I think, yes.
Given the threatening authority of Argentina and the determination of Britain to maintain island security, I believe there is a middle ground.
Britain needs to give the Falkland Islands their independence, in much the same way as Jamaica achieved the same in 1962 while maintaining a Commonwealth Realm hold on the islands as protection against any military incursion.
Once independent and with a flag of their own, the next step is for the United Nations to accept admission.
This as a solution would protect the islands and any further claim by Argentina would in fact be a declaration of war on another country.
Personally I see Hellerick’s flag as a compromise between the flags of Britain, retaining the Coat of Arms, and Argentina’s colours, given that the bottom bar is in the form of waves; all highly appropriate, given their geographic location, which is a part of Argentina’s grief. I see such a vexillographic compromise as a vital part of the solution.
At the moment, the Falkland Islanders are British. With Independence they would become Falkland Islanders, neither British, nor Argentinian.
Any success by the Argentinians to make the Falklands a part of Argentina has clearly been soundly rejected by the people who have collectively determined that they don’t want any part of Argentina or it’s corrupt government. They, at least the majority, are of British stock and should not be obliged to change their heritage, customs, language or form of governance by anybody.
The Falklands would have their own maritime exclusive zone that would not conflict with that of Argentina.
The Falkland Islanders can be left in peace and be subjected to the capricious whims of neither the greedy British nor the Argentinians to form their own government and constitution.
Matters of oil exploration can then be decided by their own government, not the British who would obviously profit handsomely; nor the avarice of the Argentinians.
The Falklanders would be able to decide who explores, who drills and who their customers are. More importantly, it would give the Falklanders financial independence.
Basically, the answer to the conflict is, send both parties packing, or in more blunt language, “Sod off and leave us in peace!”
I think that this message is doubly important seeing that we are approaching the 30th anniversary of the sad state of affairs in 1982 and the possibility of matters coming to a head.
Who knows, perhaps in fifty years, like Jamaica, full independence can be considered and the links to Britain severed in safety.