Obviously labour's politics are part of it, but I don't think that is the main reason. Assuming we do not have issues hidden for us, I think we are now just a retail lottery. No institutions want to have anything to do with oil & gas + they certainly do not want to invest in a 20% minority holder with no decision power. Even the fact that a private company could call the shots on a public listed company is a red flag for them.
Sure Labour has many plans as politicians always have up until election, but nothing has been implemented yet. I wonder how the rural areas of Scotland and England would fare with the job losses on top of what already left with the major players. Still as I have mentioned multiple times before. Sanity and common sense means nothing to them.
Beside the NSTA approval we have the conditional transport agreement with Shell which are not signed yet, and therefore posses a risk until it is binding. HHR needs to understand that this is not the time to stay silent. It is not the time to play cocky and greedy. Get some fact on an announcement and start taking leadership serious.
Q1 - 2024, page-231
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