RE: Look out for updated presentation8 Feb 2022 19:27
Eloro, Nberzins and Chinasyndrome and all the other wonderful readers out there who sometimes get forgotten.
What we do know is the board rewarded themselves generously for whatever they achieved to date. The insiders have skin in the game and all I can say is that I hope they are working day and night as if to save the planet as they were well rewarded. We will soon be in the ISA season here in the UK, which is really important here in the UK as new retail investors currently see fat juicy oil dividends and share price growth on oil stocks, however for those who support climate protection get no dividends and their share prices are not rising and in many cases going negative in a backdrop of an inflation spike. Bloomberg has reported that finance managers have expressed their concerns to the banking masters and governments leaders that if they do not do something very soon, all that retail support and goodwill after COP, not just on ISA public monies, but all the institutional support that was heading for this sector moves over into destroying the planet instead by helping to pump out more carbon to kingdom come and that any hope of delivering climate protection policies is completely and totally trashed on a monumental international scale. There is no plan or coordinated thinking on how transition is to occur and to be managed on a large coordinated scale. What we have is a sea of incompetence promoted above its capability of sensibly following any path to manage all of this and guide investors and the public through it all. Instead we have chaos theory communicated sometimes through Latin quotes from the privileged few in via an inflation proof bunker. As long as they are okay who cares about the future or anyone else.
The fact is the vast majority of people do care and it transcends beyond just the environment as it impacts on our future freedoms and any aspirations that may we have. What we all have in common on the climate protection front is that we are all trying to make our contribution. We are trying to support the best ideas and hope they can find the best execution mechanisms on the delivery. We are hoping that real intelligent leadership emerges and that the best people find each other, that they have compatible skills and deliver the outcomes that we need to make progress.
I have written to the company and asked them to communicate more with us. Well I hope they can respond and find some time to share on a number of issues at this time. Top of the list is what it is going on at Saltend and everybody deserves the respect to hear the reasoning behind it. Half the people in Hull are probably wondering the same thing. I am sure they can't cover everything, but a 30 minute Zoom call even if it is Paul alone with someone giving our key questions and him responding with real answers like on FEED. I think he is rewarded enough to give us a meaningful update. If things have not gone as planned, he can explain why. Ton