Member Info for flundra

Time to buy maybe? Ask sub 20p, any OIA shares overhang clearing, reasonable to expect administrative appeal success? U fundamentals strong.

I'm perhaps wearing the same spectacles, but see ORM more as a coiled spring, a rapid response team on high alert ready to pounce as soon as the right opportunity arises. Hopefully we haven't been put away in the cupboard with mothballs, at least.

The important upcoming news is progress in the administrative appeal (judicial review) of the unfavorable CSN2 report. If BKY can establish it was unlawful (they're confident they can) it opens the door to getting a lawful (favorable) report and then permitting or a whopping great compensation claim.

Right PoC, but we're talking about many govts worldwide thinking about windfall taxation (or having already done it), and FiG often and most frequently takes its lead from the uk. BOR safe from any new windfall tax though imo.

Govt seem to be working on a package, involving going after big cash generative producers (BP, Shell etc) who are benefitting from o+g price rises and who aren't re-investing enough of that cash. And quite possibly only a one-off yes. BOR hopefully unaffected as they aren't producing, have no cash or income to speak of, and have invested lots.

https://www.hl.co.uk/news/articles/3-shares-at-the-centre-of-the-clean-energy-revolution?utm_campaign=EOWSI%20Share%20Insight&utm_source=AdobeCampaign&utm_medium=email&theSource=EOWSI&e_cti=1222076&e_ct=T&Override=1&deliveryName=DM22509

It'll come good. Think Buffett in the meantime.

The stock market is a device for transferring money from the impatient to the patient.

An update would be very welcome, and the lack of comms is frustrating, although there's perhaps nothing to say until a deal is struck. I guess our main comfort is in the fact that directors fees are being waived, helping preserve cash. Shareholders will have their view of the bod, and I'd rather wait for the right deal, than pursue any old deal. I'm encouraged by CGNR's progress, where McMorrow's a NED.

ORM went through an administrative appeals process in the same jurisdiction and it took several months. There can be appeals within appeals, so I'd say don't hold your breath, but as BKY's case is so strong, that should mean the process is shorter than it otherwise could be, with a good chance for a BKY win, and less chance of that win being appealed further, successfully or at all.

The SP seems to be holding above 20p, even though we could perhaps expect an overhang from the shares bought from OIA in the lawsuit settlement @ A$0.35 (approx 20p). That's assuming there were no restrictions on selling in the settlement purchases.

Politically, BKY's comments in the quarterly report about PP's pro-nuclear stance were interesting.

I share RWT's concerns. CellX is an ethical investment but in an unethical jurisdiction.

No RNS yet. Tells its own story.

Thanks Decolady. Yes that makes good sense.
Hey I should have been an accountant lol!

I think that's right Decolady1. Happy to be corrected but I don't believe there's a deemed disposal for CGT purposes on an all paper t/o. Your capital remains at risk throughout and the cost of your BOR shares stays with the new shares too.

share for s h a r e e x. c h a n g e

My understanding is that share for ************** on t/o is not a disposal for CGT purposes.

Nice rise. I agree with yobbo and slider etc. We may get an RNS, but for now no news is good news imo, because it suggests there's good news.

It's never wrong to take a profit but the real prize here will come when we see a pathway to development on half decent terms.

With HL it's basic elections satisfied in full and 18.744% of excess shares.

Expect news any time

Well at least there won't be an XR sit down protest at Darwin. Remoteness has its advantages too.