Rockhopper Exploration Share Discussion Threads

[ashkv] 02/9/2022 15:36

I have been in and out of RKH - sold prior to equity raise at 9p - bought back a sliver yesterday in the high 12s

Dirt cheap share and I will keep averaging in on and weakness.
14% of Share Price at 12.5p is current cash per my calcs with the residual GBP 62mn market cap accounting for RKH's Arbitration Award which I calculate RKH 80% share at GBP 168mn including interest.
So market cap only taking arbitration has recovery of 30% and Zero for Sea Lion..

Share Price 12.5
RKH Market Cap: £72,753,166
GBPUSD: 1.155
Equity Raise Proceeds: $10,400,000
30 April Cash Balance per Results: $3,400,000
Annual Costs $4,000,000
Extrapolated Current Cash Minus Half Year Running Expenses: $11,800,000
Cash % of Market Cap at share price of 12.5p: 14.04%
Market Cap Value Attributed To Arbitration Win and Sea Lion Project: £62,536,715
Arbitraton Amount 80% to RKH post Interest: £168,162,129

[buy2sell1] 02/9/2022 15:31

DON'T SHOOT THE MESSENGER --- JUST THOUGHT YOU MIGHT APPRECIATE THE HEADS UP !!!



Rumours currently doing the rounds in the City, is that the Republic of Italy (or probably more accurately the Italian Government) intend to either seek an annulment of the I.C.S.I.D ruling or will just flatly refuse to pay.

[ashkv] 02/9/2022 15:25

If Italy refuses to pay - plenty of Italian Assets to seize - straightforward process in arbitration win.. a matter of weeks to get the courts to execute...

Sensible thing for Italy will be to settle minus interest and save the additional 25% plus more if they drag this out...

Tomorrow the same logic will be used by Russia if Italy can just take-away rights of firms willy nilly... Italy has no legal leg...

[gozzie2] 02/9/2022 15:24

So that's where you are .Leave the tw@t there .hTTps://news.sky.com/story/extinction-rebellion-protesters-superglue-themselves-to-speakers-chair-in-commons-12687662

[gozzie2] 02/9/2022 15:21

Because he's a longterm shareholder and has every right to voice his opinion .

[trop2] 02/9/2022 15:20

I stand for albania! Waiter, room sevice lol amar blackpool, lol..no ice

[gaffer73] 02/9/2022 15:18

"Rumours currently doing the rounds in the City, is that the Republic of Italy (or probably more accurately the Italian Government) intend to either seek an annulment of the I.C.S.I.D ruling or will just flatly refuse to pay." That's the funniest post I've read for ages Which City St Davids? Lol.

[gaffer73] 02/9/2022 15:16

"What's this individual opinion he came out with." I was wondering that. It hasn't been realised yet.

[jnbrw] 02/9/2022 15:14

There is probably a feeling that they have the high moral ground here and are standing up for the environment in the med. Lots of articles around about the support from locals and environmental groups when the ban was introduced.

[buy2sell1] 02/9/2022 14:53

Rumours currently doing the rounds in the City, is that the Republic of Italy (or probably more accurately the Italian Government) intend to either seek an annulment of the I.C.S.I.D ruling or will just flatly refuse to pay.

[gozzie2] 02/9/2022 14:46

What's this individual opinion he came out with .hTTps://icsid.worldbank.org/cases/case-database/case-detail?CaseNo=ARB/17/14

[trop2] 02/9/2022 14:38

Er! Garcon! Scuse..inglish no good, waiter!! Where my whisky, room service! Bluddy country..amar 4* hotel blackpool

[nigoil] 02/9/2022 13:59

There ain't half some b0ll0x being posted on Lse and Advfn!.... LOL

OUR twitcher mates are VERY happy!

RKH = STRONG BUY

TICK TOCK

Simples!.... :-)

[ttail] 02/9/2022 13:28

Don't expect any news until after the Italian elections due 25th Sept. And it won't be on their priority list.

[datos] 02/9/2022 13:15

TRUST IN TRUSS (TIT)sums it all up

[gozzie2] 02/9/2022 13:14

hTTps://vm.tiktok.com/ZMNT8mU1L/Is it coz I is ???

[trop2] 02/9/2022 13:12

Bin struggling to get my bearings..which way maidenhead, chislehurst, blackpool illuminations??? Lol amar

[gozzie2] 02/9/2022 13:10

https://www.tiktok.com/@joeb1521/video/7137794022780800261?_r=1&u_code=de4hf8fie0l4m0&preview_pb=0&language=en&_d=de4hfa804594bk&share_item_id=7137794022780800261&source=h5_m×tamp=1662120632&user_id=6863820634549847045&sec_user_id=MS4wLjABAAAA8uuPGzJevBjqabZFltQCaoeeW0V-cyQrHx4zCYBxkfikYpjZ8cxxgOXgqxx0wFeQ&utm_source=copy&utm_campaign=client_share&utm_medium=android&share_iid=7138300235536926469&share_link_id=162628d2-1454-4e39-b61e-966f7da3aa4a&share_app_id=1233&ugbiz_name=Main

[gozzie2] 02/9/2022 13:07

Nope National front They are making a comeback

[gozzie2] 02/9/2022 13:07

A woman of principles lol ???She is the current favourite to be our next Prime Minister but Liz Truss hasn't always been such a staunch Tory. Throughout the current Conservative leadership race, the Foreign Secretary has faced numerous reminders of her student past, back when was a card-carrying Liberal Democrat.There was the footage of a fresh-faced Truss calling for the abolition of the monarchy at the 1994 party conference in front of a watching David Steel. There was the Newsnight package which showed her canvassing Brighton locals that same year. And there have been images of the-then Oxford University Lib Dem president protesting Michael Howard's Criminal Justice Bill to clamp down on raves that same year.