The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I have been in this share for a long time now and it's the same old thing all talk and no action. I am sorry I have followed this chat room for quite a while and have hoped there would be some tangible progress but there has been none.
Clutching at straws again. This administration has shown no desire to sign this farm out even though all their requirements seem to have been met. They are a law unto themselves and dont give too hoots about doing business in a fair way. I thought that this would be signed a while back but I have given up hope. The reality is even though the government have handled this badly giving them an ultimatum will in my opinion will only give them justification to not sign. It is an absolute disgrace.
No chance we have all been strung along by this inept and corrupt government who all along have had no intention of granting the farm out despite getting everything that they have asked for. They will probably come up with some spurious reason for not granting the farm out and low behold after a certain amount of time one of their friends will take over the gas field and project with all the work and finance being done by others.
The whole situation is a shambles from top to bottom. Shareholders at the mercy of a tin pot company and country and nobody seemingly doing anything to resolve the situation. It's a gas field that needs to be developed no more no less.