Member Info for dawski37

Oisin Fanning seen on BBC news this eve saying how lucky he was to have been on the Titan sub owned by Ocean Gate on its earlier voyage before it exploded whilst on it’s way to see the wreck of the Titanic ..so that’s what he has been up to ..must have cost a fortune and some will say that maybe it’s a pity that ********** !! Have a look at BBC news

Hi, Dawski37 here !! Just to be sure, folks, yes, I am 100% behind Phil H and his efforts to at least do something positive for us shareholders as matters develop during this "transitional" period following the enforced and probably necessary departure of JW.

As many will know I have been here since 2010 being then a significant holder ( through a Trust ) in Portland Gas Plc and a gas storage project on Portland Bill , Dorset. That project is still very much alive with potential Hydrogen storage via Ukog Plc.Such activity bodes well for I.M. but that is another matter for another day !

I also fully supported JW, met him and Arun many times and agree with others at the time that he was at least a maverick "go getter" and a sometime bully boy with business history and prone to fall out with people with whom he disagreed . No risk, no reward etc. Nobody is here involuntarily. You are all fully aware of the warnings and the high risk with no immediate rewards/dividends in the 5 year+ plan that was in its 4th year and going reasonably well ...until JW was allowed rather petulantly to venture into the ferry business and was not stalled by the otherwise useless BOD. We are still very high risk and with less than an evens chance of riding out the current storm but with our very own "Alan Bates " and others methodically beavering away for the last few weeks at least we have a chance ..lifebelts needed though !! My break even upon any (still remote) continuation of the business is probably lower than the rather negative I.Q. of some here ! You win some , you lose some. Bitcoin has been good for my Trust !!

Good one, Chris .We chatted at the weekend and ………you were spot on !!

Yes, well done, Chris -superb effort by you over many frustrating weeks .I remain totally befuddled as to the supposed lack of commercial reality in the judicial system here. The issue as to whether or not Mr Poots had sole ministerial authority to make the decision on his own account without referring to the N.I. Executive seems a reasonably straight forward one. I would have thought that having heard the arguments on the day ( back in February !!) then the Judges would have tried to come to a decision fairly quickly whilst those deliberations were fresh in the mind. Some may say that 4 months is rather speedy now that the judiciary is in complete underfunded turmoil ?

Thank you , Kaeren ..You are more adept at cut and paste than I -By the way, B.P are well advanced with projects for Hydrogen production at Teesside and Aberdeen .It would be just great to have them back associated with I.M. Again !!

Have a look a the Web Site of SSE and Equinor (joint owners ) Public consultations open on 17th June .Involves salt caverns with an existing project on site .Exciting stuff and well funded with loads of potential !!!!

I have been invested here in a small way since the days of Polish fracking …OK, that was a mistake but I did not then realise that this Oisy Fanning fella had previous serious form for seriously messing business up over in Ireland .Now I just cannot follow the convoluted shenanigans here .The Web site refers to World Class Assets and there was chat even of a dividend some months ago ..but to be involved in Oil ( World Class too !) and have the share suspended for nearly a year is now just beyond a joke. Something just ain’t right here ..even criminality comes to mind ?? Not just inept business ! Does anyone understand what is going on ?

Worth a look at. Reassuring that Rishi gave a reasonably confident answer. No doubt this thread will expand !!

Kaeren, I am glad that you share my thoughts and concerns precisely ..The owners of Villa Vie “ do have history” and it will for others to look that up but JW assured me some time ago that they are now well funded in $$$’s and they seem a reasonable lot to do business with .He did indicate that there would be a prepayment required before docking in and also before release from dock. As you rightly say, Kaeren, us shareholders have no real idea or information as to the proportion of our work here nor on the Margarita /Mas Islander, nor to a lesser extent on the SeaRose though I am not that bothered about that one …for now !! X

Not that professional at all sadly !!

Si, Kaeran tells me that there is no direct link at all…. .the vessel and project is ring fenced and funded internally both as to the leasing and re-furbishment /redcec and is not connected to any LUF type or indeed any other Gov. ( local or central )funding at all .I may be wrong but I trust M/s K impeccably !!

Correct, Stokey, and dear young Kaeren tells me this eve that all the BOD has to do really is to show that the Scilly venture and the leasing of Atlantic Wolff is ring-fenced and financed independently outside of UKEF and in any case predates such .

You are spot on regarding the absence of direct LUF involvement -well said as always !

Fair comment to a point ,Consuela, but memories will fade if all of the claptrap arising this week and continuing in the Press can be negated. I really do not see how Sunak & Co can let H&W fail at this stage with significant investment in plant machinery and new build already placed into Belfast and ( may I say from the horses mouth of employees there as relayed to me personally ) with that yard at least buzzing with an overload of work ——maybe we can hear of a couple of further contracts very soon and perhaps some action from other members of the BOD who seem to have remained silent throughout —rough sees ahead and no firm sighting of land sadly !!

Don’t you mean “the John Wood “ for the trees ? ….JW ( and AR to a certain extent + all the valued employees ) have done us proud up to the 4th year of the 5 year plan…so far at least anyway .As many have said where would we be with the one trick pony that was and remains I.M. —that “bloody hole in the ground” that is yet to come to fruition.

Over the weekend I really would like to assess here the worth of the shenanigans appearing today about the “Big Deal ‘ being affected by our Scilly Venture -can’t quite get my head around that one ? Hopefully the lawyers will be working overtime at Field Fisher !!

We need a Counter Statement within 48 hours or even a RNS this week to rebut this one and to give us all coherent reasons why the Company will not fail !

Apparently there is a YouTube video called “ Part 1 Captain Georgios “ going around with some tedious dialogue and certain interesting shots especially over the rather delicate method of painting over of the name “Braemar” . Need someone to copy and paste here. I just hope that JW has a full pre-docking payment and certainly full cover before she leaves .

Kaeren --simply an A1 poster with no doubt about that and highly knowledgeable about H&W over many years !!

Must be nearly there before the end of April ?? --The I.I's do not appear to have given up on this one and most are in at 20p remember as this was the last major cash call with them some time ago now. I am not aware of any changes in the list of Significant Investors of late so their support remains a good foundation for a decent rise in the S.P. if and when the re-finance is finally sorted! All of my recent "Buys" have been shown as "Sells" so don't please read into all that you see on the deals here. Hold on tight. This has been an extremely rough ride for us all including the crew ....nearly as bad as a trip to the Scilly Isles. Whoops !!

We are told that she is travelling back and forth between Drogheda and SRQ supposedly for crew replenishment and cheaper fuel source ( outside U.K. waters etc ) but is there any other information please ? Now on here second or third adventure down South ! Seems a strange set up so far ??

Political Journalism which is surprising really from this esteemed Tory mouthpiece? Not fully a problem as we have the contact and it is working ( in so far as we are told ) with investment in replacement of outdated structures and machinery at Belfast already well advanced . Due Diligence will have been effected on all the subsequent major contracts /preferred bidder arrangements in particular the Falkland Isles Jetty and these would not have been awarded if we were in dire straights .So there you have it ! But a little concerned to hear that the FSS deal is or was "not underwritten by any Bank " ???