RE: EGM Tuesday 16th September14 Sep 2025 13:29
According to Grok, which I find less DEI/woke than ChatGBT:
No, the Falkland Islands are not subject to the Energy Charter Treaty (ECT).
The ECT, signed in 1994 and entered into force in 1998, is an international agreement on energy cooperation, investment protection, and dispute settlement, primarily involving European and Eurasian countries, as well as the EU. The United Kingdom is a contracting party to the ECT. However, Article 40 of the treaty allows parties to extend its application to specific territories through a formal declaration to the depositary.
For the UK, this extension has been made only to certain Crown Dependencies (Guernsey, the Isle of Man, and Jersey), but not to any British Overseas Territories, including the Falkland Islands. As a result, the ECT's provisions—such as investor-state dispute settlement—do not apply to energy investments or activities in the Falkland Islands.
Regardless, I feel it is beyond credible that the FI's would not approve SL given the importance to their long term future that hydrocarbons will provide.
On the subject of is the upcoming vote 'priced in. In my opinion I don't think so, it is regrettably imo, likely to get a big vote in favour of over-diluting ourselves unnecessarily, but believing it will pass, is not the same as knowing it has passed. I suspect the drop to the 75p support line and bounce off, was probably the best price for those wanting in, or wanting more. Not long to find out I guess.