Member Info for TheFarEnd

They're still bullish over there in Euro land.
The latest ZEW survey around +60

Based on the ZEW Financial Market Test, up to 300 experts from banks, insurance companies and financial departments of selected corporations have been interviewed about their assessments and forecasts for important international financial market data every month since 1991. Participants are asked about their six-months expectations concerning the economy, inflation rates, interest rates, stock markets and exchange rates in the Eurozone, Germany, Japan, United States, United Kingdom, France and Italy as well as their expectations concerning the oil price.

We all know Germany is not indicative of the Eurozone, but these are German experts!!!

"Options should be extended to 17 July 2021 in order to allow Mr Budge the opportunity to exercise the Share Options at a later date"

In the end he's just like us, he thought he would have been able to cash these in by now but hasn't got a clue how long this is going to take.
Seems like a case of, give it a years extension initially (can always have another extension) and see how that goes as I don't want to loose them.

If this exploration concession does get the go-ahead there's going to be a lot of sells and additional shares in the first year. Hope there are enough new investors to take up demand otherwise the euphoria will quickly disintegrate.

24 July, if you like shopping. I wonder if that includes visiting a bank branch. The CCTV might struggle, funny ol'world.

What would you like to see this "dumb chancellor" do then dividenchaser?
No furlough or furlough to infinity while you sit at home chasing dividends?
Come to think of it why are you on the Lloyds BB, you won't find any dividends here for some time.

Don't worry if they have some casualties Seismic there's no shortage of replacements.
Pick the bones out of this lot.

Turkey (applied in 1987),
North Macedonia (applied in 2004),
Montenegro (applied in 2008),
Albania (applied in 2009), and
Serbia (applied in 2009).
They've all started accession negotiations, but as you know the EU are getting cold feet, I wonder why, seems they could be having trouble keeping the ones they have already lol.

Part 5
You know what the odds are for.

Part 5

Italy 4/1
France 10/1
Greece 10/1
Hungary 14/1

FFS, we've been here before, do you always have to have the last word, get over yourself.
I do agree with you about Brexit though and any deal or not, having it's affect on the Lloyds SP.
To some on here Brexit is an anathema and the cries go up "keep it Lloyds related" little realising how relevant our future with the EU is linked to Lloyds Bank.

Have another go seismic I won't be replying (unless its totally outrageous) I've made my point wether you like it or not, I can't be arsed, time to move on.

The clue is in the last two Letters Bryn, UT.

There are many who believe that QE this time around will lead to upward inflation.
If it happens how high will it go before rates are increased.
The BOE just let it go last time and we all thought 2.0% was their target.

More rhetoric from the ministry of b.u.l.l.s.h.i.t. that is the Swedish government.

Rishi is up now.

Any number of NGOs or indeed government accountability organisation's can put any spin they want on the actual amount in question, and the effectiveness of it.
I guess all will be revealed in due course, until then various sectors will support these actions and the opposition as usual will continue with their political point scoring.

Snige, response so far, posted here earlier.

£42.0 billion for the Coronavirus job retention scheme.
£15.0 billion for the small business grant schemes.
£13.0 billion for a 12-month business rates holiday for all retail, hospitality, leisure and nursery businesses.
£10.0 billion of additional funding to the NHS.
£10.0 billion for the Self-Employed Income Support Scheme.
£7.0 billion for welfare measures, including increases in the standard allowance of universal credit.
£3.5 billion to ensure rail services continue to operate.
£1.2 billion to delay by a year the implementation of reforms to off-payroll working rules for the private sector.
£1.0 billion to extend Statutory Sick Pay (SSP) and temporarily remove the minimum income floor in Universal Credit.
£0.8 billion of extra funding to frontline charities across the UK.
£0.8 billion to support for small and medium sized businesses focusing on research and development.
£0.5 billion of funding for local authority to support vulnerable people.
£0.3 billion to investment fund for high-growth companies impacted by the crisis.
£0.1 billion to zero-rate of VAT on the sales of personal protective equipment (PPE).

PLUS deferred payments....
£30 billion for VAT payments deferred.
£11.0 billion for additional tax deferrals: self-assessment instalment due in July now due in January 2021.

PLUS other liquidity and guarantee measures.
£330 billion for loan guarantee programmes: Coronavirus Business Interruption Loan, Large Business Interruption Loan, Corporate Financing Facility, and Bounce Back Loan schemes.

Which ever way you look at it, it's a sizeable amount, but to sum it's not enough.
The trouble is every company and organisations are asking for more, everyone wants financial support, even the solvent are asking.
We've got a severe recession coming, companies are going under and people are going to loose their jobs, nothing the government does can alter this fact.
There's no right to employment and a certain standard of living, the sooner people and the MSM realise this the better. Especially the opposition sniping at everything after the event, and even then, offering no alternatives.

BTW, the EU are still talking and arguing about their €750bn recovery plan, and not due to meet for another 10 days, but that's the EU for you, hope, at a snails pace.

"Sunak is looking increasingly like an enormous liability to me"
Care to share your reasoning behind that Theosus.

I thought he had already pumped in +£105 billion or have you forgotten about that snige?

The way I read it is that BEM will be drilling KS and the PACIFIC Project will conduct their passive seismic imagery in parallel with the drilling. There's no direct reference to the drilling being funded by the Pacific project.

The RNS clearly states that Beowulf is a partner in the project, nowhere does it say that Pacific is funding the entire exercise.
In fact the EU/Pacific website quotes the following about our role in the project -
"The company contributes with its extensive geological knowledge of the project and provides the research group with existing geological data and geological models. The company also aims to drill a number of holes into the exploration target zones at Kallak South and Parkijaure to verify the results from the pilot test of the multi-array method."
Note..... The company aims to drill a number of holes into the exploration target zones at Kallak South. Now clearly BEM have engaged and are responsible for the drill contractors Kati Oy and subsequently one would expect the costs.

The partnership issue and the resulting RNS is very ambiguous, make of it what you will, but I don't automatically assume that the whole exercise will be funded by the Pacific project, this is the EU after all.
Budge should clarify this, hence my post about future dilution.
Just saying.

There you go WSB...
Shareholders in Lloyds Banking Group were “mugged” by the bank and five of its former directors during the takeover of HBOS in 2008.

https://www.theguardian.com/business/2017/oct/18/llyods-shareholders-mugged-by-2008-hbos-takeover-high-court-told

"We have a new drilling program to look forward to this year on Kal"
Yes Eric, we sure have and it won't be long before we'll learn how much it's going to cost us in the form of additional shares issued.
The saga continues.

Wizz-bang, read back its old news, tell us something new.
Better still do a bit more research.