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Yes Peter, brings into sharp focus a lot of the events of last few years. I was just thinking about an article I read last summer. Parallel parliament whereby Neil Hanvey MP openly accused the Govt of ignoring Novacyts Salivia test ( CTDA ) the notoriously slow validation that handcuffed us, whilst we sat by waiting and watched Chinese LFts flood the market. The supposed support for UK Diagnostics, that resulted in many UK companies being sued, instead of what they deserved, which was to be rewarded.
I hope we can very soon put this to bed and move on with bulging coffers.
Here's hoping that all of us who have held for so many years now finally see some positive results.
Interesting that Novacyt learn of the summary judgement and one of their responses is to expedite board changes. I expected JM to maintain his position until after the full trial. They appear confident , is this appt as a result of this.
Are they getting their ducks in a row to have all systems firing post trial ?
That is not how I read it.
I read H & W have over 200 million Euro of contracts that more than qualifies them for the 20 % UK based for export . So we meet the criteria and docs have been submitted.
Quorn
Searose
Heavy lift
Master serv agreement blah blah .
😉
Would appear documentation progressing well.
Let's be having it !!
https://www.parallelparliament.co.uk/question/20908/harland-and-wolff-export-credit-guarantees
What you trading ? Peanuts obviously if you are factoring in cost of trade to look for entry point.
RE number of counts , look at number of decision makers instead and you may ( doubt it though) realise the time implications of that.
Yes Si -D :)
Vice Admiral Paul Marshall, the senior responsible officer of the FSS programme at the UK MoD, said the “mobilisation” of a 1,200-strong workforce was highlighted as a “key risk” from the outset.
“It is going to be challenging,” said Marshall, adding that it was not an “unnecessary risk” as there was “risk in any complex procurement”.
Generating the workforce
To achieve this, newly recruited workers at Harland & Wolff will travel to Cadiz for training, before returning to the Belfast and Appledore sites to begin FSS block construction. Trainers from Navantia would also be present at UK sites helping to continue to train and assist UK block manufacture.
We now have the staff in situ.
We've seen pics off H&W staff in Spain at Navantia and no doubt it is ongoing . Navantia will be onsite throughout build. This is nothing new it is a known calculated risk and I've seen nothing to suggest that the risk has increased.
https://www.naval-technology.com/features/generating-workforce-for-fss-programme-will-be-a-challenge-uk-officials/
Let's hope NCYT have had the bulk of their monies locked into a high interest account.
From the date of the claim to now the Libor now Sonia rate has changed dramatically. The interest will be substantial , would be good if they could demonstrate what they earnt on x amt already to the courts.