@ La Redoute

Why should I spend GBP1 to buy the Memorandum and Articles of Gasol LNG Imports from the UK’s Companies House if for the same sum I can buy the entire share capital of that company which now has a major deal “sealed” with Konrat Mizzi’s Enemalta?

We will be generating far more electricy than we need?

Match that to what Miriam Dalli said in Brussels that she’s seeing Malta as an energy hub and presto we will be sacrificing more Marsaxlokk land to export this excess electricity through the interconnector.

http://www.independent.com.mt/articles/2014-10-23/local-news/European-Union-summit-in-Brussels-Can-our-interconnector-do-a-reverse-job-6736124295

According to Konrot Mizzi, Gasol plc is a “world class” company.

All your observations are right. But bear in mind that Gasol plc can use a wholly owned and controlled subsidiary to manage this project for it. That’s because such sub would be like an extension of Gasol plc.

What Gasol plc cannot do is to bring in another party in, or through, the subsidiary, unless it had declared that fact in the tender process.

The notes regarding “going concern” are, to put it mildly, of considerable concern.

A business that “cannot pay its debts as they fall due” (notes to the consolidated f.s.) is in trouble.

It’s a red flag if there ever was one. The only positive is, that they’re declaring as much, unlike others that went bust, pulling down more others with them.

[Daphne – It’s a plc. They have to.]

They can do another Arriva: saddle the country with their King Long buses and then pull out.

“Pastaza mill-kbar. L-ebda rispett lejn it-telespettaturi tal-istazzjon nazzjonali. Livell baxx tat-tielet dinja.”

Breeding will out. Years of hard work at a My Fair Lady accent won’t undo the fact that Ramona Frendo was raised by sub-literate Mintoffians in the Zejtun Labour club, and that was all she knew in her formative years.

Nothing wrong with that, but those are her limitations.

It’s not that she doesn’t know better, because she does. It’s that she’s incapable of it. Bniedma baxxa u hamalla min guf omma.

Not rathole, but asshole

@ La Redoute,
Dont bet on Tumas hanging around. Heard that a replacement is being sought.

This is a photograph of 40 New Bond Street. I see no sign of Gasol.

https://www.google.com.mt/maps/@51.5119728,-0.1441514,3a,90y,50.22h,88.74t/data=!3m4!1e1!3m2!1sMD55xFKT1zVXqXPKyIzpog!2e0?hl=en