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....These are the words of the day,folks .
Just to recap my humble opinion about the share price this week so far.The 3 problems arising:
1. The new discussion about the precise position regarding the Marine Licence.This was draft til FEED was was in.Model tests have been done and these have come up well within acceptable limits for discharge even with a sensitive coastline.The tests are with DAREA and they are now simply answering questions that the publlc have every right to raise and as a Government body they have to be seen to be answering in opaque and honest manner
2.The new rather unexpected vocal level of concern with the public about the project.The advance of the project under JW and his most professional team has been in the public forum for nearly 12 months now ..Those concerned have suddenly woken up to the fact that the project IS viable one way or the other and will happen,that we have E.U. and Government backing (with a significant investment already) and with enabling works about to commence and
3. AIM !! ---
Confidence and Patience are needed by all.so stay calm through choppy seas ---I still am for sure. Setanta has a point about the lack of RNS .This WILL come,be assured, and it WILL be positive as I believe that the fundamentals for this gem have not changed one bit lately or at all! So there.
and I should add that it is only my further humble opinion that the tests are good for DAREA ..otherwise they would not have been submitted -I have no actual knowledge of the tests but am totally confident as always with JW &Co !!
David, just to amplify your posting. When outflow was discussed at the AGM, JW was very clear about limits on discharge levels which he said would be a determining factor on achievable progress rates for caven creation. Thus he was looking into opportunities for separating out the salt, thereby potentially facilitating higher discharge levels of reduced salt content. I have no doubt he is on top of this.
Also a near identical project in Cheshire is on a similar scale and uses the same methodology. That project is managing to deliver perfectly well at an inland location.
JFK You are so very correct .I was at the AGM and we met You are spot on the point. it will be much more efficient and cost effective to discharge the brine at sea though..JW is also looking at Salt Trading as a safeguard and is looking into it..he is a Seasoned operator !! sorry .
https://www.larnetimes.co.uk/news/business/energy-company-to-host-residents-surgery-days-1-8836342
I worked on major projects of all types as an environmental engineer and can tell you we do have the tech to comply with the saline discharge limits and could if necessary work out alternative disposal options under the BPEO process, best practicable Environmental option. Critics and eco-hypocrites will say anything to derail good honest hard work to create businesses.