Member Info for Citizenlane

“Kickstarting investment into the UK’s emerging floating offshore wind industry by launching the £160 million fund to support port infrastructure projects, securing the UK’s leadership in this new technology.”

this dismal desperate govt seems to finally have discovered a last resort to boost maritime industry: prison hulks for refugees. Someone’s got to build them I guess

Not long till credit facility and IM news now, place your bets… pretty cheap at these prices imho. Has to be a £50m+ company given the order book, a bit of good news should spark a quick rerarw

It’s a cut or run situation now for lth, zero sum punt on success of Blythe 2, and drift down to mid 3s before then imho. Cash is king just now, brave soul to have it in here. What to do?

Given sliding o&g prices perhaps around 3.5p mark - be careful with this one

Wouldn’t trust them to run a bath… though prob less water involved than in the current operation

as ever in this basket case country the real rewards are geared to abject failure

How low can this go? Now a pure zero sum punt on successful Blyth - track record not inspiring...

I’ve got a tin foil hat for sale FG if you are interested

looks like a plan for them all to buy at these crazy low prices this week, they can't help but see the value here - and no doubt know big sellers are out - therefore are taking the opportunity to put cash behind the rhetoric

It's just drifting down on tiny volumes as bored PIs look elsewhere for their beer money imho. Perfect time to buy at these prices if you have spare cash (I don't sadly). Next significant news not far away with IM and credit facility and, I'd guess, a few offshore tenders/contracts. 27m mcap lol.

the interesting thing about that investment breakdown is the extent to which the government clearly have a huge stake in making this work - supplying grants and guaranteeing loans - bending over backwards. When JW suggests that there will be ongoing defence maintenance contracts, take that as read that competitive tenders from H&W will be looked on very favourably by the MoD in the next year. No point in make this company the headline act of their NI rhetoric and then not backing that up. Fascinating times ahead given an administration belatedly realising that a fast-track re-energising of UK industry, particularly around defence and energy, is their only possible get out of jail card for the post-brexit economy.

In the longest term that is not doubt true Neutronic, but the fact is that in the here and now Harl has in short order gone from being not a company at all, to being the first words on the PMs lips in the most crucial political issue of the day. It is proposition and a BOD his government has just backed with £1,600,000,000 of tax payers money, and positioned at the heart of its strategy to preserve the Union and find a way through Brexit doldrums. There is no way they can afford for it it fail in the crucial next two years of growth - expect offshore renewable contracts incoming - although it is still valued as a high risk in that period. Sooner or later the £27m Mcap will have to reflect the fact that this is a massive growth business with state-backed license to disrupt BAe and Bab**** (both of which have seen 30% SP rises in the past six months). Debt arrangements will be a game changer, as well as Islandmagee. But in the meantime there seems just no point in valuing it as other AIM companies might be valued. It's crazytown at these prices imho.

Good to see Sunak thinking first of H&W. He just had this to say: "If we get this right, if we get this framework implemented, if we get the executive back up and running here, Northern Ireland is in the unbelievably special position – unique position in the entire world, European continent – in having privileged access, not just to the UK home market, which is enormous, the fifth biggest in the world, but also the European Union single market. Nobody else has that. No one. Only you guys. Only here. And that is the prize. I can tell you, when I go around the world and talk to businesses, they know. They’re like, ‘That’s interesting, if you guys get this sorted, then we want to invest in Northern Ireland.’ Because nowhere else does that that exist. That’s like the world’s most exciting economic zone.

I see Sunak is in Belfast, later "meeting workers" are we expecting another trip to the docks?

I think the fact that the reservoirs can be repurposed for hydrogen will be the clincher - a tie-in with the offshore wind plans and a focus on efficiency and storage is a powerful argument with Net Zero looming large. HARL obviously in the sweet spot for both ends of that.

selling pressure seems to have eased, no big chunks, without that should he'd back up to low 20s quite quickly imho

Just saw Cristian Ronaldo in Belfast Costa meeting with H&w FC…

Hard to see news of drill having much impact on sp - it has to happen

or not