Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Wood Mackenzie were warning years ago of lack of investment in new oil fields. It has only got worse with the pandemic.
Opec do not have the spare capacity they say they do. Soon crude is going t be in very short supply and Sea Lion will become very attractive. I believe it will get developed just can't gaurantee RKH will be around to see it!
Quarterly report from Navitas just out. Mentions Sea Lion but nothing we didn't already know.
"The partnership continues to examine its course of action in relation to the Memorandum of Understanding and the Oil Asset, including Examining the possibility of acquiring rights in the oil asset on occasional terms, as it did in the circumstances Similar that took place in the Baskin and Shenandoah projects. In addition, the partnership is in the process of being examined And an assessment together with Rockhopper (the remaining partner in the oil asset) of the feasibility of asset development Oil and various business alternatives."
https://www.offshore-energy.biz/offshore-deepwater-oil-production-one-of-cheapest-sources-of-new-supply-as-costs-reach-new-low-rystad-says/
Offshore production now 35% cheaper to produce compared to 2014
https://www.proactiveinvestors.co.uk/companies/news/39035/numis-says-premier-oils-sea-lion-deal-risky-prefers-enquest-and-cairn-energy-46623.html
Article from 2012, "Sea Lion is highly levered to oil price" wonder what oil price makes this a goer?
What I don't underdstand is why any of the II's listed of the FT website are note included.
https://markets.ft.com/data/equities/tearsheet/profile?s=RKH:LSE
Appreciate the HL STockbrokers will be private investors nominee accounts so should be excluded but shouldn't HL Asset Management show.
145,0006.56
-
6.8913,8291
Depth 16
08:44 45,000 6.56
08:44 10,000 6.55
08:44 13 6.51
08:59 12 6.51
08:14 5,000 6.35
07:50 15,997 6.34
07:51 172,000 6.3
05:00 100,000 6
07:50 8,090 6
07:51 MREX 50,000 6
07:54 WINS 50,000 5.5
08:44 SCAP 50,000 5.28
09:19 PEEL 50,000 5.23
09:20 CANA 50,000 5.23
07:50 SING 50,000 5
07:50 10,463 4.75
10 Depth
6.89 13,829 09:19
6.9 25,000 09:19
7 41,173 07:50
7 50,000 WINS 07:54
7.2 1,600 07:50
8 50,000 SING 07:50
8 50,000 MREX 07:51
8.23 50,000 PEEL 09:19
8.23 50,000 CANA 09:20
8.28 50,000 SCAP 08:44
https://www.thetimes.co.uk/article/falkland-oil-firm-in-investor-revolt-v39fzth5gqs
SpaceHoppa, as mentioned in another thread, I had a very similar response to that, again around June time. Unfortunately I have deleted it but it was almost identical to yours. Perhaps he has known it was on the cards all along and has made other arrangements. Time will tell