Member Info for Phil164

Yes it certainly is nice to see some activity.

Wonder where the 3m shares went.

I might agree with you Gus, but if the board were to step aside then the all important question is who or what follows them. I do totally agree though that it must be this year or I cannot see it happening.

Https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/092321-uks-harbour-energy-drops-250-mil-barrel-falkland-islands-oil-project-opposed-by-argentina

Linda Cook, CEO of Harbour, is on record as saying that developing virgin basins doesnt fit with their ethos, or words to that effect, that is the reason they gave for exiting, I cannot see that has changed.

Well I would certainly settle for that Rookie, at the end of next month we are two years on from the Ukraine invasion which in my view changed the world in terms of energy supplies, our next update scheduled in April is crucial for me....it absolutely must show tangible progress.

Merry christmas and happy new year to you stepptoe.......if it is going to happen it surely must be next year before another cash raise is needed.

When there is low volume MMs can do pretty much what they want with the price.

I take your point of view gus, although I have to say I was very disappointed to read the telegraph article yesterday which said the UK treasury had turned down a request from the FIG to underwrite a bond issue to help fund sealion, it seems some people, I suspect more civil servants, are being very short sighted wih our energy security.

Does anyone have a view on if and how this affects the Falklands prospects for funding the development of its hydrocarbon industry.

Another year almost gone Anth and I know what you mean, trouble is most of us long termers are committed to seeing this through to the end...whatever that is, I still have hope, primarily because our relatively new significant shareholders are not idiots, but really would like to see some movement, the result of the annulment on the RKH court case is due by end of Q1 2024 I believe, if this is positive maybe it will give us a lift. ATB

That is why I have him on filter Anth.....lol.

He isnt, because it will go down like a lead balloon at home, the claim wont change, but the posturing and language might, his Foreign minister was a lot more conciliatory, maybe she went beyond her brief.

Argentina has always got their attitude to the Islands wrong, and that is because their string of useless leaders have always used it as a good distraction to internal domestic chaos, you dont persuade people to "join you" by bullying them and threatening their home, you co operate with them show them you can be a grown up country and maybe.....just maybe, in a generation or two they might change their minds......but we wont be around to see it.

Forever so it seems, I have said this many times I know but if this is ever going to happen it surely has to before another cash raise is needed, ie within the next 13 months

Will do, you get far too carried away on here, stick to things you KNOW are facts, "winging it" helps no one.

You listed the companies as potential partners for BOR, that was the point, its curious that by talking to potential partners operating in Argentina you think Aramco would then look at the Falklands and potentially jeopardise that, as for BHP they were warned off the Islands by the argentine government and walked away in 2010, which is part of the point. .....doesnt alter the fact that your original post just reeled off a list of names, obviously unresearched, expecting I wouldnt respond.....my filter awaits :)

POC, a few of your names surprised me so I had a quick look, according to the international trade website Chevron and Petronas are major global operators operating in argentina, Aramco actually hosted a doing business with Aramco convention in Buenos Aires earlier this month, Harbour exited the FIs at great cost and I would be staggered if they then did an about face, as far as I can see Valero are refiners not producers. There are companies like Marathon who as far as I can see have no presence in South America, although they might be far more likely to go for Argentina shale. BHP have always surprised me because Obee used to work there, but you do have a tendency to just "wing it" with some of your posts which doesnt help anyone....you may be going in filter again.

It does look like there is a spike or a rerate coming.

POC, Can you name some just for interest so I can keep an eye out? My point is people, I am not saying it was you, have thrown around names like BP and Shell on here before, and I am pretty certain that wont happen.