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arbitration news due next week 60p + bring it on
have you lost are you shorting this
what a shame
Update this Thursday from premier oil
should be the news everyone is looking for
trop
i see you are a member since dec 19 very negative sentiment from you
from what i hear from the pubs in Aberdeen then companies such as Dril quip are still working on this project and getting paid for their work FID is imminent and there is a strong possibility that the Italy dispute will be won when these decisions go ahead then this will easily be above a £1
ps why all the negative points have are you shorting this
DNO would be a good bet
Wouldn't it be great if PMO receives a takeover offer through the XMAS period and the SHorters get totally screwed
£1.30 would be a good start Woodside or ENI contenders
this will goahead the only reservation i had was ig Corbyn got in and tried to let the falklands fall under the control of Argentina however Tories need oil revenue afterall the war cost a fortune and needs to be paid for with interest
PS for information is worthwhile bringing Sealion project up in the pubs in Aberdeen and as i understand it then many companies are working on this project right now FID is imminent
Also no major shareholders have sold onwards and upwards
lets look at some facts why has the price had downward spiral
considering the volumes have been very low there has been some panic there is a lot of noise around negative vibes mainly caused by either people shorting the share or even people who have sold and lost money else where typical scottish thing ( for those who have lost lets bring the the rest down ) note if RKH was in the states it would be worth 10 times the current level on positive sentiments alone
the facts
PMO have invested a massive amount of time and money into Sealion why because the rewards are absolutely worth it initial oil 100'000 barrels a day and thats only phase 1
PMO have drafted in other companies who are investing in the project including Dril Quip who also are investing in the project along with many other scottish companies WHY because this is part of the funding arrangement terms from export finance PS i think this is one great stipulation from the government
fact Zama is up for sale in fact its probably sold by now and just the final terms to be resolved i wouldnt be surprised if the same company who is buying Zama could also partner Sealion
the information flow has been slow naturally because on this size of a project then the detail has to be spot on if any mistakes are made then heads will role
then next 8 weeks or maybe 24 hours will be the largest turning point for RKH investors who have held their own
GLA
Was in November you could be correct, I like many others are aware that this could easily go be 5 fold the current share price in the next couple of months my son has returned from the falklands and he stated they are talking about the oil companies coming to Falklands, interesting note that the UK gov is still investing heavily on armed forces over there guess we are not doing that FOC
Let me first of all assure you that the company is doing everything possible to unlock the Sea Lion development which has the potential to create huge value for shareholders.
Securing funding is the last remaining major milestone before Sea Lion can reach a final investment decision and all efforts are focused on securing such financing to allow the project to move into the execution phase. The formal loan application for the senior debt element of the financing package, which is the key remaining component, was submitted in July. We know that shareholders have waited a long time. However, if, as hoped, the application is well received, the company anticipates it could move into a phase of detailed lender due diligence and documentation before year-end.
Separately, we can also expect an outcome on the Ombrina Mare arbitration against Italy early in the new year.
I hope this email reassures you that the board is focused on doing everything it can to deliver the catalysts that it believes will drive share price appreciation and, importantly, that the company should have much greater clarity on two of the key catalysts – Sea Lion and Ombrina Mare – within the next six months.
How much do you think will be awarded to Rockhopper
The tribunal’s rejection of the so-called intra-EU objection was unanimous”, notes Dominic Afzali “and its decision was consistent with each of the known prior decisions of tribunals considering the intra-EU objection in investment arbitrations to date. The case should now proceed to a consideration of merits and damages.”
could be great shout McCoss and MCdade Joining here, they have a great network of contacts in the industry and without doubt could bring Barryroe into production with a partner
hi guys just been looking at the largest investors, Tony is not moving from his position, none of the investment companies who invested when this was much higher, none of them has reduced their holdings, i assume they are working with TOR for a solution to get their investments to make money
hopefully news of direction this month
i feel every shareholder should be emailing PVR and in particular TOR asking for the proof of payment he witnessed and for his resignation by the unprofessional conduct in this matter
Hi Guys with figures this time
I have taken this from the Vermillion site so some good news coming in the results in a few days
2018/19 2017/18
9000 810000 7335 660150
8667 780030 7167 645030
8749 787410 9381 844290
7500 675000 5900 531000
total 3052440 total 2680470
This is showing an increase in production of around 15% for last year which could equate to 50% increase in revenue
They are also completing a drill in the region which the results of might be released on the day of the results
Which could add 25% onto the following years results
I note that the share price was hovering around 60p last year when the results were issued
This is a no brainer we should see 60p and above before xmas
Also in the results I expect news of the GPA tieback being given the thumbs up
Hi Guys
I have taken this from the Vermillion site so some good news coming in the results in a few days
2018/19 2017/18
This is showing an increase in production of around 15% for last year which could equate to 50% increase in revenue
They are also completing a drill in the region which the results of might be released on the day of the results
Which could add 25% onto the following years results
I note that the share price was hovering around 60p last year when the results were issued
This is a no brainer we should see 60p and above before xmas
Also in the results I expect news of the GPA tieback being given the thumbs up
for LOGP think they know something we dont