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ANY one know the time frame on the ml yes or no ..Hopefully yes as a few are getting down here .. I can understand you guys i been there loads of times with shares and some very large write offs
Hi Guys, a decision on the ML is months away, not saying this timeframe is an indicator of whether it will/won’t be issued, just that this is the length of the process...
The share purchase by the boss of the gas storage project, as announced yday, should be a confidence boost to all. She will have undoubtedly attended all the public meetings and had untold contact with the decision makers. Given a prelim authority was granted way before the public consultations, the decision should not take long.
Surely not months away - MAX TWO MONTHS imo
Hi Lottie, it may be worthwhile you contacting DAERA re timeframe. It is my understanding from meeting with them that all responses to the pc from stakeholders & public must be read, considered, ensure all questions answers & matters arising addressed. Further information may also be required. After this the competent authority (in this case the NIEA) have to compile a full HRA (infa have done a sHRA). More work to be done imo, but please contact DAERA re timeframe & of course dyor.
Hi Lee. Yes, much to be done, I agree. However, in my experience as a low level politician, in the past, the public are like empty vessels. They make noise at first but then are too lazy to get involved. I would imagine only a few negative issues were repeated time and time again. Significant work has already been done on the overall impact of the project. My personal opinion, one that has convinced me become a shareholder recently, is that this government is committed to bringing jobs to the regions, which this will certainly do. Additionally, our commitment to remove all coal fired power generation by 2025 (only 5 remaining plants) puts further pressure on the time needed to get this type of energy securing project delivered.
Hi Lottie, you are perfectly entitled to your opinion & I respect your view. However the process is what it is & many a project has fallen down on procedure, so imo this one will proceed carefully with DAERA as a neutral party, neither for or against the project. What you say about many people having the same issue to be addressed could well be the case, but it only takes one single issue that needs clarification or a single point of law that needs addressed for any process to take longer than anticipated. That is why hard to say how long the process could take, as many unknowns, but months is what has been indicated. All imo ...
Hi Speedy, have you emailed DAERA yet to enquire over the time frame? I’m not making any assumption here on the outcome, just answering a question of time frame...
Timeframe will be dependant on the KEY stakeholders, process will be followed but things of importance can be fast tracked.
Hi Tango, all information submitted must be carefully considered by DAERA. If a pertinent issue is missed then any outcome could possibly be open to legal challenge imo. I strongly suggest contacting DAERA on time frame of decision making process ... always best to dyor.
what is pertinent to you and what is pertinent to DAERA is probably miles apart, But I am sure you will do your best.
Speedy- she is flogging a dead horse for me and a good majority of here earlier clan have now come to their senses.
The project will bring hundreds of jobs safegauard H&W and help with much needed improvements.
Speedy, feel free to ignore me, I just suggested you dyor & email DAERA to get a better idea of time frame instead of speculating on this board. If you & others don’t want to do a bit of fact finding, that’s up to you ... go well all today ..
I understand and totally respect the need for facts. I always research and respect others that do likewise. However, these organisations would never answer direct questions from mere members of the public, especially when those answers could be construed as price sensitive. Sadly, when dealing with government organisations, speculation is all we have. That is the nature of investing in speculative companies such as INST. I wish you well.