Member Info for Rookie1

Nice rise in poo this morning!

I wonder if rkh would snap up BOR if the claim was successful, what a massive asset they are sat on at a rediculously cheap market cap. Just day dreaming here. Zzz

It would be massive mate. It�s been a rough few years here but I honestly feel we are near a tipping point. Pijoe Thanks for taking the time to reply, it�s nice to see the figures still stack up even on a reserved assessment. SL could be massive and if we can get to production we have a few low risk unexplored areas to poke holes in and expand on.

Sorry, �significantly in excess of 50%�

http://rockhopperexploration.co.uk 18minutes In, talks about 50% chance of succes on claiming the initial 40-50M costs and possible loss of earnings which could amount to �2-300M This is 100% owned and proven field with 25-40M boe.

I don�t get which part you didn�t understand of me saying there is no way to put specific value on anything yet, there�s to many unknown factors,IT IS A GAMBLE. How could anyone know how the case is progressing? This is what I mean when your asking questions saying I don�t know the answers to, you don�t know the answers to them! I never claimed to know any of it, you asked what value I put on sea lion so I merely put together a few basic numbers with the current cost per barrel to estimate what rkh could return if it goes into production, which again is out of our hands IT IS A GAMBLE. What is your evaluation of rock and netback per barrel is?

What value would you put on rkh assets as it stands? Curious to know how others view an evaluation

You keep going on about netback? There are all sorts of factors undisclosed that havnt been clarified, financing, transportation,royalty’s so no there is not exact figure. It’s an estimate. I had a look on your profile earlier, 4 company’s came up, all of which you sit and argue with people on bbs your not invested in. Now I have no doubt your a wealthy man and very business savvy probably 50-60 years old with experience. I’m 26 and doing ok for myself with a bit of spare cash to invest and I’m learning bits along the way. If you would like to talk me through your evaluation on rkh please do, you sound like a lonely old man who needs someone to talk to and If it’s about rkh I’m Genuinely interested.

Not a complete free carry but 750 M towards first oil so if the extra funds are raised that is what I think it will achieve.

maybe the clue is in the name pal? Never claimed to be an oil guru, actually a stone mason who has money invested here, so please do remind me off when I have bluffed anything? You are the one who came on here comparing Exillon to rkh saying it was a better investment and now have decided it isnt a good investment. As for E/V if you were to value oil in the ground at $1 a barrel with no debt and free carry to first oil I would say 500M. So my target price for rkh is �1 a share. (If sanctioned) and yes it is a gamble. Nothing on aim isn�t so get off your high horse thinking you know every outcome.

Yes, sorry to everyone else who has to read through all these pointless posts I do apologise.

Mate I�m not even going to read that *******s. I have better things to do than research a company I have no interest in. You however, obviously have that time to spare. Good luck with everything.

Please do talk me through the positives of Exillon and their 25% decrease in oil production and how you value their fields and what the rate of decline will be over the coming years. What will next years profits be please?

And yes it hinges on pmo to sanction this, everyone knows that. But I think it will and I think this will be multibagger from these levels if it does.

Today 16:4680,000 bopd 40% to rock 32000bopd to rock $20 a barrel profit(so relating to historic prices? Afraid not) x 32000 x365 = 233,600,000 per year - 70M taxes (overdone) 163 M per year So phase one sea lion is worth &163M a year ,20 year lifespan so &3.2 Billion after taxes. This is sea lion alone on the minimum 500M assumption, forgetting all other finds. No one knows what net profit will be on a company at this stage in development, so why ask rediculous questions. It about trying to take an educated guess at current revenue to be able to make our cash stretch until pmo sort themselves out. How pathetic are you expecting an exact figure it actaully laughable. We are all expecting a loss, but trying to keep our loss to a minimum is all we are hoping for for the time being. And the court case: rkh say on their website they have been advised to persue a claim with favourable chances of being successful,hence why it was taken on in a no win no fee bases. Initially this was for 50M but potential for loss of earnings of 2-300M. Forget that, I dont know why your even harping on about that.

No idea what the ��� is

80,000 bopd 40% to rock 32000bopd to rock $20 a barrel profit(so relating to historic prices? Afraid not) x 32000 x365 = �233,600,000 per year - 70M taxes (overdone) 163 M per year So phase one sea lion is worth �163M a year ,20 year lifespan so �3.2 Billion after taxes. This is sea lion alone on the minimum 500M assumption, forgetting all other finds. No one knows what net profit will be on a company at this stage in development, so why ask rediculous questions. It�s about trying to take an educated guess at current revenue to be able to make our cash stretch until pmo sort themselves out. How pathetic are you expecting an exact figure it�s actaully laughable. We are all expecting a loss, but trying to keep our loss�s to a minimum is all we are hoping for for the time being. And the court case: rkh say on their website they have been advised to persue a claim with favourable chances of being successful,hence why it was taken on in a no win no fee bases. Initially this was for 50M but potential for loss of earnings of �2-300M. Forget that, I don�t know why your even harping on about that.

I answered your questions? Reserves = minimum of 500 M (sea lion) Minimum 250 M Isobel Profit= nil after all expenses are taken into account. (As stated, no one is expecting profit,in fact a loss for 2017) As I have said, which you seem to be struggling to understand, we all know the risks here and know nothing is gaurenteed, that�s why the sp is where it is. And the court case situation is a a potential bonus of 50 M plus. No expenses apply,purely a possible bonus. Now go away

Well sea lion has been appraised,the oil is there. 10 out of 12 wells all encountered oil? Have you ever heard of a succes rate like that before? Net profit is possibly nil for 2017-18? Why are you expecting profit, no one else is. We are expecting to cover cost while we carry forward to first oil. And why are you expecting security on an tiny small oily on aim? Think your doing it wrong mate, we are all here accepting the �what ifs� knowing the risk reward adds up. Your expecting safe investment on aim hahaha. Wish I had enough spare time to go around bbs I have no interest in, absolutely moron mate.

In fact the more I�ve refreshed on current operations the more I want to top up.lol