Member Info for BlairPeach

Are the vermin aware of JW's past as a phoenix? Or the serial lies about the RNLI, HMRC, Triumph Subsea et al? I suspect not. Either way, their only interest is a quick flip. Well, they got this one wrong.

stokey12 is correct in reiterating that the principal contractor for Team Resolute is Navantia UK; that doesn't mean that HARL is assured as a sub-contractor, in fact far from it, given the increasingly parlous state of the company's finances. Egg on face is not out of the question here.

The RNS on Friday was not rushed! It was left until the absolute last minute.

Vermin strike again...

Gertcha! Happy New Year, vermin.

As I posted at the time of the Saipem announcement (I may be paraphrasing slightly, feel free to check), "Good luck getting paid for that", as I know of more than one company that went to the wall after dealing with them. I wonder if we'll see a statement from Saipem, repudiating JW's claims, a la RNLI, Triumph Subsea and others I may have forgotten...

These numbers will have given Ben Wallace and chums food for thought. Who would throw a never-ending pile of debt onto this dumpster fire?

Has anyone actually ascertained from whom and from where this "£77m of investment" is coming?

I don't see anything in the LTIP RNS that precludes the paying of bonuses, in addition to the share options...?

"Traded" being the operative word.

I trust the opponents to IMEL are huddled around their climate-friendly candles:

https://agsi.gie.eu/

Further to spudtheplumber's earlier post (I don't know how to post a clean twitter link), according to Javier Blas, tomorrow's peak hour wholesale price of electricity is now £2585/MwH, 45 times the decade average.

I am still here, see my recent "Perspective" post. How are those price predictions from a week or two working out for you?

I refuse to engage with the vermin who have turned up on this board in recent weeks.

Well done, mcadder.

Oh dear...

Would a genuine long-term holder like to disabuse the rampers of the notion that there is a framework agreement in place, covering the entire RNLI fleet?

I can't believe that is still up on the company website, it's tantamount to fraud.

Where were all these vociferous posters 3 weeks, 3 months, 3 years ago? Vermin to a one.

stokey12 is partly right, I am not a de-ramper. However, I would love to be proven wrong and have a serious 5 figures in my account, together with some egg on my face. Suddenly JW is a genius? After lying repeatedly through his teeth, paying himself and his turkey chum a million quid a year and ripping us off for another cheeky halfa to pay his brother for a "survey"? For the umpteenth time, it's not a £1.6bn contract, it's an as yet undetermined share of that.

The market knows the reality, hence the settling of the share price.

As I posted previously, the government will look pretty daft if HARL goes pop now, so there is still hope, but be realistic, for goodness' sake, there is a huge mountain to climb before profitability is in sight.

Amusing to watch the vermin who didn't get out in time desperately trying to pump this back up to their entry point. The others are long gone (until the next opportunity).

For the rest of us, it's back to business as usual.

Naughty, naughty, stokey12/FormerFD....

jonesrichard,

That contract was announced in July and the share price did react - it went down!

From the day that Belfast was "acquired", I stated that public money, and lots of it, was the only chance of survival for this company. Today's news is positive, but if construction of the FSS vessels doesn't commence until 2025, unless there are substantial up-front payments, HARL has a long and rocky road (ie cash-burning) to negotiate over the next 2 and something years.

In fairness, the government would look pretty daft if HARL went bust after this announcement; nevertheless, I don't see an instant path to riches here, especially for those of us who invested in a gas storage facility, on the promise that the project was "shovel-ready".

Calm down, Mrs. Wood (or Mum, as John would say).

The mis-match in returns is quite extraordinary: a few million into the pockets of the turkeys versus tens of millions lost by the equity investors. But hey, that's leverage!

Sattara,

In fact, I have been putting a negative spin on HARL for years, not months. Since the day the fat turkey twunt moved on Belfast, purely to generate leverage to line his own pockets, in doing so destroying the legitimate investment prospect that was Islandmagee.

If it's a nailed-on win-win, then the lesser of the "wins" (Team UK) is priced in, no?

"160 years' (sic) of maritime experience" - this company has never built a ship (and I believe it never will). That statement is like me buying the rights to the Marconi name and claiming that I invented the radio.

Hopefully, the vermin that have arrived here in the last week or two will find another rock to crawl under soon enough.

Same here, although I would hardly describe him as little!