Member Info for ralph2010

At the moment. WW3 would indeed sink this for a whie I think. Been here too long to not be a little cautious at what can go wrong or not happen in the 1st place.

I dont advise famliy or friends, can be a dangerous thing if it goes broke.

Good for coding ! A god send for my degree, which is in AI. Going to be a different world now.

Heading towatrds the Caribbean Sea now.

https://shipinfo.net/find_vessel_XIN_YAO_HUA_IMO-9925980_MMSI-636021076

No expert, but I think a bit of sideways and pull backs, but over the coming months a heading toward 50p, in the summer. In short, I think there is time to get in.

Peanuts

£59,823.81 is what that is worth. Some tea and biscuits.

Grimuphere = bell end

North Argentine Basin, although I don't think they have found anything yet, could be a factor. By banning and throwing tantrums at oil companies, they cut their noses off to spite their face. Its a wrench in the works that hurts Argentina too. They want to be rolling out the red carpet for explorers who have to put up $billions, as we know with RKH. Milei can spin it that they won't give up their "Malvinas" claim, but will benefit from FI Oil and the companies involved.

Looking at Navitas SP since FID was announced for shenandoah, it was a slow process with pull backs for weeks and weeks of flatness. Nav is valued at £1.5 billion with £800million debt about to produce 50k+ barrels a day. A long road ahead, muliple £ wont be seen for years.

Zaza?

I think ~40p is the limit for now until news.

Could be, they could just buy under 3% and then sell chunks to drop the price and end up churning up cheaper stock. But that can only be done so far though.

As someone has already pointed out, volume has been up since this rise, but it's not a great value in £. It looks like it's all PI-driven, and the absence of any holdings RNS from IIs supports that. I can't see it rising much more until news, unless IIs start getting in. A few pence a week until FID would be good progress; 100p+ isn't going to happen overnight. This is still a long haul, and we could pull back if a lot of PIs start panicking.

I was thinking a midcaps might want in. Not so sure a bigcap would want RKH ?

Dont think so. 200 000 for RKH would be multiples of £4.60

They will be producing more than 20000 BOD at phase 3.

But the future profits for RKH may not just include SL and the 3 phases. Isobel and south north basin could suggest more value.

I got a few for 37p

The North FI basin features various untested plays, including:

Fan Sandstones along the Eastern Margin: Potential reservoirs may exist in fan sandstone deposits along the eastern margin of the basin.

Laterally-Derived Delta Sandstones: Sandstone formations derived from lateral deltaic systems along both basin margins could serve as future exploration targets.

Basin Margin Sandstones: Sandstones developed during the overstepping of the eastern rift shoulder present another prospective play.

Closed High Plays to the South: Structural highs to the south of previously drilled areas may offer additional exploration opportunities.

These untested plays underscore the basin's exploration potential beyond currently identified fields