhaps for a few shares to raise a bit of immediate cash).
Anyone posting that is either lying, mad, or trying to spook PIs into handing over their shares to IIs for a song, who will gladly grab the lot on the cheap.

BTW, this BB is degenerating into another ADVFN - why do some posters find it necessary to be so objectionable?
Usually a sign of lack of education and/or drunkenness, so unable to express themselves in any other way.

Come on chaps, you always had too much to say on the way down, why the silence now?
Then there's LaticsR, who seemed to have it in for Mr Moody. Feeling a bit silly now, are you?

At least try and defend your previous posts.

Where are you guys - we await your words of wisdom.

Even " if the Russian Ukraine war ends", I suspect most will have found alternative sources AND who would trust Russia after all this (at least for quite some time)?

"the upside is Huge"

Yes - Rogue Trader wrongly forecast that the sp would 'drop considerably', should RKH have to raise funds to remain solvent by September (i.e. now).
Once solvent and the Navitas deal signed-off, he says we're looking at "£1.8 Billion profit" (with Brent at $75), so should that happen, there is a "staggering upside for RKH, just for phase 1".

So, forget about any threat of ICSID award annulment and enjoy a very good W/E everyone.

If you're trading this share, then the award is probably of greater interest, otherwise it's now become a sideshow to the main performance, which is getting SL into production.
Even if the Italians delay the outcome, I can't see them not having to pay-up and then with even more added interest to pay.
There's no prospect of RKH going bust any more, which seemed possible not long ago and which the Italian State seemed to be relying on to wriggle out of paying any award.
If RKH plans to use the award payment for the SL project, any annulment procedure will be out of the way quite soon, so no real problem, except RKH wouldn't be able to invest that money into a cash-generating business to bolster corporate finances. Only a few weeks ago, most seemed happy at the prospects of a £50M ICSID award, which wouldn't have provided enough to buy a cash-generating business.

So what's the problem? Only the possibility that the FIG won't sign-off Navitas taking over from HBR, but who really sees that as likely (as Navitas is already building its project team).

On another serious note, infrastructure like you describe is constructed over many years, as the need arises. You certainly wouldn't build sophisticated infrastructure now just for SL.

If the FIG objective is to attract bigger cruise liners and be 'The Gateway to The Antarctic', then such infrastructure would be needed and expected by visitors. Only oil/gas revenue could pay for that, which to me looks like increasing the demand for FI oil/gas production.
I think you're putting the cart before the horse, me old sunshine.

If that sort of demand is likely to arise, then I'd be looking to put a few bob on FIH Group, but certainly not doing a runner by cashing-in my RKH shares.

They could always borrow our poet laureate on the cheap.

On a serious note, do you seriously suggest that the likes of Gideon Tadmor haven't already considered this?
Anyway, what you suggest wouldn't be needed, or built overnight.

Bit of a pity, because those warrants in ISAs have now lost their tax-free status.
At the time they were within our ISAs, there was little point in exercising them, because we could have bought the same number of shares for a discount of more than 20% than paying the full 9p.
Seemed a bit stupid to pay 9p just to keep them in the ISA (before the 30 days elapsed), if you could get them for so much less in the open market.
Mind you, the CGT allowance is generous enough for most qualifying shareholders to exercise their warrants and sell them for a tax-free profit anyway, so not really a problem, unless you're doing other CGT-relevant transactions (e.g. other share sales, property sale, etc.).

Too late sunshine - warrants could only be held in an ISA for 30 days, which have long passed.
Maybe your broker doesn't know the rules and your warrants are still in your ISA, but they shouldn't be.
If you exercised them now, I'd expect the broker to tell you that they have been transferred into an ordinary share account.

Thought we'd told you to Eff Off Mikey.
Who says this is written by 'experts'?
So, as long as it looks as though it's in print, you soak it up like the wally you are?

Go and join your lunatic pals on ADVFN

Gordon, don't like Barclays at the best of times, but that sounds particularly s h 1 t to me.
You should be able to exercise your right at any time, not on random dates they dictate. Looks as though their systems are s h 1 t, otherwise what's the problem?

Anyway, I know some have already done their warrant thing, which is OK if that's what they want to do, but frankly there's absolutely no rush, at least not until 5pm, 31/12/23, which is the deadline.
For those who've exercised their warrant rights already, I just wonder why they didn't buy some extra shares a week or two ago, when the sp was below 7p. The shares they'd have ended up with would have been just as good as the ones they've bought through their warrants, except they'd have paid more than 2p less for the same things.

I see the warrants as more of a longer-term facility, if the sp were to jump significantly, perhaps to a level where I'd consider selling some of my holding (e.g. 50p or more). I could sell those bagging a nice profit, while knowing I could buy the same number, using my warrants, for 9p thereby ending-up holding the same number of shares, but with a nice profit as well.
HL are far better organised - I thought they'd make a pig's ear of it, but have been completely trouble-free so far.

Michael, please stop posting your rubbish. If that's the best you can do, then go to ADVFN, as that's the sort of post they seem to enjoy - NOT HERE.
If there's the slightest flicker of a T/O bid, you can be sure there'll be plenty of interested takers, so I'm afraid you're simply making an even bigger public tit of yourself by continuing to post your rubbish.

'fraid that 'Open Offer' to shareholders closed some time ago.
There was a period when you could have bought shares in the market for less, but of course, that would have meant that RKH would not have raised funds on the purchase of such shares.

15- 16p may seem a bit high, if you've been able to buy at 7p, or less, but actually, it's still very cheap, because the full OM award implications don't seem to have sunk in yet and we've still to start the REAL show, which is Navitas taking SL over from HBR and then hell-for-leather into production ASAP, which is what I reckon Gideon Tadmor envisages, as he has witnessed far too much foot-dragging for his liking and dynamism.

You're just confirming what I mean Ralphybabes.

No M-D, there have been a lot of posters who got it right, without the idiotic and objectionable stuff posted by Nigoil.
Very early-on, Nigoil seemed almost sane and I would agree with his very early postings.

But then, all he did was just shout louder than the rest of us, adding nothing new, or original, but simply stand on his roof with a megaphone shouting abuse and now you congratulate him.

What about miserable moaning Kurgy and deramper Ralphy?
Where have they disappeared to? Under a stone?

There's no pleasing some, is there Micky

Hydraides, why don't you go and post your drivel on ADVFN instead of making a public fool of yourself here?

Then take a running jump.

Agreed Paul.
While we all obsess about the OM award, there's the small matter of SL going ahead and the sign-off with FIG, Navitas & RKH to remember, which we were told in the 26/7/22 'Sea Lion Update' RNS would be in Q3 and we're 2/3 through that already.
So, if you sell your shares today, before the market has had time to digest the OM award properly, you'll be losing out on the much bigger announcement due any day.