Member Info for Citizenlane

History of this company’s ability to find new ways to screw up suggests 2p+ just as likely imho. Hard not to imagine that all too familiar RNS saying “unexpected issues…” but hey hope springs eternal and all that …

SP drifting but loads of positive news around the corner, these prices might soon look a bit silly imho in the light of IM and funding and contracts... 20/20 foresight required...

the Hydrogen capacity of IM seems likely to be the key to the case. FoE challenges will relate to last year's victory over government's Net Zero plans, and how new infrastructure must be in line with that. Notwithstanding the need for gas storage, the hydrogen possibility and its connection with offshore strategy answers that demand imho. Brine into the briny seems less likely a derailer. Be interesting how it unfolds.

encouraging - slightly - to see the detail and notes of caution in that RNS, a somewhat different tone to the all-is-going-fine-until-it's-****-it's-not approach of the previous crew. Dougie in particular appears to be a real-world operator. You hope his voice of experience might prevent further costly wishful thinking about marginal assets. Still, hard to see this staying under 5p if the drill goes to plan from here, and not that long to wait in the context of longer term holders. dyor

they shouldn't touch suella's prison hulks with a Cory barge pole

there are probably one or two bumps in the road before £8, DF, (!) but I do believe the path to a £250mcap, 8x current, could be relatively smooth. It was good to hear JW talk about moving off Aim and onto the main market, which would make this a more comfortable venue for institutions. I wonder if that process will begin when the funding is signed off? Interesting that director's Ltips are geared toward year end. That time frame would suit that particular catalyst toward 40-60p share price imho. After that and with a few contracts firmed up - I like the chances of Scillonian IV for Appledore for example - an easier ride upwards feels likely. dyor. interesting summer ahead.

will certainly be interesting to see what a "three figure millions" valuation of IM might have on a £30m MCAP...

Just watched the presentation, a very confident assessment of the here and now and the future. No BS. Understandable scots incredulity about the current MCAP and share price. Good test for me is always attaching different numbers to the words and seeing how they feel. If JW had ended that presentation saying "given where we are in our growth plans, and the prospects immediately ahead, a MCAP of £100m and a SP of 60p feels about right, but that's only the beginning" no one would have turned a hair. The gap tells you all you need to know about how quickly sentiment will eventually turn imho.

That 'if' is working overtime

There has been a pattern here of one bad outcome leading to another, the tone of that RNS is familiar, for “under control” and “solutions found” older hands hear: run away!

because of the doldrums share price it is easy to forget what a game changer a positive IM result will be, only a few weeks to go; this smart emphasis on hydrogen makes it all the more likely imho no doubt a bit of buying pressure will increase as we approach may, perhaps tonight's presentation will offer a bit of a starting gun for that

It’s a brave iog investor who buys again on flare pics
- that strategy would have lost them around 90% of value this year

quick question delitalo, if blyth 2 was such a sure-fire winner why did they originally schedule so long after that other sure fire success southwark??

obv more likely to continue to rise the closer it gets to drill results news - some indication could be fairly imminent I’d guess - and the likelihood of 16p+ (Or back to 4s). For some, holding tight is a no brainer - you’ve not lost until you sell dyor

Still priced to fail atm, the old team here had a terrible record of drilling failure and bad luck; perhaps the new crew - and long suffering long term holders -will finally start to reap the benefit of the smart investment in infrastructure with a successful Blythe h2 hook up. Not much downside at under 8p imho, and plenty of upside if things go well. Like many I’m under water here, but not without hope that the reasons I originally invested - hub strategy, gas prices, JV stability - will be rewarded. One thing is sure, if it rises it will go fast. Dyor

£1.6bn contract to provide three warships for govt as partof joint venture with Spanish giant Navantia (Harl's share around £760m); projected £1bn order book by year end; capacity across multiple huge yards and drydocks to capture significant portion of offshore wind construction, keystone of UK energy strategy; £50m+ islandmagee energy storage project due to be green-lights after planning appeal in four weeks time. £200m credit facility due to be signed off. £75m investment in advanced tech, mostly provided through JV; commitment from Navantia to share best practice and develop joint bids for large-scale turbine projects. £25m mcap! You do the maths.

One overlooked factor is whether the ongoing external audit and evaluation of Southwark can produce a scheme for any extraction there. Though they have effectively written it off, I think reading between the lines of those RNSs they still believe there are possibilities, which closer analysis may yet unlock if H2 is a success. The law of averages suggests that they are due an unexpected positive, rather than an unanticipated disaster, but as we know life does not work like that. when you think of all the missed opportunities, this could very easily be trading at 80p now. How it got here is a travesty.

https://www.navantia.es/en/news/press-releases/navantia-y-windar-colaboraran-con-harland-wolff-en-el-mercado-de-parques-eolicos-offshore-en-reino-unido/

good to see the SP starting to catch up a bit. It's extremely hard to imagine that IM won't get the go-ahead given the current hyper-anxiety about gas storage, and the smart net-zero potential of hydrogen storage. It's an asset that should keep on giving, one of the several sweet spots in the current economic turmoil that Harl occupies. These are still crazy cheap prices. £27m mcap? Do me a favour.

nonsense to think that green jobs will all be offshored - UK govt of all stripes has to find growth from somewhere, fintech will increasingly lose out to EU centres, chucking PPE-type cash at renewables projects is their best hope imho Harl has already been signposted as a key beneficiary