Member Info for SpaceHoppa

NM

Hi LassondeCurve, it depends on your personal circumstances of course and there is no 100% right or wrong I feel, however selling in one big lump doesn't get you the best price, but does secure your sale. I prefer to drip feed selling strategy when the time comes. But with Rock that time might not come for a decade or two. They have 35% of a very tasty looking basin and a Sea Lion key to unlock it all. There might never be a good time to sell Rockhopper but perhaps after the rise to first oil, or a month after FID???

Certainly not now though!!!

Very true Rot1, made that mistake before. I now don't touch screen and just let the timer count down 😁

Can sell 500k with H-L. Quoted 48.42 for that size

⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️

There is a reason for this heading.

Don't sell cheap. Demand is there.

Indeed Ralph, it is a logical assumptions that Nav go for FID in H2, given what we know atm. Rocks SP looks highly likely to be significantly higher than we are now, however I don't know how much of the current price is already pricing in a FID. I wasn't expecting the SP to be high 40's prior to OM and FID.

It has been said before and worth repeating, FID makes Rocks asset hugely more valuable, and perhaps more so that an established oil producing region, so selling now doesn't make logical sense even if you have to experience the odd few pence pull back.

Topdrive, I probably wont be able to keep all of my shares until first oil, but until FID, definitely.

A FID before Shenandoah comes on stream in June is not going to happen, Nav said as much a few days ago. July is possible however expect perhaps August.

Great to see Rock knocking on 50p and well done NastyNick for calling that from early Feb !! I wasn't expecting this level until Q4 2025, which shows how lucky I was to be closest for EOY 2024. I'll still have that drink of you LTT, but will buy one in return of course. I hope I am wrong but 50p might take a few attempts to be permanently breached, unless we have some supporting news like OM.

With that view in mind and with a family investment now of 540,000 shares/£250k+ we discussed top slicing 40k/£19k , but quickly decided against it. In a few weeks or months and after FID, it is highly likley Rock will be 60 to 70p, perhaps more. Selling at 50p make no sense if you believe OM will deliver $60m to Rocks balance sheet and that FID will happen. Best strategy I feel is to keep those shares held tight and run your winners. Lots of buyers are out there and they offered to take my 500,000 in one trade earlier so......

Don't sell cheap !!

Lovely journey since December, we've gone much higher than I though we would without an OM or FID but it show's how good this opportunity looks. I didn't think we would get above 40p much without OM or FID but here we are, eying 50p. Looking at the charts from 2014, for those who never look at them, it's worth doing as you can see the SP dropped from 60's to mid 20' without much stopping other than around 43/44p

This is why some posters see a clear path to 60's now, and why any unnecessary selling between current levels and high 50's, perhaps isn't such a smart move. Sell if you must, but I guess those who thought selling at 20p, 30p and 40p thought it was a good move, it wasn't. Selling now before OM news, FID and all the news flow that goes with FID isn't likely to leave a smile on your face.

If you've not looked at charts before, here's the link, open it out to 2014 and check it out.

https://www.lse.co.uk/ShareChart.html?sharechart=RKH&share=Rockhopper

Hi Auson, waiting until FID to be announced, as it surely will be at some point, is a better move, but happily some people are now sitting on a very healthy profit, and are probably quite over weight in Rock, so I understand why people are thinking of a limited top slice.

Hi Whackford, sorry I didnt answer, been working and missing all the action🤷‍♂️ Looks like you found it ok.

Nice swift move through 45p earlier. I understand talk of selling at 50p, its a nice round number, however there is little resistance until 60p ish, so waiting around until then would be a better move if you have the patience, and balls😊

Early doors, but looks like 45 is going to be breached today🤞

In theory there could be an SP increase as new money becomes available in ISA accounts.

It is obviously not the case in every year, however it has been the last 2 years.

12.75p 5th April -13.9p 10th April

10.1p 5th April - 11.3p 11 April

I feel the very recent trading range seems to be confined by probably weakish support/resistance levels of 43p and 45p. Today will be interesting to see which if either gets broken. I'd think and hope resistance at 43p is more established than 45p so can see that being breached easier than 43p.

Could be either Israeli or FIG regulator Buffit, but I would have thought they would liase with both to ensure it was acceptable.

LTT, we could always end up blue today as well 🤞 Back to 44.5p bid atm🐧🐧🐧

Put English subtitles on.

1. Sea Lion now 62% of reserves, tremendous economic value invested in Sea Lion, exploration on top of that

2. Shenny oil in June

3. Sea Lion is also getting closer to another vertical line, which is FID----as soon as we touched it it was clear of the significant value creation here

4. Completed all the tenders of the project and signed with some suppliers.

5. Greater certainty of costs

6. On track for FID progressing well, thing that could delay is financing with the regulator.

https://www.navitaspet.com/investor-relation/

PS Back to 44p SUPPORT line 😁

English version. Looks like they had spent $51m to EoY 2024, obviously higher than that now and not the kind of money you spend if you didn't fully intend to go to FID ! Rocks portion is $18m but that is paid back from oil revenue.

Reiterates tax allowance

''The acquired company, NPDP, has past investments in the Oil Asset for tax purposes

in the total amount of approx. USD 700 million, that can be utilized in the future

against a taxable income from the Oil Asset.''

https://www.navitaspet.com/resource-tax/financial-reports/

Well so far 44p is still holding as I can sell £10,000 just above that level. Volume is way down at just over a 1m so far, where as we had over 11m on Monday and 5m yesterday. A pause before the next significant move??

Over 6 months now since each Party files a submission on costs and 9 months since the hearing 🥱Zzzzz

Aaargh it's too early and the wife is driving which is distracting !

Think the heading needs changing or it'll be a self fulfilling prophecy 😖

Its natural there will be sellers after a good rise, but the likely newsflow looks too good to be selling at this level and a consolidation day or 2 is healthy.

Hi Pauldrayton, I think we see could see human nature resistance around the 50 and 60pence levels assuming we move on from mid 40's. I do see more historical resistance in a similar area to you, but more lower 60's, than 68p.

Of course any significant news can blast through support or resistance levels. Thankfully it's highly likely we'll be awash with positive news in the coming months.

Oops Ralph, wrong article. 🤪

https://en.mercopress.com/2025/03/26/falklands-sea-lion-oil-development-fid-expected-by-midyear-rockhopper-reports?utm_source=feed&utm_medium=rss&utm_content=main&utm_campaign=rss&ct=t(RSS_EMAIL_CAMPAIGN)