Member Info for schlemiel

28 July 2021

'Bluewater may also agree terms with Hurricane Energy for a somewhat longer stay on the Lancaster location, a Bluewater spokesperson told Offshore Engineer via email last month.'

https://www.oedigital.com/news/489487-hurricane-energy-restarts-lancaster-production-after-fpso-shutdown

LC

got it

cheers

the proper booster to the price (market cap) will, as has already been stated this morning, will be FPSO extension and some form of rapproachment with the evil bondholders

3.1433 to sell 750k but until now it was NT to sell. No idea what the NMS is on HUR

Note the reference to the 'next monthly update' which does suggest they now intend to issue regular and consistent updates to the market providing clarity and direction

Lancaster back up and producing

Rio sanctions $2bn+ investment in Lithium mine in Europe. Majors now triggering capex decisions 'future facing' commodities.

For long suffering holders let's hope BHP or someone with deep pockets makes a move

$18 cost per barrel - 2020 . No reason to believe the cost has moved to far from this figure

'Oil from the Mezosoic sandstones on the flanks of Lancaster 'offers significant upside' and has been seen in several wells' (Hurricane presentation, dated 11 Sept 2020)

This sounds promising. Add in the water injection at some point (cost around £50-60m) and Lancaster could still be delivering material bopd for some years to come and that means huge FCF for years to come. If I was the new board I would smash the feck out of Lancaster until it expires

3.1p bid

buyer's(s) still sniffing around

Co-Founder and Strategic Advisor

Jul 2021 - Present 1 month

Melbourne, Victoria, Australia

So, with this change in Tim's responsibilitie, what exactly will he be advising upon in terms of SEE's strategic agenda?

'His'

Maris was once (before Zacacroli's damning High Court decision) known as 'Chief Executive Officer'. Is new title is now 'Chief Executive Officer Designate'. That sounds temporary

Suspicions need proof of course. What about ECR? What about the Bondholders?.

We await updates from the new board

TC81

I didn't know that fella. Many thanks

Who is covered under directors and officers insurance?

'All current, future and past directors and officers of a company and its subsidiaries are covered under a D&O policy, which can also include non-executive directors. In very specific cases like securities claims, the policy can even be extended to cover claims against the company itself. Cover is usually taken out and paid for by the company. Depending on the respective local law and policy, this may or may not be viewed by legislators as a “benefit-in-kind” for those persons it covers.'

https://www.towergateinsurance.co.uk/liability-insurance/what-is-directors-officers-insurance

https://www.theedgemarkets.com/article/safety-tech-drivers-personal-guardian

26 July 2021

Road accidents are not uncommon in Malaysia. Every festive season, the number of accidents skyrocket, with a handful of them involving trucks. According to a study done by the Malaysian Institute of Road Safety Research (Miros), from 2007 to 2011, most crashes were caused by risky driving and fatigue. In fact, fatigue accounted for 9.9% of the crashes involving lorries and 7.9% of the crashes involving buses.

Seeing Machines, a technology start-up that emerged from the Australian National University, decided to come up with a technology that could intervene in such events. It developed an artificial intelligence-driven solution that tracks the driver’s eye movements and facial expressions for signs of fatigue and distraction to keep the driver safe on the road.

Max Verberne, general manager of aftermarket at Seeing Machines, tells Digital Edge that the solution, aptly named Guardian, was initially developed when the company saw a gap in the mining industry, as miners tend to succumb to fatigue on the job. Over the years, demand for the technology has grown, expanding to automotive, commercial fleets, rail and even the aviation industry.

continued, long article. SEE startin to look at monotoring of emotions, heart rate etc etc to determine intervention or not

'is history repeating itself'

The fascist ****s have politicised a medical event. Deplorable and indeed it seems a planned lurch towards authoritarianism by western governments working I would argue with one another. The coordination is all too obvious.

Here in the UK attacks on liberty, voice and identity is pure bred Marxism or as my father calls it 'Left wing fascism'

The politicisation and racialisation of sport and it seems of all areas of life is so disturbing that Isometimes ask myself is repeating itself ala 1929 and 1936

Trump did say 'they're coming for me and then they'll come for you'.

I believe Magna's takeover of Veoneer represents a material event for SEE. This may explain SEE's recruitment drive ov er the last 3 months. I bet SEE had some knowledge of this change of ownership on behalf of their partners but the opportunity for SEE is even greater now than it was prior to this takeover :

Seetarama Swamy Kotagiri - Magna International Inc. - CEO, President & Director said this:

'The transaction provides benefits to a number of key stakeholders. Our strong balance sheet and cash flow can provide added confidence to customers that we can execute on upcoming growth plans and continue to invest in new technologies and programs. The leadership position in ADAS our combined business, together with Magna's overall scale in the industry, offers exciting opportunities for Veoneer's employees and supplier partners. The increased software and overall ADAS confidence further strengthens our overall vehicle systems capabilities and our positioning in future mobility, which is good for employees from both companies'

https://sec.report/Document/0001171843-21-005066/exh_993.htm