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‘ But for now we still have to endure Teresa and chums sploshing around playing their revolting potty games.’
I can picture her grabbing onto the side of the bath whilst trying to pee in a child’s potty!
Ignore my dumb question below, RNS icon usually shows if there is a new one but I see now it was released yesterday (10th)
Where is this news then?
There also be some speculation on the Madrid Exchange which is lifting the share price here?
Either way it is good news for small investors.
Yes frustrating to say the least. The market's responded positively, for now. Perhaps it's relief BKY are finally going on the offensive. Maybe they should have done this 10 years ago when the then coalition (a similar make up to today's) bragged to Reuters they'd refuse to grant the permits regardless of illegality.
I suppose these new more aggressive legal tactics, or environmental necessity, or mounting political pressure might force the coalition to change tack and permit anyway. But for now we still have to endure Teresa and chums sploshing around playing their revolting potty games.
It's frustrating!
Take a look at ATYM, an old Copper mine and processing facility in Spain. The new owners are clearing up an old mess, going through the tailings, digging out fresh ore and processing some of it onsite using solar gnerated electricity.
It is waaaay dirtier than a Uranium Mine imo yet the Eco Idiots in Madrid have granted it permits.
BKY is a slam dunk necessary energy resource for Spain and the EU which is being screwed over in Madrid by the end of the world eco more-ons.
BKY need to tell us what the plan is. What will they seek in the arbitration? Specific performance orders compelling the government to permit, if that's even possible? Or just financial compensation? Chances of success? Timeframes? Why commence now?
I guess starting this arbitration was inevitable, perhaps triggered by the amnesty law passing last month, and the prospect of this government and its anti nuke policy lasting to the next election in 2027 and maybe beyond.
It'll cost a lot and take ages. BKY should win, but then there'll be the issue of enforcement. And even if a future friendly government permits in the meantime or later, its "price" for permitting would probably include BKY withdrawing the arbitration proceedings or giving up any award, with BKY bearing the costs. Costs ultimately may be irrecoverable, but arbitration is still probably the right thing to do now I guess.
What do you guys think?
Re asterisks it's tards!
https://www.zerohedge.com/markets/historic-reversal-us-restart-shut-down-nuclear-power-plant-first-time-ever
an interesting development, how long before the lefty ******s in madrid have to rethink their power generation options? maybe 6 months?
That guy was trying to pump SMR. Unfortunately, the reality is that SMR CAPEX is not much lower than a traditional reactor (from NuScale). Typical evil wall street pump & dumper.
Its obvious what is going on in the world is far beyond her intellectual capacity to understand, an ideological child causing big problems for a future generation to resolve.
Oh hang on, there is the get out clause, the ability to take power from the French Nuclear grid! Why should the people of that region in Spain put up with that when the mine would create jobs in their area?
Just think where Spain would be if it had embraced nuclear energy!
I guess Teresa loves pollution and dependency too much. Get some crude and gas into the marinade...
In a world where the demand for energy just keeps increasing,
'Tech Giants Turn to Nuclear for AI's Hunger for Power- Amir Adnani'
https://www.youtube.com/watch?v=uDCTaDEs3HE
I may suggest large corporations and government building will have small modular reactors to generate their power.
I'd hate to be a pee drinking shovel faced green commie minister when this new world starts taking shape and the only preparation been made for it has been .............. ?
Https://www.zerohedge.com/geopolitical/how-much-does-us-depend-russian-uranium
'I don't think their transitioning's very convincing.'
She is running out of time to come up with renewable answers, this is a good read, but!
https://world-nuclear.org/information-library/country-profiles/countries-o-s/spain.aspx
'Under Spain's nuclear phase-out policy, its nuclear fleet is scheduled to shut down by 2035. The first reactor is planned to be taken offline in 2027.
As Spain is essentially separate from the EU grid – a small amount of power can be traded with France – electricity self-sufficiency is a major policy consideration.'
So there you go they will still take nuclear energy from the French grid if they cannot come up with answers by 2027 when they start taking theirs off line. However in the interests of EU energy security surely to take yellow cake within the EU territory makes more sense.
At some point she will have to be removed.
Teresa Ribera
Minister for the Ecological Transition and the Demographic Challenge of Spain
I don't think their transitioning's very convincing.
Yes that question needs to be put to the Spanish Interior Minister of sitting beneath golden showers Teresa Ribera!
The general director of the International Energy Agency ("IEA") has said that nuclear energy works in an "impeccable way" and that countries planning to leave the sector, such as Spain and Germany, should "think twice" since the alternatives increase polluting emissions or dependence on third parties.
'Teresa take note, finish your golden shower'
Looks like she washes her boat race in the stuff, Teresa the Minister for Urophagia!
To add the Swedish minister's quote:
"If the European union is to become the first climate-neutral continent, access to sustainable metals and minerals must be ensured. We need to use the uranium we have, instead of sorting it out and considering it as waste, as is the case now - due to the current ban on mining uranium," says Minister for Climate and the Environment, Romina Pourmokhtari.[3]
I like the way she's tied it to the wider EU climate neutral aspiration and using "the uranium we have".
Teresa take note, finish your golden shower and permit BKY's uranium extraction in Spain and get tf on with it fast.
Teresa Ribera would rather marinate in her own urine for the rest of her life than be defeated by the glaringly obvious, Nuclear energy is the way forward!
She is out of date and out of touch and for now it is the farmers protesting, who next?
No not ramping another share but rather drawing attention to the fact that lobbying by AURA to get the Swedish Gov to re think its ban on Uranium Mining has resulted in them agreeing to debate the issue.
BKY may well benefit if Sweden changes its position in May......
If the EU is concerned about safguarding fuel supplies for nuclear power plants then having mines in safe havens makes perfect sense. Not that common sense has influenced the EU in the past or present.
Wow I have seen some of the footage in Telegram, it was only a matter of time before the people stood up against their Government.
Ribera will be in the cross hairs sooner or later.
Https://www.santander.com/en/press-room/santander-international-banking-conference/biographies/teresa-ribera
What, if anything, has she done that has any constructive use for the people of Spain?
Some big picture charts on the uranium sector:
www.metallic.media/uranium/