Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
those purchases (and later in the day sales) I suspect were the result of an internal piece of news not yet ready to be an RNS which was then spread by someone. If I am wrong then it is a very unusual and erratic number of trades for this Company.
There are always leaks particularly on the raises and we are the tail end charlies finding out after others are out.
thank you AlbertoZ. Indeed it is as would be their first success with the MOD of note. The contract value is almost double the market cap! (I appreciate HARL don't get it all if its a consortium but nonetheless a very material piece of business if its announced)
I’d expect it would require the installation of electrically driven compression (using renewable power sources) and also some upgraded metering and dewpointing (gas treatment). Mutual Energy will need to be 100% behind this solution to enhance energy security between GB & NI.
That’s right. But by not having to flow from GB into NI (due to storage withdrawals) it effectively adds 8.08 mcmd back into the GB gas supply (typically in Winter). It’s called netting off. With reverse flow ie it becoming an interconnector this would at least double. As you’ll read we are finally realising the merits of stored energy; this means we need the overall equivalent of several Roughs in volumetric & deliverability. For the geology, market (& regulators) to decide where these ought to be. Roll on IslandMagee sometime this decade!
Does everyone remember this? I know Saipem has been through the mill financially but this contract was going to be worth upwards of £40 million. Do any of our intrepid band of researchers and news hounds have any intelligence on this please as it would provide a great deal of security for the Scottish yards as well as investors! thanks
I have suggested this in the past. I would not put it past John Wood to be purposely running the SP into the ground and that he has a friendly bidder lined up to take HARL private .... at our expense via a low ball offer as a) he cannot manage a public company and b) he has ensured we have no other option. Or am I just being too much of a conspiracy theorist?
I did read it. It's all based on future promises with the main exception being the Cruise ship wins which is good news. Rather sadly most of the rest I have to regard as speculative for reasons you will understand from my past postings. I accept it is a long journey but I bet that Ballie Gifford chap who bought 5% is feeling a little duped though at least he is probably a medium/long term investor. Just feeling fed up with SP performance and more excuses (albeit some are legitimate).
These are extremely testing times for us LTHs.
I have little faith in the management in turning this around. They are full of promises and delivery little apart from their salary package; they are being overpaid by themselves and the Groat give 'em what they ask for non-independent remuneration committee. They ought to be on no more than £200k each imo. Whilst turnover projections look quite good the cost base is still rising and the orders are not coming in with more excuses abound, Truly fed up with this lot; they aren;t fit for purpose. EGM anyone?
As we move toward the 3 year mark since the acquisition of H&W it’s clearer to me now that this was always going to be a long haul. The dilapidated condition of the assets and the risk aversion investors have, notably in the UK to old school industrial sector activity coupled with an untried and untested management team has really held us back. Looking forward I’d say it’s not too optimistic from an investor perspective to assume that with the work done to date, and the company being better known to various sectors like renewables, cruise and defence (plus odds and sods) that they ought to at the very least be able to breakeven on a regular and reliable basis. That gives some grounds for an investor to consider what else could be achieved with the right team in place and an experienced workforce to deliver on. As everyone knows I’m big into HARL and I’ve had to spend many tortuous hours deciding whether to bail out with something over the past couple of years; given the rubbish we have had to put up with and innumerate management faux pas (pl?) I’m amazed sometimes I’m still here at all. It was encouraging to hear from Lottie123 as my story with friends and family is very similar. I think we all, certainly me anyway, piled in way too early however I do see some sunlit uplands (no more pipeline allegories) with what I’m hearing about new business. If we could get someone like Gresham back in that would send a strong message as would Directors share purchases (no more BS about closed periods pls) if they don’t buy in at 15p when will they?? Have a good weekend to all posters whatever your leanings
Thank you Lottie123 that’s a long day. I do not wish to be cynical but anything they promised in the past in discussions to me have not been delivered or have been delivered in a diminished and delayed way. I am glad you felt welcome and was impressed so that at least is some encouraging news. But, the Board has been given too long a rope imho and they are now running out of time to deliver real and tangible results. GLA
Unloved share, untrustworthy management and unbelievably crap at PR. What a mess they are in and me too. Just wishing for them to become stand up and be accountable instead of feeding incessant lines of b******t