Member Info for PortStanley

The market is not impressed, I wonder why?

When Navitas visited the Falklands ,I am sure there were lots of warm handshakes and smiles from current investors, the local businesses who quite rightly see business opportunity for themselves.

There would also be those who understand that the only realistic long term security of the Falkland Islands and it's people is to ensure financial stability, and one way to achieve this is through the development of commercial activities of it's natural resources, under the strictest management and controls, of course. Just as the Falklands Fisheries has grown.

Yes I know, there are those how don't want anything to do with oil and it's potential revenue's.

One thing that has been lacking is a plan, and during there visit to the Falklands Navitas would have been told this many times by the movers and shakers.

I believe this RNS sets out a plan. It will be interesting to see what happens next.

I hope you have a wonderful experience and great returns on your investment.

The Falklands is a beautiful place with an excellent opportunities to invest.
One note of warning. Falkland Islanders are no fools, therefore, if anyone thinks they will be able to build an oil industry wit no regard or respect for the environment and law and order, then you will be doomed before you start.

Good Luck

21p would be!!

One would guess

Some of the posts I read are so dreadfully rude. If the world wasn't bad enough. It's fine to have disagreement among ourselves, but be respectfully please!!

Good luck to all investors and may you make excellent returns!

If the aim is indeed to be in production by 2026. there is much to do between now and then. Thus, busy and exciting times in front of us.

i just wonder if BOR/ARG are in line for a buyout/takeover bid from RKH?

Were you in the room?? Good Luck!!

I cab confirm beyond all reasonable doubt that representatives from Navitas are currently in the Falklands.

I am hearing that Rock/Navitas are in the process of discussing a MOU regarding the Sa Lion project. I have no more detail than that!! Has anyone else heard anything?

Fresh start for the next phase of development perhaps!!

Let me be clear, I never asked if the Port was for the development. I just highlighted if it were.

If the development of Sea Lion and the wider Falkland Basin is dependent on the building of a new poet in the Falklands, you might want to hold your breath. It might be that the estimated cost for this project has suddenly leapt from original costings for 70-100 Million to 250-400 million pounds.

That is an eye-watering amount of money and might well be too much for the Falklands to finance at reasonable risk.

It might just change everything, but if it does I am sure it it will be positive.

DO you think it has hit its ceiling for the moment.?

Let's hope things are lining up in the right way to reach a positive outcome.

Sound advice, let's hope things are starting to move in the direction.

Up and down like you know what!!

100% correct