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Share Name Share Symbol Market Type Share ISIN Share Description
Rockhopper Exploration LSE:RKH London Ordinary Share GB00B0FVQX23 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.575p +2.56% 23.00p 23.20p 23.40p 23.60p 22.50p 22.55p 1,826,120 16:35:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 7.7 -6.6 -1.0 - 105.22

Rockhopper Exploration Share Discussion Threads

Showing 52451 to 52474 of 52475 messages
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DateSubjectAuthorDiscuss
19/1/2019
10:34
I3E - it’s share count in 1/10th that of RKH and its market cap is only 25M. Needs only $130 to develop and has non of the other risks associated with the Falklands such as political risk. Does not have as much oil but it has enough with upside potential suject to additional drilling / surveys.
tonynorstrom1
19/1/2019
10:14
I said "on a risk/reward basis, Rockhopper is the best aim junior oil play for 2019.If anyone knows of any other like for like (300mln barrels/no debt/current production covering costs/$750million free carry/potential future production of up to 60,000bopd /£105million mkt cp) junior oil play then Please show me ? News on the project finance may come as soon as February according to TD and although work is 'progressing well',procuring £1.5 Billion from a variety of different financiers is a complex project in itself for a mid sized company like Premier - so I wouldn't be surprised if it took longer than anticipated. I shall continue accumulating at these attractive prices and fully expect a strong surge north when the finance package for SL is announced.
schachmeister
19/1/2019
03:26
GOM- I have to agree with you. By the way - do they still have their warm jumpers. As for being “ make no mistake RKH is the best risk / reward Oiler”. As a RKH shareholder I am hopeful, but this simply cannot be true otherwise RKP would have been sanctioned already.
tonynorstrom1
18/1/2019
22:22
schachmeister Tiny Rowland (I think) had a saying: sue a beggar and catch a louse. Italy is NOT a beggar but an advanced society of great depth, they have everything. What I mean is that Italy has a renewed confidence and identity which empowers them to be extremely defiant and non-compliant. I don’t blame them! They have experienced the full onslaught of the effects of ‘bien-pensant’ EU Socialism. Schach I would though be very wary of no brainer type reasoning. About eight years ago I went to an investors meeting re GKP and other outfits in Manchester. Met a couple in very warm jumpers who informed me that they buying GKP only: when Baghdad passed their oil and gas law the company would be bought out by a supermajor. They also lived in a small Derbyshire village.
gunsofmarscapone
18/1/2019
20:35
Lets hope there's not a lengthy appeal process. Yes, no win, no fee. Hoping for the best
cyan
18/1/2019
19:43
Of course, we are not invested here for the compensation payment but it could be a nice little bonus.The case has been taken on a 'No Win' 'No Fee'agreement, so the law company must be all but certain they are going win the case otherwise they stand to lose millions in costs and I do not percieve these specialist law companies to be foolish enough to take such risk if there is even a small chance of losing. I do not concur that they will ignore the courts decision and refuse payment, if that was a possiblity,then the law firm (who know the business practises much better than us) would simply not take the case on a No Win No Fee. The only question is how much compensation will Rockhopper receive ?
schachmeister
18/1/2019
18:21
"Shareholders can also expect a bonus around June when the 'not insignificant' $100/150 million compensation from the Italian government is awarded." Ummm. not so sure its certain. I have discounted the court case entirely; its a lottery ticket to me; if it wins great otherwise... Winning the case and getting the cash are two different things. I remember an international court fining Russia multiple billions; did they pay...no.
cyan
18/1/2019
18:16
On a risk/reward basis,Rockhopper is the best aim junior oil play for 2019. Make no mistake,it's happening and barring another oil price crash SL will be sanctioned this year as targeted by both Rockhopper & operator Premier Oil.Premier have around 60 people currently working on the SL project and good progress is being made but it will understanbly take some time to secure the £1.5billion required to light the Rock's fuse. Just to recap...SL has 500mb(200mb phase1/300mb phase2) which will peak around 140,000bopd, Rockhopper have 40% on phase 1 & 40%to64% on phase 2. B/E is $45 which would return around 35% profit on todays oil price. Rockhopper have a $750 million free carry and a current market value of £105million. At 23p, This is an absolute 'No Brainer' and the smart money (including mine) will be buying now. Shareholders can also expect a bonus around June when the 'not insignificant' $100/150 million compensation from the Italian government is awarded.
schachmeister
18/1/2019
16:07
China obviously P/E ratios do not work so well with companies who have finite assets. DCF is more accurate. I do think you are being extremely conservative though with your share price estimate. Plenty of risk here but I’m beginning to feel the wind of change blowing. The problem is not so much if financing is available but the complexity of it. That is imo, what is driving the delay. Feeling a lot more optimistic, BOR as well!
gunsofmarscapone
18/1/2019
15:15
We have to remember that the financing has not been completed. RKH has hundreds of millions in carry from PMO and vendors will be chipping in to. Likely other finance charges will impact. Need to carefully look at the final package before we can be sure of how much revenue will head into RKH coffers.
cyan
18/1/2019
14:59
As a guess the produced 33,000 barrels a day at say $30 a barrel profit is more than 50p per share per year. Multiply that by say 5 and you would get to £2.50 per share in production.
chinahere
18/1/2019
12:55
100p is a low ball number for when Oil is flowing. I think it was after announcing the pathfinder bank the shares shot up to 45p. I have seen risk adjusted valuations that ascribe a value of nearly £1 at Project sanction. Current value indicates severe doubt as whether FiD will be made this year. If and when the oil starts flowing share price could be well over £2 or more depending on the financing / share dilution / proved reserves etc at the time.
tonynorstrom1
18/1/2019
12:23
Thanks guys.
imperial3
18/1/2019
12:18
Environmental Impact statement referred to earlier indicated first oil would be around 42 months post FID... So if FID is mid this year, FO would be early 2023 or thereabouts.... but the share price will be well north of 100p IMHO.
steve73
18/1/2019
12:07
We must remain realistic . It will be about 3 years before the oil flows. however, if you are up for the risk that SEALION MAY not achieve FID, and can wait that long; I see potentially 100p plus. In the past Malcy offered his opinion that SEALION is worth 100p to RKH.
cyan
18/1/2019
12:02
Once the oil starts flowing from Sea Lion,I just wonder what the share price forecast will be.Anyone prepared to hazard a guess?
imperial3
18/1/2019
11:48
Perchance 'tis verily ye time to get back in hither. Forsooth, at the current bidding the only way is up thither methinks. Yet prithee DYOR, fare thee well.
from bard to verse
18/1/2019
10:06
Morning Cyan, thanks very much. Great info in that presentation and shows the potential here.
gaffer73
18/1/2019
09:30
Good morning gaffer73 Have a look at this presentation; hTTps://rockhopperexploration.co.uk/wp-content/uploads/2018/09/Investor-Pres-18-Sept-2018.pdf
cyan
18/1/2019
08:42
Cheers Steve, so potentially 60kbbls net to RKH. That's one a hell of an income.
gaffer73
18/1/2019
08:35
IIRC PMO have 60% - I think. And that's for phase 1, phase 2 might be different.... certainly other fields in the area ARE different WI's. edit.... PL032 & 033 are 40% RKH, PL004 is 64% RKH. (from the Environmental Impact Report of Jan-2018), although it's not clear where Ph1 & Ph2 will be extracting from
steve73
18/1/2019
08:17
How much of that goes to RKH?
gaffer73
17/1/2019
02:44
See slide 13 of yesterday's PMO investor presentation.... htTp://www.premier-oil.com/sites/default/files/presentation/190116-investor-presentation-january.pdf Expected peak production with Phase 2 of almost 140kboepd....
steve73
15/1/2019
22:45
Schachmeister (Is that Wagner ha ha), what is the best way for a numpty PI to gain a basic understanding of such tax regulations.
gunsofmarscapone
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