Member Info for Kaeren

Hebridean , my preference would be zero posting on Facebook, same for 'flowery missives '

However, I daresay frustration is high at the inaccurate reports in the media with regards to J.Hunts decision.

Just communicated with Bod , they are have meetings scheduled with Gov today and tomorrow. Absolutely zero truth in media articles that J. HUNT will not sign off. Conversations ongoing.

My post wasn't directed at you Si-D.

My comments were about the Odessy , I am not concerned about the other two vessels.

My concerns relate purely to inf in the public domain that make it clear exactly what our involvement has been. If cosmetic than before it departs that needs to clearly stated. It isn't the money earned from this contract that is my primary concern. Others can watch and arrive at their own conclusions. Nor is it the companies history. I don't want to see any headlines stating the Oddesy which has was drydocked at H&W has just encountered issues with X Y and Z. When infact we had zero involvement in X Y or Z.

Purely a gut feel , based on what I've seen , which is I suspect an attempt at some form of marketing.

Absolute nonsense. There are specific judges assigned to specific courts, as it falls within their area of expertise. The judiciary are in no way in bed with the govt , infact the exact opposite & rifts continue to grow as the govt attempt in various ways to undermine their independence.

The UK courts can and will hold the govt to account. We have an amazing judiciary and your post is highly inaccurate. If the findings go against us , then I will accept that as the correct decision. A judge can only make a decision after hearing all the evidence put to them.

Let us all hope that Novacyt have that evidence with every I dotted & T crossed. The DHSC are in court practically every day , having to defend X Y Z, they are well versed in pre trial prep of inf and what needs to be included to ensure it can be raised in the courtroom. I am hopeful the non receipt of the report was intentional , otherwise that is a prime example of what I am talking about .

If you refer to the latest YouTube offering Dawski, I'm quite amazed. The biggest achievement to date seems to be moving it from Scotland to Ireland. A bit of a huge leap to be sailing the 7 seas shortly. Like others here , I am clueless as to Harls involvement with this project.

I think prior to its departure that H&W need to give quite detailed inf as to exactly what fell within its remit. The chief engineer & crew appear to be heavily involved . Perhaps normal, don't know , the timelines appear ambitious to me , but what I know about it could be written on a postcard. Not inspired 😕

Would that be the one dealing with Sea and coastal transport Stokey :)

I disagree L . Without doubt it is the responsibilty of the CFO to have contingency plans in place for every possoble scenario. Inclusive of, but not limited to, alternative finance options , possible objections and from what quarter and why.

The IOSSG would perhaps have been high on any such contingency list.

Just because they were aware it might happen , is not the same as being offically informed.

The Steamship group conversing with the papers is the first time this has reared its head , very late in the day. The questions asked by Kevan were a precursor to the news yesterday and it was pretty clear what was coming next imo.

The fact that Harl again outpaced them , took legal advice and ringfenced any spend is super.

As the UKEF loan is not yet granted, they have plenty of time to ensure no comingling of funds.

With regards to informing us more about the financial loan , we can clearly see that all responses to questions asked in Parliament basically say , can't answer commercially sensitive. Harl cannot comment on it.

In light of yesterdays news , i'm pleased they have said nothing pertaining to their business plans for Scilly , less said the better.

Bottom line, Harl don't need the Scilly route to survive, Scilly group need Harl to fail for them to survive longterm. 'Much ado about nothing'

Stokey get your pen out , next one has to be about Shipbuilding , main protagonists very colourful charachters , you have the enemies within and the rowdy bunch at the back.

I hope to have official news soon, current state of play is farcical .

Fab post Lottie !

... not remotely connected with any govt guarentee of a loan. If anyone thinks that that a country with the sixth largest GDP can be prevented from issuing a guarentee for a loan by a tiny private company.. dream on.

Very easy to circumnavigate legally imo. Shall say no more , wouldn't want to assist the Scilly Isles by suggesting things.

Sorry ads everywhere, difficult to post.

It fails before it starts. It has zero chance of success. Unless I'm very much mistaken the Atlantic Wolff is right now In Portsmouth, paid for from funds not remotely connected with any gu

2nd paragraph, last sentence.

Brilliant Xenor , thx for carrying to LSE & thx to the holders who took the time to write.

Excellent to hear good support for Harl and that GR actively involved.

I think from reading several times, that NCYT were expecting a joint consensus that narrowed the window of what would be examined at trial and the resultant report went over & above what was in the remit for evaluation. Not impressed that report not sent in on time, but this could be a deliberate ploy by Twigger to ensure summary application dismissed and proceed to full trial as they have x y z evidence. Although from the little I know, that has to be included in bundles and they are only finalised a few days before full trial commences, therefore very little time for claimant to prepare full detailed responses in preparation for witness cross questioning.

The fact the Portsmouth lab had no issues is critical.

Did they have a diff batch of assays ?

Or was it because Nova have worked in tandem with Portsmouth and Southampton regularly and the lab technicians were very familiar with the protocols required to successfully run these tests in a busy lab.

Let us not forget this was early in the pandemic and lab staff were being bombarded with new products, lacked essential equipment often , were exhausted and as is human nature would reject product x if product y was easier to use.

Not long to wait now to hear the full story.

Yep Xenor , 87 % guaranteed like Turkish loan, with a 13 % commercial tranche, no deviation from previously granted UKEF loans would be fine and dandy !

Exactly Si D, it is actually disgraceful and this could damage Harls chances of closing on contracts such as the Falklands.

Well he knows it, and it needs urgent investigation.

Re the Scilly Isles , did you ever see the letters from Tony Berkley to Nat West Yasmine Jetha FS231006. In public domain. I note someone ( haha ;) saw fit to carry the Times article to the IOSSG face book page. Will say no more , go figure. Noticeably absent.

Re Nobby buying , if he bought a miniscule amt it is relevant to me. After extensive research , it is very clear to me, that he is one of a select few who are capable of schooling me well and truly about all things Inf & Harl.

The govt supposedly said this..

https://ukdefencejournal.org.uk/uk-sinks-scot-gov-post-independence-naval-shipbuilding-claims/

Perhaps they should be reminded, all eggs in one basket a dangerous strategy. 😳

I took some time out today to peruse some of the previously granted UKEF loans, obviously signed off by Treasury.

The third one I was looking at is more than enlightening. Treasury saw fit to sign off on a 2.4 billion loan to a Turkish company. Not a UK company employing 1500 staff and using primarily UK suppliers ( therefore numbers substantially higher )

It states 100 % UKEF comprehensive guarantee. I think however, that 13 % is a commercial tranche and not guaranteed ??

This was found after 20 mins research . It is unequivocal, no ambiguity at all , that UKEF have deviated from the 80 % guaranteed loan. We are not the FIRST, and I am in no doubt that there are numerous more. It is outrageous that the papers are being fed info by Jones and co. Perhaps some holders could supply this to the papers and unions etc.

It truly is farcical. Don't recall Jones wanting the NAO involved before 2.4 billion winged its way to Turkey.

See notes to editor !

https://www.sc.com/tr-en/2022/03/17/standard-chartered-and-credit-suisse-arrange-eur-2-4-billion-of-financing-to-expand-railway-network-in-turkiye/

I talk Lottie purely about today , not the ongoing saga of missed dates. Those responsible for supplying these supposed leaks , would have done so regardless of whether the entire shareholder community was in awe of JW & Arun or frustrated. The aim is to cause delay, raise anything that may deter the deal from actually completing soon. Those who support the current duopoly are threatened by a new player on the block. We may well be miniscule in comparison, but won't always be. Right now I will be fully supportive of the board until they get this over the line. It's close , very close, according to the FT , within days of a decision being made. I am pretty confident the Bod will be laser focused on achieving this goal , nothing else matters. There is absolutely nothing they could have done to prevent the publication of those articles. Yes they were asked to comment but I'd practically guarentee that they were asked to comment on the finance deal and what stage it was at and that they were not shown that article or its eye-popping designed headline. If they had been shown it , then I'd have expected an earlier RNS. I am not naturally suspicious but it is not just the known detractors of Harl , it could also be companies who perhaps could go out of business if Harl succeeds with obtaining this loan.

I don't often, but do go out out when the fancy takes hold.

Another day in paradise.

Mines a row of doubles, get your money ready Lottie 🤪