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Thanks Stokey (et Al) what do you think the reason for the revenue deferral would be? Is it a way of moving deck chairs in the hope additional revenue comes in this financial year to boost the numbers? Is it a way of making excuses for poor results? Or is there a positive spin that I can't think of?
Nobby....Let's hope the new tr1s can kick them up the backside or kick them out. Albertoz, I too am disappointed islandmagee has no mention as I requested a couple of times recently for an update on it. Maybe they can't say much due to jr, but at least mention that fact. It beggars belief. Again I am reasonably positive our investment is safe but it will be inspite of JW, not because of him. Let's see if new tr1 holder buys any dip. Gla
Interesting analysis there Chris thanks. Taking it on face value of writers opinion only...flagship to cammell laird and fss to team resolute. I'd bite anyone's hand off for that outcome! Time will tell :)
Hi Roly thanks for your replies. I have no direct info to counter your rationale :). I have asked the company again for an update on the project so let's see if I get a reply. I know it failed miserably previously to stick to timelines but a new Gantt chart would be very welcome. I also agree with you re keeping a stake in the project, it is what will get us the most value long term imho
Morning all, nice to see early blue to the sp.
Does anyone have an educated timeframe for FID on the gas storage?
Do you think it's now being held up by the potential JR?
My take, I know longer have the foggiest clue lol.
Would be nice to have it laid out in a company update but I doubt that is forthcoming anytime soon!
Despite my frustrations, I do remain quite bullish at the moment thanks to the credit facility and holdings rns's. Gla
Could be an opportunity to divest into the ferry market? We all know JW likes to pick up a bargain. The synergies are all there, why not run a ferry company too? Win win!
NB this is a very tongue in cheek message but wouldn't be surprised if the above has gone through johns mind this morning :D
There's an article published about the flagship published today. Does it mention when the winner will be announced? Again, Boris being in Merseyside is a bit of a bummer considering the 2 horse race for it
I reckon the unions (Scottish by any chance??) are missing the point. The 4 bill seems to be earmarked for investment in levelling up the yards across the country...i.e. infrastructure, task groups, research...not orders. Orders will come later in the pipeline. That's my take (I could be wrong) and like others have said this bodes well for Belfast and appledore. I never thought I'd be looking to spin a Tory announcement haha
Nice picture of h&w in the independent LSE thanks. Shame he is heading to channel laird to announce it. However, the gov.uk site does specifically mention Belfast so pretty good prospects one hopes. Looking forward to reading the detail once published
I understand peeps concerns about the warrants however generally I am pleased we finally have a debt facility! I'd much rather have the 10 percent interest than share dilution that hammers us every time by at least 30 percent so drop. Like others it now unlocks bigger contracts and no more placings. Gla, and here's to some contract news soon!
Hi Stokey so if I'm reading that correct, the nimby's have 3 attempts to have the application for JR heard? Sounds like a very long wait to come for this to end .
Consela, I might let you know, but you appear quite negative about this company, so then again I might not :p
Hi all
I received a reply a few weeks back relating to this. They said the application is with the judge for consideration.
This in itself can be interpreted to mean anything. E.g. it's on the judges desk and they will decide if it can proceed even though it's out of timescale, or they have accepted the application in spite of it being out of timescale.
Like many things, us long suffering PI's are in the dark and can only speculate.
Hoping for some news at last soon, feels like a lifetime! Shipbuilding strategy soon hopefully.
P.s. is anyone else sick of saying the words soon and hopefully or words similar?! Good luck all and thanks for your continued contributions :)
Head in hands laughing out loud OT. Just demonstrates the single-minded stupidity to opposing the project. On top of that we have a prominent elected member hell bent on stopping the caverns whilst simultaneously complaining about high energy bills...well guess what Sherlock, storing gas would help lower the blummin bills!
Re Ukraine, never thought Putin would be mad enough. Although defence spend will increase (a big chance orders brought forward which may help us, particularly fss) I think Bab****'s Ukraine naval assistance is now dead in the water for a few years. No chance any ships will be built and bought just to be sunk, anyway I digress. Thanks for posting and GLA
Finally looks like this will be published soon. Gotta be some good news in that for us long term sufferers
https://twitter.com/NavyLookout/status/1496478278835744771?t=RS4_2fS-Ol9ztA_rMOaqKw&s=19