Member Info for jockosjungle

I’ll let you know in two weeks but I’ve not heard much bad about the food on Iona. People do rate the fish n chips though.

Losing money (or indeed winning) is a great way to get free stuff. My mate lost $20k in vegas, more than got his money back over the years in freebies

Going to Norway on IONA. I think Cruise ships are a decent investment, they seem to present good value and when people start going on cruises with a "not sure its for me" attitude, once they've been they seem to only exclusively want to go on cruises after that. My in laws did this (as did my brothers in laws), they only went to see the Northern Lights and were adament they didn't want to be cruise people, they came off the cruise having booked another on board with the people on their table. Which is odd, considering having to share a table was the reason they didn't want to go on a cruise.

My view is that myself and my lad (wife and other cannot get out of school) can go on a weeks cruise to Norway for less overall than it'll cost us to go camping for a week in the summer.

Don't think I've looked forward to a holiday this much in years.

Can’t believe it came back so quickly, didn’t even have time to add some more. Going on my first cruise in two weeks so owning 100 is a no brainer. £60 credit added with no hassle.

So can’t see me ever selling, if I like the cruise life that is.

I don’t think they will be cut anytime soon, people got used to 0.25% and will have to get used to 5% I think. I don’t think global inflation is going anywhere and even getting it down to 5% which will seem like a victory, isn’t really.

I’m on a 10 year fix at 2.69%, I’m feeling like a genius who foresaw all this. In reality I needed a long term fix three years ago due to job uncertainty (made redundant and then working abroad) and until a few months ago, I was paying through the nose for it.

I also took out a modest mortgage I could afford if rates did rise, Halifax were prepared to let me have a sum I don’t think I could have afforded to pay the first instalment of.

Tories are out at the next election regardless, happened in 1997. People just get sick of them.

Not going to lie, I bought in initially last week to get 100 shares for some free cruise credit, but bought considerably more than that as it's looking really cheap, considering how well cruises seem to be doing generally. So if I enjoy the cruise, I will probably just be a long term holder, unless there is another pandemic, I can't see losing money at these levels.

Seems a ridiculous standpoint, the Russian war has shown that we rely heavily on oil and will do so for many years yet. All we now do is buy the oil we need from dodgy countries. So all they seem to be doing is committing to Russian and Saudi oil for the next 30 years.

Can’t see anyone getting rid of the added tax.

No need for a takeover, with all their buy backs as this level and me averaging down all the time, soon I’ll be the only shareholder.

Disappointed in the share drop, but I will say this, ITVX is an excellent platform. The adverts are fairly non-intrusive and I'm not a paid subscriber, I can handle a couple of decently placed ads every 20 minutes or so. I am tempted to subscribe because there is a lot on there. Can't really see how advertising on the main platform isn't going to be a bit of a slow decline, tbh. I can't remember the last thing I watched on there with adverts, I'd guess a football match.

With the Falkland Islands oilies I've always looked at them as a % chance of actually getting some oil out the ground, with it changing here and there based on the information available, some of it the minutia that takes place in the FI (visits, changes in personnel, etc.) and also the wider stuff. They're all a bit of a long shot, I always had ARG (backed by my 80% loss in value) as having about a 1% chance of actually drilling oil. Possibly with new owners, I'd make it a 3%. A long shot certainly, but worth holding onto my worthless shares.

The reason for the spread is fundamentally nobody is buying or selling (as usual), I have £36 in my freetrade account, I wonder how much I can influence the share price?

Small piece on the Navitas visit in Penguin News, looks word for word lifted from the press release.

Can't see the need for an RNS either, it's just meetings after all and mostly some else's meeting. As for the government, it's not really their project to push so can't see them doing too much more. Presumably they have meetings all the time.

FIG has a facebook page if you want to follow their press releases, to be honest most of them are largely mundane drivel about tin can collections or pharmacy closing times. I also get the pleasure of reading them three times as they also post them on the FI community pages.

FIG released a press release confirming the Navitas meetings and being a bit positive about the whole thing. Got to be generally positive for everyone.

So probably something in the Penguin News this week, if they choose to consider it big news (most press releases make it tbh).

Fundamentally MT said the same thing (with a few remarks not in the press release), I also said prior to the meetings that they would be in the FI and gave the names of the people coming. I don't speak for MT, but I was personally quite offended that some on here would choose to call me a liar especially when it was clear that those saying so had no idea at all. I'm really not sure what proof people expect when information is proved, they've clearly never been to the FI or understand how it works over there.

Can't see this press release says all that much except they were there and there still seems to be a general desire to do the project all round. I see there being a bit of positivity for a fair few FI shares, I see FIH seem to be on the rise also

PRESS STATEMENT
14 March 2022
Navitas Petroleum visit Falkland Islands
From Monday 27 February to Friday 3 March a team from Navitas Petroleum visited the Falkland Islands to meet with Members of the Legislative Assembly, the Falkland Islands Government and the Foreign, Commonwealth and Development Office.
Their visit was to learn more about various aspects of the Islands, the MLA’s Islands Plan, especially in relation to hydrocarbons and the environment, and to discuss the Sea Lion project after the Navitas farm-in 6 months ago.
Chair of the Legislative Assembly, MLA Leona Roberts said: “We welcomed the opportunity to meet with the Navitas team to discuss the Sea Lion project. Our discussions were positive and expressed our Islands Plan commitment to exploring project plans, in an environmentally conscious way, which could secure lasting benefit and opportunity for the Falkland Islands. We support the development of Sea Lion in principle, subject to required formal approvals, and remain keen and committed to continuing discussions with the team on how this project could develop. Regulatory approval for the Sea Lion project to proceed will be considered by ExCo once the project has matured further. Navitas also held a very successful meeting with members of the business community at the Chamber of Commerce, in which there was clear commitment to working with local businesses as the project develops.”
Chief Executive, Andy Keeling said “The enthusiasm and can-do approach of the Navitas Team is very evident, having face to face meetings has been invaluable. Their commitment to Sea Lion and to working closely with FIG has been very demonstrable and we look forward to developing this further, through joint workstreams over the coming months.”
Chairman of Navitas Petroleum, Gideon Tadmor commented: "Our team presented the significant progress made, built on predecessor’s high quality work, towards Sea Lion’s Final Investment Decision. FIG’s collaborative approach and support will enable us to accelerate the development of Sea Lion to the highest practicable technical and environmental standards. Sea Lion is a win-win opportunity which can multiply and diversify the Islands GDP, benefiting many generations to come, and furthermore underpin fiscal-independence and self-determination. We would like to thank the MLAs, FIG, FCDO, the local business community and all other Falkland Islanders for their warm hospitality in this unique place.”
****
ENDS

Nasty Nick and helicopter advert.

Where was this advertised? There are laws about advertising in the FI first so short date might just be to tick this box

Not sure what is moving the price, this one has snuck up on me and looking at a nice profit currently on my average.

"So, doubts need to be posted ASAP, then those still wanting to buy shares can make their own minds up."

Just going round calling people liars who are posting information that they are providing in good faith to people who wouldn't be aware otherwise isn't helpful and I imagine people will keep it to themselves. If you know the information to be false, then fair enough, but in reality the people who have claimed that these meetings haven't took place, are basing that view on absolutely nothing - truth is they've no idea whether they took place or not.

Meeting with Navitas definitely did take place last week and I imagine the meeting referred to where more chairs were needed I'd guess was the same meeting I was invited to (I don't imagine it was a free for all, I saw nothing advertised).

If you have evidence to the contrary then please explain it, I don't believe the good folks at Penguin News will respond either way, I guess they have better things to do. If there was more to the FIG meetings and some outcome is announced, there will be a press release - it'll make a change from the press releases about tin cans.

I'd note on a more general basis, that much of the FI gossip regarding oil I read on here is definitely true (my old job prevented me adding my tuppence worth), I recall people didn't believe Sam was in the FI a while back, he definitely was and that was confirmed.

But plenty turn up in the FI for meetings and so forth, I cannot imagine that 99% of it makes the papers, most of it is deemed "not interesting enough." Two farmers in court having a drunk fight over a gate gets a full page, big court cases related to oil tax don't even warrant a mention.

Penguin news comes out on a Thursday afternoon and is fundamentally printed a few days before except for the front page fold. Might be in next week. They were definitely in the FI this week so seems likely they may have a public meeting.

Not sure why it’s be breaking news to the FI? “Men have meeting”

It's possibly a coincidence, I don't recall a single incident of any co-operation in all the time I was there, mostly stopping flights and withdrawing from this and that. I don't see it massively makes a difference to Navitas, they've already been banned from Argentina. Might make the UK government a bit less likely to appease them so much.