Navitas Announces Final Investment Decision (FID) for the Sea Lion Project

_{Disclosure: As of the date of writing, the author holds shares of Navitas and Rockhopper mentioned in this letter and therefore has an interest. The author is not an investment advisor, and nothing herein should be regarded as a recommendation to take action. The information is provided for informational purposes only, may contain errors, and does not replace reading the company’s official reports or conducting independent research.}

Personal Note

It’s an exciting moment for me personally, representing a huge milestone, after extensive research and investment in this project through both Navitas and Rockhopper. As you may know, and as mentioned in the disclosure, I hold shares in RKH and NVPT, and I have an interest.

Achieving FID is a milestone, and there is much more ahead, with potential exploration, more discoveries, more partnerships, and more challenges. The "boat” might shake now, as some investors and traders will take action in response to this event. Long-term investors should calculate their next moves and decide what is right for them.

This letter is not financial advice, and I can’t predict the future share price. I may hold, buy, or sell at any time without further notice. This letter does not replace reading the official announcements issued by the companies. This letter is for information purposes only.