Member Info for Tango1

oops- Patience. LOL

Once GSA signed the offtake deal is done,I think we will be a lot higher and when the protesters are appeased after seeing all the monitoring of the brine that is proposed we will be higher (personally think the marine permit will give the greatest rise- even though it should be the offtake) just patients required.

It will be a slovenian buyer! potentially state owned ;-)

We still have the asset which is worth £200 mill + a new developer may stand a chance if we can not overturn the decision, Colin said he did not want to sell it for peanuts but if we cant get at the gas, do a deal and move on to a new field where there will not be the red tape and corrupt officials blocking every route. There will be buyers out there and with a current MC of £5.9M they will undoubtedly be sniffing around now. AIMHO

Well if need be we have all the drilling equipment to move to a new site, But I still think arbitration will work-Bit worried about JB ill health?? Bottom draw for a few months now.
You watch an offer come in now to take over the project!

Šarec agrees environmental groups often obstruct important projects

LJUBLJANA - Prime Minister Marjan Šarec agreed with an opposition MP during questions time in parliament that Slovenia should not allow small environmental groups halt developmentally and environmentally important projects. He proposes that the Environment Ministry draw up legislation to prevent this. "Protecting the environment is important, but stopping every project will also not get us far," the prime minister told MPs, adding that Slovenia would have to decide where it would obtain energy from.

Once the residents have had their consultation with INFA and DAERA end of the month (next week) I think we will be in a better position because they will know we have the environmental issues covered. Plus they will have a chance to ask any questions, It is very good DAERA is their as they will see for themselves if the protesters are just trying to stop it for stopping it's sake and not for any environmental issues.

Ryan was asked about this at one of the presentations and he said not done because of resource.

We need the seismic data in order to form the stratergy, more cash at hand will make things easier for all concerned. IMHO

I see leben has been gloating on his facebook page...

It wont go past arbitration.

Well we will be looking for the £50 mill back and the lost potential of £200 mill (pre-new 3D seismic study).
£250 mill will get us going in Croatia.

REMEMBER- Jur Leben said he had mates that would drag their feet with the EIA. Just get the seismic out and drain the shallows,Fit the compressor to x5 the prodution of 10/11 to fund Croatia from that and when revenue at a desirable level start EIA. Fcuk the permits- would have been nice and we have been unfairly treated but lets move on making money where we can.

Not sure about everybody else but 24hrs later and no formal notification is a bit strange ??

Pro bono

Well the Slovenians have repeatedly been told by Brussels to cut the red tape and be more open to business, so Maybe they could use our law suit as a "told you so". Wishful thinking maybe..

Ray- Career suicide? Slovenia have a turnstile for ministers (in,out,in,out) she is only their for 6 months. Hopefully to eradicate corrupt officials and do what is correct for business.

That is what she is their for to over see decisions,
Personally- once this has died down the seismic data will be released and the shallows drained getting more money in then the compressor improves the production of 10/11 then the Croatia bid news. We are in a debt free position, if the seismic data shows a lot of potential it should not be hard to convince a partner to join us.. There is a reason for Colins radio silence, he does not want the Slov's to know our next move, which unfortunately means we do not get to know either till it is happening AIMHO

The new head of ARSO can still overturn the decision.....

Geo will buy AST out now all the gas has been mapped, Very strange AST needed to set on their own legal team??? AST partners are slovenian owned- I smell a humongous rat.