The grand RNS18 Jun 2019 15:00
Having perused today's RNS, I am unsure as to what concrete, positive news it provides.
I note first and foremost that this announcement is made on the basis of something called a "Technical Partnership Agreement", presumably a hybrid of the MOUs we came to see regularly but could never rely upon.
The time-line is even scarier: the port opens on June 28, WSG has 10 days to prep. and be in a state of readiness (equipment, offices and all logistics etc), and is prepared to proceed with NO contract in place. The statement that the costings etc will be sorted at a later date is reminiscent of the Brexit negotiations at their very worst.
The "advance deployment team" sounds like an elite team, presumably to be parachuted in at a moment's notice, ready to bring the bacon home to us eager shareholders.
Apologies if I am a touch cynical at this delicate stage, but the timing of the announcement and its total absence of any meat on the bone is similar to many of the false-dawns provided here over the years.
Wouldn't it be nice if our beloved, highly profit-generative Sierra Queen could be patched up in time to be the very first to enter the port, with PF at the helm and surrounded by dignatories for the grand opening?
Toodle pip!