Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Those bonuses don't pay themselves...
We raised £9m in July 2020 to tender for larger contracts, December 2020 we raised another £7.4m to tender for larger contracts, So far NO contracts, am I missing something or has tendering got very expensive all of a sudden???
Hi stokey12 - My reasoning for thinking that we may get a positive RNS this week is that the AGM has now been confirmed & now INFA can move on plus there have been so many mentions of potential work in the pipeline that for something not to happen soon INFA would start to loose credibility.In short it comes down to a gut feeling but I could easily be wrong.As for the ML I see that going to the end of Qtr 1 however I am still saying 'Strong Buy' for the moment.
Chrisatrdg In relation to your 13.12 post may I ask what is your reasoning for thinking that we may have a positive RNS this week? My view is that with all the pressure from MPs about defence contracts you may be right. There is a backbench debate next week Thursday on the Integrated Review so the government might want to pre empt it. BAe and BAB will also have to share the work around or when the FSS tender comes around it may count against them.
I hope you are correct Chris as nothing else is going to keep it up. I think it is time for the sales team to improve their strike rate.
Not guessing, look at the RNS 16/12/2020, clearly says decision to be made during Q1 2021, quite often though these can be delayed, what I was trying to say is that I am sure that the decision makers probably know what the outcome is. For what it's worth I know quite a few people in the area as I used to keep a boat there, and most think it would be a great project for the area,
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Edit: For what its worth I have a feeling that we may get a positive RNS this week - here's hoping.
But sure what basis we would be throwing in the towel given the final consultation period has ended and the last update confirmed a decision should be made by end of March. Admittedly I’m not holding my breath.. but an crossing my fingers
A bit negative here today, no need to be, gas storage decision not in public domain yet.
42p should see strong support.
Thinking the same. Is drifting somewhat
Drifting downwards in the absence of substantive news. Can se 30’s. looming large. Have we now thrown in the towel on gas storage?
I note that the Stena Edda will now not be departing until 5pm today.
The full list of Defence questions can be found here https://commonsbusiness.parliament.uk/document/44920/html#anchor-0. There are some interesting ones.
stokey I wasn't suggesting that it was in any way from just a few days ago but, a timely reminder that the company is in a pretty favourable position with the medium to long term change of strategy by the UK govt to boost UK shipbuilding.
mcadder In relation to your 14.18 post you may wish to check the date of that article as Sir Michael Fallon is no longer the Defence Secretary. The current Defence Secretary is Ben Wallace. This does show the length of time HMG has been talking about shipbuilding you never know they might translate words to action at some stage.
THE MARITIME EXECUTIVE
UK Releases Cost-Conscious Naval Shipbuilding Plan
"On Wednesday, UK defense secretary Sir Michael Fallon unveiled a new National Shipbuilding Strategy focused on plans for the first batch of the Royal Navy’s Type 31e frigates. A price cap has been set of no more than $330 million each for the first batch of five vessels in the class – less than the cost of a U.S. Navy Littoral Combat Ship."
"The strategy is designed around an independent report by industrialist Sir John Parker.
Parker proposed far-reaching recommendations to transform the UK maritime industry and boost the prosperity of regions, shipyards and maritime supply chains across the country."
"The new strategy is intended to show that the UK government accepts his recommendations and will aim for what he called a prospective “renaissance” in British shipbuilding."
"The plan also outlines the acquisition of the new frigate class. In line with standing UK policy on warships they will be built in the UK. The strategy suggests that they could be built in a way which could see them shared between yards and assembled at a central hub. The first ships are set to be in service by 2023. Shipyards will be encouraged to work with global partners to ensure the vessel is competitive on the export market."
“I am very impressed by the courage that the Secretary of State has shown – and the Government – in adopting my recommendations, which were very extensive, and will change the shape of naval shipbuilding over the country in the future,” said Sir John Parker. “The next challenge is to come up with a world-leading design; one that can satisfy the needs of the Royal Navy and the export market. We have the capability to do that, the will is there and it is a tremendous opportunity for UK shipbuilding."
Stoney. I think I'll do that. Nothing ventured, nothing gained......
Speedy_Gonzalez In relation to your 11.20 I have just gone on to reddit and tried to post to r/wallstreetbetsnew but was not successful. If you have a reddit account perhaps you can post on it.
No sub Reddit that I'm aware of, Stoney. Just wishful thinking.......
Great point, Stokey LOL
I think that the SNP in their push for independence may have forgotten something. A large part of the Scottish Shipbuilding industry relies on MOD contracts. If Scotland becomes an independent then can they still build warships for England which would be a separate country? If they can no longer build warships would the Scottish Shipbuilding industry be able to survive? I know of one company that would be able to take over the work.
Speedy_Gonzalez In relation to your 21.12 post of yesterday do you know which sub reddit that is being used as I may be inclined to post factual information on Sunday.
Link to the whole debate and many others.......
https://www.theyworkforyou.com/lords/?id=2021-01-25a.1376.4&s=shipbuilding#g1376.6
Good to be back guy's. Let's hope so whatamess. Infa is definitely overdue a meaty contract or 2!