Member Info for Hebridean9

Doubt it would make much difference Kaeren to be honest, the odd £35m is chicken feed to the cash burn HARL are currently getting through. I would be more concerned with the lack of contracts announced this year, the current debt facility with Riverstone can't be far off fully utilised, HARL hocked IM for that money, what other assets do they currently have that may be worth anything? The ship yards (which previously went bust under various owners) won't be worth a penny, the renewables sector has taken a step back at the moment due to massive increase in costs and hydrogen is 10 years away. The FSS contract won't keep HARL afloat (pun intended) they are struggling for work by all accounts. JW has been making bigger embarrassing statements for the last couple of years, don't see you pulling him up.

Bubble2021 - With the imminent release of the 2022 results are you still comfortable with your post of 16th June 15:58 'JW has stated debt free by the end of the year is the target'?

Does not bode well for the delivery of the first FSS, if they unable to complete a bathtub order on time. Maybe it was the wrong type of steel again or they had failed to pay the bill for welding consumables and ran out of grinding stones to clean steel (Methil earlier this year) that put them behind with the order.

Bubble2021 - That's quite an incendiary post.

Kaeren - You never take the time to reprimand DOG for his inappropriate & rude post's, I wonder why?

Ah, it's because he is a ramper (of sorts).

Xenor - I posted in February the share price was on a slow & steady fall to 10p, I still stand by that. You need to learn to trade better to make money here, until the books show a profit it's a traders dream, not an investment like some would have you believe.

JW shat upon loyal shareholders in November 2021, the company has gone backwards ever since, he has form and the city know it. He had the big chance to redeem himself with the FSS contract, he has failed miserably. So yes, 10p here we come.

Looking like the share price is going to match JW's prediction for the debt finance - single digits.

Xenor & company - Please read the previous HARL post by Tapp from 23rd May 2022 - he was forecasting an average cash burn of £1m / MONTH it is now £1m / WEEK. Mind-blowing ineptitude from the HARL directors.

£3.50 that should do it nicely. JW will snap your hand off for a company that's just lost £70m.

I don't pretend to be Scottish, born and bred in England, moved to the Outer Hebrides when I retired.

DOG - I doubt HARL will receive anymore work from the UK government until they have shown they can complete the FSS contract.

Oh, by the way what happened to FormerMD & TeleTim your previous usernames? I remember now, you were thrown off LSE for being abusive, won't be long now to your next reincarnation.

HarChris - I'm surprised you have not reported my post to have it removed - you have form for that. The post is factual with the content of the reported loss in last weeks RNS.

Broomtree - Not heard auditors refusing to sign off accounts, but not surprised though. HARL is currently loosing over a million pound a week and no finance deal in sight. Not looking good to be honest, cash burn will kill the company, probably why the finance deal is delayed (again), little chance of getting a return on investment for Astra.

Shorting crew - JW is the best shorter of them all, pumps it up with dubious RNS's then the share price retreats when he gets found out. Astra debt finance taking 6 to 7 weeks in Nov 2022 comes to mind, now autumn 2023 is the latest date. You need to look to your leader, not me.

DOG - Any truth you are 8k down on HARL? Quote 'Im 10% down, so about £8,000'. And the latest chart shows 72% strong sell - Understand why you are ramping it like hell now.

Your buddies (who you have also insulted) from Tecan Group send you a message 'Good Riddance' and 'Get Some Manners'.

An awful lot has changed I agree, the share price has fallen by 50% since the FSS announcement.

Gggg21 - Point being it's very doubtful HARL will have received any offers and are not likely to.

£100m revenue means what? It's the bottom line that counts I'm afraid and HARL's is a big negative.

DOG - 'HARL vastly undervalued' - Current valuation £23.2m, do you not think if HARL is such a bargain price with such a lowly value there would be a long line of bidders queuing up for a slice of the action. Most big industrials would have that kind of money in their petty cash tin, yet there is no interest. Question is why?

Looking forward to JW's explanation of the massive loss of £70m, I'm sure he will have some sweet explanation that he will bluff through. Don't be taken in, the man has form for bending the truth.

DOG - The purpose of the board is posting both positive & negative views on HARL. Not to win an argument. Very sure most posters on here have a worse name for you than 'edjit' but are unable to post it.

DOG - Your favourite figure 50% - It was a 50% chance of a good RNS, didn't work out though. Back in your potting shed.

DOG - It will be interesting to see how many share warrants are attached to the debt restructuring, as an HARL investor your share holding will be diluted if the warrants are exercised.