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Super confident we will see a massive move up with the share price in the next 20 weeks.
So much news to come and once we get the momentum started there will be no stopping us.
Patience will be rewarded here.
GLA
BTB
There needs to be something substantial released way way before 20 weeks IMHO
whatamess, we all have our strategies and who is to say what is wrong, I must admit JW's silence on social media is not a good sign IMHO
I am very surprised by the reaction to the annual report and the exec team remuneration. A few comments:
1. The total salary is a culmination of previous years' arrears that have now been paid out with the receipt of the EU grant. There was c£100k thereabouts which is for 2018, 2019 and 2020. So that's about 30k for each year. That's hardly unreasonable.
2. The bonus is for a period of 2 and a half years including the whole of 2021. What's wrong with that? The team have pulled the company out of annihilation into a revenue generating entity.
3. It's a pity that memory is so short-lived. Till Nov 2019, revenues were ZERO for God knows how long. Now we are averaging 1.50MM every month with a phenomenal opportunity to break into tens of millions with just a couple of contracts coming through. If anyone thinks these contracts drop like quail and manna from heaven, then that's a very sad reflection of one's perception of reality. This has been hard earned involving thousands of manhours (and woman hours) of effort, grit and perseverance, all with the knowledge that if things don't go right, the exec team will be on the hook. There is risk on both sides. Let's recognise that.
4. I am amused by this constant need for information. It's like we need to be constantly fed information to have interest. Do we really think that multi million pound contracts and licences come to fruition in days? Even if the team are pushing hard, we are dealing with multinationals and governments who take their own sweet time and, frankly, don't give a damn about shareholder sentiment.
5. Do we need JW to be on social media or put his head down and push on with the business? There was a two and a half hour marathon session in November. The last time I checked, that was two and a half months ago. Since then, we have had a fund raise, the annual report and 2 meetings. I honestly think we should cut some slack and let him get on with his job. History has shown that when JW goes a bit silent, something on the back burner is coming to fruition.
Patience from us and perseverance from the team. I think that is a good combination.
droderick,
What risks is JW running? The only one I see is the risk of putting his back out as he makes off with his loot.
His share-holding goes to zero? I would say that he has more than covered that eventuality.
Reputational risk? At his age, I hardly think that matters. Besides, given his past behaviour, I would hardly describe his reputation as stellar anyway.
When he became CEO of Infrastrata, his one job was to deliver Islandmagee. From the level of hubris of 24+ months ago, one would have been forgiven for taking it as a given that he had the marine licence under control; after all, it wasn't as if there were dozens of other projects to oversee...I consider that clear level of oversight a staggering incompetence.
From a personal perspective, it was a clever strategy to broaden the company's scope, making it so much easier to raise additional funds and further debt, much of which can then be diverted into directors' emoluments.
I maintain that H&W (Belfast or Appledore) will NEVER be profitable without huge amounts of public support (which I accept may or may not be forthcoming), leading me to question the reason for the acquisitions in the first place.
It is ironic (perhaps disingenuous) that JW has long expressed the desire to move INFA out of the AIM and into a more robust exchange, given the level of scrutiny that such a move would generate.
Windfarm development vessels contract.
Marine licence
Islandmagee funded and ready to go
Possible MOD news .
I expect a lot of good news coming our way and i’m saying anytime between now and 20 weeks.
We have 200 staff working at H&W Belfast and we are recruiting 350 new workers for Appledore.
I’d like to see some positivity instead of doom and gloom all the time.
Come on guys get behind the company!
BTB
Blair,
I come from a place of promise, optimism and belief. I fully support the management team. You are the polar opposite.
And that is fine.
Neither of us will convince each other otherwise.
Go well.