Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Well that's 20k down the drain. Oh well you win some you loose some. That's the risk we all take but in this case I really do smell a rat. It's either a very bad smell or total incompetence from JW. How many promises about FIDand ML have we had from him over the last 3 years since he has been at the helm. Oh yes and how much have we paid him during that time?
Thanks Stokey, only 3 weeks to wait then to try and stop the rot.
Seems as if Poots and the NI politicians have a choice.Give IM the go ahead, or watch their beloved shipyard go out of business again.
Jabido In relation to your 12.31 post the first payment is not due until next month as the contract RNS said payment will be a month in arrears. As the contract was to start from 1 July that gives payment due in August.
I hope they are onto it as we speak. My shares in all other companies are taking a hammering at the moment. Aside from further contract wins, an rns to announce first receipt of revenue from Saipem is a must in my view (once it arrives)
Jabido In relation to your 11.51 post I am not sure about when a statement needs to be made but I would have thought that the drop in the share price in recent weeks would justify some kind of statement.
Well, this is dismal to say the least. No news, radio silence and destruction of shareholder value. We now sit with a market cap of 24m and dropping. Let’s put that into perspective against the last 3 placings and open offers that raised around 28.4m cumulatively in just 12 months. THE CURRENT MARKET CAP IS LOWER THAN THE CASH RAISED IN PLACINGS IN THE LAST 12 MONTHS. The placing on 10/7/20 shortly followed the FSRU announcement and the arrival of the 3 x Viking ships. The 23/12/20 placing shortly followed the LOI with Triumph. The recently heavily discounted placing and open offer was shortly after the Saipem contract – this is the only announcement that has come to fruition. Has there been a pattern of window dressing ahead of placings?
Does anyone know the parameters for companies being allowed to issue a 'we see no reason why the share price is dropping' type of rns? I've certainly been in a few shares where the nomad has told them to issue it when the sp is going up for unknown reasons. This is truly depressing. Where are the maintenance contract wins? Belfast workers must be getting nervous. I know there's a cruise ship in at the mo but it seems to be relatively small work. Re any leaks, maybe...but certainly not the ml in my opinion. The protestors would leak it all over twitter in an instant
INFA needs to address it quick time. 7% drop suggests something leaky of the bad news kind
JW needs to address this fall with a me contracts imho
Those who took it up be 33% down now.
Wish I could offer you some words of encouragement, TE. Been there many times with INFA in the past.
On the few occasions when I had had enough and sold a few to invest elsewhere something would come out of the blue and the SP would rise significantly, for while that is. GL
Trying to Bubble but sitting on a 60% YTD fall isn't good enough with nothing to pull us out of the slide it's now getting to an alarming stage for me
The East hold tight my friend
Just keeps getting better and better.
Another 5% drop. They'll be s0d all left shortly.
Stokey on alliance news on LSE ,I noticed it this morning
Bubble2021 In relation to your 08.48 can I ask you to clarify were they contracts or leases for a wind farm. Also do you have a link to where you found this?
BP wins Irish sea wind turbines contracts ,now that might interest infra imho
Still no reply ,maybe soon after watching news and how the UK needs to put something into northern Ireland imho
Hi Radders he also mentioned if there was a need for gas storage Taking into account Kilroy coal power station down the road is soon to be converted to gas I guess the need will be there ?
Hi Oldtramp, If you’re saying if he could have stopped it legally he would have ? that’s not the conclusion I would draw, especially from Stewart’s reaction. He just gave a very political answer but also flagged that he won’t be swayed by the noise just the facts.
Thanks for posting that Chris quite correct about consultation and a decision watched this today which i am sure you have all seen starts at 16.30
https://www.youtube.com/watch?v=TuDzrHODXb8
Re Mr E Poots Correct me if i am wrong but if he could have stopped it legally and wanted to it sounds as if he would have ?
Thanks for sharing Chris. The most frustrating (well at least one of many) thing is Poots has been all over twitter launching other consultations and I think to myself, what's the point when you can't even be bothered to make a decision on consultations that ended months back. Time and again he is planting a tree (nothing wrong with that really), or visiting a farm or 10. He needs to focus on his inbox rather than traveling up and down the country in my view. Anyways, back to the bottom draw I now return....gla
Fri, Jul 9, 2021 3:40 pm
To:MarineLicensingTeam@daera-ni.gov.uk
Dear Sirs,
It has been stated in earlier e-mails that 'there is no timeframe for the Minister to make their decision' but following a consultation there must be some form of timeframe otherwise what was the point of having had a consultation.Is there not a legal time period that resolution to a consultation is achieved.
Is it possible for my question to be forwarded to the Minister to make him aware that this question is being asked.
Once again I am appreciative of your answering my e-mails and look forward to your reply.
Regards
Edit: No reply yet
Stokey totally agree ,a letdown ,if nothing is said by end of September am out now tbh