Member Info for ralph2010

Maybe it will be $200, in 4 years time, if its developed by then ££££.

However Sam and Tony have done a very job job of not developing the past 8 years.......

In the long run it will be worth more, but they will also be dead and all of us.

You came here suggesting they need to raise $400 million for funding and appraisal WRONG!

You then assume that that they need loans and give away % of their 40%.

get what you are saying, but they could also farm out Isobel, which I think is atleast 2x Sea Lion.

They may not even need the $337, we will see. But im pretty sure they wont be after $400 million any time soon.

Despite the dwindling bank balance

They don't need additional funds to appraise at this stage, who said they were going to go after the smaller peripheral targets before they are producing phase1?

Who said they will have to give up part of their 40% ?

Who said they will need the PMO loan

Who said they will need a loan at all?

You make alot of assumptions....

I told you yesterday. RKH dont need to find the cash ,PMO. Its a FREE carry for RKH

Read the companies latest update:

https://rockhopperexploration.co.uk/_site/wp-content/uploads/2018/09/Investor-Pres-18-Sept-2018.pdf

page 16

o Sea Lion funding package progressing with ECAs, project finance
lenders and contractors
• Sea Lion Phase 1 development fully funded post project sanction
• $337 million Development Carry and $750 million Standby Loan
from Premier

I seriously hope they aren't going to be buying more junk! This from their latest update

"Opportunities screened on highly
selective basis
o Focus on addition of production and
cash flow
o Strengthen balance sheet"

Go back to sleep. PMO need to find the money

Wake me up when its £1

I would rather that than be known as a 8ell £nd .

Oilsky I just leave the leader of the other 8ell £nds on ignore, ovet or what ever his name is. I don't care what he calls me tbh.

Nothing has changed though. Still no money for development, they are making the right noises, but that is not cash in the bank.

The market isnt convinced obviously

Only pillocks put RNS as the subject - It makes people immediately get excited and start looking for an RNS frantically

Im a realist.......

Why ? What does it matter? That is his view on the situation .

With this Brexit fiasco there is a reasonable chance this Marx lover will get in and act on his views 2.5 years old or not , or he may have even strengthened them ! He will undoubtedly have a dim view of Oil companies too such is the nature of the man.

Share holders or the BOD do not want him to get in !

Don't post RNS, pillock.

https://www.theguardian.com/uk-news/2016/jan/24/jeremy-corbyn-power-sharing-deal-falkland-islands-argentina

A terrifying thought.......

We actually in the blow off phase. This will never reach previous highs......

still lower that it was a month ago.........

£ or $ what ever. $46 to $30 by year end, including the H1 and H2.

Cash call coming imho.....

£46 million and will £30 million by end of 2018.

Thats some burn considering the missing £16 Million isnt going to add value.

So even if FID is announced as a go, when are they going to make the cash call?

No, dont tell me what to do!

No I didnt. You missed the boat in 2010!

Long term? You got another decade then?