Rockhopper Exploration Share Discussion Threads

[trop2] 29/6/2022 15:34

Francisco gonzo? Any relation? Lol

[gozzie2] 29/6/2022 15:26

Whose Frank??? LolhTTps://www.gbnews.uk/news/boris-johnson-opens-up-on-frank-falklands-talk-with-argentinas-president/327017

[trop2] 29/6/2022 15:22

Er G7? Telling alberto fernandez.. argie hands off F.I? Lol

[gozzie2] 29/6/2022 15:13

A huge part of why the falklands have never been developed has been Argentina that daily contest them.The presentation told us that navitas have no worries on that score.That's a huge plus .Billions to the UK economy also.Wheres Johnson???

[trop2] 29/6/2022 14:54

Needa megaphone? Lol nutter

[trop2] 29/6/2022 14:52

Vacancies: community police officers dixon of divk green lol

[gozzie2] 29/6/2022 14:49

Cutting down on free speech.??And there's me thinking this was a tory govt lol.

[trop2] 29/6/2022 14:47

Be carefull yourself pc gonzo, mind how you go lol

[gozzie2] 29/6/2022 14:45

I'd be careful describing people as n#tters lol.Can't the law apply to this board ??

[gaffer73] 29/6/2022 14:44

Award amount contest:

GOZZIE2 - 51m
gaffer73 - 50m
bigred10 - 30m
trop2 - 10mE
brazilnut1 - -25m

[trop2] 29/6/2022 14:40

Speakers corner: just dont believe it,! Nutta had his megaphone confiscated by the fuzz lol mind how you go dopplegangas lol

[taxibabe] 29/6/2022 14:36

Well I am not taking up my palty allocation and why would one? Price lower then rights issue price

[gozzie2] 29/6/2022 14:14

Would we know when or iff the BOD exercise the warrants. It would be good to follow their timing .

[buffit1] 29/6/2022 13:49

I've re-read the placing RNS :
" Each Warrant gives the holder the right to subscribe for one new Ordinary Share at a price of 9 pence per Ordinary Share (the "Strike Price") at any time from the issue of the Warrants up to (and including) 5.00 p.m. on 31 December 2023 (the "Warrant Exercise Period". Sorry - I was stalking molluscs !

[arlington chetwynd talbott] 29/6/2022 13:36

Interesting discussion of the value of something that you are essentially being given free!Whatever develops among the partners during the relatively short lifetime of the warrants, they are a great risk management tool for the OM decision. This is why I have now applied for a decent chunk of units over and above my entitlement.If you have 100% ordinaries, that gives you full OM exposure - upside and downside. Adding warrants to the mix is pretty much adding upside only. You could even ditch the corresponding number of ordinaries.Simples. Yes it is.

[gozzie2] 29/6/2022 12:47

There could be a huge difference in the shareprice from say Dec 2023 ,the warrants expire and then the FID decision is made Jan 2024 .The BOD hold a lot of warrants and stand to make more money from an early decision. Just an observation.

[bigred10] 29/6/2022 12:10

30 million from ombré mare arbitration.

[gozzie2] 29/6/2022 11:35

I have a feeling it has to be a legal thing, why these warrants expire in 2023 when expecting FID in 2024.They could have set them for longer.This is quite a short period .A stock warrant can cover any number of shares and often will have expiration dates far longer than stock options. Expiration dates of five, 10 or even 15 years are not uncommon for warrants.28 Feb 2022

[gaffer73] 29/6/2022 11:16

Award amount contest:

gaffer73 - 50m
GOZZIE2 - 51m
trop2 - 10mE
brazilnut1 - -25mE

Copy and add your guess if you want to join in.

[gaffer73] 29/6/2022 11:13

I hope this is well past 9p by 2024. I'm expecting it to be 15p before Christmas!

[gozzie2] 29/6/2022 11:08

Of course FID can still happen in 2023.It's just in the presentation they are expecting 2024.

[gozzie2] 29/6/2022 11:07

I'm pretty certain there isn't, unless anyone knows differently .

[buffit1] 29/6/2022 11:00

As a follow-up, is there an overall time limit on cashing the warrants ?

[gozzie2] 29/6/2022 10:57

I believe companies can choose to set a date for warrants to end and so wouldn't it have been much better for us ,to have had the date set at the end of 2024.

[gozzie2] 29/6/2022 10:53

Yes I believe you can, but with FID in 2023 it would have been a certainty to make good money.Now it's still a gamble on what will happen in 2024 .Of course if the price is above 9p its not a gamble ,but maybe not such a large win.