LON:RKH
Rockhopper Exploration Plc
ACTIONABLEMethodology gates passed
Position levels
Currenttoday
74.30p
Buy <=wait / entry
55.00p
Trim >=take some off
85.00p
Thesis breakA signed Sea Falcon farm-out with a credible operator on terms that fully fund a...
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Scenario-weighted conviction
| Probability | Score | Contribution | |
|---|---|---|---|
| Bull case | 16% | 100 / 100 | 16.0 |
| Base case | 48% | 62 / 100 | 29.8 |
| Bear case | 36% | 10 / 100 | 3.6 |
| Weighted conviction | 49 / 100 - SPECULATIVE BUY | ||
Top risks
- Farm-out execution risk for Sea Falcon as single most important near-term catalyst
- Absence of production revenue and history of operating losses with no operating cash flow
- Analyst consensus 12-month price target of 89.975 versus current price near 74