Member Info for Consuela

Option 1 - Attend the meeting and get spun round more than Dead or Alive.

Option 2 - Go to the pub or walk across hot coals.

Right, not entirely accurate as the “Company” has been around for a few years, they’ve just stripped it commercially however let’s see as anything that has JW and AR names over it has to be treated with “extreme” caution…

Lottie,

Revenue growth and OFCF are critical, EBITDA is one metric that cannot be looked at in silo.

Defence expert Francis Tusa said: "There's no problem with a bailout as long as you understand what you're doing. Giving them a glass reinforced plastic boat and expecting that by refurbishing that you will build up the skills to be a prime assembly site is simply delusional."

“Some yards are ready for the future, some aren’t”… wonder who they mean.

Who’s the investor(s) then? FID was promised what, 3 years ago? It’s “shovel ready” remember and with the fantasy off take agreement with Vitol, the world is JW oyster. What on earth is he waiting for..

Funding was for feasibility study.

Well that’s my point, this random £M statement has 0 credibility. I’m struggling to see where he thinks the value sits to be honest. He’s the self proclaimed leader in natural gas storage though, with a shovel ready project underpinned by Vitol ( which they never broadcast or has never been seen ) so I assume he knows what he’s talking about, and it defiantly most certainly wouldn’t be lies.

Did he produce any data / forecasting to back that up or just generalising as usual.

Lies aside, what was in scope contractually?

Interesting comment from HMRC

HMRC said it was unable to comment on named businesses due to taxpayer confidentiality. But a spokesman added: “We support customers with tax debts and work with them to find the best solution based on their financial circumstances. We take action where appropriate.”

Indeed. The happy, engaged and paid on time staff will be full steam ahead now.

Always the optimist eh Stokey. Woody strikes again, literally.

So IM is now an asset as opposed the the saviour of the UK for gas storage. Well I never saw that coming.

There’s plenty of options, IM not being one of them.

Bit like someone else we know eh Stokey….

That figure also secures the transition to Hydrogen storage I believe. Great use of existing infrastructure.

Commercially is another story. Would require a PC for a start.

Yes, it would be public money though…. Not happening any time soon. Ever.

IM can’t supply the UK. SNIP only goes one way.