Member Info for whackford

Thanks Headder for going to trouble of doing translation. . And to Mogger for finding the report.

Since Navitas has a base in Houston and possibly some USA investors I'm surprised that they do not produce an English version..

Mogger - I can see a section on Shenandoah but nothing on Sea Lion.

Maybe Sam will give an update based on what has been most recently disclosed by Navitas.

Thanks Boboil, much appreciated.

What does it say Mogger, please? I'm not in LinkedIn.

Paul, I agree that RKH are likely to sell the award at some point.

Providing Navitas make the progress expected, we should get FID next year. If we do get a bit "short" (of cash) before then I would expect the 8% loan (or a new bank loan) to cover this fairly small sum. I cannot see the need for another equity raise unless there's a protracted delay.

By the way, although Sam is much vilified by some, he seems to me to be doing a sterling job all things considered.

Paul, Thanks for that.

I can understand Sam being vague on (3), but I am surprised that there might be any need to raise further funds (especially equity) when there is the option of selling the potential award. In any case I had supposed that the 8% loan rendered further fundraising unnecessary and it was there for that very reason.

Arg should have done a deal with RKH.

Now 4 months since RNS announcing sale of FI interest. Why no update?

Thanks Norseman. Oder of events now understood.

Thanks Thenorseman. Are you saying they will need to make a contract for the FPSO before FID? I would have thought it was the other way round - but I know little of these matters.

Thanks to you both Paul and Buzz. I could not make much of it but clearly Sea Lion a prominent feature.

I presume Sam's RNS discloses the key features of the presentation.

Anybody got links to this - I cannot get to it?

"The periodic report and a presentation that will accompany the investor call will be published by the partnership on the Securities Authority's distribution website at www.magna.isa.gov.il and on the website of the Tel Aviv Stock Exchange Ltd. at www.tase.co.il.
As of March 27, 2023, it will be possible to find a recording of the investor call on the Investor Relations page of the partnership's website,"

Following paragraph posted last Monday. Will we here more today?

"The partnership is honored to announce that the expected date for the publication of the periodic report for 2022, including the financial statements for December 31, 2022 (hereinafter: "the periodic report") is March 23, 2023, subject to the approval of the board of directors of the general partner of the partnership."

Now over 3 months. RNS released re. sale of FI interests dated 15 December.

Thanks p777

Do we have a firm date p777, please?

Yes. My mistype.

RNS released 15 Dec. 2022. New further news from Argos Resources. Why?

Argentina's in a terrible mess. According to Daily Telegraph current inflation rate around 95% p.a.

Yes buffit I did. Sincere apologies for my error. I should have said,
If the proposed deal goes through ARG shareholders will get:
1.63% of Canje block
9.3% of their current NFB interest
Consideration shares that they cannot sell in a small Canadian private company.
Surely there must be a better option!