Member Info for Tuggy

I have not done the maths recently but when this deal was struck , I was informed that my shareholding would give me a very desirable pension for 15 to 20 years, with POO being above the 70 range . To give exact figures would be difficult but the the added advantage is obvious rise in share price before production starts but more importantly the opertion is fully funded so no DILUTION . SeaLion sanctioned will make this a very bet and stir Noble into action. The royalty only comes into play on production , but imagine the scramble for a return when it becomes reality.

I have not done the maths recently but when this deal was struck , I was informed that my shareholding would give me a very desirable pension for 15 to 20 years, with POO being above the 70 range . To give exact figures would be difficult but the the added advantage is obvious rise in share price before production starts but more importantly the opertion is fully funded so no DILUTION . SeaLion sanctioned will make this a very bet and stir Noble into action. The royalty only comes into play on production , but imagine the scramble for a return when it becomes reality.

PMO and RKH both gaining large buys, Argos down in the Falklands last week !!!!

Just shows, doesn't it

I think there is a constant manipulating of buys and sells the MM will have to upgrade the Falkland s companies soon just on the strength of POO and the reality PMO and RKH and of course Noble will activate FPSO and a drilling campaign soon. The market will be caught with their pants down yet again !!!

73 70 as we speak.

POO at 72.12 as we speak , should be another catalyst for Noble to activate a drilling programme, and as Wraith rightly points out this share will not be diluted in future due to the structure of the deal struck in 2015. In a couple of months I truly believe this share and RKH will be certainly double their current value, a lot of behind the scenes taking place !!!

2010 the share reached at its height 64 p after the float in July 2010,, I luckily sold a third of my holding for a considerable profit. However I knew it was a long term play and happy to wait a couple more years for things to come to fruition.

PoO price now over 71 , while now activate all FIG to pull there finger out .

Just touched 70.01 , as we speak.

Share price slowly gaining momentum

Many people on Rockhopper boards have incinerated Noble have no money and huge debts , many will have to eat their words when things start happening due to the latest developments with Edison. They are not going to leave such a huge potential in the ground having given up on the SFb and bought into Argos instead.

This could prove to be quite a pivotal stage of the Argos territory, as they own twenty five per cent of licence with Noble seventy five. American companies normally share exploration with another US company to spread both cost and risk.This might be the time when such a tie up might be forced on them now Edison are diverting from this type of business , a new partner wishing to explore a licence owned 100 per cent will see this as a perfect fit, and take up the slack left by a company more aligned to Liquid gas than oil. They have to get a move on as they are paying Argos a lot of money for nothing at the moment.

Interesting Falklandinvestor, could allow an entry of another US company to come in and joint venture drilling Rhea and the three other targets. Things have been very quiet but that does not mean nothing is happening. Argos are very discreet and will not allow any news to leak until the deal is done. Exciting times and POO holding up !!!.

Posted by Mathew Dilallo senior energy specialist on Feb 20 quote Company said it would spend about 2.8 billion in capital to developits oil and gas properties per year through 2020 .

POO 70.45 as we speak !!!!!!

2014 POO 85 dollars 2015 41 dollars. the price has to be above 55 dollars for at least six months for them to come back and drill , it has been above that price since October. Noble have allocated 2.8'billion towards new exploration, they are not going to give up 100 per cent interest of potential Sea lion proportions costing them next to nothing anytime soon. The plain fact that we have a steady price will help them bring in another Yank partner alongside ENI 25 per cent partner LNG experts , remember Johnson is owned by both Argos and Rockhopper.

I have to say I agree Durrant come over for time extremely positive re Sea Lion

Just watched a very,upbeat interview re Sea Lion , and the end conclusion are that all the Contractors and due diligence etc are in place and they hope to have lending package put together by the end of the year, whether they stage their announcements , Durrant expects total commitment to commence the project beginning to mid 2019.

Having read all the report as always their is no sugar coating from the Chairman, as to how things are progressing in getting Noble to activate drilling Rhea. We always knew they would wait for POO to steady and not plot a series of exploration on a fluctuating market hence why I think they are looking closely at Sea Lion sanctioning before going alone , and carry all the extra ancillary costs involved. The next six months is going to be the most crucial since 2010. I am quietly optimistic , Argos work in a very low key way, when they have struck a deal , it will come out of the blue not chinese whispers .