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Some of the best advice I've read for a long time Cubane.

If you're not going to trade your shares and have no intention of doing so until they recover to a value that you have set, then what's the point of staring at a screen all day (or even on-and-off all day) as the sp drifts?

Some of these folk must have excruciatingly boring lives, if they've got nothing else to do except stare at the drifting sp, punctuated by posting repetitive moans which achieve nothing, except getting themselves put on "ignore", as the rest of us tire of it.

OK, maybe have a look in the morning to see if there's been an RNS announcement, but if there's no change, then get on with your life, as every moment you waste on doing this, is a moment you'll later wish you'd done something interesting/useful.

I can help increase World demand by topping-up the 3-in-1 can for my bike!
Come on chaps - you can all do your "little something" for the cause (a bit like bunging a bob for a bong)!

fecm, you should have learnt by now that Nige is never wrong, whichever way it goes!

The way I see it is that the longer term future for oil & gas is very uncertain.
Some say "peak oil" will happen as early as the mid-2020s and then collapse rapidly, others agree about the mid-2020s, but say it'll continue at that level for quite a while. Others say that peak oil won't be until the 2030s.
Some are saying there's going to be an oil shock, when the US shale bubble bursts, whereas others are saying that's bunk.

What's certain is that no one's quite sure!
Too rapid a switch to renewables, as well as being improbable (because of the lack of Worldwide infrastructure) will propel many oil producing states into economic failure. So the switch needs to be controlled and not just left to happen.

In that environment, who's going to risk investing in a costly new venture, in a remote part of the World, which could peter out almost as soon as it's started?
On the other hand, if you're sitting on a large quantity of high quality oil, with a lot more in the region, are you going to let it go just because you're not sure what's going to happen?
In a post-Brexit UK, one thing the Government won't want is to be unable to keep the lights on, so hedging their bets with a trivial (at least to the government) export credit investment would seem very wise.

My guess is that the combined funding from multiple sources (including UK Export Credit and possibly Israel) will be enough to get the SL project off the ground and pretty soon. It's not without risk, but it's very well planned and rehearsed (Catcher), which should produce enough revenue to pay everyone involved, from FIG, the FI population, PMO, RKH, Navitas, banks, other lenders, HMG's FI defence costs, etc., by when the future of oil and gas will be clearer. That will decide the extent to which the project continues to Isobel/Elaine, even Rhea, etc.
That's why Navitas is so important to the risk-sharing nature of how this project has become.

I think the talk now of billions of barrels production across the whole FI region is premature, but I do believe that SL will go ahead and then we'll all have (once again) to wait and see!

Cyan, as you say, looks as though Navitas has got a bargain, and we're not seeing them having to compete against a rush of other contenders, so we're going to have to be happy with what we've got.

As I've said before, at least Navitas look as though they can drive a good bargain, so once they're fully aboard, they'll be "on our side".

I'd like to hear the FIG version, now that Navitas has made its appearance.

Well, if Navitas are THAT good, isn't it great to have them as partners?
I mean, you wouldn't want a rubbish partner, would you?

This is effin' amazing, not least because it's an Israeli oil company with no Argentinean axes to grind AND a company that knows how to protect/defend off-shore oil fields in hostile environments.
Who could have asked for more?

Interesting to see the volume of filtered posts and how much better it is without them.

Gozzie, why don't you Effoff?
You contribute nothing worthwhile.
Criticising Mogger for posting a job advert shows what a **** you must be, because at least that post was factual, unlike the endless borrox you spout.
Go away and do something useful.

What's happened to Nige and all his/their promises?

You don't think his/their post from Palermo, Bueno Aires, Argentina might just have been the tiniest of clues?

Depends which "Palermo" you're referring to.

Is this "Rishi Dubai"supposed to be an MP?
If so, he isn't listed in the latest list of new MPs, nor is there anyone like it.

Ollie, The Mafia are pretty on the ball. They're not stupid, so they're not going to waste their time on Nige.

If they torture it/them (which I'd strongly support), what good would it produce? Everything it/they have predicted so far hasn't materialised.

Not to say that SL isn't going to happen and the RKH sp fly (eventually), but that won't be any thanks to Nige, who repeatedly predicted "FID/sanction 2019", which is now almost over without anything to show, except an even lower sp.

And when RKH eventually comes good, don't let Nige take any credit for predicting it, because the likes of the rest of us (the so-called "de-rampers") have been saying all along that it IS going to happen, but just NOT in 2019 and that everyone's going to have to be patient.

Also remember, it was Nige (and its cronies) that didn't even know that the markets close at midday on Christmas Eve - so how can you trust people who know that little?

In view of the circumstances, anything like this would be negotiable, if it means the difference between getting this thing off the ground, or further and perhaps indefinite delay.

Forget Nige and all his (their) false dawns - SL is going to fly, but without RKH. There is hardly anyone who wouldn't want it to go ahead, apart perhaps from Greta Thunberg and Cristina Fernández de Kirchner!

If Boris gets elected with a bit of a majority, Export Credit approval will follow quite quickly, otherwise it will stall and if Lenin gets in (improbable), then forget the whole thing.
EC funding isn't absolutely essential, but is very useful to give other investors confidence and ensure HMG has some "skin in the game".

Otherwise, the next big announcement would probably be about Zama-1 and as Specul8 has said, the final deal could include involvement in the SL project as well.
If that happens, I reckon PMO and ANOther won't want some piffling little outfit like RKH getting under their feet. With the sp so low, they'll take the opportunity to take out RKH, perhaps before any arbitration award is announced, which could otherwise add to their merger/acquisition bill.
Then they'll have pretty much most of the FI Region licences under their direct control and Sam can go and mow his Wiltshire grass, in between polishing his new Merc.

That's just an "Aunt Sally" for everyone to knock about, but I think it has some validity and is hopefully more realistic than Nige's constant waffle and false dawns.

FI, how do you know Nige is buying RKH shares?
We can all say what we bloomin' like on BBs like this and some do exactly that.
There's no way to authenticate Nige, unless he posts before purchasing saying: "In 10 minutes, I'm going to buy 10,938 RKH shares and if you check, you'll see I've done it". 10 minutes later, if a trade goes through for exactly 10,938 shares (or whatever number stated and it needs to be identifiable), then that's pretty good evidence that he's (they're) not just messing everyone about.
Otherwise, I take the rubbish posted by Nige and your good self with a very large salt mine.

Of course we all want it to take off and be rich as Croesus, just in time for Christmas, but Nige's predictions have so far been notable by always being disappointing/wrong, followed by pathetic justifications, saying that it's all part of the bigger plan, it's really great that the sp is this low and tomorrow there'll be a fantastic announcement.
I for one, bloody well hope he's (they're) right.

He's popped over to the ADVFN BB, to wind them up!
Actually, I say "he", but I suspect there's more than one Nige, otherwise, considering the time he spends wittering on BBs various, if it were one person, he wouldn't even have time for a sh*t, unless he takes his gadget with him!
Anyway, Nige sez it's all fine - all part of some great plan and the fact that the sp falls like a stone is apparently great news.

Good point about another opportunity for Sam to feather his already comfy nest, and at Christmas too!
With the sp this low, I'm beginning to know what it feels like to be sitting, homeless on the pavement, in the rain, while Sam drives past in his even bigger newer Merc, splashing, me as his chauffeur deliberately goes through a big puddle.

For 2 hats, you need 2 faces - Nige qualifies.