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"So it doesn't really matter what the annulment panel do with the stay as it will be very difficult to gain asset seizures in courts whilst the annulment appeal is in process".

Agreed up to a point, but there is psychological value in lifting the stay, as that would be just one more step in the right direction for RKH and one less for Italy.

Also, if RKH were to consider monetising even part of the award, lifting the enforcement stay is likely to increase the sale value, even if only by a few percent.

So while unlikely that anyone's going to swoon over the lifting of the stay, RKH management and RKH shareholders should welcome it as yet another step in the right direction.

Remember that only 18 months to 2 years ago, all such issues, plus things like the TDF decommissioning costs, etc., etc., seemed insuperable problems, with RKH probably going bust before they could be resolved.

Decided, I assume you're an RKH.L shareholder? Correct?

If so, and having endured such appalling management by Sam for 10 years (your opinion):

- Did you contact Sam at any point over that period to air your concerns and make suggestions?

- If so, what did he say and what was your reaction at the time?

- Who would you suggest to replace him now and why (so we can all share your considered opinion)?

It's no good, when flying at 35,000 feet, suddenly to announce: 'I don't like the route we're flying, let's shoot the pilot', but not follow it up with at least some ideas.

Well at least we now know why you've turned up from nowhere Decided.

Yes and the usual uncompromising, destructive posts made by those who can't support their arguments with any substance.

Chess, you're missing the point.

Anyone who has had to go to Court, when dealing with someone who doesn't want to pay-up, will know that those sorts of people will try just about anything to avoid paying. I think we all get that.

The Italians (or at least quite a few of them) are well known for being slippery, so the point you're getting all high-and-mighty about is one that we all know and have known for ever.

The point Mogger was making was that, after claiming to have gone to all the effort of scouring "hundreds & thousands of ICSID arbitration papers over the last 6 years", when asked to produce just one example, your reply was "I do not have the time or desire to spend the many hours required trying to find the specific pieces" that would have supported your claim.

If the only mate you can find is Latics and then calling us "inbred weirdos", you just make yourself look even more silly.

Or, ChessM, what you really mean is that you've been caught out, told to clear off and you don't like it.

How about you just go and leave the grown-ups to continue with their pleasant, quiet Sunday afternoon?

Just came for a quiet Sunday read.

Chess posts: "Mogger, I have scoured,hundreds & thousands of ICSID arbitration papers over the last 6 years"

Mogger asks: "Why have you looked at "thousands "?"

Chess replies: "Mogger, I never said I'd looked at thousands of cases...that's just you 'Twisting' my words, I said I had scoured thousands of 'pages' not 'cases'."

No you didn't Chess, you said you'd "scoured,hundreds & thousands of ICSID arbitration papers"

You're unreliable and I agree with Henrygroucho, that you join the likes of Godders, Ralph and the other argumentative trouble makers.

Oh well, it was good while it lasted.

Well done LTT & D_M, your posts have had the desired effect.

Interesting points DEM and regarding the likelihood of RoI cooperating, I'd add that with the passing of Silvio Berlusconi, there have been some fascinating reports about his antics and his skill in avoiding prison, when faced with irrefutable evidence and even conviction.

Few enjoy admitting they're wrong, but the Italians are absolute masters at stringing-out the legal process, so we shouldn't be surprised by their non-cooperation.

I don't have any objection to the argument that Humanity must make more use of renewables - I believe it's a fact that enough solar energy falls on the planet every day to power absolutely everything, if only it could be captured.

Also, the oceans are an untapped resource for food and energy, which is only just starting to be understood (perhaps too late?).

The big problem is that our energy needs are growing, but are not developed in a planned and coordinated way. I read somewhere that, for example, new UK off-shore wind farms being constructed right now may not be able to connect to the National Grid for as much as 15 years. Imagine investing in the 'absolute certainty' of such a resource, only to discover that it's going to stand there, completely useless, perhaps until 2040 (for the pedants, that's for wind farms currently under construction, or about to be constructed, but which won't be completed for a while yet).

On that basis, projects like SL look somewhat attractive, as virtually all the World's infrastructure in place now is powered by fossil fuel.

When did you pass a building site and see electric-powered heavy equipment, or an airport, where all the aircraft have electric engines, or ships powered with electric motors, etc?

In any case, even if they were electric-powered, how would that electricity be generated across most of the World?

It certainly makes the FI region more attractive to potential investors

Mike, I'm not sure we really know who's 'running the show' - unlikely to be anyone in the UK, as we seem to have been unable to run a cold bath for several years. Then you have Biden, who can't stand up any more. Then there was Merkel, who was alleged to have had quite a close relationship with Putin and certainly put an awful lot of Europe's eggs in the Nord Steam baskets.

etc., etc.

Maybe you're attributing humanity with too much planned & coordinated intelligence?

I think we're being a bit smug if we blame Chine entirely for increased emissions, while 'we do everything to reduce our emissions'.

Another view is that we've outsourced a considerable proportion of our emissions to Chinese manufacturing and other activities, which we'd otherwise have to do here, and at a higher cost.

We'd have to stop all imports of Chinese products and services to be able to be able to point the finger of guilt.

We're all too interconnected.

I would add that when this Radio 4 programme used the example of RKH v. RoI as an illustration of a real ECT claim, they didn't express an opinion about the dishonest, unscrupulous behaviour of the Italian State, which is at the root of the claim.

The fact that it may also have something to do with fossil fuel is irrelevant to the validity of the claim, that the RoI has been caught out and a mere sprat of a company (RKH) has had the guts to pursue the claim (albeit with quite a lot of help).

BB3 - sorry if I'm being thick, but could you please point me to the bit that refers to the FI tax liability?

Thanks

I wouldn't waste time on MrJinx - as well as being the idiot around here, he's a show-off too.

I suspect he thinks we're too thick to know anything about The Illuminati, posting pseudo-intellectual, ludicrous and irrelevant statements just to be interesting.

Go away Jinx

It's not just a matter of 'keen'. The FI are going to struggle to survive without the SL oil revenue, or a massive injection from the Treasury, which they can't afford.

Forgot to mention, for those not of a military inclination, that Rapier provided the air defence system for the FI.

Now about 50 years old, and assuming it still works, it would probably struggle to catch-up with modern missiles and other things that the Argies might chuck at the FI.

Sky Sabre would appear to be made by a defence conglomerate, which includes an Israeli company, Rafael Advanced Defense Systems.

"half joking - Maybe this is why an Israeli company has been invited to take up the baton - plenty of high tech defence not supplied by the UK as a hedge / strategic manoeuvre to aid the approval process by watering down the UK influence!?."

Someone better informed than me please correct me if I'm wrong, but the Sky Sabre system replacing the antiquated Rapier system is made / supplied by an Israel company, no doubt with others.