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Yes quite obviously it is gas storage and this is not to be used for storing oil, why state the bleedin obvious.
Point being traders at this moment traders cant find anywhere for one form of energy, its not beyond the realms of fantasy for it to happen to another form of energy.
Not really, INFA has no storage facilities whatsoever as it stands and that it has planned, could not be used for oil. The current oil storage problem will be a very short lived problem in terms of being able to build new storage facilities.
You'd think at a time when traders are having to pay people to take their oil as they've nowhere to store it, that a company proposing to store gas would fair a little better than a 4% drop in its share price.
Still every possibility of H&W landing some blockwork in upcoming rounds of contract awards.......
https://www.bab****international.com/news/bab****-announces-type-31-supply-chain-contract-awards/
Sean Donaldson, Managing Director for Energy & Marine, said:
“Team 31 have committed to a programme of investments to deliver prosperity in line with the National Shipbuilding Strategy. We are delighted to welcome these key suppliers to the supply chain for the Type 31 frigate programme, and we continue to engage with additional suppliers to support this exciting programme for Bab**** and the Royal Navy.”
Infa now two trick pony , if one fails we got the other, the strongest by far is h&w .
If infa comes through its a bonus ,
the previous regime where clearly useless; we have pinned all our hope om jw pulling this off , covid causes all sorts of problems, the fact that he sold h&w to the ii gives me hope ,
Well, the Youtube podcast/interview with Donald Leggatt of LSE came and went in the week !
On the positive side as always JW came over as confident and eloquent using his wry Scottish accent and smile to best effect throughout with minimal interruptions to the flow and certainly not boring at all. "Now Look Ya here " seems to be his catch phrase !
We have a Midcap of about 8m. In anticipation of the interview and only partly as a result of the announcement on Tuesday of receipt at last of E.U. funds, there was seemingly exuberant activity in the market with over 1.2m value of shares purchased....now that is some value indeed with no real news on the Monday.So there is certainly pent up interest and demand but there will always be sellers until we have positively sound news not just " hope and expectation" as Fredr commented on Wednesday .
On the negative side we are still not clear as to the real reason for the extension of the consultation period,do we have any orders/work in the short term for the yard and are the employees being furloughed ?
JW is correct to say that he is not going to announce every new docking but the podcast gave no indication of actual likely occupation of both docks in the next 6 months as only reference to various "pipelines" and break even by year end .No mention of Barrow and any extension of the FSRU project. Only a glancing comment !
So we just have to hope that ML will indeed be just 4-6 weeks away with no hiccup,that H&W do have some firm dockings scheduled and that the money men and financiers have not given up on the project after Covid-19 and can still lead us to FID say by June/July ---hope indeed ! If JW pulls FID off and keeps H&W ticking over to break even he will have secured a blinder for this AIM Tiddler --One last thing..... there are increasing rumours of employment issues in N.I. and Larne area is not excluded !!
Glad to see this excellent interview, and also really glad to see a lot of positivity has returned to this board's messages.
I thought that JW came across far better in this interview than he did in the last one broadcast. He seems to have matured as a CEO, more modest, less ****sure and no putting out of unrealistic milestones.
Assuming the marine licence is granted, funding for IslandMagee is going to be interesting.
He clearly takes on board the criticism from here (and elsewhere) around the lack of information issued re contracts for H&W, nevertheless I maintain that he should be less elusive in this regard; throwing out impressive-sounding numbers is all well and good, but we need substance, man!
pipelines now complete and operational. see last 2 press releases, looks encouraging.
http://www.gastothewest.com/
Excellent interview with John Wood and i for one am very impressed with the guy. He talks about creating 1500 jobs and having lots of different revenue streams for the business.
This is going to be huge but you have to be patient until the corona virus scam is out of the way.
GLA
BTB
A very positive interview. But as always based on 'hope and expectation' for the future. Same old story all the way with this gas storage project, and now with H & W. ( But that is to be expected with this type of project at this stage) John Wood is one of the most capable CEO's I think I have ever seen and he has pulled of some remarkable deals for this AIM tiddler. And there's the problem....with a Mrkt Cap of a piddling 8m and 3.8bn confetti shares in issue, no one takes them seriously!
Upbeat as I had hoped. Guarded as for big announcements but given current environment that's to expected. I have added to my position, again, today. I remain totally convinced that the outlook is extremely positive. If only a tenth of the turnover talked about came through for H and W, the current share capital would look like a steal. At this price, I view the SP as an option on the ML. If it comes through then I see it as a 50/1 winner. I like to think that the regional bias which this government pushed in its manifesto will stand this company in good stead. With a fair wind this company can, and I believe, will, become a significant success.
Yeah, seemed quite a positive outlook for the future once a few of the outstanding milestones are met.
A couple decent contracts for H&W, especially defence, would certainly prop things up in the meantime.
As to the markets reaction in this climate is anyones guess. Bit of a drop today after yesterdays rise but, tbh, it's a blood bath across a lot of sectors today. Not that we have that much downwards room to play with.
But, if something did happen you can see how quickly this would get jumped on.
GL, Si. :)
Donald Leggatt@DonaldLeggatt·49m
Interesting conversation with @InfraStrata_Plc CEO. 821M pipeline, breakeven by year end, cruise work expected. 1500 jobs to be created, Marine Licence decision in 4/6 weeks. View John Wood here: https://youtu.be/A3j-E1A3810
Not sure how the markets will react to todays interviews even though there is clearly a positive future for INFA but no agreements yet signed.How did others see it.Now back to Hold for me.
London South Interview - just out !!!!!!
https://www.youtube.com/channel/UCizya3XxdljX_KH7zY4YjWw
Have I missed these 2 things in the repeated website failures at LSE?
Anyone know what time the podcast would be available (guessing there is one as he had the interview yesterday?)
Let’s hope this is the start of getting in the right position to propel INFA into the stratosphere once we are through this terrible time. Come on JW !
Morning All,
Newbie here today, been looking at this for a while and missed the boat this morning unfortunately, but still see good potential going forwards. I'm also a little sentimental on H&W from the Titanic days..!! On a more serious note- it is such an iconic brand of quite how good the UK ship-building and all things maritime was historically, and hopefully can be again. Of course it still is to a degree- we have some world-leading maritime industries.
Do see a good range of projects here for the future though.
GLA!
TheEast
Podcast on it's way and we might end around 0.4p ... we could do 100% easily today.... SP creeping up nicely, consolidating ...
To get any descent amount you have to pay a premium ..... great RNS