The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Oil-Up,
Glenrothes/Latics and all the "others" who created accounts on the 16th/17th November successfully phished a lot of information from private investors and then tried to force Rockhopper into accepting an EGM.
Fortunately the law was against them and when I suggested that the only way forward was to remove their shares from their nominated accounts and hold under their own names, Glenrothes went very quiet and deleted his account. This was after paying for a solicitor who had direct links to climate change activists.
Glen's spokesperson is our friend Latics so if you want all the details then he would be the best person to speak to.
Unfortunately though, Latics can't remember how many shares he holds, or how much he has lost whilst holding them, for a period of time that also varies. A common trait among all those that litter this board with their constant drivel.
He does, however, feel the need to remind everyone, on a near daily basis, that he believes that Rockhopper's management are the most unpleasant and incompetent people he has ever met.
I hope that helps
Mogger
Dem,
Thanks.
I've had a look at the PDF attached to that page. It details all 150 cases filed under the ECT. However, not all of these had arbitration under the ISCID rules.
There is no information regarding annulment and success rates though.
I shall await Leo's reply....
Mogger
Leo IX,
Where are you getting your information from that back up your statements? I have not seen anything to suggest that :-
1."The vast majority of cases have only been started in the last couple of years and are awaiting a final judgement - only a handful have been completed."
2. "Italy's track record" - a track record of what in particular?
3. Where have you found ICSID's Energy Charter annulment success rates ? To suggest to you that this is a better way to judge success rates.
Any links would be very useful
Mogger
All,
The results are out
https://mayafiles.tase.co.il/rpdf/1512001-1513000/P1512728-00.pdf
Mogger
Paul,
Page 12 of the following document will give you the statistics that you asked for.
Mogger
https://www.biicl.org/documents/10899_annulment-in-icsid-arbitration190821.pdf
Latics,
Why?
The quote from Rogue Trader was "Sold today for a small profit. " Penny added "Wish I could do that"
I just stated that, based on his previous posts, and if he was telling the truth, he could.
It's not difficult
Mogger
All,
I think the results will be announced on March 23rd, not the 20th as previously mentioned. An investor call is scheduled for the 26th. A recording of the call will be made and published on the Navitas website on the 27th
https://maya.tase.co.il/reports/details/1510830
Mogger
All,
SBM Offshore reckon they could get it done in 3 years. They've recently done it...twice. I agree though that project sanction needs to happen soon.
Ralph - would that bottle be a Glenrothes 1969 by any chance?
Mogger
Page 12 of the attached presentation
https://www.sbmoffshore.com/sites/sbm-offshore/files/PR/PRs2023/SBM%20Offshore%20Full%20Year%202022%20Earnings%20Presentation.pdf
All,
The MOU with Navitas was an action point in the FIG EXCO Forward Plan for February
https://www.falklands.gov.fk/assembly/executive-council/forward-plan?task=download.send&id=3648&catid=548&m=0
Mogger
All,
This appears to be new, but I stand to be corrected
https://www.navitaspet.com/thomas-stensgaard-development-project-manager-navitas-petroleum-development-and-production-ltd/
https://www.navitaspet.com/aleks-armstrong-vice-president-subsurface-navitas-petroleum-development-and-production-ltd/
It looks like Ian Ramsay is forming a project team that all previously worked for Murphy Oil.
Interesting, to me at least, is that they seem to be based in London.
Mogger
Mogger
All,
Mr Hanan Wolff has become the SeaLion project manager - subject to special meeting on 23/323.
Highlights from the announcement:-
"The partnership believes, as it has also believed in the past, that in light of Mr. Wolff's significant contribution to the establishment ( of the) US activity, including the success of the Bakskin project and the advancement of the Shenandoah project, and light ( of ) His unique experience and skills as manifested during his years of activity within the partnership,
and in particular Mr. Wolff's contribution to the promotion of the Lion Sea project in the Falklands (hereinafter: "the project" or "The SL Project,)" It would be in the best interest of the partnership to continue to receive Mr. Wolff's services as a manager the project. For this reason, the partnership wishes to continue its engagement with Mr. Wolff in the detailed outline below:-
So that he devotes all his time (100%) and efforts to managing the project.
The fixed monthly management fees will be reduced, and will amount to a monthly cost of 121 thousand NIS.
Mr. Wolff will give to the partnership, including to the corporation controlled by the partnership, as he is instructed
The partnership, management services included the management, planning and development of the SL project and execution All the tasks derived from this, including the management of the local office, recruitment and management of the personnel relevant to the project, responsibility for promoting the engineering solutions and the development plan,
Promoting the financing of the project, maintaining government relations in England for support and promotion
The project is for the purpose of reaching the FID in the project, and will therefore be considered as an office bearer
The contract period for receiving the services, as adjusted, and the payment of the consideration (as specified).
In section 4.3.1.2 below (here starting from February 16, 2023 until January 31, 2025, when there is an option to extend the contract for another two years subject to acceptance.
I've added to the translation to make the prose better. My additions are in brackets.
Mogger
https://mayafiles.tase.co.il/rpdf/1506001-1507000/P1506304-00.pdf
All,
The project team is growing now that Navitas are contributing to the increased wage bill.
https://ats-fig.jgp.co.uk/vacancies/228512?ga_client_id=e43c34e0-0dc9-4c37-beab-2a3116b7c00e&type=list
Mogger