The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
@baldmark it's not, and never has been, within America's gift to "give the Falklands to Argentina". As much as the UK may be influenced disproportionately by the US and their junior partners on many things, the Falklands' sovereignty is a non-negotiable morally and in international law (unless the islanders themselves change tack). Any British government meekly handing them over would be finished politically. As much as the general public may not care about the Falklands 99% of the time, that would stir something.
What we can do, however, is try to hold out the hand of friendship again to Argentina (if they want it) and ensure they get some benefit in terms of infrastructure/oil/revenues to smooth the path for what we might do on the O&G side.
Good find. Love the tie.
I think he was pretty clear that he was primarily focusing on US interests and the fact that the Soviets were backing the Argentinians. Also, as he stated, probably truthfully, he's not keen on "the settlement of claimants' property disputes by the use of force".
Applying economic/political pressure to persuade the British to reach a negotiated settlement with the Argentines over sovereignty and mineral resources which suits the current US agenda doesn't count as use of force. Hopefully, however, the fact that Argentina has signed up to the current Axis of Evil will align perceived US interest more with British sovereignty.
Oddly, given Joe's plastic O'rish roots, he was a keen advocate for the US siding with the UK in 1982:
https://youtu.be/3C9hxsRO7pI?si=G4nuv9WZVwbrYz5W
Does anyone else see the recent BRICS summit as positive for Sealion eventually going ahead:
1. Saudi joining reduces the available non-BRICS oil, making it more imperative to develop western controlled oil reserves. i.e. worth spending more political capital fighting the green lobby.
2. Argentina joining makes it less likely that America will decide to give the Falkland Islands to Argentina, however much Biden and the Democrats hate Britain.
Chessmaster1234، Good Morning / All,
Please keep posting. If someone doesn't like your posts they can use the filter, but
They won't cos they were born a kity-kat and still need brain....IMHO
£1 - £2 range will be seen *once the oil* is flowing from Sea Lion.... IMHO-DYOR
Good Weekend All.
Oscaindialoma
More so than Chessmaster!!
I find that hard to believe, he as he has stated has a superior mind. And has the power of Google cut and paste
GLA
Boboil
Ian and Gideon have better access to real FPSO intelligence.
Patience.
Chessmaster,
You do know the FPSO won't be drilling anything don't you?.. drill rigs and drill ships do that.
That said, I would expect FPSO and drilling rig LOI news to be announced close together along with finance and fid. Probably all within 3-6 months of each other as one is dependant on the other and all plates will be spinning at the same time. Each one being announced should make the next both more likely and easier to negotiate, but all will be bubbling away as we speak in order to hit 2026 first oil... any one of thoes bits of news could come first (other than FID) including a farm out or even vendor participation agreements for subsea (but less likely as fpso detil dependant) etc.
"FID is expected in 24 so this suggests the announcement of a LOI on a leased fpso should be landing anytime now as it will take another 12months after the LOI to sign the full fpso leasing contract and then let's be optimistic and surmise the vessel requires minimum refurbishment and it's done within a year, then 3 months to deploy to Sea Lion means If an fpso LOI was announced today, its reasonable to assume it will not be drilling in the South Atlantic until the end of 25 and that would just about correspond with Navitas's stated timescale."
IMHO
BB3
Someone’s making stuff up again
Is it MD or Chess
It was written to sound believable so must have been Chess
Back peddling already
GLA
Boboil
And a signature misspelling of the name Chessmaster as Checkmate. Can’t resist can you CitizenTS?
Chessmaster
I have worley for one of the big FPSO companies for years and never heard of them taking ANY stake in the project. They get paid a day rate adjusted for downtime etc.
Citizen, Chess,
I believe PMO and RKH were trying to secure vendor financing previously to get this over the line. With banks and investment funds shying away from oil and gas it seems all the more important than vendors put some skin in the game, as if not, no project will get off the ground!
Incidentally I read today that even France is reversing on its coal use as part of its “Energy Security” remit.
LTT
Good stuff chessmate if I may say. Who knows when or what Navitas will announce. But I'd add it really is not normally part of a rig or fpso or any oil equipment leasing contract for a stake in the field to be on the table. Interested to see your comment though 'cos have thought for a while that a modest slice of Navitas' stake might well be part of this deal.
"Straws in the wind" as they say, but who knows.
Thanks for the reply,clears matters up,must have deleted message without opening,much obliged.
‘Oh my a spelling mistake, Mogger’. Must be deliberate … we rampers spot Freudian slips like that. Must mean they are negative and want the SP to fall.
Get this into your thick skulls: Nothing would please me more than to see Sam and Navitas pull this out of the fire. I hope the SP falls no further.
You’ve been rumbled boys !!
Ahhh the CitizenTS/Mogger tag team …. Almost like a little gang of tampers …. Oops is that too close to the truth ?
Spelling is faultless, it's the correct meaning as written, of course, when it comes to what the writer's unconscious knows only too well about subject.
Yes lets all make fun of my spelling. I have never once said I am anything special
From the ghastly godders/Overleveraged, 17.43 or thereabouts yesterday, note the "cant" when, presumably, the opposite was to supposed to apply - errr, at least for other people!!
"#Mogger you have a point. Anyone investing here should only invest money they cant afford to lose. And this is partly why i rant - to ensure other fools dont get suckered in.
Re calling Sam. He knows who I am and i have embarrassed myself on this board ..."
Or you are being evasive ? I know which I think and I am pretty confident of the reason too.
Decidedleaverage, clearly we don't speak, or write the same language. You need to go back to school.
Overs I quote your response to my direct question 'in answer will come, but like all the rest, when it's ready and not before.' 23rd Ug 10:22
Decidedleaverage, please produce my post which said 'things will happen when they happen'.
Silly Boy, Ovets, silly boy.
"£20 or 20p" was the quote...fk me - the irony of the present sp to that quote is quite funny to me.