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LONGWAIT,

All we hear today is "Black Lives Matter" when a criminal dies getting arrested and the world goes into apoplexy but as you rightly pointed out there is a spate of WHITE farmers being slaughtered in South Africa at the moment and nobody is talking about it.

Your comment led me to check it out and I find the following article which proves you are right. There are plenty of others but this one is current.

https://www.iol.co.za/mercury/news/da-condemns-spate-of-attacks-against-farmers-across-sa-49617880

The issue for white farmers in South Africa and also in other African countries is that they cannot sell up their land, leave the country and take their money with them. The ANC in South Africa precludes them from doing that. Since these farmers have no other assets other than their farms where can they go to start a new life with nothing?

I have a friend whose family ran a very profitable property in Rhodesia until Mugabe made a basket case of the country and like that their land has been appropriated and they now live in utter poverty.

So, "White Lives Matter" is just as valid as "Black Lives Matter" so good old Healy-Rae and his mantra that "All Lives Matter" which got him into trouble is not too far from the truth. And his critics come from those deadheads who want to try and run this country - God help us. But I am afraid God is out to tea and has missed this point.

https://www.irishexaminer.com/breakingnews/ireland/danny-healy-rae-and-cork-td-michael-collins-criticised-for-saying-all-lives-matter-1005739.html

SirNigelW,

The blockage in the Irish government at the moment concerns the Irish Seanad which is, in effect the upper house, like the House of Lords in the UK. And like the House of Lords, it has the final say on any new legislation that is passed by the Dail.

The Taoisach has the right to appoint 11 senators to the Seanad but he is not allowed to do that if he is a caretaker as Veradkar currently is.

Other than his eleven appointees, there are already 48 senators elected with Veradker's picks so technically they have a quorum so they could go ahead without the eleven but Veradkar says they cannot. There is a court case next week to decide if this is correct. I believe it is on Wednesday.

If Veradkar fails that case there is nothing stopping the coalition falling apart and we could head for a new election as we can have a caretaker government 'til kingdom come and any legislation passed during the stalemate just needs to be reintroduced when a new government is finally formed.

Your point re South African farmers raises an interesting issue "why are non-whites in Africa such lousy farmers?" Interesting program on TV the other night which says all tea in the UK comes from Kenya. I presume the same applies to Ireland. So even if we have a no deal Brexit at least we will still have a cup of tea.

The document they drew up is so woolly that they will never get any of that enacted because they will have to put it to the Dail and you will find some of the FF and FG will vote against it and so will the independents. They are nearly all country TDs and have no intention of leaving the "belching cows" brigade harm agriculture now that Trump has kyboshed the tax incentive for American companies and there will be a hefty national debt bill to pay for coronavirus.

Not only that, but post Brexit when Ireland is supposed to have a EU electricity supply, rather than a UK one, linked from France which is going to cost €1billion that will certainly not be up and running before 2025 at the earliest. Barryroe could be pumping out gas and oil well before then.

I see the new potential government is going to have twenty junior ministers running around like headless chickens with the Greens having four. When you consider there are only twelve "Greens" and they have seven combined ministers and junior ministers, the other five are going to be rather upset whoever they will be.

Friday morning I am entertained by the "Ask Audrey" column in the Irish Examiner. Today is no exception. Here is "her" take on the Greens.

"My cousin is a bit of crack even though he’s big into saving the planet. I said, what will the Greens do with hot-tubs? He said, picture themselves having sex in it, just like everyone else. #EamonRyan #MentalImage,"

Read and listen to the whole column at:

https://www.irishexaminer.com/breakingnews/lifestyle/features/ask-audrey-my-friend-works-for-tourism-ireland-we-call-her-diddly-ei-leen-1005991.html

Greens are looking "greener" by the day.

Vote will be taken Friday week and with 3,200 members they will need 1,067 to vote against it for it not to take place. Given that there are 600 "Greens" in Northern Ireland who could not care a fig about a government in the south and who, it seems, do not like the deal they only need 500 dissenters in the south and this will fall flat on its face.

As the die-hard Greens say, "the deal is too woolly". What did they expect when it was drawn up by a pack of sheep.

https://www.irishexaminer.com/breakingnews/ireland/impossible-to-say-how-green-party-vote-on-government-deal-will-go-1005836.html.

It seems the composition of ministers for the Dail will be six each for Fine Gael and Fine Fail and three for the Greens.

Our main worry at the moment is who will be minister and junior minister if a new government is formed with the Greens.

We have now been waiting months for the approval of the Exola scan and I expect that is being held up while we wait for the new government appointments.

Since there are normally 15 ministers, I expect at least two will be "Green" and I am sure they will be looking for one of those to be DCCAE as it is closest to their hearts. After all, in a previous government Eamon Ryan was minister for DCCAE between 2007 and 2011. He might want the job back again. And Alex White, Labour, who was minister before Bruton was not the most forward looking either.

So, hopefully, the Green party will reject the government and they will have to start all over again and failing that we don't get a "Green" as the next minister for DCCAE.

With 3,000 members and a two-thirds vote needed to approve the new deal, there is the possibility the new deal will be voted down. When you are Green you have to be true green.

https://www.irishtimes.com/news/politics/green-party-negotiators-at-odds-over-merits-of-goverment-deal-1.4280991

Come on Sinn Fein, give us a true socialist country and we can all go to hell in a basket.

What a load of waffle.

Providence need have no worries about developing Barryroe based on this claptrap. But what did we expect? Ryan wants to be in government and the other two were between a rock and a hardplace.

As for Shannon LNG, I believe Hess sold it back in 2016 after they got peed off by the NIMBYs and feared another Corrib which seems to have come to pass given the length of time they have been arguing about it.

So we are back to the old canard regarding Moneypoint where the LNG terminal gas was supposed to go. Instead of American fracked gas they have to put up with that nice Columbian coal that comes across the Atlantic so the transportation costs are probably similar and if anybody can convince me that there is more pollution in the LNG than in that Columbian coal then I will join the Green party.

And, furthermore, when the Columbian coal comes ashore it is crushed into powder before it is trucked and dumped into the boilers to create electricity so there goes another load of energy resources adding to the waste and the pollution.

We seem to have entered the land of "One Flew Over the Cuckoo's Nest", I am afraid.

https://www.irishtimes.com/business/energy-and-resources/providence-says-barryroe-would-break-even-with-oil-prices-at-26-per-barrel-1.4277720

There is an extra "." The article is one of many but try:

https://www.theguardian.com/business/2020/apr/25/fracking-america-boom-founders-prices-demand-collapse-covid-19

As usual ps200306 you are talking out of your a**e.

I checked my facts before I wrote that. If you had done the same you would have read articles such as the following which totally contradicts your statement.

https://www.theguardian.com/business/2020/apr/25/fracking-america-boom-founders-prices-demand-collapse-covid-19.

For example, one fracking company has debts of $9 billion and has only $700m capital. They have filed for bankruptcy protection but what chance have they got?

Next time check your facts before you open your big fat mouth.

There is only one question that should bother us and that is "Are SpotOn a genuine partner who will agree a deal?"

For the rest of the doubters, why are you calling Plunkett and Linn liars? Why do I say that? because the following is written in the AGM report which is subject to "insider trading".

" more recently, because of the Government’s climate action agenda and the introduction of gas only exploration licences for new licence acreage. The Government confirmed in December that existing licences remain unchanged with exploration for and development of both gas and oil permitted."

So where does it say Barryroe will never be developed? In fact, it says the opposite. The only doubt still about Barryroe is the old canard "is it compartmentalised?" Prove that it is not and at some time in the future it will be developed.

And American fracking companies are going to the wall which makes the bullding of the LNG plant in Clare obsolete because it was American fracked gas that was to be stored there. Latest report from the US notes:

"It is the latest of more than a dozen heavily indebted oil and gas businesses to seek bankruptcy protection since the coronavirus pandemic took hold".

If the coronavirus lock-down keeps up for a few more moths they will all probably be out of business because fracking is a very expensive enterprise and if you cannot sell the stuff you will go bust.

Perhaps people mouth off before they check the facts.

I don't disagree with SirNigelW but the EU does not apply the rules evenly across the board.

For example, there are major benefits in setting up holding companies in Luxembourg where there are negligible or no taxes. In fact, Luxembourg, among others in Europe, is definitely a tax haven an accusation they are happy to make against Ireland but shut their eyes to worse abuses in their own backyards. And what is the population of Luxembourg? 626,000 people, about half the population of Dublin, and it, like other midget states in the EU, has full EU state representation with all the benefits they can give it.

And here is the EU having a go at Ireland for the way it has conducted itself economically over the last decades only to find it has turned a blind eye to worse abuses in other member states as is clear from that list of competition cases I listed.

It is not a level playing field and the EU is in for a major shock when Britain leaves the EU because the UK will be giving similar or better tax advantages to Northern Ireland, Scotland and possibly Northern England who will then be in direct competition with Ireland with tax benefits than are currently available in Ireland and the EU can squirm but it will have no ability to stop England doing it.

Do you know that Ireland has a fishing quota each year for 1.1 million tons of fish worth about €1.2billion. Last year, Ireland landed fish worth €290m which is about 25% of its quota. Now why is the Irish fishing industry performing so poorly? Because there is no funding from the EU because they want all the fishing rights for themselves.

As I say, it is not one rule for all in the EU. It is biased in favour of France, Germany and a few of their pals to the detriment of countries like Ireland which is why they are causing trouble aka Apple.

It is a pity Ireland suffered its Celtic Tiger demise otherwise I would expect we would be leaving the EU along with the UK.

Yes but just because Ireland charged lower corporation tax than other EU countries and hence attracted major American corporations it got up the nose of the EU where many of their members were also using similar tactics.

Do you know how many competition cases are up for debate in the EU? Have a look at the following list and then say it is not stupid.

https://ec.europa.eu/competition/elojade/isef/index.cfm?fuseaction=dsp_sa_by_date

Yes, the Vestiger case against Apple is quite interesting. If she wins the case, Ireland get $15 billion windfall. But both Ireland and Apple say she is wrong and Apple did not get special tax treatment from Ireland.

So if she wins her case, Ireland get a windfall but if Ireland and Apple, who say she is wrong, win the case it ends up with Ireland getting nothing and Apple gets a hefty $15 billion which currently sits in an escrow account waiting a decision.

Its so ridiculous that you could not make it up.

Longwait,

Magic. They corrected the item last night and put out a new message without the 3m error which I gave the link to this morning only now they have reinstated the item they put out originally with the error.

They must be on the Guinness or something stronger.

Longwait,

You will notice if you follow the link you have given that the text in your item is not now included.

They did a hasty job and correct the mistakes identified in your piece.

https://www.irishtimes.com/business/energy-and-resources/providence-resources-reports-26-8m-loss-for-2019-1.4269849

I see the later article from the Irish Times does not mention the amount SpotOn paid other than to say that the second tranche has come through.

https://www.irishtimes.com/business/energy-and-resources/providence-resources-reports-26-8m-loss-for-2019-1.4269849

I have discovered what is wrong with ps200306. It is not Providence but his investment in SOU.

Note:

I'm also (very cautiously) optimistic for the long run, and have topped up 3.5m shares in the last number of months. But I think it could be a five year wait. Consider that it's heading for four years since TE-8 planning began.

But back last year he wrote

" I've bought more shares myself recently, it doesn't mean I have a scintilla of faith in the CEO.
seeing as I have bet my shirt on this (when share price was 19.5p. Price today 1.352p.)

Shirt must be in tatters.

And while he talks about putting me on the "no reply", I have drawn up a list of people on SOU that he claims he has put on the "ignore" list yet he continues to read their responses and comments and while he claims on here I am the only one he has done this to (but has failed to do) he has a list of over 20 on SOU.

I think poor ps200306 has a very thin skin. A good dose of Sudocream might just stop him scratching it.

The "potty-mouthed diatribe" this morning consisted of a number of inconsistencies in your posts - a criticism you have made about others. Thanks to Notepad I have plenty more of your inconsistencies for when and if you raise your head above the parapet.

As for the previous survey, when did you get an evaluation of it to say it was "useless"? Where is the analysis of the result that obviously you claim to have but nobody else has seen? How do you know that it did not reveal information that pointed to a much better location for a well which is now the subject of another survey? Answer. You don't know but you have the audacity to think you do.

That is your problem You are a "hurler on the ditch" who thinks he knows more than the people at the coalface. Give me the miners every time. They are the ones doing the real work.