Member Info for BlueGlow

Hi Gudin,

Re the exchange between Keith and yourself.

The prospect of paying a discovery bonus does not discharge PRD of its responsibility to inform the market of any significant development likely to impact the SP.

That it is being presented as a consideration in this context is wrong.

Similarly, the rules around MAR and disclosure are not being accurately represented.

These rules are not flexible at a companys convenience.

So for example, a company would be expected to inform the market that it is negotiating with another, including the broad aims of that negotiation.

It may be permitted to withhold a measure of information pertaining to that negotiation, IF, and only if, it can demonstrate that to make such information public would prejudice the outcome - whilst always maintaining an orderly market.

What it certainly can't do is impose a total news blackout on all operational progress.

Here is an example from earlier in the week by the poster MunnieTorx: Note the brackets are mine.

"Let them fully test all sequences, thin beds, connectivity, rates, pressures, MOU1 MOU4. Let them go on to discuss all this with onhym and Afriquia Gaz. Package it all up for the king and present it finally to shareholders (And if that wasn't enough already!) after fielding discussions with significant private equity, or else a multinational."

Aside from the fact that a lack news for the length of time necessary to complete all of the above would likely crash the SP, the suggestion just isn't practical.

In such a scenario PRD would not be able to control the information it hadn't released, punters would be operating in a false market, and inside trading would become rife.

Hi nom,

A good video, enjoyed it, thanks.

I hadn't seen this when i posted a segment of the same event.

Https://www.youtube.com/watch?v=dPR5W75z2lY

Hi mick,

I agree with you, the public need to feel protected, so despite all the injuries, i think the police were correct to do what they did, rather than simply spectate.

However, the police response needs to be seen to be consistent.

The optics of the police robustly tackling the rioters in Southport, in contrast with their approach in Leeds is poor.

The Leeds rioters similarly threw rocks and bricks at police, capsizing and setting fire to vehicles and so on. The police just stood and watched.

This contrast is only going to fuel the sense of injustice that some feel toward the authorities and increase the likelihood of further trouble.

This is the shocking moment youths holding machetes fought outside a theme park in Southend.

Six people have been arrested after the chaos erupted on the seafront and High Street of Southend-on-Sea on Tuesday evening.

Footage posted on social media shows a group of hooded thugs fighting with huge machetes in close proximity to Adventure Island theme park as police looked on at the chaos.

Dozens of park visitors were filmed fleeing the scene on foot in a desperate bid to escape the knife-wielding youths.

https://www.youtube.com/watch?v=eASd-z6qKkE

This is crazy!

Https://x.com/darrengrimes_/status/1818517647232843946

Note the BBC rightly feature this incident prominently amongst their top stories.

Those in attendance are appropriately described in the headline as "Rioting Thugs".

Thier actions are universally condemned and the coverage focuses on the damage caused to public and private property, and the injuries sustained by the police trying to protect the local community.

Whilst not directly comparable, the incident in Leeds, which appears to have been more heavily attended, with greater levels of damage and destruction, was relatively hidden amongst other minor news stories, with no picture attached to draw attention it.

The associated coverage seemed to focus on downplaying the events significance, with a view to pacifying an "angry reader".

Imo, this inconsistency is likely having the opposite effect.

Hi evi,

Its so terrible, its difficult to contemplate.

The environment in which it occurred seems to make it even more unthinkable.

Hi mick,

I understand there hasnt been much official information.

I did hear that the suspect was born in Cardiff, from Somalian parents i think it was. I dont know how reliable that information is, but it may mean that there is a muslim connection. Obviously the EDL dont need much encouragement.

Of course, it is perfectly possible to be a muslim and commit a crime, without the two being in any way related, but the EDL etc dont see it that way.

Link:

https://www.youtube.com/watch?v=n1v4Ovc0BQs

Hi Mick,

Hope your daughter is ok.

Gosh, its just one thing after another recently.

There was a fight in the Peak district too, doesn't look serious, but if you read the comments below the video you can see how things brewing, attitudes hardening.

Hi nom,

Yeah, i know the suspect is a minor, but its probably in the interest of public order / safety, if a judge could release some information to calm things, assuming it isnt islamist terror related of course.

Sounds as though crowds of men (white) have gathered around a mosque in Southport in response to the events.

Riot police are in attendance.

Flares and various objects being thrown.

English defence league are suspected to be involved.

Hey nom,

Some great info, thanks.

I know you hold, or at least take an interest there.

Afraid my DD only extends as far as big potential and a JV / buyout in the pipe, region etc - It was largely a chart buy, looks very oversold.

It did blip up a notch shortly after i bought, so i got that part correct at least :)

Intend to hold / add.

"At over 20Mt, Verkhuba is in the top third of this style of VMS deposit globally. With copper at close to $10,000 per tonne and the prospect of a low capex, open pit development, we believe the Deposit to be of considerable value. In the context of East Star's current market capitalisation, and upside from other regional VMS targets and copper porphyry exploration supported by BHP Xplor, East Star is in a very good position to create further shareholder value in 2024."

I agree with the above.

(From an Ops update earlier this year)

Tro,

Yeah, obvs im not in favour of illegal entry as a preferred route.

However, many of those using this route are not doing so with criminal intent. They are forced to do so by circumstance.

Having the ability to show compassion is a luxury rather than a burden imo.

Im not that keen on criminal gangs though, Albanian or otherwise :)

Hi Kenny,

Yeah, its a nuanced situation.

There are natural limits imposed by the availability of the infrastructure required to support incoming workers, obviously these limits have to be respected otherwise people who already live here, whether they were born here themselves or not, can feel their local services are being stretched.

However, both Lab and Con are keen to use growth as the primary driver for their economic plans. This typically requires an ever expanding workforce.

A balance has to be found.

Whilst inside the EU, the labor market managed itself to some degree.

Hi Kernny,

If asylum application process can be sped up, the applicants can earn instead of being forced to rely on state support. The situation at the moment is counterproductive.

Hi Kenny,

I cant figure it out, its the sort of thing a person might shout in support of someone. But i cant imagine they are enthusiastic Sunak supporters. Very odd.

Hi Kenny,

Re the video you posted earlier.

Im including a timed link to the clip.

Do you know why they are shouting "this is for Rishi Sunak"?

https://youtu.be/eXv81hp3Es8?t=212

Tro,

Sack the BoD!

lol.