Member Info for pauldrayton

Apologies if this has been posted before. Nothing new but encouraging:

https://www.facebook.com/100064291495689/posts/pfbid0mE8Rku5fqdX26kGYzc6YzSmq4K7HzJMDRVWy1ibbcwzGhLoVzAZPTSus4kELshzYl/?app=fbl

Such a big trader you’re posting about £5k buys on here Cheeky!

So long!

You might be better off on ADVFN Cheeky with all the other nutters and pretend holders.

You won’t impress anybody here.

Pipe down Cheeky, you were being mocked but didn’t realise!

You’re rattled because you’ve been caught Godders.

Buying and buying whilst posting ‘12p and falling’ on here. Your game is up, your goose is cooked. You’ve been outed whether you like it or not.

Godders has been well and truly outed.

If Godders is whinging it means he’s buying.

It really is that simple.

That’s a very interesting link Mogger - anybody else here on the ownership list?!

It shows as Mogger points out that Godders has been buying shares whilst posting his childish negative headlines on here, presumably in some kind of pathetic effort to suppress the share price whilst he accumulates more.

It’s naive to think that bulletin boards influence the share price these days but it does prove he’s trying! I thought he was just immature but he’s actually doing his best to influence other people to sell (or not buy) whilst he buys more.

As somebody else suggested I shall not engage any further with somebody who has such an obvious ulterior motive. I’m surprised LSE haven’t banned him as his behaviour is intentionally disruptive at best.

What a clown.

Https://www.linkedin.com/in/david-blackmore-26b94140?

Looks like another recruit to the Navitas U.K. team.

Gosh what a revelation. Of course the share price is where it is for a reason. That doesn’t determine where the share price will be in the future. Otherwise there would be no point in buying or selling shares in any company at any point.

Https://x.com/falklandsrepuk/status/1767591277615305192?

You’re talking nonsense again Godders. The “material obstacle” for FID is finance and that’s what Navitas are working on. You are fully aware of all the minor bits going on in the background as LTT pointed out but they are not material news worth putting in and RNS. You criticised PIerre Jungels for being overoptimistic and now you’re criticising Sam Moody for not getting ahead of himself. I think you just like to whinge no matter what. There are plenty of CEOs on AIM who will shout from the rooftop about immaterial news and I for one am pleased that SM is not one of them.

Once material news is available it will be announced via RNS. You might not believe that Navitas can achieve FID by the end of the year - you might be right and you might be wrong but let’s see. You won’t be disappointed either way if you don’t think they can do it.

I shall stop engaging with you now because I think your true motive is to seek attention and disrupt the board which is a bit sad but such is life.

No Godders, you are just being childish. Your incessant posting of these new subject lines is proof enough of that. Negative commentary should be encouraged if you have a valid point to make but you’re just repeating yourself with pointless posts which add nothing and clog up the board.

You know full well that it’s not in the hands of RKH whether or not FID is this year or next and they are as reliant on Navitas as everybody else is.

So once again, why don’t you give Navitas a chance to do what they have set out to do, and it that doesn’t happen then you can have another whinge at them in a year’s time.

In the meantime give it a rest because you’re boring everybody else as much as you must be boring yourself.

Time to grow up.

Why are you so childish Godders?

In all seriousness, to those complaining about lack of news and share price movement, Navitas have nailed their colours to the mast in terms of timescale. I know RKH had a bad experience with PMO’s false promises but PMO are not Navitas and surely they should be given a chance to prove themselves.

They’ve set ambitious targets including FID this year, so why not wait and judge them on that? If we get to this point next year with no FID then by all means whinge and complain on here. In the meantime why not let Navitas have the chance to prove themselves?

Why are you entitled to complain? Doesn’t that just mean you bought at the wrong time which is your mistake?

At some point in the not too distant future I would expect volume to pick up significantly.

The current 3 month daily average is 800k shares and I would guess the share price has averaged roughly 11.5p over that period.

That’s about £92k per day, £460k a week and £24m per year.

Let’s assume first oil is about 3 years away (all being well and allowing for a slight slippage), if it carries on at the same rate only £72m worth of shares would be traded prior to first oil (less than today’s market cap).

Bear in mind on an exploration result RNS that sort of figure would be traded on a single day.

I don’t think the bigger players who might want a piece of the action can wait that much longer if they want to accumulate a reasonable holding before first oil.

Thanks jocko - appreciate you providing info from the FIs.

Yes it is although it doesn’t affect Rockhopper’s case.

Agreed. If only we could bring back the old iii board.

My suspicion is that Navitas have known they can secure finance since they took over PMO’s share of the licenses, and what’s happened since is more about adjusting the field development plan to make the project as economically attractive as possible in order to get the best finance deal possible. It’s more a case of getting the best finance package rather than whether they can secure one or not. The smaller up-front spend suits Rockhopper very well too.