Member Info for SecretBlueprint

Much

What is the chance of all that before Extinction Rebellion gets a hold on things after the Madrid Conference and Thunberrg tells Boris "How dare you" . Big risks here IMO

This UKEF application will need ministerial sign off, because of its size, novelty in supporting an oil development, and negative political impact (carbon emission reduction targets, Argentine relations), irrespective of the scale of due diligence. Approval would invite the whole UK oil and gas industry to seek UKEF support for overseas projects. Imagine the Green response to that. So, it is tricky and far from assured.

There is also the matter of purdah to observe, as Mogger has pointed out.

Until there is a new government in place, there will be no minister able to sign it off. The way things are going, there is a strong chance of a hung parliament and no ministers in place by the Christmas break. Corbyn’s Labour would cast off the Falklands to their fate with newly elected Cristina and bring the troops home. Any alliance of Lib Dems, Greens, SNP, Plaid Cymru and DUP would be against fossil fuels. The only hope of a minister who will sign it off is a Tory win. That looks increasingly remote.

FID by end of 2019 is impossible, which is why the PMO trading statement consigned Sea Lion to the “nothing to report” category.

What a mess. Tragic that such enthusiasm with discovery has turned to such dejection for lack of money. I am starting to think it will never happen. A bit like SXX for similar reasons.

Well, Simon is still working from somewhere, because the NUOG website was updated to remove Scotton's face as a director. Unless someone else has the password?

Bluebelly, it is here

13-Nov-19 15:49:23 17.2548 2,825

Reported on NEXT exchange
It's in the ticker tab as RKH.GB.PLC

Barry
The share reorganisation, placing and admission to dealing has all been and gone last week. Read the RNS.

I see that outburst from BT only lasted a few minutes. LOL

From Sound Energy..."James Parsons and Simon Davies have confirmed their decision to leave the Company. "

Next stop NUOG

Gobind don't answer the phone and November is a bit late for a quarterly IMO

YT
And RMRI ought to have 3.44% of the new float. Where is that TR1?

Sold already I imagine.

Same birthday,so looks like yes

The EU thinks it's horse poo... and have legislated against it.

"Helms-Burton Act 1996 – This is an attempt to coerce support for the US policy of sanctions
against communist Cuba, which the US could view as being based on the ‘effects principle’. The
coercion contained within Helms-Burton comes in the form of penalties issued by US courts
when no substantial effect can be proved on the US. There have been substantial international
objects to the Act and many states allied to the US have passed legislation to nullify its effect"

Janeplumb

Your persistent denial that western companies can legally trade with and within Cuba, because of US sanctions, flies in the face of facts, irrespective of NUOG’s future trajectory.

How is it that Virgin Atlantic, an airline 49% owned by US based Delta Airlines can fly a regular Boeing 747 from Gatwick to Havana without reprisals?

How is it that Melbana Energy, an oil company based in Perth WA is actually working in Cuba?

How can Sheraton operate a Hotel in Havana?

How is that I can buy Cuban products in UK?

Why does the UK Dept for International Trade have an office In the British Embassy in Havana to promote trade between the two countries?

Why does the UK Gov “Protection of Trading Interests Act 1980” over-rule the US sanctions?

Why does DfIT say:
Top UK exports to Cuba:
• dairy produce
• nuclear reactors, boilers, machinery and mechanical appliances
• pharmaceutical products
• paper, paperboard and articles of paper pulp
• instruments and apparatus
• plastics and plastic products
• electrical machinery and equipment
• beverages, spirits and vinegar
• organic chemicals
• aluminium and articles

I think you are working for the US Embassy as a Republican agitator, IMO.

Fake news

Good evening Janeplumb

I see you are back on your high horse ( see what I did there ? ) about the western world's inability to do oil and gas business in Cuba because of US sanctions. How is this possible then?...

Melbana Limited...........
http://www.melbana.com/site/About-Us/melbana-energy-overview1

"We are an Australian ASX listed, independent oil and gas company that has a focussed portfolio of high impact exploration, appraisal and development stage opportunities in Cuba and the Bonaparte Gulf region in Australia."

That 100 million was Minty selling to the incomers IMO . So he has gone off with 50 grand, who cares? It might help pay his legal costs in Newfoundland

Ludo, see....
https://t.co/IUUUCsnAQ0?amp=1

AIM notice at 08.00 this morning of admitted shares today

Good grief

Good man, have a Cuban cigar instead of vaping.

Max
Unless individual policy holders decide to cash in, there is no business to be had. No point in making presentations to brokers, advisers and folks richer than Croesus who don't need it. life policy holders need to know about it, and that needs mass marketing to Joe Soaps in the public.

That is what is missing here, promotion like the equity release ads that pop up everywhere.

Max

You are right, but where the hell is this public knowledge in UK and where is the marketing of it? The market is dominated by equity release adverts, showing old farts on yachts in the Med sipping gin.

No-one with a life insurance policy has ever heard of Alpha Growth or life settlement.

But if your company also wants to qualify for elephant hunting in the GOM on the back of this RTO, and raise cash in the market to do so, the arithmetic changes through the speculation value of what might be.

One only has to look at frontier explorers over the last decade to see market caps of 500 million and not a barrel found.

Froth has value, but only until the bubbles pop.