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Https://www.bbc.com/news/world-europe-69000823
With Catalan election result pro far right, what could be the impact from this change? Looks good for BKY?
‘ who's looking to join the Brussels gravy train.’
No doubt she will get a golden handshake and will gratefully accept being showered with all the perks and privileges the gravy train has to offer.
Https://www.euractiv.com/section/energy-environment/news/ribera-spain-has-enormous-difficulties-with-france-on-cross-border-energy-links/
The cheek of it! Whining that Spain's energy woes are France's fault for blocking interconnectors. Unbelievable. It's you you clown that's created a crisis and forced more use of hydrocarbons by running down nuclear.
Actually Spain might get shot of its Micturition Minister soon who's looking to join the Brussels gravy train.
Looks like it was El Guapo just showboating.
'The FT is suggesting if he resigns he might pave the way for Spain's first female pm. Who might that be???!!!'
Can the FT define what a woman is?
Whoever gets in who suffers from the 'green communism liberal mentality' is still going to pursue this renewable energy utopian dream, would they allow nuclear energy into the mix is the question?
This situation will end up in an international arbitration adjudication scenario and could take the rest of the decade. Teresa is no doubt still having fun sploshing around and wetting the lettuce.
Apparently Sanchez has told the King what he's intentions today are.
The Guardian sees 3 possibilities:
Now, there would appear to be three possible scenarios.
Pedro Sánchez could stay and call a vote of no confidence in an effort to shore up his parliamentary support.
If he leaves, the socialists could try to appoint a successor.
Or, his departure could trigger another general election - Spain’s sixth in nine years - that could be held in July.
The FT is suggesting if he resigns he might pave the way for Spain's first female pm. Who might that be???!!!🤦
Yes, time for common sense to make a long overdue comeback. Mustn't get ahead of ourselves but....
If a new sensible govt who'll give the permits does come in, BKY will need to update strategy. Maybe put the international arbitration on ice, and switch their efforts to appealing in the Spanish supreme Court the annulments of the regional and local authority licences. Time will be of the essence, Spain seems quite volatile atm, the legal processes take forever, with governments perhaps unlikely to last long. Get everything sorted before an unfriendly regime returns if possible.
Monday will be interesting when Sanchez is due to announce his intentions. I suspect he's frantically trying to work out if his missus' dodgy dealings could stick to him and finish him.
We only have to sit this stupidity out until common sense prevails.
Https://www.politico.eu/article/spain-prime-minister-pedro-sanchez-threatens-to-resign/
Here's a thought. Last 2 paragraphs of this suggest one scenario of Sanchez resigning and calling a snap election. PP is 8% ahead of the Socialists in the polls. A PP led nuclear friendly government if elected might then permit the BKY mine, later this year even. Wishful thinking maybe but not impossible.
More reasons for Spain's dodgy government to permit BKY's mine, act lawfully and stop cynically manipulating institutions like the CSN by appointing anti-nuke activists to the board to force unwarranted political goals.
https://www.kitco.com/opinion/2024-04-23/miners-ignore-softer-uranium-price-0
Given the increasing global recognition of nuclear energy's importance to energy security and decarbonization, the demand for uranium is forecasted at 338 million pounds in 2040, requiring the supply to double by then. (New mines needed).
The geopolitical situation in Niger has intensified in March. (Spain sources U from Niger)
‘ 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 .............. ?