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Falklands’ private sector project for an oil industry multi-million port

Friday, October 8th 2010 - 17:28 UTC
Full article 98 comments

An ambitious new multi-million pound port development – specifically for the burgeoning oil industry in the Islands – has been proposed for the western coast of East Falkland Islands. Read full article

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  • stick up your junta

    The social and environmental impacts of the project on the area will of course have to be assessed, but it could be the start of repopulating the Camp in a way we never imagined possible.

    Argies need not apply LOL

    Oct 08th, 2010 - 08:51 pm - Link - Report abuse 0
  • Hoytred

    I don't know whether it is significant, but the UK representative at the 4th Committee hearings made a slightly longer 'reply' than normal and included a bit about oil exploration - “ ... The representative of the United Kingdom, in response to statements by Paraguay, Uruguay, Nicaragua and Bolivia on the Falkland Islands, said that his country had no doubt about its sovereignty over them, and said there could be no sovereignty of the Falkland Islands unless the islanders so wished.

    He said that the United Kingdom’s relationship with all of its overseas territories was a modern one based on partnership. The democratically elected representatives of the Falklands had expressed their views in this year’s debate in the “Committee of 24”. They had asked the Committee to recognize that they, like anyone else, were entitled to exercise the right of self-determination. They had reiterated the historical facts: that the Falklands had no indigenous population; and that no civilian population had been removed prior to their people settling on the islands more than eight generations ago. They had confirmed that they were and had been the only people settling on the islands and that they did not wish for any change in the status of the islands.

    On the issue of development of the hydrocarbon industry, he noted that article 1.2 of the International Covenant on Civil and Political Rights supported that right. It stated that all people may dispose of their natural resources and wealth, and in no case, may people be deprived of their own means of subsistence....”

    Must have thrown the Argentine Representative who only managed to repeat last year's statement!

    Oct 09th, 2010 - 01:48 am - Link - Report abuse 0
  • Billy Hayes

    This port is a 100 millon proyect.

    This is like Cappozolo plan when his company tried to buy FiC lands in Malvinas.

    Oct 09th, 2010 - 03:40 am - Link - Report abuse 0
  • Hoytred

    100 million will be a drop in the ocean if that oil is viable !

    Oct 09th, 2010 - 06:22 am - Link - Report abuse 0
  • Beef

    And the good news is that the Sea Lion find is commercially viable as a stand alone field. The mrs finds we make the more I smile!

    Oct 09th, 2010 - 06:39 am - Link - Report abuse 0
  • Conqueror

    This is a wonderful iniative and project for the Islands. From what I can see, it looks like an excellent natural harbour with plenty of room for further expansion. So while it may start as a port for the hoped-for oil industry, it could become so much more.

    Well done to Cantray Ltd and Port Smyley Ltd and it's also good to see it being given a warm welcome by the FIG.

    Oct 09th, 2010 - 10:39 am - Link - Report abuse 0
  • Think

    Hmmmmmm.....

    Cantray Company director LEWIS CLIFTON....................
    Where do I know that name from?
    Ohhhh .......Yes......

    ”A top Falkland Islands politician and his shipping firm were today fined nearly £150,000 for insider trading.....
    http://www.thisismoney.co.uk/markets/article.html?in_article_id=472929&in_page_id=3

    Oct 09th, 2010 - 04:51 pm - Link - Report abuse 0
  • stick up your junta

    @ Think

    Still the Falklanders are pretty forgiving,just like you Argies

    http://en.mercopress.com/2010/10/06/president-pinera-s-cousin-and-senator-says-the-kirchners-are-not-to-be-trusted

    Oct 09th, 2010 - 06:53 pm - Link - Report abuse 0
  • jerry

    1 stick up your junta - It does not appear that you are too familiar with environmental impact studies: “The social and environmental impacts of the project...” Environmental impact studies already include “social” impact as part of the study.

    Oct 09th, 2010 - 08:06 pm - Link - Report abuse 0
  • stick up your junta

    @jerry
    tell Sharon Jaffray :-)

    Oct 09th, 2010 - 08:50 pm - Link - Report abuse 0
  • Hoytred

    Seen the latest from the Buenos Aries Herald ?

    “ ... Deputy Foreign Minister Alberto D'Alotto announced during a press conference held at the Government House that the Naval Hydrographic Service received a report from the UK which stated the possibility of ”performing missile tests from the islands.“

    ”The Argentine government expresses its formal and energetic protest to this planned military exercise and demands the British government refrain from carrying it out,“ D'Alotto said, reading from the letter....”

    Why would the Royal navy inform the Argentine Hydrographic Service of military exercises in British waters?

    Hydrography = the science of surveying and charting bodies of water, such as seas, lakes, and rivers !

    If Britain wanted to inflrm Argentina that it was intent on carry out tests or exercises then it would have done so at a diplomatic level, and not sent a letter to the surveying dept. Something lost in translation maybe :-)

    Oct 10th, 2010 - 12:04 am - Link - Report abuse 0
  • Think

    Not an iota lost in translation........Not one....

    Oct 10th, 2010 - 04:46 am - Link - Report abuse 0
  • Hoytred

    So tell me Think ... why would the RN inform your surveying department? A little strange, no?

    A suspicious person may consider the timing and suspect Argentina of trying to rouse a little sympathy before the 4th Committee's final meeting on decolonisation on Monday. Alternatively, the story may be a plant to make Argentina look paranoid in front of that same committee.

    As an extreme alternative, Argentina could be looking for a pretext for another invasion!

    But then again, maybe the British ARE planning military exercises in the Falkland Islands ...... it's not as though we've got the opportunity to fire missiles anywhere else ...... !!

    Doesn't sound like the real deal to me Think .... perhaps I'm overly cynical ??

    Oct 10th, 2010 - 04:55 am - Link - Report abuse 0
  • Think

    British cynicism is only exceeded by their arrogance….

    All your suppositions, minus the “invasion” one, could be plausible….....

    Never the less, the Brits are officially starting their “war games” today……

    A suspicious person may consider the timing and suspect the UK Armed Forces of trying to provoke some kind of ”crisis” to rouse ”sympathy” little more than one week before the publication of the Strategic Defence and Security Review……
    http://www.defencemanagement.com/news_story.asp?id=14388

    Oct 10th, 2010 - 07:22 am - Link - Report abuse 0
  • Hoytred

    Hmmm ... interesting. Now if I was organising matters I'd have waited until the UN's 4th Committee had finished dealing with their review of C-24's work before I'd let the news out. Unless, of course, I wished to convey the message that I didn't give a damn!

    But what are we talking about? The troops on the Falkland Islands playing war games? Something bigger?

    And yet there's nothing in the english press, even this story hasn't been taken up so far by anything 'important'. Rueters Africa (?) picked up the story from the spanish language newspapers in Argentina, but it hasn't made anything of a splash! I tried both 'Google' and 'Newsnow' with only a couple of obscure news agencies plus Yahoo ? Still doesn't amount to much.

    Have to see how it plays out :-)

    As for arrogance ! Well we won't complain about you playing war games on your ground if you don't whinge about us playing war games on ours!

    http://www.un.org/News/Press/docs/2010/gaspd454.doc.htm

    Looking forward to Monday's meeting :-)

    Oct 10th, 2010 - 07:49 am - Link - Report abuse 0
  • stick up your junta

    British cynicism is only exceeded by their arrogance

    So it wasnt just the railways we gave you Argies

    Oct 10th, 2010 - 07:49 am - Link - Report abuse 0
  • Beef

    In defeating the military junta we also sped up the colapse of this dictatorship. Is that arogant or historical fact? So in addition to arrogance we also helped Argentina with their railways and their return to democracy.

    A democracy they wish to take away from the islanders.

    Oct 10th, 2010 - 08:02 am - Link - Report abuse 0
  • Think

    THIMC
    Extremely interesting article by Jamaica’s ex-High Commissioner, Jeremy Cresswell about Malvinas oil…..

    http://energy.pressandjournal.co.uk/Article.aspx/1925981?UserKey=

    Kindly notice that Rockhopper shares has plunged 25% or so during last week. (from 5,50£ to 4.30£)
    Maybe Argentina should consider buying shares if they plummet to a “good” price.

    Ohhh. No………. I forgot………. Argentina can’t do anything :-)

    Oct 10th, 2010 - 10:24 am - Link - Report abuse 0
  • Hoytred

    Think ... fill ya boots man! Invest a little. After all we are capitalists, so we don't mind where the money comes from :-)

    You never know, you could end up a rich man!

    Oct 10th, 2010 - 10:29 am - Link - Report abuse 0
  • Think

    You wish mate……….
    As I envision it; the “thing to do” would be to buy the controlling majority from the institutional investors and totally stagnate the exploration… keeping the area as a “ proven strategic reserve zone” of high value ……..
    Private minority investors (Brits, Islanders and other Commonwhealtians) will be left to “Rug” over their worthless shares until they decide to sell, preferably at a loss….
    That would teach them not to steal :-)
    Not at all an impossible thought…. A Quick calculation…
    1 to 1,5 billion dollars would buy the majority in all 5 Minnows at today’s prices….
    A mere 2% of our cash reserves would be enough for that purpose. But of course it would be best to get some Brazilian or Chinese capital to finance it…….

    Oct 10th, 2010 - 11:10 am - Link - Report abuse 0
  • stick up your junta

    @think

    It would most likly shoot your Argies in the foot,like most things you do to make life difficult for the Falklands,but do you know what,the Falkalnds wont belong to Argentina :-)

    Oct 10th, 2010 - 11:53 am - Link - Report abuse 0
  • Monty69

    Why all the sudden fuss about a military exercise? The British forces here carry out a major exercise and several smaller ones every single year, mostly to a resounding silence from Argentina. If I were a cynical person, I might be asking why they were suddenly getting their knickers in a twist about this one.

    Oct 10th, 2010 - 12:07 pm - Link - Report abuse 0
  • Think

    (22) Monty69

    It may have escaped your attention but…….
    Things have changed quite a bit since mid February 2010 in respect of the “Malvinas Issue”.
    Something about some oil….you know?……
    Britain (and the settlers) got already 28 years of ”resounding silence” (including some years of ”unilateral cooperation” from our side) as a kind of ”thank you” for helping us get rid of our ”bastards in uniform”.
    Thank you very much….. but…
    Game is over mate….
    New sheriff in town….

    Oct 10th, 2010 - 12:20 pm - Link - Report abuse 0
  • WestisBest

    28 years of silence of resounding silence? could have fooled me think, 28 years of trying to interfere with our affairs whenever possible more like, it's just lucky for us that you Argentinians couldn't organise a piss up in a brewery, long may that level of effectiveness continue.

    Oct 10th, 2010 - 12:29 pm - Link - Report abuse 0
  • Monty69

    Are you saying, Think, that you've only been interested in the Falklands since oil was discovered?
    You may have been silent about military exercises but you've been doing us over in every other way you can think of since 1982.
    'Unilateral co-operation'? Don't make me laugh. In the 1999 Agreement you commited to co-operation on various issues and you've failed on every count.
    'New sheriff' ?; tell it to the navy, mate.

    Oct 10th, 2010 - 12:31 pm - Link - Report abuse 0
  • Hoytred

    Think ... nothing has changed. The oil is just a possibility and until it starts to enrich the islanders then nothing has changed. Oh, and it's not theft because they own it.

    New sheriff ... yeah, right :-)

    Nothing has changed, nothing will change. On Monday the U.N.'s 4th Committee will do the annual thing and NOT pass forward a resolution on the Falkland Islands to the General Assembly for their attention. And as far as the UN is concerned, that will be it until next year..... all is normal, all is well, nothing is happening !

    In fact, the game was over in 1833 .........

    Oct 10th, 2010 - 12:36 pm - Link - Report abuse 0
  • WestisBest

    “A mere 2% of our cash reserves would be enough for that purpose.”

    What cash reserves? that money belongs to your creditors doesn't it?

    Oct 10th, 2010 - 12:36 pm - Link - Report abuse 0
  • Think

    (24) WestisBest
    Some days ago, you liked the idea of urinating on some Argie tombs in Darwin…
    Today is about a Brewery pissing…..
    You seem to have a fixation with ”Golden Showers” Sorry…. I’m not into that…..

    (25) Monty69
    You should inform yourself a little bit better,……. it is not so difficult……Just an example…. The 1990 Fisheries Agreement failed because the FIG(leaf) suddenly decided that licences for settlers should be granted for a period of 25 years instead of one year… Just like that… No consultation....Take it or leave it…. My way or the Highway….
    This is the constant in every negotiation with Britain regarding Malvinas…. Be it… 1968….. 1981…. 1990 or 1995….
    Game Over
    New Rules
    Stop Whining….

    (26) Hoyt
    New sheriff ... yeah, right :-)))

    Oct 10th, 2010 - 01:03 pm - Link - Report abuse 0
  • WestisBest

    eh? the Darwin cemetary thing was Wireless not me.

    anyway regarding your...ahem...interesting idea of persueding Brazil and China to buy what you say is already yours with the object of devaluing it....good luck with that.

    Oct 10th, 2010 - 01:16 pm - Link - Report abuse 0
  • Think

    (29)
    Wireless started it.... Monty69 showed some embarrasment about it... You tried to get a “free ride” on it....

    Besides.... not my idea but Jamaica’s ex-High Commissioner, Jeremy Cresswell's…..

    And he ain't no Forrest Gump.......

    Oct 10th, 2010 - 01:28 pm - Link - Report abuse 0
  • WestisBest

    Wow. That makes all the difference.

    As I said...good luck with it.

    Oct 10th, 2010 - 01:50 pm - Link - Report abuse 0
  • Beef

    Oh Think you have just shown how little you know as well as being unable to add up.

    1) why do you think the sp has dropped recently? Come on, give it your best!

    You then talk about about gaining control of institutional investors and think a couple of billion will do this. That is the response of an imbecile. Sure, given the market caps of the FI oilies you could buy the majority of shares (but this would be a take over and would see the sp sore to the heavens!). But you honestly think you could control the big institutional investors for 2 billion. Just a hint. These boys do not just buy into FI oil!

    Now how much would you need to control all of the big investment houses? You plank!

    Oct 10th, 2010 - 01:59 pm - Link - Report abuse 0
  • Hoytred

    Hey Cristina has made the Telegraph ( a little left wing for my tastes but I can live with it ;-)

    http://www.telegraph.co.uk/news/worldnews/southamerica/falklandislands/8053835/Royal-Navy-are-pirates-says-Argentinas-president.html

    Couple of things in the article, :-

    1) apparently these 'games' occur every 6 months and have done for 28 years (including April - which is after February, Think?);
    2) apparently Cristina has now removed all of the remarks from her Twit account (?)
    3) a suggestion that an Argentine naval vessel tried to question a fishing boat within Falklands waters recently - oops, the Royal Navy will be taking a closer look at that!

    So ... a story? Or not? Something for the papers maybe, but then it's a pity so few took up the challenge!

    Hey ho .... storm in a teacup .... again!

    And who shot the sheriff ?

    Oct 10th, 2010 - 02:03 pm - Link - Report abuse 0
  • Think

    (32) Beef
    I could never dream of trying to lecture you about ”the Stock Market”

    What I said was:
    ”Buy the controlling majority from the institutional investors” meaning, buying their Rockhopper, Desire, FOGL etc. shares….…

    Even an ignorant person as me knows that it would take “at least” five billion dollars to gain control over the world’s biggest institutional investors. (Joke …Joke… Joke and sarcasm !!)

    You would need at least 50 billion (Joke …Joke… Joke and sarcasm again!!)

    And, as I said before …. Not my idea but Jamaica’s ex-High Commissioner, Jeremy Cresswell's…..
    And he ain't no Forrest Gump.......

    But I could coach you about politeness….. I’ll attribute you calling me ”Imbecile” to an slight overdose of Chateauneuf-Du-Pape and a bit of nervousness about the financing of an expensive Gift to the Missus…..

    Have a nice Sunday evening……..

    Oct 10th, 2010 - 02:30 pm - Link - Report abuse 0
  • Beef

    Ah ha. CFK said pirates!!! I see Jack Sparrow called in to a London school this week just gone. Arrrgghhhh I be a priate and I laughing my way across thy seven seas to thy Bank. Arrgghh

    Oct 10th, 2010 - 02:31 pm - Link - Report abuse 0
  • Think

    (33) Hoyt

    Even your close neighbors are publishing this “important news”…..

    http://www.sggp.org.vn/thegioi/2010/10/239752/
    http://www.sggp.org.vn/thegioi/2010/10/239752/

    The Dutch are suddenly interested …. (Fugro NL??)
    http://www.sggp.org.vn/thegioi/2010/10/239752/
    http://www.sggp.org.vn/thegioi/2010/10/239752/

    Your cousin too….
    http://www.sggp.org.vn/thegioi/2010/10/239752/

    And our good samba Neighbors…..
    http://www.sggp.org.vn/thegioi/2010/10/239752/

    We expect much more press coverage tomorrow….. The world luuuuuvs “Pirat Stories”

    Oct 10th, 2010 - 02:54 pm - Link - Report abuse 0
  • Zethee

    Oh noes! argentina disputes something! what shall we do?!

    Nothing.

    Oct 10th, 2010 - 03:02 pm - Link - Report abuse 0
  • Beef

    Think - My rudeness is down to being exhausted, which was precipitated by the start of the week looking after a vomiting 3yr old (hence am catching up and lesson planning over the weekend). I offer my apologies for any offence caused.

    The problem with trying to gain control of companies by buying the shares of the IIs is exaclty that. You would need to buy them and while the IIs will trade some of these (buy & sell) there is no indication that they are wanting to sell, in fact they remain buyers for the long term upside (as evidenced by the earlier bear raid).

    If an order of the magnitude did come in then this would trigger a take over approach and the price could easily go up 500-1000% in next to no time. Due to the number of shares in issue then this would dwarf the Korean take over of Dana.

    It aint going to happen. More chance of knitting fog.

    Oct 10th, 2010 - 03:14 pm - Link - Report abuse 0
  • Think

    No offence taken…
    It should be a law against puking children…..
    I agree with you that it is very unlikely for such a “takeover” scenario to develop…
    (Unless, of course, Argentina could pull a “reverse Lewis Clifton”)

    But…. What is then motivating Mr. Jeremy Cresswell to write such a frightening story….

    Hmmmmm…..

    Oct 10th, 2010 - 03:43 pm - Link - Report abuse 0
  • stick up your junta

    We expect much more press coverage tomorrow….. The world luuuuuvs “Pirat Stories”

    Bit like people being fascinated when a kid has a temper tantrum in the supermarket

    Oct 10th, 2010 - 03:58 pm - Link - Report abuse 0
  • Think

    The Russians luuuuv pirate tales too...

    http://www.delfi.lv/news/world/other/argentina-sasutusi-par-britu-militarajam-macibam-folklendu-salas.d?id=34550515

    http://www.delfi.lv/news/world/other/argentina-sasutusi-par-britu-militarajam-macibam-folklendu-salas.d?id=34550515

    http://www.delfi.lv/news/world/other/argentina-sasutusi-par-britu-militarajam-macibam-folklendu-salas.d?id=34550515

    Oct 10th, 2010 - 04:53 pm - Link - Report abuse 0
  • Marcos Alejandro

    “The Twitter posts threaten to increase tension between the two countries at a time when British companies are beginning to explore for oil and gas in the region”

    Cristina Twitter posts are bad bad for British business.

    Oct 10th, 2010 - 05:46 pm - Link - Report abuse 0
  • stick up your junta

    Love this from the De limburger ,using my ACME translator

    In 1982 the two countries on these islands in a short and to the Argentine soldiers disastrous war.

    Oct 10th, 2010 - 06:20 pm - Link - Report abuse 0
  • briton

    LISTEN all things have to be tested [savy]
    so if we need to test things over your country, thats just the way things are. if they fall on you, its called bad luck,
    their are winners and losers,, you are losers [savy]
    their are nice people and bad people [thats what you are.
    bad goverment, silly military, brainwashed people,
    besides that, not to bad i supose lol

    Oct 10th, 2010 - 09:10 pm - Link - Report abuse 0
  • stick up your junta

    Argies back Serbs over Kosovo

    http://www.buenosairesherald.com/BreakingNews/View/47720

    The clashes and massive police deployment in Belgrade highlighted the intolerance that still pervades Serbian society

    Many see Sunday's march as a test of Serbia's readiness to become a more modern, open society after the hatred and intolerance that fueled the 1990s Balkan wars

    seem to have a lot in common

    Oct 10th, 2010 - 09:40 pm - Link - Report abuse 0
  • Marcos Alejandro

    33 Hoytred “ a suggestion that an Argentine naval vessel tried to question a fishing boat within Falklands waters recently - oops, the Royal Navy will be taking a closer look at that!”

    Didn't HMS Gloucester , nuclear submarine and the rest of this amazing Royal Navy suposse to prevent the Argentine Navy to do that? I guess they were busy snorting all that cocaine that they found on the way to Malvinas.

    Oct 10th, 2010 - 09:46 pm - Link - Report abuse 0
  • stick up your junta

    ARA Drummond didnt hang around

    Oct 10th, 2010 - 09:51 pm - Link - Report abuse 0
  • Marcos Alejandro

    http://www.telegraph.co.uk/news/worldnews/southamerica/falklandislands/8053835/Royal-Navy-are-pirates-says-Argentinas-president.html

    “The Argentine crew contacted the fishermen, who were several miles inside Falklands waters, and demanded their details. The boat, from Port Stanley, eventually moved away”

    Oct 10th, 2010 - 10:10 pm - Link - Report abuse 0
  • Hoytred

    An amazing post there from Marcos who apparently, and against all expectations, can cut and paste! Well done.

    I should also point out that although the fishing vessel was reported to be several miles within Falkland waters, there's no suggestion the Argentine vessel was! They used a radio, and Marcos ... they don't have to be too close. Or am I overestimating the quality of Argentine equipment?

    On the other hand I can find nothing to confirm the story, .... any islanders please?

    Think - as you know, I'm mono-lingual ........ which practically makes me 'French'! (it's an old joke:-)

    Oct 10th, 2010 - 11:32 pm - Link - Report abuse 0
  • Frank

    Going back to #14 if I may... old news simply dredged up by the Kirchner Clones... http://www.epd.gov.fk/wp-content/uploads/Port%20Harriet%20Missile%20Range%20-%20Environmental%20Statement.pdf
    Gunnery, missile tests etc are promulgated as a matter of course in NOTAMs and Notices to Mariners ( which is where the Hydrographic Dept comes into it )... also it seems in the Penguin News... ho hum

    Oct 10th, 2010 - 11:33 pm - Link - Report abuse 0
  • Hoytred

    http://www.voanews.com/english/news/Argentina-Protests-British-Military-Exercises-on-Falklands-104661999.html

    Love the photo on this report ... the quality of Argentine protestor is amazing ... but how come they look so bored ? :-)

    Oct 10th, 2010 - 11:37 pm - Link - Report abuse 0
  • Zethee

    Have to love how Argentina contiues to use the word piracy when, by definition a state can not commit piracy.

    Oct 11th, 2010 - 12:37 am - Link - Report abuse 0
  • Frank

    #51 they just plucked a random half dozen off the street and gave them two placards... they have no idea why they are there ..........

    Question re ARA Drummond ... why name there ships after Britishers... ? Oh thats right.... no Britishers... no Argentina....

    Oct 11th, 2010 - 12:49 am - Link - Report abuse 0
  • Hoytred

    Think - I suspect you may be right and the whole missile story may be a cynical plant by the British to sway the forthcoming Defence Review. There are already mutterings that the Review must not affect the Falkland Island's defence .... you don't think that Cristina could be an agent of M.I.6 ??

    Anyway, today is Monday and the UN 4th Committee should be about to round up it's review of this year's work by the C-24. I was wondering why Argentina was now going to such lengths to include the phrase “ the Falkland Islands, South Georgia and the South Sandwich Islands” (or the spanish equivalent) in every sentence. Then it occurred to me that South Georgia and the South Sandwich Islands are not on C-24's list!

    They are not colonies and cannot therefore be considered by the C-24. Argentina is trying to force their inclusion through repetition.

    Another cunning plan eh .. not entirely certain where the turnip was involved .. :-)

    Oct 11th, 2010 - 01:08 am - Link - Report abuse 0
  • Think

    (51) (54) Hoyt
    The picture from the Voice of America you comment at (51) is an old ”file photo” from some of our veterans (see footnote)
    That’s the way they look…. ........
    Surely not like yours, always in an impeccable suit, a magnificent career and a poppy in their lap.
    Funny thou to read how Frank the Yank (53) always gets it wrong ……..
    Jepppp…. Today is Monday and the “Word War” continues in NY.
    Boring but necessary :-|

    Oct 11th, 2010 - 04:04 am - Link - Report abuse 0
  • Billy Hayes

    you are wrong mr.think; argentina won´t buy anything, this jamaican guy is trying to inflate fkl stocks.

    we will see monday.

    trend is showing that sea is the target; no more land as in ´82. trend is showing that stock holders could be a lobby factor calling for negotiation.

    argentina oly have to interfere/cancell during a period of time all sea activities while stocks plumb.

    Oct 11th, 2010 - 04:29 am - Link - Report abuse 0
  • Hoytred

    Still raving Billious?

    You can't stop all sea activities, because you don't own or control the sea! Now if you manage to get Brazil on board fully, then the oil industry will get to be more expensive.

    Whether that's enough to slow it down will, of course, depend upon the anticipated profits.

    Oct 11th, 2010 - 05:35 am - Link - Report abuse 0
  • Cadfael

    It's not pirates she's talking about in that picture, it's PRIVATES!
    As in “I can suck one this size!!”

    Oct 11th, 2010 - 08:08 am - Link - Report abuse 0
  • Hoytred

    Check out the photo they've used in this one -

    http://www.dailyrecord.co.uk/news/uk-world-news/2010/10/11/argentina-president-cristina-kirchner-blasts-britain-over-falklands-missile-tests-86908-22625274/

    .... hint of madness showing there I think :-)

    Oct 11th, 2010 - 08:40 am - Link - Report abuse 0
  • Frank

    #55 OK resident dickhead, where were the errors.... missile tests have been taking place since 1982, Drummond is not a Spanish name, they have a *file* photo of half a dozen unemployed derros with a couple of placards.... obviously nobody making enough fuss just now to warrant sending out a photographer....

    Cadfael.... she certainly din't get lips like that from sucking on mangoes....

    Oct 11th, 2010 - 10:00 am - Link - Report abuse 0
  • Hoytred

    A public holiday in Uruguay apparently, hence the 'slow news day'. Still the Buenos Aires Herald finally caught up with a piece on a complaint to be submitted to the UN Secretary General ... adding as its final sentence - “ ... : ”President Fernández de Kirchner has been pointing out the issue before the UN General Assembly for years. We need to democratize the United Nations, for the Security Council should not be deciding on matters it is competent about.”

    For years ... is telling, but what is wrong with the Security Council deciding upon matters it is COMPETENT ABOUT ???

    Desperate measures before the 4th Committee does its usual trick of ignoring Argentina's whinging? Argentina knows full well that the General Assembly has not voted on any Falklands proposal for years and that the UK is NOT in any breach of ANY UN Resolutions .... as I said, desperate measures :-)

    Oct 11th, 2010 - 02:45 pm - Link - Report abuse 0
  • Think

    (61) Hoyt
    It must be quite difficult for you to participate in an international debate being “Monolingual” but…..
    Things don’t get better when you willingly accept and choose to base your comments and arguments in obviously wrong translations....

    The final sentence you refer to reads in Spanish:
    “Resulta imperioso democratizar la ONU y eliminar el derecho de veto en el marco del Consejo de Seguridad, que permite a cinco países, entre ellos Gran Bretaña, vetar lo que decide el resto de la comunidad internacional“.

    Correctly translated to English:
    It is imperative that we democratizise the UN and eliminate the Security Council Veto Right., which allows five countries, between them Great Britain, to veto the decisions of the rest of the international community.

    A little bit ”under par” of you.... always asuming that everybody else is Moronic......

    Don't you think?

    Oct 11th, 2010 - 03:31 pm - Link - Report abuse 0
  • Typhoon

    Go home, Spanish murderers!

    Oct 11th, 2010 - 04:00 pm - Link - Report abuse 0
  • Marcos Alejandro

    63 Typhoon , Old news, they already did 200 years ago, you are next.

    Oct 11th, 2010 - 04:41 pm - Link - Report abuse 0
  • stick up your junta

    Old news, they already did 200 years ago, you are next.

    Only when you leave the Falkland Islanders in peace

    Oct 11th, 2010 - 05:51 pm - Link - Report abuse 0
  • Think

    Today the “Pirate Story” reached the big players :-)

    http://edition.cnn.com/2010/WORLD/americas/10/11/argentina.falkland.exercises/?hpt=T2
    http://edition.cnn.com/2010/WORLD/americas/10/11/argentina.falkland.exercises/?hpt=T2
    http://edition.cnn.com/2010/WORLD/americas/10/11/argentina.falkland.exercises/?hpt=T2

    And I would like to include an very informative post from one of the Brits on Interactive Investor / Rockhopper
    http://edition.cnn.com/2010/WORLD/americas/10/11/argentina.falkland.exercises/?hpt=T2

    “I posted this a few weeks ago and unfortunately a complete withdrawal by BHP Billiton is now looking a distinct possibilty.
    Looking back to when Argentina started saber rattling early in the year, you could feel the change in attitude from BHP Billiton.
    If i remember rightly they were summond to a meeting in BA and were read the riot act about drilling in ”Argentinean“ waters off the ”Malvenus” islands. The united front presented by South American countries, and the veiled threats to BHP's interests in S.A. must have been hard to ignore.
    At about this time i remember one of the more informed posters on this BB saying that FOG and BHP were having serious disagreements about future plans. ---Since then NOTHING.
    Whether BHP drilled the Hot Spot at Toroa, or just an exploritary well nearby, i do not know, but they were comitted to drill (rig contract signed ) and they did.
    Only BHP know how usefull the information they gained from the drilling was, and what they intend to do with it in the future.
    The bigger picture for BHP must be to protect their existing operations and interests in all of South America, and if that means appeasing ARG by halting their exploration in dissputed waters, then it would seem a prudent course to take.
    BHP have stated that the Falklands is only a very minor part of their overall operations. So to walk away now would not be catastrophic for them, and armed with their drilled knowledge they could always try to come back at a later time when the political air has been cleared.

    Oct 11th, 2010 - 06:03 pm - Link - Report abuse 0
  • Islander1

    Hve been offline for a couple of days - but what a silly lady you have in charge over there Think and others - routine tests of an antiaircraft missile with a 6 mile range that have actually been going on several times a year for 28years! Christ the hullabaloo she is kicking up- or trying to - you would imagine the Navy are test firing armed inter continental ballistic missiles here! What a laugh!
    Think- do you in all honesty actually think that countries like USA,Russia,China let alone France and UK would consider giving up their vetoes in the Security Council for the sake of so called Argentine Democracy? Never mind the Islands - imagine the total chaos the world would be in if there was no serious sensible pragmatic control - we.d be on about World War 10 by now - if any world left! I,d have no objection to say a couple more joining the veto list like say India and Brazil perhaps

    Oct 11th, 2010 - 06:52 pm - Link - Report abuse 0
  • WestisBest

    She's not in charge, Old Nestor is in charge. The only way he could 'legally' hold onto power after his term was up was to instruct his missus to stand for him, we'll see what happens once her time is up...wonder if he'll have the guts to follow in his buddy Hugo Chavez's footsteps.

    Oct 11th, 2010 - 07:17 pm - Link - Report abuse 0
  • Think

    (68) WestisBest

    It’s comforting to see that your ignorance about the Argentinean political system matches flawlessly the ignorance of the worst Argentinean posters about your British Parliamentary Monarchy.

    For your kind info:
    1) The first two years of Nestor Kirchner presidency, he was called the “Puppet of Cristina” by the opposition because she was much more publicly known, strident and determined than him…..

    2) President Nestor Kirchner served one (1) period, from 2003 to 2007 and could have run for a second period without any problem, as per our constitution that allows two (2) consecutive periods….

    3) In the coming 2011 National election, them both can be candidates. It is not decided yet who is going to run.

    Oct 11th, 2010 - 07:46 pm - Link - Report abuse 0
  • briton

    well think, as long as they have your personel support, the world will be a safer place WONT IT.

    Oct 11th, 2010 - 09:13 pm - Link - Report abuse 0
  • stick up your junta

    Britain keeps a military presence on the islands, and the Falkland Islands government -- representing a population of about 2,500 -- says it remains committed to British sovereignty

    CNN got that right :-)

    Oct 11th, 2010 - 09:18 pm - Link - Report abuse 0
  • briton

    sadly then, its only argentina who wont belive what the islanders have been saying for hundreds of years, they only belive what they want to belive,

    Oct 11th, 2010 - 09:20 pm - Link - Report abuse 0
  • WestisBest

    @ think

    my apologies for mu innacurate summation, when it comes to the Argentine political system I find words such as corruption, dictatorship and genocide keep intruding on my thoughts for some reason.

    Anyway it's mighty big hearted for a red blooded Argentine male to defer to a woman, I had no idea Nestor was so progressive...
    .
    .
    .
    .
    ....maybe under all that plastic and makeup she's a man.

    Oct 11th, 2010 - 09:36 pm - Link - Report abuse 0
  • Beef

    Think. Of course Nestor is a puppet of Cristina. Dr Beef is a puppet of the Dr Beef I am married to. Just a natural order of things that husbands have to obey their wives. Men all over the world have this in common.

    Oct 11th, 2010 - 09:36 pm - Link - Report abuse 0
  • Think

    (74) Beef

    Don’t say!
    Three divorces.......
    1 Green eyed Basque brunette.
    2 Black eyed Mesoamerican mulate.
    3 Blue eyed Scandinavian silvery blonde.

    The first one was the best one…… Should have kept her….

    Somehow enyoing my freedom now :-)

    Oct 11th, 2010 - 09:56 pm - Link - Report abuse 0
  • Hoytred

    Think - thank you for the translation. I was relying on the Buenos Aries Herald, so what can I say. It's just as well that the UN uses english so much. Haven't seen the press release yet ... how did yesterday's match go ?

    As for the newspaper reports, well you did make a few majors the majority of whom took a straight lift from the Rueters report, and those that added noted the UK's surprise over a regular event. Overall I though the english language reports were very balanced, and some even made the UK look good :-)

    As for iii - hell, Think ... even I post on there and I haven't learnt anything useful from the people that post there since I started investing :-)

    Oct 11th, 2010 - 11:39 pm - Link - Report abuse 0
  • Think

    (76) Hoyt
    Buenos Aires Herald is not having one of their “proudest moments” in respect of their virulent oposition to the Kirchners.
    Long live the freedom of the press though....
    The UN press release came out many hours ago! (in French:-)
    You will have to wait for the “other language” version,... you Ingriss...
    About ii...........
    I can see through your sunglasses you are bluffing...
    No RKH shares on your hand.....

    Oct 12th, 2010 - 04:05 am - Link - Report abuse 0
  • Hoytred

    They are not the only shares in the world Think and I use a different name ... but no, I am not bluffing. Good site for a rant, but little else I'm afraid. I visit rarely these days.

    Of course, I've now seen the english version of the press release .... you know, I wouldn't be surprised if the UK withdrew from the process next year. The USA seems to get away with ignoring C-24 and seems not to make any response to the 4th Committee either ... looking at the UK's language, I can see us taking the same approach :-)

    Oct 12th, 2010 - 06:18 am - Link - Report abuse 0
  • Think

    Would luuuuv to see the Brits march away but.............
    The FCO is wiser than that....... I'm afraid............

    Oct 12th, 2010 - 06:30 am - Link - Report abuse 0
  • Typhoon

    @64 Not old news. You're still there. Time to wipe out the dregs.

    Oct 12th, 2010 - 09:15 am - Link - Report abuse 0
  • Hoytred

    Well, at the moment the only things that Britain remains responsible for is Foreign relations and Defence. Perhaps if we just dealt with defence?

    Oct 12th, 2010 - 02:00 pm - Link - Report abuse 0
  • Think

    Comment removed by the editor.

    Oct 12th, 2010 - 07:32 pm - Link - Report abuse 0
  • stick up your junta

    Q: How would you describe Argentina's President Néstor Kirchner?

    A: I would describe Kirchner as a demagogue. I don't agree with the [Argentine government's] perception that [former President Carlos] Menem's policies were ultra-free market reforms. They were not. They were a smoke-screen for huge corruption and influence peddling, which naturally had very negative results. And that frustration has moved the Argentine people to turn from the Menem demagoguery to the Kirchner demagoguery. I'm afraid that the results will be equally catastrophic.

    Oct 12th, 2010 - 08:37 pm - Link - Report abuse 0
  • Marcos Alejandro

    82 Think , Very intersting article you posted!

    Oct 12th, 2010 - 08:45 pm - Link - Report abuse 0
  • briton

    think, loads of crap, was it not the USA behind closed doors warning you of the dangers of falklands part two, but you can ignore them and try again ANYTIME, me old china ?

    Oct 12th, 2010 - 09:03 pm - Link - Report abuse 0
  • Hoytred

    Think you have a fan ... although I suspect it takes a lot of repetition before the mesage gets into Marcos' mind!

    But you are right of course, Argentina cannot do anything ... the impotence is there for all to see :-)

    Oct 13th, 2010 - 12:15 am - Link - Report abuse 0
  • Think

    Lewis Clifton better hurries building this Port development before the oil bubble bursts.
    RKH shares down 17% :-)))

    Oct 13th, 2010 - 08:18 am - Link - Report abuse 0
  • briton

    ports no good without a pass ????

    Oct 13th, 2010 - 09:56 pm - Link - Report abuse 0
  • NicoDin

    What about some moderns tall glasses buildings to be included too in the project we Argies would like to see mainland coast when arrive there.

    Oct 14th, 2010 - 04:08 pm - Link - Report abuse 0
  • Think

    Uppps...
    Rockhopper down 6,5% today
    Argos down 10,05% today
    Desire down 17,30% today (Duster on the way perhaps?)

    Remember to build a goode 18 holes Golf course!
    I heard that Sam Moody didn't make it into St Andrews :-)

    Oct 14th, 2010 - 04:26 pm - Link - Report abuse 0
  • NicoDin

    Buy, buy buy and then run, run, run : )

    Oct 14th, 2010 - 05:23 pm - Link - Report abuse 0
  • stick up your junta

    Things go down,things go up :-)

    http://www.buenosairesherald.com/BreakingNews/View/48125

    Oct 14th, 2010 - 06:24 pm - Link - Report abuse 0
  • Think

    Rackethopper, Argas and Dustire are losing value all to fast don’t you ”Think”?…….

    Oct 14th, 2010 - 08:17 pm - Link - Report abuse 0
  • stick up your junta

    Things go down,things go up :-)

    http://www.tradingeconomics.com/Economics/Inflation-CPI.aspx?Symbol=ARS

    Oct 14th, 2010 - 08:46 pm - Link - Report abuse 0
  • Hoytred

    From the Great God Wiki regarding the early exploration of the North Sea - “ ... The UK Continental Shelf Act came into force in May 1964. Seismic exploration and the first well followed later that year. It and a second well on the Mid North Sea High were dry, as the Rotliegendes was absent, but BP's Sea Gem rig struck gas in the West Sole field in September 1965. The celebrations were short-lived because the Sea Gem sank with the loss of 13 lives after part of the rig collapsed as it was moved away from the discovery well. Larger gas finds followed in 1966 - Leman Bank, Indefatigable and Hewett, but by 1968 companies had lost interest in further exploration of the British sector, a result of a ban on gas exports and low prices offered by the only buyer, British Gas. West Sole came onstream in May 1967. Licensing regulations for Dutch waters were not finalised until 1967......”

    etc, etc ...... this oil exploration is a LONG job Think ...... have patience :-)

    The situation was transformed in December 1969, when Phillips Petroleum discovered oil in Chalk of Danian age at Ekofisk, in Norwegian waters in the central North Sea.[4] The same month, Amoco discovered the Montrose field about 217 km (135 miles) east of Aberdeen.[4] BP had been awarded several licences in the area in the second licensing round late in 1965, but had been reluctant to work on them.[4] The discovery of Ekofisk prompted them to drill what turned out to be a dry hole in May 1970, followed by the discovery of the giant Forties oilfield in October 1970.[4] The following year, Shell Expro discovered the giant Brent oilfield in the northern North Sea east of Shetland. Oil production started from the Argyll field (now Ardmore) in June 1975[5] followed by Forties in November of that year.[

    Oct 14th, 2010 - 11:53 pm - Link - Report abuse 0
  • stick up your junta

    Nice to see when things go up

    http://en.mercopress.com/2010/10/15/argentine-consumers-inflation-expectation-for-next-12-months-soars-to-33.7

    Oct 15th, 2010 - 06:47 am - Link - Report abuse 0
  • Think

    Breaking news
    Desire Petroleum down 25% today....... (another dry hole :-)
    Argos Resources down 10% today....
    Rockhopper exploration down 4% today............

    Oct 15th, 2010 - 08:16 am - Link - Report abuse 0
  • Cadfael

    And of course arsendtina will have gusher after gusher when they start ... NOT!!
    That is IF they're brave enough to get out to sea in the first place!

    Oct 15th, 2010 - 08:22 am - Link - Report abuse 0

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