Origin768
I don't think it works like that. Each individual acre is only 22% owned by FOG ... they can't just chop bits off and sell to a third party. If that WAS the case then FOG could just pick the best blocks to sell.
It states that Hargreaves Lansdown Asset Management Ltd. hold 29.23m shares.
Are they totally for HL or does that include all the shares that it holds on behalf of those people that hold RKH shares in an HL account ?
Many of us on this board have been waiting 10 years or more for things to start happening with Sea Lion and it could be another year before things really start to progress. But one consolation is that it is a well known scientific fact that time goes faster as we get older ... one exception is time actually goes slower when waiting for a bus.
Https://www.express.co.uk/news/world/1876630/argentina-falkland-islands-new-port
If Sea Lion ever does take off, perhaps we should hold a party and ask Paul McCartney if he'll come and sing 'Here comes the Sun' !!!
https://www.youtube.com/watch?v=KQetemT1sWc
The Minister states "I am clear that the UK cannot remain in an unmodernised Treaty that does not align with our unwavering commitment to energy security and net zero.."
'Energy security' and 'net zero' don't belong in the same sentence.
I started this thread with a question so does anyone know the answer ?
The 22% of Beetaloo is owned by Falcon Oil and Gas Australia.
Falcon Oil & Gas Australia Limited is a c. 98% subsidiary of Falcon Oil & Gas Ltd.
Question :- Would the whole of FOG be up for sale or just the Australian subsidiary ?
A lot more people ( including me ) will be using 'Bed and ISA' if they read the same report in The Times newspaper, as I have just done. I had no idea this change was coming in a few weeks time.
"How much you can earn before paying capital gains tax changed on 6 April 2023. The government cut the threshold from £12,300 to £6,000. The allowance will be cut again to £3,000 in April 2024."
The few shares I have in my trading account from the warrants will now be moved to ISA.
Sorry ... wrong link
https://www.express.co.uk/news/world/1866876/chinese-football-fans-messi-hong-kong-match-inter-miami-falkland-islands
BorntoBouggie ... That Seeking Alpha report is fascinating reading ,,, I particularly like the possible 27 bagger comment.
https://seekingalpha.com/article/4504434-beetaloo-shale-australia-marcellus-play-falcon-origin-focus
Interesting article re deploying an FPSO.
https://www.linkedin.com/pulse/challenges-facing-north-sea-fpso-redeployments-alex-parker