We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Thanks Si. Now you can tell I am having a good vacation. Anyway, anyone know where the other 600m went? BTW, greetings from Lagos Portugal. 20C and ready for golf.
You only beat a plumber and a goose so don't get carried away! Lol
Lol, should I clear a space on the mantel?
Pretty much, Spud, yes.
Si you get the bestest counterer award!
2 million quid then
From TR1's released we have been told
Oryx and Harwood....3.28% with 116,666,667
Spreadex....................3.5% ........ 125,500,000
Killik & Co...................4.54%........161,411,590
Crux .......................... 8.44%.........300,000,000
Allianz Global............9.56%.........340,000,000
Lombard ....................9.85%.........350,000,000
Total so far ...1,393,578,257
Placing .........1,999,999,950
Balance left ..606,421,693
No goose I think your maths is just about spot on!
(Wait until I tell my son whose maths I just checked ;0) )
Almost 3 million quid unaccounted for
If I added the TR1s correctly the 6x IIs took about 1.1bn of the 2bn placing. Does anyone know who took the other 900m? Maybe my maths is a bit dodgy at this time of year.
If anybody is looking at this ,since infa aquired h&w many ii took share in the placing , they are very rarely wrong ,
H&W is worth a lot more in millions than paid . A new chairman steeped in marine ,
The new year will see some good upside when this gets cracking
2020 vision !
We are on the move to offer 0.33p
latest trades are for buying 0.325p
and selling over 0.315p
spread 0.31 v 0.33p
I think once everyone is back to work the SP going to rise continuously, the New chairman is a great appointment, How JW managed to get him on board this early is amazing, the guy's credentials are very good and usually with Blue chip organisations which will be known by the market. JW and co should have some breathing space now to dot the i's and cross the T's for IM/FSRU- H&W with the team in place should be self suficient. IMHO
Checked in this evening expecting to see a couple of posts pertaining to new Chair appointment and prospects for the week ahead, wow what a surprise? Leesa certainly knows what buttons to press?
I’ll add my two penny worth. As I recall going back 15 months ago when Arum demonstrated a compelling business case for gas storage at IM, it was predicated on a continuously fluctuating price of Gas to which IM would be able to be particularly responsive - buying and storing when price drops and selling into the market as prices recover. Subsequent to that, the FEED demonstrated a lower build cost and H&W opportunities are likely to bring further savings, thereby strengthening the business case.
Typically strategic infrastructure projects where there is a strategic/social benefit often only seem to gain momentum after the pain has been felt and fingers pointed. I hope that on this occasion government displays the good sense and foresight to act before it is pushed, particularly as IM represents a win win for all apart from seemingly Leesa and Naz!
NerdyOwl.
Lisa has painted herself as a hypocrite and clearly a NIMBY through her own words in that article...............
Lisa also fears that siting another power plant in Islandmagee could compromise the Province’s power supply.
“A large proportion of Northern Ireland’s electricity would come from Islandmagee with Ballylumford, the Moyle Interconnector, the gas pipe and potentially the CAES power plant being situated in one place,” Lisa continued.
“What if there was a security threat or a natural disaster? This application is being pushed through to meet renewable energy targets.”
She clearly blows whichever way the wind does, so long as she can air HER views and try to impress the ill informed locals!
No credibility I say!
Speedy, Very interesting story you share about our good friend Leesadee! So this does appear to be her day job, ensuring that there is no economic growth in Islandmagee. Very curious choice of profession I must say, can’t believe some locals actually support this hogwash instead of backing team JW to deliver for the region.
Spud. Tell the missus not to worry. It's clear our friend Lisa has become lonely and just wants to be needed, even by the "enemy", as most sensible shareholders have blocked or no longer view the twitter / facebook protestors nonsensical and often rude posts!
Reports prove low Environmental impact
Construction on islandmagee is low rise or sub surface
Potential for gov strategic infrastructure finance
Savings in Capex using local labour at H & W
£1mill committed to community fund (I'd ask for more if I was them)
Boost to local jobs & services
Looks pretty positive to me on all fronts
GLA
TonyH. Imagine if SNIP twinning could be integrated into the bridge/tunnel? Surely wouldn't add much to the overall cost?
I think we all know Lisa will be up in arms about that too. She already expressed an opinion regarding the roads and traffic. Oh well, good luck to her. She'll need to find another avenue of employment when the INFA protestor gig fails, just like her previous efforts on the Gaelectric project.
https://www.larnetimes.co.uk/news/islandmagee-power-plant-proposal-not-green-objector-1-7387363
"I also only post here to chat to you because you blocked me on twitter ;-)"
I'm flattered, mrs Spud is getting jealous too.....
Agreed Speedy. Also Leesadee, it’s most devious of you to keep saying ‘great to see ships at H&W’ and announce that you wish them well when it’s clear your agenda is anything but. You do realise that it’s thanks to INFA and their business plan that H&W is where it is today. You don’t wish INFA or H&W well, by offering lip service to one and then trashing the other you are fooling no one.
NerdyOwl. Since Lisas first appearance here, her motives to affect shareholder sentiment and confidence have been blindingly obvious! If she didn't live nearby in Islandmagee she might have invested but she prefers the NIMBY path and to be celebrated by her fellow locals, as their local paid cheerleader.
Lol spud - never show my hand, I’m a cracking poker player, not bad at chess either ... I also only post here to chat to you because you blocked me on twitter ;-)
Now it’s late, time to go, chat soon ...
How do you care what the capex cost is leesadee? That’s us shareholders’ problem, not yours. Whether there is PCI status or not, EU funding or not, it’s not your problem. Have you really absolutely nothing better to do with your time than to spend hours and hours digging up spurious information with the sole aim of downing INFA and creating nonsensical trouble?
Capex for islandmagee was originally well over £300mill
Take into account savings in Capex for islandmagee and any snip reversal Capex saving using "in house" H&W asset add in contingency allowed in islandmagee sums and I'm guessing infa have access to more than enough to reverse SNIP
All strategic assets made even more strategic with Brexit.
Keep repeating yourself pet, thought youd be too busy with the environment angle but your silence on that front is deafening......
Evidence of €60M capex for reverse flow SNIP:
https://twitter.com/leesadee_imagee/status/1202354940955570179?s=21
Sorry for poor quality image, taken from a slide at Regional Gas Meeting in Brussels, but still clear to see capex & estimated op ex costs of €1-2M p/a ...