The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
https://www.linkedin.com/posts/john-wood-34601247_progress-activity-6856565136019263489-Gf5y
Enabling works are preparations to make a building site ready for construction. It covers activities from site preparation, creation of access routes, and the installation of facilities like security fencing, ramps, and placing of signs.
This along with johns comments regarding any potential issues with the licence - https://www.linkedin.com/feed/update/urn:li:activity:6853937505201377280?commentUrn=urn%3Ali%3Acomment%3A%28activity%3A6853937505201377280%2C6853940777614155776%29&replyUrn=urn%3Ali%3Acomment%3A%28activity%3A6853937505201377280%2C6853942636911362048%29
I feel comfortable the licence will be granted within 20 days
https://www.daera-ni.gov.uk/publications/application-marine-licence-islandmagee-gas-storage-project-notice-environmental-consent-decision
Let me know what you think is wrong?
Shame you call my posts rampy while I’m honestly trying to share facts as I find them, if I’m wrong about anything I’d be thankful to be corrected - I could say yours are deramping with your unrealistically long time frames - any amount of ship contracts could land between the 4 yard that are now fully reactivated with 500mil per annum capacity
The Company's flagship Islandmagee gas storage project will retain its name, with management remaining focused on obtaining the Marine Construction Licence and Final Investment Decision (FID) thereafter. Whilst the project now has substantially more life expectancy with the need for major volumes of hydrogen storage (subject to regulatory approvals) it is a relatively straightforward technical change to make in a phased approach as the project transitions from gas to hydrogen over time.
John Wood, CEO of InfraStrata plc commented on today's announcement: "We are delighted to make this announcement today, signalling the end of upgrade and reactivation phases. With the new national shipbuilding strategy due to be released in the autumn and the government's 10-point plan for a Green Industrial Revolution, we have confidence that the shipbuilding and fabrication business will deliver substantial value to all our stakeholders as we enter this exciting new stage of building our multiyear backlog of projects.
Since acquiring Harland & Wolff in December 2019, we have seen the organisation grow significantly; in August 2020 we reopened what is now known as Harland & Wolff (Appledore) and in February 2021, we acquired two ex-BiFab sites based in Scotland - now renamed Harland & Wolff (Arnish) and Harland & Wolff (Methil) respectively giving us one of the largest fabrication footprints dedicated to our core markets, in addition to two of the largest drydocks in Europe which at 80% capacity could give sales of in excess of £500m per annum when operational efficiencies have been achieved.
The ML will be announced within the coming 20 days - I liked the conclusive language used in this mornings tweet
https://twitter.com/islandmageenrg/status/1450761427636015109?t=2U6_tUcUrX7IbJyYrqr8hg&s=09
The MOU with navantia could turn into significant contracts - refer to the most recent interview
And we are in tender with navantia as part of team resolute which was given 5mil and it’s for potentially a 1.5bn contract out of the 22bn ship building budget
https://www.harland-wolff.com/news/pm-announces-largest-military-investment-in-30-years-a-comment-from-john-wood/
https://hansard.parliament.uk/lords/2021-10-14/debates/3078DACE-B677-4F72-B89A-B61747DA1632/RoyalNavyShipsAndFrigates
After the ML Harland are clearly in the strongest position in the last 52weeks
Happily invested and greatful for all the content shared on this board - after waiting for years surely LTHs can see Harl are at a significant turning point while the mcap is the value of only
While in a gas crisis and need for storage - island Magee is a solution
And ruffly meaning we don’t know yet - could be more could be less - an article surgests 44mil - a credible posted yesterday said 30mil for the queen elizabeth carriers
JW said the first uk defence contract due in a few weeks 4 weeks ago
Bit pedantic there Tonno, pointing out other peoples spelling mistakes. Think we got the gist of the post, even if some of it is either obviously wrong or exaggerated. But hey ho, people seem to like rampy posts atm,and why not.
All I'm saying is DYOR. And not just on the company. ;)
( that's why there getting there licence back )
Do you mean "that's why they're getting their licence back"
and what is meant by "ruffly"?
You think that is the only thing wrong with that post, Bubble. lol
60yrs supply of hydrogen Wiseinvester
20 day countdown to receiving their ML licence - if/when its granted - they will be back to funding discussion of circa 300mil+ for there gas/hydrogen storage enough for 30% of the UK for 60 days ( will generate 75mil+ revenues per annun for 40 years ) and will be the solution to the current crisis ( that's why there getting there licence back )
https://www.defenseworld.net/news/30435/Navantia__Team_awarded_Fleet_Solid_Support_ship_Design_Contract_by_UK_MoD#.YWx0gmnTVPw
Currently in tender for a 1.5bn uk defence contract - and are due a smaller defence contract anyday the should valued at ruffly the current mcap
The current mcap is equivalent to just there 3 contracts ( 26.5mil - 1.5mil and yesterday's ) excluding all infrastructure, the ML, team resolute, the as of yesterday's rns -
All docks are now reactivated and open - with the potential for 500mil per annum at 80% capacity
A serious investment at a major turning point - the ML should be the first major green light from 1 of their 3 company makers
Here was there previous terms before the licence was revoked in 2019 that crashed the SP from 154p - that will be available to us again after its granted in couple weeks - and now the docks are now reactivated after 18months+ of work and starting to fill their backlog ( recent interview said 7bn+ unwaited 2bn waited )
https://tanknewsinternational.com/infrastrata-and-vitol-sign-term-sheet-for-gas-storage-capacity-at-islandmagee/
https://en.m.wikipedia.org/wiki/Vitol
https://www.harland-wolff.com/news/infrastrata-ceo-confirms-6-parties-interested-in-offtake-agreements/