Member Info for Mirasol

Insidious Posts: 2,874 Price: 0.2175 Strong Buy -10.31%Today 15:57 28/04/21
Resting nice on suppprt, wait for the bounce... https://www.tradingview.com/x/AEq3ZNVu/
UKOG United 2p/5p soon...

"Has the swampy got any money left from her failed attempt?"

She gets idiots to crowd fund her "principled" lawyers - who make a killing of course

"why did the FIG freeze the Islands' fairly modest state pension in 2020"

In the last Census the total population was 2839 souls but not all of those are residents and can draw a pension. Approx 11% in the Census were over 65 - so 310 people max - it's hardly a vast number ... The only thing I hear them complain about is Telecoms - but the cost of upgrading them over an area the size of Wales for so few people is ridiculous

"At present it appears that arbitral tribunals appointed pursuant to the ECT seem to agree and will for the time being reject any arguments, based upon the Achmea case, regarding their jurisdiction as evidenced by Rockhopper.

While that may give some degree of the comfort to investors, questions remain about the enforceability of the awards. It is no good for an investor taking the time and no doubt significant expense in concluding an arbitration under the ECT only to find that the award will not be enforced. Based upon the position adopted by the ECJ in Achmea and the German Supreme Court in Raiffeisen Bank it seems inevitable that an investor will not be able to enforce the award within a member state of the EU.

However, it remains to be seen how jurisdictions outside of the EU will react, most notably the US. If a tribunal has concluded that it has jurisdiction under a multinational treaty like the ECT and an award is issued, on what basis should jurisdictions outside of the EU concern itself with decisions of the ECJ, like Achmea, when enforcing awards. International treaties such as the ICSID and the New York Convention suggest that decisions of the ECJ should have little baring and the award should be enforced. This remains an open ended issue and only time will tell how jurisdictions outside of the EU will react to the enforcement of awards."

nomlungu Posts: 12,050 Price: 0.1025 No Opinion
RE: no love lost hereToday 10:59 18 Dec 2021
ocelot,
If another placing is announced before the middle of February will you stop posting with a Buy recommendation?
A reminder for those who think this is a bargain. On the day before the last placing the SP was 0.24p and ocelot posted the following with a Strong Buy opinion: 'Think the time is approaching when investors may come to regret not having reinforced during this prolonged cheap buying opportunity.'

Anybody who shared that opinion would have lost nearly 60% had they purchased then.

Beware - Pump before dump.................... seen it so many times on here

"Allegedly training has been provided some time ago."

training is better than nothing but isn't as good as hands on experience.

Unfortunately ANGS are a by-word for getting things wrong but so far they seem to be slow rather than stupid on this job

Worth looking at the sensible posts (a few) on UJO - discussion of visible work on site - possible gas to wire and/or a new flare....

Either or both suggests better than expected performance

"but at least she did not start out as a dishonest self serving idiot "

Agreed - the standard since has been truly appalling by any measure

"If the Islanders don't get funding from oil/gas revenues, "

Actually they do pretty well out of fishing rights- the standard of living is high but, yes they lose people to the brighter lights and bigger cities. B ut these days a lot of islanders eventually return and some people move there because it's a quiet spot.

Oil could make them the richest per capita people on the planet Their big challenge is managing it so they don't finish up like Nauru - everyone with a Porsche on an island with one road and all the money p***** away and now nothing left.

"Argentina has NO claim "

What you mean is that YOU don't think they have a claim - they certainly DO think they have a claim - and in 1982 they lost a lot of men to prove it. Sticking your head in the sand and ignoring the other side is a guarantee of the wheels coming off - that's exactly what India did to China in 1962 in the Himalayas and look where that got them.

"Bring back Thatcher I say."

She finished up as a nut-case - it was her own party dumped that her remember?

There was a long article in the Economist last week saying that Chinese investment in S America was falling and they weren't that interested - they've lost too much cash there and dealing with the locals is a nightmare

"Which is it? It's probably BOTH in my opinion."

Possible, possible indeed - more production than expected = need for gas to wire or some sort of grid connection (and can be afforded) - and still need a bigger flare in case of emergencies etc...

You wouldn't do more work if you thought it was a dog that's for sure.

and who is this Adrian you keep accusing people here of being?

:))))))))))))))))))))))))))))))

ask all the posters on UKOG Adrian.................

sorry McNimby you did it under your Balanced Viewer ID

I'll be here long after you 'v been cancelled Adrian

" I still feel FIG might have given an inch or two on TAX or Royalties to get this over the line "

No evidence they won't - but it will be announced as part of the deal not before - FIG want a decent operator who will legally commit to developing SL on a fixed timescale - if someone signs up for that then the Govt will be willing to deal I'm certain. But they ain't going to hand over a trump card and then see another 10 years go by.

"In line with what was accepted back in those days, UK left a plaque and that is the claim."

That's really a great case then - I'll just nip over to Calais and leave a sign....

These cases can be sorted out but it takes two to tango. The UK can hold onto the FI as long as we can afford to defend them or as long as we WANT to defend them. Talking to the older people down there apparently 50 years ago some people in the FI were thinking they'd be better cutting a deal with Argentina given the level of (non-) support from the UK . But the War blew that all way for a couple of generations.

" It looks like they are currently laying a concrete pad next to the incinerators at Wressle, which is the logical place to put the gas engine to generate electricity for sale:"

Might be a bigger flare coming in.