Member Info for Silverfoil13

Makes sense starting testing on Monday as Paul and Lonny should be back from their jaunt to Cowabunga by then.

Price prediction August 2011 …. Really was exciting back then … !

“” Canaccord’s Linsay Wheeler was less restrained. The analyst repeated a ‘buy’ recommendation for Rockhopper and upped her price target from 593p to 871p a share.

“Rockhopper’s resource update is very encouraging and we expect the market to react positively to the materially increased scope of the Sea Lion project,” the Canaccord analyst told clients.

Wheeler added: “Using an oil price of US$87.50/barrel alongside a 12% discount rate, we estimate Rockhopper’s NAV to be 871p/share. Our valuation hinges on our estimate of the group’s current cash position plus our estimate of the value of the Sea Lion Main Complex, using the updated mid-case recoverable resources of 325 million barrels, risked at 75% ahead of a formal Competent Person’s audit.”

While repeating a ‘buy’ and putting his 510p target under review, Westhouse Securities analyst Andrew Matharu said: “The Sea Lion Main Complex (SLMC) is, in our view, now a viable stand-alone project with additional upside still remaining.”””

Blimey .. I need 60p to breakeven! Be very very happy at £1 but I do remember £4 .. hey ho!!

With the top brass being in Trinidad this week I thought we might have got an RNS on testing in Morocco before they left!

Utterly ludicrous!

I think once the test results are released it will blow the Lidl off the price!!

Thanks everyone for your kind wishes. It would be fun if one or two of the “high risk” shares I have been a long suffering investor in ended up earning more for me in a year than any of the last 48 years of self employment did!!

£15 would mean a market cap of 10 billion. Is that feasible ??

Well that’s it .. finally retired yesterday at 14.00 after 48 years quietly slogging away .. no more spreadsheets!! Come on SAR .. looking forward to the company finally delivering on the science over next 12-18 months; as some one said at the AGM it’s all about the data, data and data!! Then we can really start to enjoy whatever time we might have left!!!

You’re bang on there Ramman my youngest son has taken too many sets off me this year and I can’t get within 100 years of my eldest son’s drives so a lot of work needed there in both sports!!!

Well that’s it .. finally retired today at 14.00 after 48 years quietly slogging away .. no more spreadsheets!! Come on PRD don’t hang about let’s see some action over the next few weeks so we can really start to enjoy whatever time we might have left!!!

Thank you Keith 😎

Thanks Mrn that makes sense!

Please excuse my ignorance or naivety here but why don’t oil and gas exploration companies do the testing at the same time as they do the drilling. Surely if they’ve got the rig above the hole to do the drilling why don’t they leave it there and do the testing while access down the hole to the oil or gas is still in place?

Did anything happen to cause that sudden rise on LSE?

BRV I’m kicking myself I didn’t get back into Rolls Royce a year ago! Could be exciting times there especially if they develop small nuclear modular units!

highlandmatt .. small world! i remember way back in 1979, when i first started producing flame ******ant fabrics, that most nursing and care homes were owned and run by social services .. not sure what happened there!!

Southern Cross was a major Care Home group that went bust in 2012 so don’t want any omens alluding to them!! I only know this trivia because I used to supply them with fabrics!!

No reason at all now why we should not get back to pre Covid price levels of £1.30 to £1.50. After 20 years here (in at 7p) I think I’ll bail out at £1.50!

1801 is in ongoing trials, a deal has been done on 737 1802 is on hold until 1801 testing has been completed. What other news is there to report? Market sentiment is often impossible to understand. I am invested in GFM who published a spectacular RNS this morning and the price moved just 3%. . Utterly bizarre!!