Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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From today's DT.
I laughed at their rank hypocrisy but this might help BKY?
Brussels backs move to label gas and nuclear investments ‘green’
JAMES CRISPJOE BARNES
THE European Parliament has approved plans to allow gas and nuclear energy investments to be labelled “green” as Brussels battles to meet net zero targets.
A total of 328 MEPs voted in favour of the move yesterday, falling short of the 353 votes needed to block the new rules which will mean gas and nuclear power is included in Europe’s so-called “green taxonomy” from next year.
Nuclear and natural gas projects could now get subsidies and cheaper loans as a result of the European Commission’s proposal, which will become law unless 20 of the EU’s 27 member states oppose it.
https://www.reuters.com/business/sustainable-business/eu-parliament-vote-green-gas-nuclear-rules-2022-07-06/
I recall this was opposed by Spain. Their reaction will be interesting. So far Austria Luxembourg and greenpeace are reported to be mounting legal challenges.
JUST IN - EU Parliament declares nuclear power and gas as "green" energy.
Nice director buy.
I'd like to think we'll get news soon about progress with the administrative appeal.
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Time to buy maybe? Ask sub 20p, any OIA shares overhang clearing, reasonable to expect administrative appeal success? U fundamentals strong.
Would it be good PR to take compensation from the Spanish tax payer?
The important upcoming news is progress in the administrative appeal (judicial review) of the unfavorable CSN2 report. If BKY can establish it was unlawful (they're confident they can) it opens the door to getting a lawful (favorable) report and then permitting or a whopping great compensation claim.
We really are sitting on our hands until then and we may not get the result we want.
https://en.wikipedia.org/wiki/Next_Spanish_general_election
https://www.cornwalllive.com/news/uk-world-news/spain-portugal-slash-energy-bills-7141772
ORM went through an administrative appeals process in the same jurisdiction and it took several months. There can be appeals within appeals, so I'd say don't hold your breath, but as BKY's case is so strong, that should mean the process is shorter than it otherwise could be, with a good chance for a BKY win, and less chance of that win being appealed further, successfully or at all.
The SP seems to be holding above 20p, even though we could perhaps expect an overhang from the shares bought from OIA in the lawsuit settlement @ A$0.35 (approx 20p). That's assuming there were no restrictions on selling in the settlement purchases.
Politically, BKY's comments in the quarterly report about PP's pro-nuclear stance were interesting.
A month since the last post here and no news from Madrid or company HQ on progress either legal or political.
Sky reported this morning the Hungarians received Russian uranium today and an embargo would be a red line for them.
The Germans and others seem to be dragging their heels re Russian fossil fuels too.
Anything other than a complete embargo on all Russian stuff is unconscionable though.
https://twitter.com/quakes99/status/1512035679806451716?s=20&t=9uuqUfFpeDsA1PDwOMYJqQ
Posted by Levs on the AURA board.....not sure if this is just wishful thinking on social media?
Just the showdown in the Spanish courts to come now.
That is if they have enough electricity to keep the lights on and the air con blowing for the court hearing.
There was clearly good interest from a broad range of investors.
Special Crossing completed to clients of Argonaut Securities that include several specialist natural resources funds and a broad array of high-quality investors, based in Australia and overseas
I am back in but only with a very small punt on the basis that Paradice have done due diligence and feel BKY is worth a punt.
Presumably the required notifications from the buyers of OIA's shares following settlement of that lawsuit.
Any thoughts on what is going on here?
'All this as well as well as the demands of citizenship and the gender perspective throughout the development of the law should be taken into account in the development of the Law on Climate Change and Energy Transition.'
Raquel Montón
https://www.energynews.es/en/can-coal-nuclear-be-shut-down-simultaneously/
A very interesting read, but the boundary between wishful thinking and reality is closing.
Must be a garden path. Well done to Raquel and muchachos for doing their bit to lead Spain up it.
Looking at this latest ipcc thing, I hate to think what Spain will come up with next. Maybe spend millions building a couple of CO2 extractor fans in Salamanca.
'Greenpeace anti-nuclear campaigner, Raquel Montón, said that Spain doesn’t need nuclear plants or mines because the country is on a promising path towards developing sustainable sources of clean energy.'
https://www.mining.com/opposition-berkeleys-uranium-mine-spain/
Five years later and what has this promising path produced?
The whole lot of them do not know their backsides from their elbows and live in a fantasy world.
In that regard, I think the latest ipcc report is due today. The one that will say what we actually need to do. It might help inform and improve Spanish policy.