Rockhopper Exploration Share Discussion Threads

[adg] 17/6/2024 06:48

Thanks - just read the original release re the 3rd party financiers taking all the loot
Ah well - maybe next year Rodney

[genises] 17/6/2024 06:45

Euro15 million after costs first payment.

Rockhopper has entered into an agreement with the Original Arbitration Funder to pay EUR26 million of the Tranche 1 proceeds to discharge all of its liabilities under the agreement with the Original Arbitration Funder. In addition, Rockhopper is due to pay certain success fees to its legal representatives. After making these payments, Rockhopper will retain approximately EUR15million of the Tranche 1 payment and 100 per cent of all Tranche 2 and 3 payments.

Ø Tranche 2 - Additional contingent payment of EUR65 million upon a successful annulment outcome. Should the Award be partially annulled and the quantum reduced as a result, then Tranche 2 will be reduced such that the amounts under Tranche 1 and Tranche 2 shall be adjusted downward on a pro-rata basis. For example, if the quantum of the Award is reduced by 20%, then the amounts under Tranche 1 and Tranche 2 shall be reduced by 20%. For the avoidance of doubt, the amounts under Tranche 1 and Tranche 2 shall not reduce below EUR45m in any circumstance.

Ø Tranche 3 - Potential payment of 20% on recovery of amounts in excess of 200% of the Specialist Fund's total investment including costs.

[adg] 17/6/2024 06:36

So how much is it?

[seedoftongo] 17/6/2024 06:35

Where’s Gozza with the RNS …
Last with the news as ever

[tizo100] 17/6/2024 06:12

Booooom !!!17 June 2024 Rockhopper Exploration plc("Rockhopper", the "Group" or the "Company") Satisfaction of Precent Conditions for the Ombrina Mare Monetisation Transaction Rockhopper Exploration plc is pleased to provide the following update in relation to the monetisation of its Ombrina Mare Arbitration Award (the "Transaction") announced on 20 December 2023. All required precedent conditions to the Transaction have now been satisfied. Under the terms of the Transaction, the Tranche 1 payment is due within 5 business days. Further updates will be provided in due course.

[seedoftongo] 16/6/2024 17:39

Gozzie has been left alone lately , yet he is still waffling on into the ether .
NUT , what is the point ?
You are Gozzie2 or his “ partner “ ..
Why not have a conversation with each other to at least attempt to give that alias more credence ?

Gozza , when you look at that image of seaside Mark , do you see yourself ?
That’s what everyone on here thinks you are like …
Character and image .

[seedoftongo] 16/6/2024 06:24

Gozza is used as bread and butter .

At the moment the Forwood saga is steak and chips .

[gozzie2] 15/6/2024 09:54

Warren Buffett made 99 percent of his wealth over the age of 50??Staying healthy is the best investment one can make ???Live until 136 and you will be extremely wealthy from RKH ??Groucho having to live longer waiting for Isobel??I'm off to decrease my lifespan, by sinking 10 pints ??Cheers

[seedoftongo] 14/6/2024 19:56

Gozzie2 , don’t get too comfortable .
You are a bread and butter punchbag.
Forwood is steak n chips atm

[gozzie2] 14/6/2024 16:10

Fair Taxes at Fairyhouse ???Tongos abode ???20/1 WINNER for GOZZIE2 You good luck charms ?Another FREE weekend of booze for GOZZIE2??Yeeeeeeeeeeeeeeeeeeeeeeeerrrrrrreeeeeeeeeeeeeeeeeeehhhhhhaaaaaaaaaaaaaaaaaaa