RE: My view26 May 2023 08:11
My take on last night:
It was a fairly archetypal Arthur performance. He spoke at length about the issues they've had with the field and safety related to high pressures. There's no doubt he's putting in 7 day weeks on this and emphasised that he's liable in the event of any serious injuries or deaths, so work is clearly predicated on this and safety. Seems apparent that they're getting on top of the field and expecting significant results from completion of GGS. JV negotiations continue and are hopefully likely to be concluded, though when is a moot point. This is clearly a massive and complex deal. Lot of angst about deliberate negativity and abuse on BBs and social media, which prospective partner does not like. Seemed to take on board plea for better and more positive PR and comms. Empathised with SH pain at being well underwater currently - 'so am I!' Clear antipathy to ongoing market manipulation by organised groups(ref previous 'box' trading) and thinly veiled desire to burn them. Consolidation again referred to as in relation to US market and potential benefits of being on it, rather than dilution.
So, overall, positive discussion, though still uncertainty re timescales around JV. Not showing hallmarks of 'lifestyle' company certainly!