Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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JH, like you I am not happy with the current situation. Any RNS issued by the company has to be agreed and approved by the company's NOMAD. I would assume that with the current state of affairs the whole BOD would be consulted before anything is sent out in the form of an RNS.
Well I don't know how Mr O'Reilly is going to explain away this latest twist in the tale. Last week he stated that today was the anticipated very latest day by which the funds would be in the bank. He's got no credibility at all in my opinion. He's been mouthing bull**** and making statements which turn out to have no substance at all for many years now. Time he collected his P45 in my opinion.
Your right chef136, there needs to be more balance to the climate debate. There was a "protest" in Ireland after the government blocked the climate bill, it consisted of 6 protesters, one of who painted himself green and glued himself to the doors of the government offices, there was actually more media and photographers present than protesters yet it made headline news and front page of the papers the next day. This is the only view the public are seeing and hearing at the moment. Look, I think its accepted we need to transition to less fossil fuels, I've 3 children, of course I want a cleaner healthier environment for them and their kids, so in principle I guess we all agree with Brid et al at some level. However I'm also a realist, and understand that this simply can NOT happen overnight. Brid herself mentioned last night on RTE that fossil fuels are here until at least 2050, so the question is where does Ireland get its required 30 year supply ? Its hypocritical for Ireland to take a stance and leave our resources in the ground while we continue to take other countries resources and ship them across the globe. Lets be clear leaving Irelands resources in the ground does ZERO to reduce our CO2 omissions and ZERO to reduce our reliance of fossil fuels. The responsible approach for Ireland is to secure our own supply, extract it in an environmentally efficient manner, generate a revenue stream, and use that revenue to transition and develop renewable sources. Ireland is €205bn in debt, we have no extra money for Health, Education Pensions for aging demographic, and our taxpayers already pay among the highest rates of income tax in the WORLD at 52%. Where is the funding going to come from for the transition / development of alternatives ? We can get to everyone's desired lower emissions Ireland QUICKER by using our own resources and using revenue stream to fund alternative source programs.
PVR need to be more dynamic with their public relations.The government and Fianna Fail opposition
are over a barrel.Accepting that climate change is happening and withdrawing from Kish licence would be practical and good for both sides,the taxes from Barryroe being used for green projects......
They should be lghting a fire under DCCAE's feet. It's unacceptable for them to sit on this for so long. Especially after the way they dragged the process out as long as they possibly could.
It would seem that the purpose of the extensions is to equally maintain pressure on APEC to pay the funding and on the DCCAE to grant the Permit. The stalling of the funds is inevitably linked to the Permit problems. In the last five years, any partner with Providence has wound up seriously out-of-pocket. This must be a consideration for APEC in entering the partnership and they are understandably not going to go the same way. The APEC funds are not vaguely likely to be processed this week or next, but if Providence announce an extension until the 6th August, there is no pressure whatsoever on DCCAE to move on the Permit before then. And once into August, the Departments will go tumbleweed-quiet anyway. All concerned will prefer the Permit to be notified quietly, and so it was unlikely to happen while the Dáil was sitting. Perhaps now on a Friday afternoon, maybe the 26th or the 2nd August, and that might result in the least erroneous fuss. No doubt the Providence management are not easing off on the pressure with this.
I saw Tony snr at a meeting in Dublin on Wednesday, so he is not far away (if that helps!). He looked chipper enough, which is good. Still has the Bentley Arnage, so it must have been in the driver's name!