Rockhopper Exploration Share Discussion Threads

[gozzie2] 25/8/2022 12:23

My guess is that they need to see it in the bank account.This is buying money

[greypanther2] 25/8/2022 12:20

Does anyone know why there has been such a small jump (about £40 million) in our market cap following yesterday's RNS? That's only about a +70% increase. It may seem quite a lot but the RNS said that an arbitration panel had unanimously awarded Rockhopper Euros 190 million in compensation, plus interest at EURIBOR +4% (which is about 5% interest for more than 6.5 year and which would therefore probably come to about €250 million including the interest. This is about £213 Million in Sterling terms. After a ca. 20% payment due to the arbitration funder, Rockhopper expects to retain about 80% of the award, which would mean about £170 million for Rockhopper. So why has the market cap increased by only £40 million since the announcement. Any ideas please?

[greypanther2] 25/8/2022 12:18

Does anyone know why there was such a relatively small jump (about £40 million) in our market cap following yesterday's RNS? That's about a +70% increase and it may seem quite a lot. However, the RNS also said that an arbitration panel had unanimously awarded Rockhopper Euros 190 million in compensation, plus interest at EURIBOR +4%, which is about 5% interest for more than 6.5 years and which would therefore probably come to about €250 million in total including the interest, or about £213 Million in Sterling terms. After the ca. 20% payment due to the arbitration funder Rockhopper apparently expects to retain about 80% of the award, which would mean about £170 million for us So why has our market cap increased by only £40 million since the announcement. Maybe we're in for a long sustained rise, and I certainly hope so. Any ideas please?

[auson1] 25/8/2022 12:14

lagaeramia,

Great post, I think a lot of these posters must be paid to post.

Great knowledge of the field but perhaps you could expand on the significance of Sainsbury's ?

All the best

[gozzie2] 25/8/2022 12:13

Add mine in and its nowhere near that .FACT

[melegramforttongo] 25/8/2022 11:59

Another 72 pence to go Gozzie lad and we can have the break even party .
Kojak says he wants to come to that party .
He wants to buy you and the dead family a few bottles of Falkland spring water ( contains no oil )

👍👍👍

[gaffer73] 25/8/2022 11:54

Ahh I see, he was quoting you. Apologies

[gaffer73] 25/8/2022 11:52

My reply wasn't for you.

[gozzie2] 25/8/2022 11:51

Why the defence ???

[adg] 25/8/2022 11:48

Why the attack ? It wasn't directed at you but you must obviously 'self-identify' as a think (or thick even) human being else you wouldn't take a fence.....

Oh and btw it's called auto-spell auto correction by the phone you pollock

(just in case you have no sense of humour both of the misspellings above were deliberate in an attempt at humour)

PS - looking stupid and actually being stupid are two totally different things, I may be guilty of the first but I certainly aint the second mister.....

[gozzie2] 25/8/2022 11:28

This id1ot sold yesterday. Why are you still here ???

[excellance] 25/8/2022 11:16

With the Israelis now on board, and room for another partner, and £150m in the bank, the risk profile of sea lion is improving for all...but still no guarantee it'll happen.

[oilretire] 25/8/2022 11:15

Good to see some 'normals' posting again, hopefully becomes more of the norm going forward.

[tizo100] 25/8/2022 10:49

here here yesterday was an opportunity to sell on the spike then buy back at the lower price I I held over 380,000 now I own 421,000 it cost nothing apart from the sell and buy costscome on the rock not long now before it's confirmed Sea Lion will be developed.

[gozzie2] 25/8/2022 10:48

Get f#ckedMy dad's been dead four years and had been many years poorly before that.He who laughs last .My own shares are quids in .Inheritance are freebies.You are a f#cking @rsehole .How's riski doing for PM Come on Truss lolFACT

[excellance] 25/8/2022 10:48

Navitas, the Israeli oil and finance company, now have 65% interest in sea lion and have been funding RKH at 8%, but so far haven't actually committed any cash funding pending FID.

will sea lion ever be developed?

[gozzie2] 25/8/2022 10:46

Have you only just noticed he's a w@nker lolSpot on

[bonehawk] 25/8/2022 10:33

You are obviously sane and normal. You are on the wrong board.

[excellance] 25/8/2022 10:25

It looks like the lion's share of the cash will end up at sea lion.

[trop2] 25/8/2022 10:22

Still holding blakieboy,only lose when you sell...lol pike dover

[cyan] 25/8/2022 10:18

ohisay wrote earlier;

extract;

"Of course we dont know the tax position re the award and when they pay is probably going to be an issue (cf Cairn/India for example)"

That's a very interesting question. The award is , imo, very much like a compensation payment which is normally tax free in UK personal cases. Would be nice to think a business case would be similarly generously considered.

[duckdown] 25/8/2022 10:13

Another 10-20million volume today would be nice. Out with the old, in with the new.

Duck duck go.