Member Info for SecretBlueprint

This is my take on the situation here.

With the recent high court decision to halt the Heathrow expansion because of the government stated policy of zero emissions by 2050 , I can see activists going to court again if UKEF is minded to support a new oil development in a British overseas territory without making a carbon impact assessment. Particularly so given its location in a pristine marine environment.

The simple fact is that no-one wants or needs the oil from the South Atlantic anymore, witness the production cutbacks today. Premier and its CEO are walking a tightrope to walk away from the Falklands. They goofed with the farm in and they know it. Every public announcement just defers it a bit longer, and longer and longer….they are hoping someone like the Koreans will join the Israelis and take it off their hands. Argos and Borders & Southern are a pair of cash shells who would be better off reversing into renewable energy. (Sorry Garbled, Rhea will never see a drilling rig)

There is a political domino effect coming imminently post 2020….. the reunification of Ireland, the independence of Scotland; the loss of Gibraltar and most overseas territories will follow. The Falklands will become a footnote in the history of the new Kingdom of England and Principality of Wales. That will look nice on the new blue passports.

The idea that the Falklands will assure energy security to the new state of KEPW is a folly.

I am familiar with the territory and the islanders do not need the oil; some do not want it. They have effectively zero unemployment and a joyous lifestyle. It won’t worry them if it never happens. They are now not even going to enjoy the RKH capital gains tax from the Premier farm in, but who cares?

I don’t think Sea Lion will happen now, ten years is too long a time. Rockhopper was and is Sam’s plaything. As for Italy, do as the Romans do; not a dollar coming IMO. Try seizing the Italian embassy in compo LOL.

It was a good laugh while it lasted. Borgo, BHLC, Distant Voices, Marlon, Stu, Fezza, Oilbrat and the rest, and “it’s full of stars”.

They think it’s all over, it is now.

Why stop at Broker Man Dan when we have our very own LuLu putting out "inside information" via a her Whatsap contacts and telling us all about Blackstone as if it were fact? Goose and Gander IMO

Whenever I am asked for an email address to log into a public wi fi system , I always use elvis.presley@gmail.com and it works fine

Bob

I wish had the power....

One of dozens of airlines going bust shortly. Killed by a virus

Also on Page 19...
"An investment in the Company and the Shares is subject to a number of risks. Accordingly, investors
and prospective investors should carefully consider all of the information set out in this Prospectus
including, in particular, the risks described below prior to making an investment in the Shares. The
Group’s business, financial condition, results of operations or prospects could be materially and adversely
affected by any of the risks described below. In such cases, the market price of the Shares may decline
and investors may lose all or part of their investment."

Read the last sentence "investors may lose all or part of their investment"

They forecast it and it happened. Who read the prospectus?

"Has anyone trawled through the 500 page prospectus and found where it advises to take financial advice and take no notice to all the bullsh*t about the project and how successful it was going to be?"

Well it tells you straight .............on page 19

RISKS RELATING TO THE COMPANY’S BUSINESS
1. The Company has no current revenue source and a history of operating losses, and there is an expectation
that it will generate operating losses for the foreseeable future. The Company is unlikely to achieve
revenues or profitability for some time, if at all.

If I had received advance notice of some news which was not publicly available, I don't think I would share it on a chat room before taking a considerable long position, but someone actually did that at the close today.

Bluepanther

Do you not regard this LSE bulletin board as social media? It is full of faceless anonymous avatars who often spout bullsh4t.

At least with Facebook and Instagram you usually know who is who.

Twitter has its extremes , but can be invaluable in emergencies because emergency services use it all the time. For example if you are stuck on a train that is not moving , Twitter will explain the problem before the train driver finds out.

Don't cut your nose off to spite your face, and I am almost twice your age.

Nightfly , if you have lost your pension call DWP and claim pension credit. Not enoigh folk do.

"Im baffled how they have done this"

Because only a dozen PIs turned up to vote. Lethargy rules OK?

The votes have been cast. You cannot change your mind or vote again after closing.

Nonsense IMO

So its your opinion!!

Be careful what you get from barmaids. In my opinion

So Croz and Highlander both know the result, despite there being 2 votes which may have 4 outcomes.....
Yes yes
No no
Yes no
No yes

Pair of turkeys

It is quite plausible that the court meeting simple " one holder one vote" was a NO and the EGM "one share one vote" was YES, leaving a lawyer's breakfast on the table for tomorrow morning

"Would have liked to know why employees shares are valued differently to oordinary shareholders anyone enlighten me?."

They are often part of a long term incentive plan , so you don't get them until x years of service

Abstentions are ignored

Actually it seems Colva has gone into competition ....

"In late 2019, Colva partnered with The BluePrint Insurance Services as a way to provide these fiduciary life insurance and annuity solutions to both fee-only and fee-based RIAs."

"Helping seniors liquidate an investment in a life insurance policy. Many advisors think that the only way for a senior to exit a life insurance policy is for them to cancel the policy and take the cash surrender value. Most advisors don’t realize that some of these policies could be sold on the life settlement market for 3-4 times the cash surrender value."

"We help RIAs sell these policies in the life settlement market without paying the typical life settlement broker commission of 15%-30% of the offer price. Often times we can transact these cases at 5% or less of the total offer price."

Good to see he chose me LOl!!!

From the annual report..."On 21 October 2019, an agreement was reached by the Company to suspend the share
purchase agreement in respect of Colva, with effect from 1 October 2019. In replacement of this
agreement, the Company will issue 2,000,000 shares on 1 March 2020 to Colva for continuing
services provided, subject to certain conditions being met."

Presumably, certain conditions were not met and it looks like a non-amicable divorce.

It depends on the time span.

Close down on the open price , or down on yesterdays close price.