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But the Tories were predicted to win by circa 30 seats by pretty much all pollsters, so why would a few dozen more make such a difference.
Apologies, the ‘couldn’t agree more’ was in response to the tweet you shared Spud.
Couldn’t agree more. There appears to be a lot going on behind the scenes that we aren’t privy to. I repeat myself, they need this to succeed as much as we do. Let’s hang in there.
I agree loosegoose that not sticking to the planned timetable is unpalatable to all shareholders including me. And yet as professionals we come across roadblocks and obstacles sometimes and at others we change long-standing plans upon seeing new opportunities, as they did when they saw H&W and grabbed it with both hands. Why not offer the same consideration to this board? S*** happens, best-laid plans and all that. Equally, the tone of the RNS gives me confidence that they know what they are doing.
On how long they can hold on to info before releasing RNS - your guess is as good as mine. But I would assume that if we are relying on the professionalism of this team (and I suppose we are since all of us have our hard earned monies invested here) then we must have confidence that they are abiding by the regulations governing news release. They need this to succeed as much as we do. All project related decisions so far have been well calculated - they have managed what few others have. Let’s give them some time.
In hindsight this tweet was a clue
https://twitter.com/JohnWoo64494325/status/1205258659804176384?s=19
The large working majority must be the potential game changer
I have belief in the projects. What I don’t feel comfortable about is the way the news flow has been handled. I am sure JW knew before this morning that he would delay FID - or was it the vote in parliament that changed his mind - must have been fast typists if that was the case. How long can one hold on to pertinent information before RNSing? It still sticks in my throat that 18 months ago we were told all licenses and permits we in place. 12 months ago we were told there was a better equity deal on the table and he was passing over the first 3. I believe in the projects and it is the handling of information that gets me. It is as pure and simple as that.
From what I see in the project RNS, there is no doom and gloom scenario as reflected in the last many posts. JW has had a game plan in the past and everyone praised him when his H&W acquisition came through. Clearly the board have a game plan now too - how is it that LTHS can’t see this and stick with this board’s commitment to the company?
JW promised first revenues in 2019 and he’s delivered on that. We are likely on track to being a fully functioning company next year. I’m sure there has been a sensible discussion amongst the board members before this major decision of the delay to FID was taken. This may well be to our advantage guys - JW and team have delivered in the past and there is no reason why they shouldn’t now.
A bit of volume and interest on the chat board lol
I don't understand peeps who come on here wearing their heart on their sleeve.
If you're not happy sell, if you're happy hold or buy more.
This decision to delay FID is either a masterstroke that will increase shareholder value significantly or it is (like most seem to think) a delaying tactic ending in the demise of the gas storage project.
Good luck with whatever personal decisions everyone makes
Just an attempt to predict the future course of events. I think :
1. The IM Project will be killed off citing problems with protestors. By June 2020.
2.FSRU will never get off the ground.
3. H& W will be back in administration by mid 2021.
4. The institutional investors will start tojumpship by mid 2020.
5. If they haven't already done so sensible large long term investors should begin to talk to their brokers about how best to proceed.
I don’t like to speak like that but he has certainly scarred himself and his reputation and proved untrustworthy.
Hard to regain.
Read this John.
And reply if you have the courage or integrity.
The RNS is a cop-out and excuse. No equity partner will just sit and wait. That is just naive to be believed. Election? Brexit? We knew all anout that. No. The FID deadline was never going to be met and I feel it is all codswollup. Meant to keep the minions quiet. Sorry. The cynic in me woke up again. Shame on you for the skullduggery and shareholder-abuse.
Btw....no it’s not worth going to Parliament re. AIM. Done it. More fob-offs than the Infa RNS’s. FCA toothless. Politicians ?...’ nuff said.
JW is scum. No more, no less.
Ok. Sh** happens. Especially in the hands of the seemingly untrustworthy or mushroom feeders. But Allianz hold 10%. Convertibles exist of course. But the institution would not be here without havong number crunched. Mm’s just love negative BB’s and take full afvantage. Never known it otherwise. We may not get our original shekels back in a hurry or at all....but Allianz are not going to buy up a dud loss-maker at 0.28-0.3p. The s/p depends on both IM and H and W. Daera have been provided with what they need.
Am I being too rosy here? I do miss the analytical uplifters on a day when faith has been shaken. I myself have been miserably critical of tge way John Wood has treated shareholders. He should be-and probably is not-ashamed. As should the BOD. Promises knowingly unfulfillable and secrecy. But I would welcome intelligent uplifters or grounders on a painful day where the red number ( on my part) got enormous and I fell for skullduggery on Wednesday by buying more.
The worm has turned and reality has started to bite. The framing of today's RNS is beyond weasel words.
Where exactly does this company stand (assuming it is not dead)?
Tango,the bus and sells as shown bear no relationship whatsoever to reality. The numbers are just a confection by MM's.
QuantumStar, good point you made ref the punters buying the Bid and OO. Shows just how cynical Mr Wee Rascal and his mate are.
Something to read while we await the next bombshell.
https://www.daera-ni.gov.uk/consultations/islandmagee-gas-storage-project-december-2019-consultation-ml-2812
JW.
Translate shares into Bitcoin.
Easier for you to spend.
No promises needed.
I hope you have the wherewithal and courage to read shareholders’ info-boards.
Ignoring them is another cop-out.
Twitter if you read this or any other posts in between RNS payments.
My next post may include my sort code and account number. I ( and others) seem to be paying for the company ..its subsidiaries and eployees and consultant .Repetitively.
Take my bank details.
More direct and at least I’ll know about it.
Blair peach thats what i meant great service i call it my best investment . I dont hold shares IM JOKING as my investments i got at the moment are not great
Great service, but I am not sure l would be holding Netflix shares much longer!
A lot today never know whats going on do we . Have a good weekend all im off to my best investment this year netflix lol
Hi setanta1 thats a nice wedge for 1 person -- This could go on for another year . I just pray they get contracts as keeping a work force is not cheap plus other out goings
Si,
That was my understanding also, which is why when the twinning of the SNIP was given great prominence, INFA (ie IslandMagee) looked such a promising investment. Hence my previous posting to the effect - no twinning, no IM.
I was under the impression that the only way IM could benefit mainland Uk was if the SNIP bi-directional work was undertaken.
Where was JW 's train heading, Twynholm or maybe Barrow in Furness?
SI, of course the II's were told what was coming..And Radders he is also resposible for the SP. And how do you know there ever was an equity funder ? Because MR. Rascal said so? Get real. And scored the 20M shares were given to one consultant not to any company. We have just been conned and there isn't even a glimmer of light even close. Whatamess, who said Mr Rascal and his sidekick are looking for another equitu partner. They're looking for grant money which could be like looking for a needle in a haystack.