Member Info for tiggerman

For a senior director talking of his past and his FUTURE in SXX during the last few
days, he does not actually give the impression that it will not happen. In fact quite
the opposite.

..... floating by, a d a bit of it is theoretically mine.

We will only have utilised 5% of the mines licenced area in the first 100 years. I think we could consider 500 years.

From a total non oily, should LC prove to be highly successful / commercial, is it possible that a second well ( as per Lancaster ) could be drilled on the same spot ?? Since the drill goes horizontal, and can be tracked in opposite directions, a repeat copy of Lancaster could be set up. Or is my thinking total nonsense ?? ( dont be too rude ). It appears to have worked very successfully for Lancaster.

Good to see the next offload about to happen. Timing good, no awful rumours, so genuine expectation of 450,000 BOO or thereabouts.
It would be better if HUR ran their website in a somewhat more informative way and actually confirmed these basic progress details ... dates , times, quantities, flow rates, $$$'s, offloads, L.C. drilling progress ,........... none of this info seems to me to be top secret, and is perceived / calculated and reported by the more knowledgeable on this board , for which , as a non oily , my thanks, ( but often then distorted by the definitely less knowledgeable ). I do think that a company's shareholders do deserve a better news treatment, and it would then do away with a lot of the Fake news that appears.
I have dropped a note to Malcy and asked him to have a word with Robert next time he does an interview with him, to see if we can get some improvement. - Not only for our satisfaction, but a proper reflection for the SP, which at the moment does not ever seem to respond to the good news. Another $$$$$25 to 30 million dollars in the bank, and hardly a tremor.

Am I correct in my understanding that the AM has offloaded ( 450,000 boo or whatever ) onto Petro atlantic ?? , and it is now on its way to Aberdeen to be sold , and another $2*,***,*** dollars are on their way into the HUR bank a/c. ???
This to be the third offload.
I am still surprised at HUR's reluctance to RNS their success.

Having written to numerous ministers and mps recently, I am surprised to have had no replies at all particularly from the local constituency guys. They will all. have an election to fight and sxx will be headline news.

Depends on flow rates , but at say 13000 BOPD , for a load of 450000 BOO, last Rotterdam drop was 22nd July -- then you are looking at around 19th to 26th August. But that is only my ill informed guess and nothing else but.
But not that far away.

I would be amazed if SXX and the BOD were not already quite acutely aware of the LSE Board reaction. Investor Relations have already received a flood of mail, and no doubt are reporting back to CF the general tenor of the board scribblings. I have already drafted an e-mail to send to them regarding the huge , loyal , shareholder backbone to this company, and however cynical anyone on the board ( LSE ) is, I remain absolutely convinced that theBOD will have recognised the values of their shareholders ( Yorkshire, pro UK, pro UK mining product, pro market leading product, pro technology breaking development, pro jobs, pro huge potential GDP, pro giant sized tomatoes, etc., etc., ) and will be seriously concerned to not let them down.
I have total confidence in the St2 finance being satisfactorily finalised. I am sure that Simon Clarke, Robert Goodwill, Jake Berry, Ben Hauchen, Andrea Leadsom and co. are doing their utmost to move this forward at speed. They may have an election and Yorkshire votes to garner.
And if JPM do not come up trumps, there is always the gallant 85000 mounted and ready ( almost, - well nearly 20 at the moment ).

In a couple more weeks they will have another 450,000 BOO landed in Rotterdam and another $30,000,000 or thereabouts landing in the bank account, - and that will repeat again 4 more times this year , all things being OK.
And Lincoln Crestal hopefully announcing oil sometime next month, with future $$$ promise.
I cant argue with Biffadog.

Right,- so how many on this board would genuinely support such an investment project .
We already have around for starters. Reading some of the contributions from our more erudite contributors, it would appear that it may be possible to raise money in this way, and it avoids the one thing we all fear,- serious dilution.
I claim to be no.1 ( who cares ) - Just add your number on to the last one. It should not take that long to hit the multiple 100's.
Let us save SXX.

OK. After hours of consideration, put me down as Number 1.

Sounds to me to be remarkably easy in principle, very sizeable administratively, ( but probably costing less in fees than the bonds, ) very rewarding financially to the contributors, mind resting to all shareholders , in the knowledge that the minebuild would complete,, stop a rebellion in Yorkshire, an immediate rise in SP,..................... are there 85000 willing donors out there????
No idea if it is possible, never been done before on that scale, ........ one can only ponder, , ask, and wonder.

Sorry simonclarkecasework@gmail.com

I believe in corresponding with MPs . One e-mail may have little effect, but hundreds / thousands do have influence. Some MPs respond, others do not. Their choice but they do become aware. But the one thing you have to do is be totally courteous.
For the last three years I have written hundreds of e-mails . My own MP always responds , we have met several times, and we have an excellent relationship despite having differing views.
On SXX I wrote yesterday to simon.clarkecasework@gmail.co. or simon.clarke.mp@parliament.uk and to robert.goodwill.mp@parliament.uk ( both are Sirius constituenct MPs ) as well as Liz Truss, Boris, Kwase Kwarteng, Andrea Leadsom ( all business and trade ministers ), urging them to involve themselves with this case. If there is to be an election, then they will wish to win the N.E. constituencies in trumps ( forgive the expression ), and ensuring that SXX roars ahead, along with Ben Hauchens Teesside Freeport. Yorkshire is likely to be a very explosive place if they do not lend their backing.
Robert Goodwill recently asked a PMs question of Theresa May, and without doubt ( but little detail ) she backed the SXX project. She then renegued and pulled out. But she has now gone.
I am not certain what MPs can actually do other than wield the UK Infrastructure Fund, but Government support carries weight and influence.
I can only suggest that as many as wish their top favourite mine, run by their favourite CEO, get on their computers and send in a hail of concern.
But in actual fact, since I cannot see a half built couple of of mine sites be left to rot in the ground, I do have faith that , like Brexit, there will be a last minute Stage 2 finance agreement in place, ....... and then hell and high glory through to the finishing line.
Good wishes all.

The RNS only indicated in simple terms that more time was required for the completion of the bond issue.
It is a reasonable assumption that this was due to lack of positive progress at this stage, but leaves the position open for it to settle before end of September. Patently not very good news but the door is still open. The RNS was brief , as obviously at this stage, any further info, however much we would have preferred it to be , would presumably not help.
I am a long term holder ( 10 years ) and so far have lost a very significant packet. I suspect that most investors on this board are in the same position to varying degrees. Whether I lose more is very dependent on how CF and Co. resolve the issue. Assuming that they settle the bond issue in the next few weeks , then there will be recovery, the road to first product in 2021 will not have changed , the figures, the costs , the profits , the timings, and all else.
What I cannot imagine is that this mine will not get built. Such is the potential future for this mine, its long term life, its product, its profits, for exports, for Treasury receipts, for employment, for local Yorksire prosperity.................... that the UK Government would be crazy not tl lend its support to getting it up and running quickly. Theresa May was inept, careless, and incompetent in managing Brexit, and she has demonstrated similar levels of crass incompetence in withdrawing the support of the UK Infrastructure Fund from the Stage 2 Finance deal.
I feel personally helpless, but I have written to Robert Goodwill ( Whitby MP ), Kwasi Kwarteng ( Business Minister ) , Andrea Leadsom ( Business Secretary ) , demanding that they intervene in the interests of the UK and Yorkshire , as well as for myself. A flood of letters/ e-mails to our Government, who need all of the success stories they can get, might help.
My sympathies to all of my loyal fellow believers. This is a story that I had not anticipated.

Anyone have any specific or general idea as to next news dates on HUR. I can usually get a feel from those kind students of shipwatch who publish their research,
And the Shetland inhabitants who report sights of flaring.
It cannot be too far off.

Article in todays D. Tel. about Boris / Liz Truss plan to develop UK freeports including Teesside and ben Hauchen. All good grist to the mill - or the Wilton processing plant.
Of course Corbyn states that it will encourage crime, terrorism and tax evasion for the rich.

Can someone give me a guideline as to when L Crestal is likely to announce a possible result

You don't take on 15 new apprenti es if you are not pretty certain you will still be in business in 15 days time.