frus one of the things that have got up investors noses is the time it has taken..well not all of it is san leons fault as seen here, the polish authorities have taken a year to permit any work!!....ps I have been critical...of the sp ...but also in that I believe we are in for fireworks..links
08-09-2014 11: 43
One of the biggest problems that afflict the industry łupkowej, there is a very long period of waiting for all administrative approval. The consultation was just a project or specustawy. It aims to simplify the procedure. In the case of the fulfilment of the demands of the research firms new law may become a true flywheel for the industry.
-To continue at a good pace exploration phase of the Polish shale gas we must quickly get all kinds of licences, which allow us to enter the square and start drilling. Majors looking for hydrocarbons in Poland, especially shale gas, long wait for such regulations would make them quick and efficient search work, says Martin Finch, the Director-General of the organisation of the Polish Rescue Industry-extractive industries.
Changes in the law would result in a significant reduction in the time it takes to acquire all authorizations. The industry is of the opinion that the ideal situation would be, what takes place in the United States, where to obtain licences need even less than 45 days. Meanwhile, in our country is often a year.
Such a long waiting period to decide causes the company to forgo some work, go to other countries where the law is more favourable to the industry.
its just your bad mind..Im retired at 45..now 50..I have time loads..when I make an investment I do untold research and carry it on..no let up..the more you do the more you find out..I find stuff out through talking/visiting..doing leg work..this investment isn't for me..as I don't need it..its for kids who by the time they leave school will be minted..for them I would do anything..so if I have the time..I use it as productively for them as I can..alot of the info I share on here is already out there like the tarfaya licences etc..I knew about PM months ago and their changing of name their accounts etc etc months ago...because Im looking for it!!..most of you lot don't....infact most don't do anything except look at some one to blame...not me!!...I know through my research sle will do the business if it take another 2/3 years..it will deliver..but if lewino comes in it will be before then imo.............cheers links
Sid, the company and the Moroccan government are on good terms, the government obviously knows that tarfaya and Zag are bordering/on distilled lands. They know that this makes it more difficult to not only conduct business on those lands but also attract potential farm in partners. The $1.5 million owed obviously would fall on SLE but I can guarantee that if they find a farm in partner they WILL include that figure into any contact as part expenses. That's if the money is even demanded by the authorities, SLE is doing work on the oil shale project, one that could provide much work, billions in tax and national oil revenues, this will be discussed when and if the government asks for the money. I think the government will work with SLE here and resolution will be found.
Now as far as getting the percentage of the other lands from petromaroc for free, this happens all the time, not only in the oil and gad industry but also the mining industry. Petromaroc had to concentrate on their northern lands where they have found significant gas and in order to pay their share there they couldn't carry on elsewhere. Making a mountain out of a mile hill here!
Brutally honest after years in here reading about riches just around the corner. Im only interested in one thing and thats the sp and whats going to move it asp So petty arguments about Morocco where its admitted...No production for at least 5 yrswhich will probably turn out to be ten Not worth arguing about....I'm sick of seeing racing certainties fall by the wayside and disappear into the abiss....I dont want to be blinded by science, like how we are going to get it out of the hole, how much there is, what kind it is or even how much it's worth..... What I want is action, the kind of which is undeniable, the kind that will send the markets into delerium. NOT just the few on here who tell us on here and other bb just how much more they know than the market in general... Take me I don't have any other investment...then theres searcher and lot's of other's who have many investments SLE is just one in the game (good luck to them) though you can't help but feel there is a touch of the pro about a few of them.....Then theres Links, who by most peoples understandings is a bit of an oddball. He like me dosn't appear to have other investments but UNLIKE me he possesses a wealth of knowledge which he continually pours onto this bb and others...WHY? C'mon Links. I realise this is probably the last time you will communicate but what about it, for all those that have wondered.....Why do you do it? All those post's, all that info: some of it almost like insider, some of it guesswork...ALL OF IT one way traffic, Never a hint that Uncle Oisin could have done better.How could you possibly do all this and still find time to earn a living...How DO you make a living Links, I have no objection in telling you my occupation. My point is that your wealth of knowledge can be used by you to make you rich. So why send out thousands of post's to dopes like me, waisting so much of your time. Unless of course theres something in it for you...Nor could'nt be, it's just my bad mind.
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