Member Info for Kaeren

A very emotive topic , if I was forced to make a decision right now , twenty seconds to push the button... I would go for the JV, but with delay clauses in a contract .. at x date we receive xx to further mitigate risk. Thankfully won't be down to me and I'm sure our mgt team will consider what option is best for the bottom line and ongoing strategic growth. I see merit in injecting a lump of cash but if IM is worth billions over x years then 50million seems a paltry sum to relinquish such an assest.

Just need more inf.

I would want to see numbers for all alternatives, without them we are flying blind. How much will IM cost to develop , how much money will we make p.a after the facility is up and running. How long would it take to pay off the development costs. Those who attended the investor meet and were asked what their preference would be , did you have that information made available to you ? Without it , how can one begin to decide which option , sell outright , JV and retain 25 % or go it alone , Is the best alternative . Dependent on estimated earnings , the debt incurred to develop the caverns could pale into insignificance very quickly.
First we need the JR result and then we need a lot more information. I do have a concern with too many fingers in too many pies.
JW sells it as spreading the risk. We are going to have one of the most technologically advanced shipyards in the UK and could well be inundated with work , ships , cruise business and renewables.
A question , not a deramp, do we have the bandwidth and/or expertise to undertake such a project.
With regards to stated values of IM , I would want to see a formal valuation , something more then JW saying folks sniffing around and it could be worth xx now and xxx after a positive JR.

Yep , shall just sit and wait now for them to bring news to us.

It was likened to a hurdle race and if there is a small chip in one of the hurdles you don't call off the race or something akin to that sentiment.
I think a key point today was when the applicants raised the point of fracking as an example when discussing controversy and the judge made his feelings very clear indeed. That to me made it clear he will be very loathe to interfere in decisions made , providing the decision makers have been access to all information required. I most unfortunately got cut off when the judge was discussing 'bad law ' and heard nothing further. If anything of significance was said I would appreciate a DM.

Very aptly named 'pleading ' sounds exactly like that to me.

Have it now thx

I have no sound is that the same for everyone until the judge arrives ?

Burden of proof v high at a JR.
The applicants had an uphill struggle prior to commencement of the hearing. After yesterday, they must feel the peak is insurmountable.
Yesterday was knockout , can they get off the ropes and stagger
for a while. Personally think the fatal blows were delivered yesterday and although not a body language expert , watching and listening closely I feel very confident.
They do say a wounded animal can be dangerous , coffee ready , full alert , let's go the Wolff pack !!

I was just expressing frustration I thought it was poor taste for numerous reasons , obviously it will have no negative impact on outcome.

Compleated is actually still used , came across it in legal docs in the USA , never seen it in the UK in modern literature but have seen it used in old books. Is actually in the Oxford dictionary.

Not what I would have chosen to do and I guarentee our barristers cringed .
Many years ago an acquaintance who wasn't cut out for the bar ( for numerous reasons ) was up before the judge and having addressed him, started on her case outline.
The judge said "I can't hear you " x started again , judge said "I can't hear you " x cranked up the volume.
Judge shook his head and left the courtroom.
It was explained " I can't hear you " means I won't hear you.
It transpired x was not suitably attired. There are very strict etiquette rules surrounding the judiciary and how it operates.
The scallop post if read will be viewed with disdain.
My opinion , each entitled to their own. I shan't be shoving it on twitter.

Well that told me in no uncertain terms 100 % wrong.

https://www.linkedin.com/posts/activity-7059946808747155456-0lc0?utm_source=share&utm_medium=member_android

Oh I'm easily confused ;)

I do not expect ANY comment from H&W about the JR.
Lesson one , how to pxxs off a judge , presume to know what he will/won't do !
Never saw anything stupid Mary wrote.
If you refer to what Lottie wrote, then I would agree with it.

He will be burning the midnight oil , very difficult to defend the indefensible , I'd say moved from a shredder to an incinerator as the day progressed. I was concerned about one issue , I am now not remotely concerned about it.

Yes I second that Chrisatdrg , absolutely stellar, to say I was impressed is an understatement. Lol
#scallops & every variety of tern known to mankind.

No just the Exterminators .

In situ shredder ! Brilliant , couldn't be happier

Dave turn your boody video and audio off !

Chris , v positive , what and what is not within remit of court.