this post was submitted on 12 Sep 2024
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That's child's play for oil cash over 13 years. It's also less than half the story with opex not being divulged, and earnings is weasel words which isn't EBITDA or revenue or actual accounting terms, which can hide a lot of misgivings. Show me the full accounts and I'll be able to tell you more in other words. This is jim rattling his tax sabre still, and Holyrood can do fuck all really - it doesn't set any business taxes. This lies wholly with Westminster, who can certainly give in to Jim. Or buy it off him and have GBEnergy have their first assets. Or sink it and ensure Scotland is dependent on it's neighbour despite having the lions share of production