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https://www.bluewater.com/floating-production/fpso-fleet/
as LTT has pointed out, some info on there
Calls people idiots on here and forgets which account he is logged in as.
Im hanging in here for the Russian 20 mill. I wonder if it will be paid in Roubles?
Unstable country? Yes but extremely well connected to transporting that oil to market
Falklands as far from high oil consuming countries you could get, They would also have a high risk of Argentina attacking or at the very least creating as many logistical problems as problem for the FPSO
2021 Average Brent oil price ($/bbl): 71
Production (bopd, working interest) 31,710
Revenue: 334.9 million
-Wow I thought genel production was lower.
-RKH would be getting around 17,500 barrels a day with 35% share of FPSO getting 50,000 total barrels a day
-Remember RKH operating costs much higher than Genel also (Nearly 20x as much)
-This means RKH revenue would be around $100 million revenue with $70 brent or $250 million with $100 brent
If Brent is $100 and the loan is $500 million: 2 years to pay off
$750 million loan: 3 years to pay off
$1 billion: 4 years to pay off
If brent is $70 average (Could very well happen who knows)
$500 million: 5 years to pay off
$750 million loan: 7.5 years to pay off
$1 billion: 10 years to pay off
I would sell out of this share as soon as possible and just cut your losses. Nothing good will come of this share. This company will be diluted many many times over
Genel Energy is a good comparison with similar production levels if RKH ever get there….
Extremely low operating costs vs RKH $2 vs $35-45?
Derisked (Already drilling producing oil etc)
No debt vs 500-900 million pound loan rkh will have to borrow
The market values Genel currently at 500 mill with $107 Brent
RKH just 40 million
Operating costs are much higher and RKH will have to pay back a huge loan over 3 year….so let’s on first oil the market value RKH at 150 million (being generous)
Why wait 7 years just to get to roughly circa 20p again
I’m not even in rkh , you seriously have to have mental issues to invest here
So, why are you wasting your time posting on here?
Are you waiting for the 20 million from Russia will do to the SP?
Or you here to save all us idiots?
this in there as well.
it could take 3 years to pay off the loan..........which would mean it would take 5-7 years at least before RKH start making some serious $$. Who has the patience to wait 5-7 years?
this post?
its in your history.
RKH will retain a 35% of SL
For cash, short Rockhopper Navitas will provide a loan, with a first instalment pre-FID and later will extend additional financial support to help cover two-thirds of the company's share of development costs. The pre-FID interest will be 8%, and with a positive FID, the loan will be interest-free, and funds repaid from 85% of Rockhopper's working interest share of free cash flow.
RKH will have pay 85% of Free cash flow to pay back the loan (Could take years to pay back)
If RKH and NAvitas choose a low cost option we'd be looking at 40-60k barrels a day from Falkland in the 1st phase....That means roughly RKH would (17,500 barrels x $60 , $40 operating costs - assuming $100 bbl oil and no less) so RKH get $1 million a day or $365 million years, discounting any potential problems......
but RKH lose 85% of that freecashflow?
So Rkh are left with about ($356,000,000/100 * 15) = Around $50 million per year profit..........What the hell can RKH do with $50 million per year, can't grow or anything just pay for sam moodys salary, please tell me my calculator are way off the mark here.
THis is all assuming $100 bbl oil, if its $70 bbl oil, RKH will get like $25 million a year profit, not even enough to keep the lights on
Yes Lactics, free society, and as such i can say i hope he has sold up and moved on.
If it wasnt him and his millions of shares, and seeing the SP hasnt tanked as he spouts is his fear of selling so many, then he can now sell up and move along. :-)
My first shares in rock were paper shares, on certs. Long time ago them.
My validity? Dont care who thinks what of me, dont care who buys, sells, says they buy or sell.
On here for info, i have facebook for chattting chit :-)
And here i am chatting chit on here...
RKH share price, according to Yahoo finance.
Hope that info helps.
03 Oct 2010 467.75 467.75 421.00 432.00 432.00 7,491,710
26 Sept 2010 510.00 510.00 440.00 460.00 460.00 11,777,465
19 Sept 2010 466.75 549.44 422.00 510.00 510.00 29,870,791
12 Sept 2010 328.50 420.00 320.25 420.00 420.00 17,483,841
Yawn.
moan that hes clogging up the BB, then people reply.
Who cares what the hell he does, says he does, what trades he does, where his money comes from, or not....or anyone else for that matter.
Why the fascination?
Say he has no life outside this BB and jump on every time he posts!
I think you have some stalkers Garbled.
Good luck all, but stop the petty bickering eh?