Ann: St Griede Permit - Publication of Decision of French Govt, page-2

Hi all share holders, my opinion only ahead read but please DO YOUR OWN RESEARCH, this is in no way advice for how you trade or should trade. This announcement on St Griede Permit being extended until May 2018 in my option is the French government trying to cover their behinds. The French government wants all oil stopped by 2040 but in saying that is it realistic they have a lot of oil resources in France to mine before 2040. Is that realistic? Well the extreme are holding them to that claim instead of realising it as a goal. I've always predicted a handful of licences would be permitted as these projects if successful will produce a lot of oil for the France and their economy, even if oil is stopped in France by 2040 I promise you they will still need oil and why pay a premium to import oil esp as the price of oil is rising when they are literally sitting on oil reserves that can lubricant their economy for at least 50 years, like what I did there! It has been proven by countries like Norway even with reducing oil use in their country and still producing oil, they are well placed for building infrastructure for renewable resources that they want to head towards. I have always been sceptical of the research behind the ozone layer being caused mostly by oil, but I'm no expert. I know currently the world needs oil, and esp Australia, we have proven experts in this field who need licences/partners/grants and governments support from around the world. Gas2Grid has been hog tied for a while now and it would seem that it's getting closer to results time, Philippines and St Griede 2018 American joint venture and Australian joint venture possibly with our old connections?? With Philippines or St Griede extended we are set for a quick reroute let alone if both are given the green light. Looking forward to more news. GOOD LUCK TO ALL