The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Our dear beloved Queen is dead . Long live the King
For a bit of light relief , take a look at :- "vimeo.com/11305587 " , originated by " wickedsick " in 2010 .
How about Dave Bodecott or even Nigel Farage ??
This drilling campaign took place in 2015 , when it was a complete ****-up ,due to the very wrong selection of Rig .The campaign cost Rockhopper upwards of £100m . Premier Oil were the Operator and key decision-makers , and subsequently the successors were Harbor . Therefore , as Operators , should it not now be possible to claim back-costs for this period . This should be the basis of litigation against Harbor ?
Exactly what I have been saying for yonks - buy as many back as possible before the greedy bod's get their hands on them !!
I haven't a clue what I'm talking about but IMHO it is just possible that RKH and FIG have a long term agreement that precludes any takeover or sell-out which includes any or all of the RKH FI assets without FIG's express approval and that that approval could include compensation for all of the RKH shareholders ; I recall that there are quite a number of shareholders who reside in the FI's . Therefore , I believe that the current Reverse Takeover of PMO , if successful , would very likely see Navitas get their marching orders and that the % of the licences would then revert to 60% - 40% .
Anyone seen any Swallows - like 150 million of them ????
Shareguard ,
Yes , But why would a Broker buy 20 shares for £1.20 as one did today at 13.59 hrs. ??
Maybe something to do with Borders & Southern just getting their licences extended until 2022 . I picked this up on Mercopress .
Talking about Breach of Contract , the RKH bod , if they had got any sense , could have sued PMO for Breach of Contract due to an implied condition of Exceeding Passage of Time .
Well said , Surfit . IMO it was pure bl00dy arrogance and contempt of the Shareholders that Moody did not publish the voting figures of the AGM . He has played the whole shooting match disgracefully ever since he contracted the Farm Out to PMO and also did not see fit to have any Time Penalty clause inserted in the event of Non-Performance . Did he write the contract himself ? Any legal person employed would certainly have included time-penalties !!
Trouble with these comments are that if Churchill's ," The Darkest Hour " had lasted this long , we would all have been under Hitler's Jackboots long before now . It has taken over 10 years for this so-called dawn to arrive which must be getting on for the length of the Winter experienced when the last Asteroid struck the Earth .
Yes , thanks Mogger . Looks as if we are on a knife edge as things stand - but it would make a helluva difference if FIG decided on reducing their take on Tax/Royalties , as I suggested back in 2019 .
In that case it would be win win for everyone ; FIG because they will still get a huge income stream and for RKH , PMO and whoever joins us .
It just needs common-sense all round .
Godders ,
Answer = we have nowt !!
Have you heard the one about " Just waiting for the Swallows to arrive " Lol ? Well , the swallows arrived on these shores months ago , in fact it won't be that long before they depart again !!
Have you heard the one of " FID and sanction before the end of 2019 " and this was BEFORE the onset of Covid 19 . Perhaps it should have read " FID and sanction before end of "2029 "
GL to all LTH's ; I think we will need it .
Thanks for update , Surfit . He must have been getting a helluva lot of flack to publish after all this time .
Just received a note from my Brokers . They can't obtain the voting breakdown unless they get published by the useless Bods . In my opinion , the Bod have done this on purpose to avoid loss of face ( which will have backfired on them anyway ) due to the votes being so close to a turnover . Then again , how do we know that the whole shebang has not been fiddled . What a shower of sh-t !!
PMO have today issued their RNS for their recent AGM . Lo and behold , ALL of the resolutions and ALL of the voting are included in the RNS !!! Tells you everything about our useless bod s and the fact that they didn't state any figures at all ???
GL all ( I think we will need it )
Hi Surfit ,
No good ,so far . My broker came back to me but only stated the same as the bod did from the AGM . So I phoned them up and told them that I want a break down of all the figures of all the resolutions . I only did this on Fri. , so will have to wait a bit longer.
In the meantime , I have been trying to find who the Regulator of the AIM Market is to get in touch with them ? Have also considered getting in touch with the London Stock Exchange itself ??
Anyone got any other ideas ?
GL all LTH's
Have just sent a private message to HL asking them to obtain and let me know the AGM voting figures . If they reply , I will put them on here .