Member Info for Rookie1

Been there to many times mate. I honestly think there�s serious upside due here. 50-75p mid term imo.

Thanks mate

What sort of stake in block energy do sunrise own? Does anyone know?

As I was only scan reading quickly after dropping in and there was so much posted on Kirkland I thought this was sunrises mine! I will have to have a proper read up when I get time. AnywayDepending on tonnage I suppose that�s a benchmark that could be used for future production if big enough. Thanks jjfluter78 I�ll do so proper reading uptonight

I have been doing a bit more digging and found production would be around 500k tonne a year and on conservative estimations from other mines in the u.s I worked on a $30 per tonne profit. 15M a year? Seems like a hell of a return for old sunrise? It all sounds very promising to me. Granted I haven�t done much further research into financing and capex but just trying to get a feel for things here again. GL all

Hi all. I was invested here years ago and thought I would have a read up on current affairs. Pozzolan project sounds promising, I�m a stonemason myself so understand many of its benefits. Does anyone know what sort of reserves are expected from this project? Thanks

Agreed, hopefully test the 27p resistance by the end of the week. I can�t wait for this to set off and never see these levels again.

Would be nice to close above the 100 and 200 sma around 24p could spark a little rally hopefully before some good news to give us a boost.

You have it all in black and white though.. I�m not twisting anything I�m just saying if you have a date for FID in front of you we must have secured financing to go forward..

what sort of document is that on that would state such a date? Are you saying they have finance sorted and that�s the news coming our way? Not saying your right or wrong I just find it hard to accept these sort of details are floating about for joe bloggs.

https://www.offshoreenergytoday.com/rockhopper-sea-lion-field-sanction-by-2018-end/ Just going of this and the video on their homepage they seem to be confident of FID 2018

Rkh have stated they are looking to have sealion sactioned some time in the second half of 2018.. I�ll stick with that. As for everything else sounds just like pub talk.

What news is that? You can�t have just been told good news? If I private message you my email I would be interested to know what you have heard

To be fair gus has called this spot on up until now. I don�t think it will go to much higher than this until further news but think gus could be right, this report could have been requested by potential investor.

All good news for all of us in falklands oilys. Let�s get this place developed.

Almost there mate

The recent drop was purely panic selling when oil pulled back last week. Only thing is rkh hasn�t recovered in line with the price of the oil. Agreed Egypt looks to be developing well. Does it say anywhere what sort of reserves we are looking for when we drill in April?

Possible Negotiations to bring tax down and become more competitive? Sounds good to me.

The oil industry has been on its knees since 2014, I honestly don�t see what�s so personal about rkh performance it�s been the same as every other oily. We knocked 300M of the capex of sea lion and reduced G&A to about 6M a year,who knows what�s been going on behind the scenes but securing financing from multiple sources will obviously take a lot more work than just a single farm out. Like kurgan said there are thousands locked in here at a lot higher averages than current levels so on news there won�t be many shares available cheap, this will fly.

If you consider a recovery 50-75p I think this will be the range after sanction(if) and investors creep back. Will be a few years off the �2 mark I feel? But who knows. The rock is looking exciting if you ask me.