Rockhopper Exploration Share Discussion Threads

[nigoil] 27/8/2022 14:37

Nah, wrong again!.... LOL

Just like you called OM

In Sam WE trust!

TICK TOCK

20p will be a bargain in a few weeks time, how's that for hindsight?

Simples!..... :-)

[cyan] 27/8/2022 14:24

Hindsight is a wonderful thing. If Sam MOODY was absolutely certain that OM would come good he would have awaited the award and then announced a smaller less dilutive placing from a share at a substantially higher price.

I had previously expressed the view that MOODY could hopefully raise on the back of a favourable award.

However, MOODY made it clear that if RKH had waited to raise funds and had they NOT won the award ; any fund raise at that point would have been extremely painful.

He was obviously very nervous about the OM outcome.

[nigoil] 27/8/2022 14:12

What a poor decision cyan made in not taking up the OO or the warrants!... LOL

And now we have plenty of funds moving forward! What a non brainer, to those intelligent enough to take advantage!... :-)

In Sam WE trust!

TICK TOCK

Simples!.... :-)

[cyan] 27/8/2022 13:55

Perhaps duckdown could ask MOODY in his next phone call if there has been any movement on the tax liability question since September 2021. ?

How can he FIG expect to tax a benefit RKH never received?

[nigoil] 27/8/2022 13:51

cyan posting the same old copy and paste b0ll0x as always!... LOL

Beware of the 'GIRLS'!.... LOL

In Sam WE trust!

TICK TOCK

Simples!..... :-)

[cyan] 27/8/2022 13:43

Good afternoon tizo100

I think you are right;

The CGT deferred tax liability to the FIG is really not certain , imo.

"The tax liability may be revised downward if the Falkland Islands' Commissioner of Taxation is satisfied that either (i) the Exploration Carry from Premier is utilised to fund exploration activities in the Falklands or (ii) any element of the Development Carry from Premier becomes "irrecoverable". Whilst the Company is entitled to benefit from the full Exploration Carry from Premier during the 2015/16 campaign, no adjustment in the tax liability has yet been recorded as this is subject to agreement with the Falkland Islands' Commissioner of Taxation."



I believe this sum relates to the value in the 'old' carry arrangements with PMO where they carried RKH for hundreds of millions of development costs.

The paragraph above suggests, imo, that , if the carries disappeared ;so would the tax liability.

It seems MOODY and his legal team have a similar view to me as you will hear at 9 mins 47 secs here;



RKH thinks the Tax liability should fall away.

Bottom line; At worst there is a £59.6m tax liability payable after we start coining it in

At best the whole £59.6 million liability will disappear completely.

One for the lawyers.

[melegramforttongo] 27/8/2022 13:42

No one listens to Nigoil anyway so it doesn’t matter if ( WHEN ) he lies .
His reputation was destroyed a long time ago.

[nigoil] 27/8/2022 13:36

tizo100 is one of the biggest scammers / bullsh£tters on this forum, this pseudonym even made out he was in Panr!..... LOL

Beware of the ' GIRLS'!.... LOL

In the GREAT Nigoil WE trust!

Simples!..... :-)

[melegramforttongo] 27/8/2022 13:32

“ Nigoil is lying “

He doesn’t do anything else ?
A headline grabbing post would be “ Nigoil is telling the truth “ .

[nigoil] 27/8/2022 13:20

Fraid they were and then capped of the day with an evening meal!

Sam took no telephone calls yesterday!

In Sam WE trust!

Rkh = STRONG BUY

TICK TOCK

Simples!..... :-)

[cyan] 27/8/2022 13:19

Good afternoon buy2sell

you wrote;

"Rockhopper's total Tax Liability agreed at £90.3 million with £26.0 million already paid by Rockhopper leaving an unpaid Tax Liability of £64.4 million"

please refer to my post yesterday number 93405 which I reproduce here;

"The tax liability has dropped from £64.4 million to £59.6m

"....the Falkland Islands Commissioner of Taxation agreed to reduce the tax liability in line with the terms of the Tax Settlement Deed. As such, the tax liability has been revised downwards to GBP59.6 million."

That's from our results RNS published 8th April 2020 here ;

"TAXATION

On 8 April 2015, the Group agreed binding documentation ("Tax Settlement Deed") with the Falkland Islands Government in relation to the tax arising from the Group's farm-out to Premier.

The Tax Settlement Deed confirms the quantum and deferment of the outstanding tax liability and is made under Extra Statutory Concession 16.

As a result of the Tax Settlement Deed, the outstanding tax liability was confirmed at GBP64.4 million and is payable on the earlier of: (i) the first royalty payment date on Sea Lion; (ii) the date of which Rockhopper disposes of all or a substantial part of the Group's remaining licence interests in the North Falkland Basin; or (iii) a change of control of Rockhopper Exploration plc.

During the first half of 2017, as a result of the Group receiving the full Exploration Carry from Premier during the 2015/16 drilling campaign, the Falkland Islands Commissioner of Taxation agreed to reduce the tax liability in line with the terms of the Tax Settlement Deed. As such, the tax liability has been revised downwards to GBP59.6 million. The outstanding tax liability is classified as non-current and is discounted to a period-end value of US$39.2 million."

[duckdown] 27/8/2022 13:15

If anybody believes that lawyers were still in meetings at 5.30pm on a Friday before a bank holiday weekend then they don’t know lawyers.

Nigoil is lying. Neither Rockhopper or their lawyers have heard from the Italians - FACT.

Ask Sam for yourselves who will confirm that Nigoil is lying in an attempt to ramp.

I’m a holder here but won’t lie to people - there really is no point.

[melegramforttongo] 27/8/2022 13:04

The money cake is being cut into pieces .

Shareholders may see a tiny crumb once everyone else has taken their slice .
Sam will take a big slice and eat it all himself .

One thing for sure …

NO OIL AND NO GAS .

The market as we know is forward looking and it doesn’t like what it can see .

[trop2] 27/8/2022 12:26

To be hoped, ariel sees the value in Johnson Gas, as opposed to giovanni, lol pike dover

[nigoil] 27/8/2022 12:26

That is a very good idea to email Sam, at least that way you will receive a reply! On the contrary Sam is not always available by telephone, especially yesterday when duckdown posted that he had spoken to Sam! It was not possible to speak to Sam yesterday for the reasons WE have given. Fraud duckdown is telling porkies!... LOL

When you do email Sam, ask him if he knows duckdown?... LOL

WE repeat OUR Twitcher mates are getting VERY excited regarding an early payment!..... :-)

No ramping from the GREAT Nigoil, WE just deal in facts!

The GREAT Nigoil is never wrong!

TICK TOCK

In Sam WE trust!

Simples!..... :-)

[duckdown] 27/8/2022 12:14

Nigoil is lying again.

Not that anybody will be surprised by that.

My advice to you is - if you don’t believe me, email Sam Moody or give him a call yourself.

He will confirm that Nigoil is lying so you don’t even have to take my word for it!

[trop2] 27/8/2022 12:02

Sounds like abdullah has a hotline to pretty/home office lol pike dover

[nigoil] 27/8/2022 11:42

Sam nor any of the Bod took any calls yesterday as they were all to busy in a meeting with their lawyers and financial advisors! Can you imagine Sam leaving the meeting to speak to duckdown?... LOL

WE repeat OUR Twitcher mates are getting VERY excited regarding an early payment!..... :-)

No ramping from the GREAT Nigoil, WE just deal in facts!

The GREAT Nigoil is never wrong!

TICK TOCK

In Sam WE trust!

Simples!..... :-)

[duckdown] 27/8/2022 11:30

I can confirm 100% that Nigoil is lying in this instance because I’ve heard it directly from the horse’s mouth.

Confirms to me that he’s not to be trusted.

[bigred10] 27/8/2022 11:14

Interesting news from my twitcher mates. They said they can smell BS aka Noboil who was 39 months of with the imminent and sooooon arbitration result she’s now saying the payment is sooooon. But as always never defines when or how long sooooon is. So it’s open ended and will claim she’s right even if the payment is over 3 years. Just like she did this week. Simple. Liar. Serial money loser. Yes you are.

[nigoil] 27/8/2022 10:25

Fraid it does matter, when the pseudonym known as cyan comes on this forum along with the 'GIRLS' spreading falsehoods and posting de-ramping garbage to try and help get the share price down, whilst at the same time their employee is having orders filled!

In Sam WE trust!

TICK TOCK

Rkh = STRONG BUY

Simples!....... :-)

[gozzie2] 27/8/2022 10:25

hTTps://globalarbitrationreview.com/guide/the-guide-investment-treaty-protection-and-enforcement/first-edition/article/enforcement-and-recovery-theory

[gozzie2] 27/8/2022 10:11

There is no doubt though that fear of non payment, is reason for this not being much higher .hTTps://tokenist.com/why-hedge-funds-are-betting-39-billion-euros-against-italys-debt/