Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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They just have Sheffield Forgemasters suppliers of high grade steel to the defence industry and others, has just been nationalised.
Mod pay 2.6m for the entire share capital and will invest up to 400M over the next decade.
Without this company we have no defence industry
It is probably time for the U.K. government to announce some good news for investment in the Northern Irish heavy industries.
Scotland has been hoovering up all the contracts for quite some time.
Thanks for replies guys; enlightening.
Thanks Stokey much appreciated. Had a quick scan and will read more in depth later. Gla
Jabido ref 10.13 post Firstly I would not call you a deramper as your negative comments like mine are reasoned and not just a negative comment. On what you say about BAB if you read the transcript of the 3.30 session at this link https://committees.parliament.uk/event/5026/formal-meeting-oral-evidence-session/ either David Lockwood or Glynn Phillip does actually question whether outsourcing is a good idea.
It seems I could be accused of being a deramper these days, believe me I certainly don't want to be given the money still invested here! The original award of contract did include us as part of Bab****s consortium. However I read somewhere that once we fell into administration our involvement ceased. From Bab****s perspective, we then came out of administration with the intention of being a friendly disruptor of the ship building duopoly, particularly with the team resolute set up. So Bab**** then decided to close off our involvement. Therefore Bab**** will not be giving us any work on the type 31 in my opinion. To do so would be assisting a potential rival of future contracts. Hope to be proven wrong but I'm not expecting any work from Bab**** or bae unless they are told to by the government
Schlum ref 09.12 post I remember reading something to that effect and it is certainly referenced in the brokers notes from Cenkos. Without looking up the notes I think there was talk of £350m of sub contracted work. Good thing I am not at H&W as I would use them not keeping to agreements on sub contracted work when doing tender bids as evidence that work would not be spread around other yards.
Wasn’t H and W part of the Type 31 winning bid. No news on this? Any work being subcontracted out?
Harland & Wolff Harland & Wolff 16,049 followers 9m • 9 minutes ago
'Our team is always at the ready. An emergency docking for the Arrow, part of the Seatruck fleet sailing between Larne and Stornaway '
https://www.linkedin.com/feed/update/urn:li:activity:6825862866214748160/
Edit: Great pictures