Member Info for CUPHALFULL

@ troubledseller - " How can Miliband stall both Rosebank and Jackdaw while purchasing the essential resources from Putin "

Thats easy - Milliband has no idealogical problems helping the economy of Russia, only that of the UK.

Ask me another.

JS - I've been in since Dec 22 - so a new boy by some standards - but its not over yet.

@ JS - " Seeing your wealth erode on a daily basis is too much ." - It is notable you no longer see price falls as buying opportunities and today's price is indeed uncomfortable, but as someone on this board stated quite a while ago the price will fluctuate between now and the draft FDP being submitted - which when we should worry if the SP is 88p in response to that event. The current price drop has been caused by a 5% holder unloading, probably a large trader who now sees no quick pay-off and switched to something else. UBS was not necessarily the holder, but the broker and has been handling 5% in and out transactions before.

JS - I believe they have lost the FPSO ?. - JS that sounds negative, but weren't JOG looking at alternative means.

Isn't the Bill about blocking new field exploration - obviously general sentiment is affected, but aren't JOGs plans uunnaffected

AI can be wrong - as it warns.

Starting another GoogleAI session now produces similar but significantly different version of the 2026 Autumn Budget issue.

AI now reports there have been no Treasury leaks/noises but the Serica reported statements are accurate but have been issued as a pre-emptive warning to the Government/Treasury.

Re Milliband, google AI suggests that - on balance - there is every reason to be optimistic about JOG clearing the Milliband hurdle specifically - not just the regulatory hurdles.

However it is less optimistic about the upcoming Autum Budget suggesting Treasury leaks to the effect that Capital Allowances in the industry could be abolished, causing Serica to warn the Treasury that that would spell the end of the Buchan project and much else as well.

@EA - " Should I be more worried about Miliband (Ed of the variety) banning bacon rolls than not allowing North Sea oil and gas production "

Well video of him eating a bacon roll should certainly not be allowed on TV before the watershed, and then with one of those warnings about 'containing explicit scenes from the start'

Thats interesting, but didn't someone on this board a little while ago point out that UBS had their own reasons, not necessarily confidence in JOG's venture,

to be doing a sort of ongoing hokey-cokey re JOG shares

Poortiming: Not sure why you mentioned the brother Milliband;

If you go back 40 years to Michael Foot & Co, the lefty Labour Party were rejected, But being closet Stalinists there is no way they will ever simply accept being rejected. So they pretend that it was because they were ' Not Left Enough' which gives them a pretext to hang in there and continue despite the fact they have been democratically rejected by the majority of the population, And so they go on, time and again to the present. It couldn't be more clear the population do not want hard-left policies ruling in the UK, yet the current Labour Party will pretend that a harder -left stance is what the electorate now want and will go and do what suits their ideological intentions anyway - I come back to my point that it is the Conservative Party that gave us this Labour Government - thanks Tories - dont call us, we'll call you, but unlikely, never again.

I think the unions are a consideration - Starmer and Milliband are impervious to union presure - that doesn't mean the others will be.

DivaCentre: I must disagree on the general point - responsibility for the 400+ seats Labour gained at the 2024 General Election lies directlty at the feet of the then Conservative government, due not to the electorate's attraction to Labour but their revulsion at the Conservatives. Everything flows from this overwhelming Labour victory, but in general very little is of any great surprise than could not have been predicted in 2024. Not once did the Tories consider the national interest while conducting themselves incompentently and the need to prevent an overwhelming Labour victory. That you would have thought was the main raison d'etre of the Conservative Party, but by that time it was barely recognisable as centre right party anymore.

A Burnham ( or even Streeter) PM is much more likely to listen to union wishes regarding the North Sea O &G industry, than a Starmer PM frightened to overule Milliband

@ JamesSimon - " Problem with this Marxist government they have too much power "

We've got the Conservative Party to thank for Labour getting 400+ seats and absolute power in the House of Commons - we should never forget that . Sunak was a disaster as a Chancellor and as PM - his commitment to the Country is questionable as well.

@JAS78 "........... the destruction seems purposeful. "

Agreed . Across a wide front of issues the decisions appear to deliberately go against the interests of the Country too often to be mere incompetence.

Its taking so long to get to FID and this 537P, that I'm not sure that if I'd put my initial investment in a Nat-West deposit account paying 1.85% interest p.a.

that the final result might not have run the eventual JOG pay-off to a close thing.

FID now predicted 2027 - did I imagine that the last prediction was ' late 2026' ?

@JS - " If you look at France when Macron suffered heavy losses they called in an election ."

Back bench Labour MPs would have to go along with a motion of No-Confidence in the government - do turkeys vote for Christmas.

They'll be in no hurry to give up a £95K job where they can choose their own hours and how much work they do.

PTB - I think Trump does not care and he moves quickly to his next target/‘win’.

What will be next?

GREENLAND - that will suddenly pop straight back into his head, forgetting that he's already had a bash at that one.

" The energy shock from the Iran war is ‘more serious than the ones in 1973, 1979 and 2002 together’, the head of the International Energy Agency has warned."

I dont see how that can be - in 1973 OPEC quadrupled the price of oil overnight and then that became more or less normal price - western nations all had to adjust and within 12 months I believe inflation in the UK hit 25% - it doesn't look like anything of that magnitude is happening.