Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Casteljon needs to provide to the Spanish electorate how he intends to solve the energy requirements of Spain to meet climate targets at a cheap and affordable price also considering base load requirements and supporting heavy industry.
Does he intend on solar power and wind or has he got something else in mind, lay the cards on the table.
None of us is getting any younger and this unlawfully delayed project needs to get going.
We shouldn't lie back smiling with our legs apart. Casteljon and his co-conspirators have got funny smiles on their faces and need stopping.
What difference does keeping our powder dry make?
I’m not selling for a long time, if we get the licence this year or in five it will make no difference, the sp will just rocket greater with the latter scenario
I don't agree BKY should take these unlawful reports and decisions lying down. They're doing the right thing vigorously defending their/our position. The legal opinions are very bullish. So we hope to win (and hopefully recover costs too) then progress. If CSN and the government change, great, then just withdraw proceedings, but waiting hoping for that to happen wouldn't be the right strategy.
Picking a fight with the government is just stupid.
Just sit back and let it play out as annoying as it is.
The Spanish people will have their 'no mas' moment and another administration will get elected who will hopefully be more favourable to the final licence.
What as position to be in to hold the raw materials in the ground required to power the generators in both Spain and France and supply abundant green electric.
Just imagine the jobs and enterprise it can create. Spain should be one of the leading manufacturers and exporters of finished good with their location helped by the energy requirements which can be provided from within their own territory.
Let's see if the administrative appeal is successful. It should be if BKY and their lawyers are right, although you can't second guess the outcome.
Failing that we'll have to wait for change at CSN and the government.
Keep slurping the soup in the meantime.
P1D might be right, in Germany the inflation and food price rises hitting voters this week will quickly bring about political change. The Green EU Eco Idiots could be in for a kicking at the next set of elections. Trouble is, can BKY hang on for that to happen? Ideally, I would like to see a change of course from Madrid in months not years otherwise investing here is too risky for me.
It will get to the point where they will have to agree to things they previously would not have done or get booted out in the next election.
Just sit back and watch their pain and suffering.
If the CSN and government need an honourable climb down, they could take and publish legal advice (which would no doubt reflect BKY/Freehill's position) and say in the interests of law and democracy they're reluctantly permitting the project.
The current Spanish government have brazenly flouted the law to stymie BKY's project, so may well also be capable of buying Russian uranium in roubles (front or back door like you suggest) in their insane approach to all this. Their EU leanings might prevent this though. France and Germany are baulking at buying gas in roubles eg.
I suspect the late bky sp rally today reflected market concern that other commodities from Russia like uranium might have to be bought in roubles now too.
No they will pay in Euros to a Russian bank who will then convert the Euro's into Roubles.
What the Russians do with the Euro's is anyone's guess.
Might Russia insist on payment in roubles for uranium like is now proposed for gas? Might Spain be dumb enough to do this directly/indirectly (ca 40% of its uranium's from Russia)?
Would it be a good idea to get its own uranium from Retortillo instead?
..."Experts advise investors to keep in mind that the value is speculative and has little liquidity."
I am going to wait for if not firm news then at least talks about the permits required to start production. For now my uranium money is in AURA but BKY very much on my watch list.
I'm doing great, I did a big tour of bonny Scotland last year in July on the hottest day of the year.
Also went to Ullapool, Thurso and John O Groats and popped over to Shetland, nice holiday.
Hello Paul! Just had a bowl of chunky Gazpacho and it brought back memories of the BKY board of yore :) Hope you're doing well!
Ah Broxy old boy you're back ;-)
From the Spanish press today. There's little detail; still looking a bit speculative IMHO.
https://cincodias.elpais.com/cincodias/2022/03/24/mercados/1648113582_200792.html
looks very toppy as license was rejected. be careful here guys. blowing on hot air.
What a price 15p was to get in for those that had the nerve! This is a big move though even with Uranium prices high
Nice sp rise again. It's difficult to see how Spain can possibly continue to buy nearly 40% of its uranium from Russia, wrong in so many ways. It's sitting on its own reserves, ready for immediate easy safe exploitation, and legally, it should already have permitted this.
Does anyone know what is happening here?
We are the Berkley Energia boys and we are here, kiss your women and drink your beer.
Are we popping round our favourite posters house if the permit gets awarded and drinking some of his good lady's soup?
And it was the clowns in Moncloa themselves who said they'd source their remaining uranium needs from the international market. Stupid then, even stupider now...
Any way you slice this, economically, environmentally, or politically, it makes sense to green light the project asap.
P1D somebody clearly buying the rumour that Madrid will grant the permits this year.
I am not so confident and willing to wait for firm news.
A clever pitch to the Spanish people and the idiots they elected in Madrid!
Russian Uranium Bad......but Spanish Uranium Good!