focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
News due any day now. Possible update on operations and maybe the rig contract for Biscathorpe. Quite a few buys on UJO this morning. And we should start to see interest back here too.
Not DB's fault Elderado, I have faith in him. If you'd been at the planning meeting you would have heard the same old rhetoric from the same old faces. I attended this one to see what we were up against and these people are driven by personal agenda's. You could imagine then "High Fiving" each other for their miniscule victory. It really was a "I'm alright jack" attitude.
Forget the price of oil at the pumps and others having to use food banks driven by rising costs. I bet at least one of them has a bedroom wall with little Beam Pumps images with crosses on them like a fighter ace.
But hey ho, a bit of turps and a planning inspector stepping in and it will all be over for them.
Well they've stuck a statue up in Arkansas to Baphomet. Anyone's guess as to what the opposers will use next.. Lordy Lordy dem oil companies iz gunna unleash the devils and demons from Wressle upon us in Lincolnshire. It'll rain tractors and combines for 40 days and nights, and the rivers will run red with err... cheap red diesel. I can seem them now stood around the beam pump doing an exorcism. :-)
Hi Korg, I agree with what you are saying, however this should be resolved amicably and good for ALL. I doubt there are many councils in the UK who could sustain a huge loss if it went to court. Many of the UK councils have CCJ's against them. Lets hope they see sense and work out whats good for their constituents. The Many not the few.
All the Best
Mr B
New World Oil and Gas...
Yes Korg, amazingly many of the "Climate Change"scientists are also being outed as frauds. And those scientists with proof of NO man made Climate Change are having their funding cut. Sounds suspiciously like BLACKMAIL to me. Shut up or you won't be funded.
Is alive and well. :-)
Hi All,
Thought I'd join in.
All the best Mr B
So they spend sh*t loads on salaries and then kick us in the face saying they now need money to secure assets for shareholder value? Hmmm dangles carrot !
With DB. Before we even entered the building Dave said this will be rejected. So, why did I go? I went to see what we were up against. And I wasn't shocked to see a minimum of 5 people objecting that will probably not live long enough to see Wressles oil run out. They looked like candidates for a Shackleton High Seat chair advert. They've had their life and dont care how others have to live theirs. Without oil at present, Britain would be in the Dark Ages. Never in my life have I heard such bad research from people who purport to be knowledgeable. They rolled on about Climate Change. We havent even beat the temperature record of 1976 yet. And that was global cooling. The hottest period in mans history was Minoan, followed by the Medieval, but they didnt have a single Powerstation or V8 Range Rover Not one had researched weather manipulation. (Mans Dream Come True) and its for real. Research HAARP. Control the weather and you can control an entire continents finance. Or force people to resettle in other areas (familiar?), bankrupt insurance companies and agriculture. Dont take my word for it. And FFS dont rely on Wikipedia for your info. Better still Youtube the 'Economic Hitman' he'll tell you whats being done to other countries for their resources. So if we dont use our own oil, are the Greenies happy we should murder and bomb others for theirs?? Very Green and ethical. The leave it in the ground Brigade are the most naive bunch I know. https://m.youtube.com/watch?v=nq-ZmatOlvs
Interesting to hear the Unite rep worried about jobs at S****horpe Steel but not at Immingham Refinery, Port or the Humber Oil Terminal. Of course that oil comes from abroad (economical eh). What the greenies didn't address was that the Humber Estuary is a SSSI ( Site of Specific Scientific Interest). Docking, Mooring and turning around an Oil Tanker in one of the fastest flowing tidal rivers in the world is pretty much more dangerous environmentally than a Nodding Donkey in a farmers field. I worked the Humber Ports, I know. One good thing came from that meeting and that was one Councillor with a level head. I won't mention his name but he basically told Egdon to go away and come back with "A PLAN" . I tip my hat to him as he obviously wants whats good for his community and the business revenue from Wressle would help.
The Anti Brigade rally were scraping the barrel for objections. And twanging the heart strings reporting that one of their posse had suffered a heart attack, fires in Greece and California were killing people. I could see peple in the gallery rolling their eyes. However they didn't seem to concerned afterwards, almost giving themselves fist bumps and high fives at what they see as a victory. Then they jumped in their petrol cars and went back to their caves. The most ironic thing was watching them drinking water from plastic bottles. Seems the war on oil is on, but not the war on plastic. Very amusing, I await their high fives when the oil runs short and the price of a loaf of bread is a fiver, that's if the delivery lorries can make it to the supermarkets. Mr B
SP Angel's thoughts.
Union Jack Oil (UJO LN - ) – $62.7mm (0.76p) – Wressle Rejection Expected: Yesterday’s rejection of the application to extend the existing planning permission at Wressle by the North Lincolnshire Council is hardly surprising, and we had already factored in the Company’s need to go to at least Appeal to get anything done. What amazes wasn’t the decision, but the conduct of the council members (with the exception – see further). The councillors were so brazen in their lack of perspective that for the first time, we were able to to see clearly that they don’t work for the people that elected them, but are in fact stooges for an unelected and unaccountable group, and judging from some of the comments there is little doubt that the council has been infiltrated by Militant, or some other school-yard political organisation. Nowhere is this more obvious than the comments on Wressle’s participants making profits. We can only assume that the reason why that it doesn’t offend the council’s sensibilities when S****horpe steelworks’ owners made profits from the steelworks is that that suits the stooges’ masters. This has been brought in to sharp focus by the conduct of Mick Grant, specifically, and the councils own planning officers, whose approach is what we would have come to expect from public professionals, that the their analysis of the data and fact-based decision making, has made a mockery of the bare naked exhibition of toadyism towards the unelected left-wing Union paymasters. Yesterday’s decision is a disgrace to the planning process and makes a mockery of local democracy. We think that the council has forgotten that it is part of a wider United Kingdom, which we assume it is happy to be part of when it needs central government funding, especially to support its paymaster’s preferred industrial project, and something that it clearly shows prejudice for. We believe that the decision is such a betrayal of council’s elected duty, and so obviously a response to single vested interests, that we believe that the local populace should call for an election to replace their council, and secure one that will act in voters’ interests, and not just those of those with political aspirations. Still, this episode only reflects badly on the council members only (except Mick Grant and the planning officers), and we will await the planning appeal and elevation of the whole process to the Secretary of State. Given this predictable response, our valuation remains – $62.7mm (0.76p).
As far as I know the Councils own planners have yet again approved the development. Conditions set by the Government Planning Inspector have been met, and in some cases been exceeded. The site is fine, the community WILL benefit (which was always important, but not highlighted) A mistake was made (granted and provision put in place) all the development needs now is a Council with a bit of foresight and its good to go. If further conditions are required I think Db and MA will be more than happy to comply. If the answer is no today, I can see some legal implications coming to the table. That however, is not how to do business. I checked with the office of National Statistics and North Lincolnshire is ranked amongst the highest of depraved areas in the country. If I were a Councillor, I'd seriously be questioning my position of trust and ethics, and showing to be doing right by the community. Not just the gripes of a few fanatical alarmists.
All the best
Mr B
Christoffmcd Hi Chis the North Lincs Council planning officer has AGAIN approved the planning. Its down to the Councillors to see the sense now whether they are guided or unguided by ???. Everything required by the Secretary of State Inspector has been performed by EDR/UJO etc. If a NO decision is given again, then I think the councillor's themselves may find them selves in hot water. Personally speaking I would take out private prosecutions for losses based on being allowed to drill in the first place (taking £££ for that) but then folding under pressure and leaving a great and "stable" asset untouched. Especially when the community could benefit from it too. I'm attending the meeting tomorrow so I'll get an idea of the lay of the land.
Hi Loz786, Planning meeting for Wressle this Wednesday. If kicked out will immediately go to appeal. Which will be bad for the council ( for various reasons) I am attending the meeting. Currently, site preparation works should be going ahead at Biscathorpe and a rig contract/tender in progress. Two very big catalysts for the partners.
Neither were anything to do with Shale Gas. But I think you might be clutching at straws so why not add Flixborough, Mumbai, Texas City too as none of those were shale gas either.
:)
https://www.yachtworld.co.uk/boats/2019/Lagoon-Lagoon-42-3199099/France