Member Info for Nobby31

It is interesting to see those that actively relish the thought of the company failing. I think this is more to do with an active dislike of the CEO than to see jobs at risk in NI and the ongoing duopoly protecting its cherished position of being in a 50/50 shout of winning billions of taxpayer money. It is not going to happen; now the cabal of those that are seeking this outcome on the bigger stage is clearer than ever then in imho the worst outcome for us is 80% vs 100% which would not be ideal but there will be protections in place should this occur. Some of the recent large contract awards are going to be considerably larger than the quoted figures, considerably. When this is in the public domain along with further business I think the so called axis of evil (not really that just protectionists ultimately concerned about their share price) will back off and be accepting they now have to perform considerably better than they have had to in the past. It is a troubling time if you are inclined to believe what you read in the press but I remain confident we will not only survive this turmoil but come out stronger.

Would now be a good time for the FD of the past 5 years (who has trousered about £2 million of shareholders funds ) to buy at least 500,000 shares? Or, hold on, do I smell the tired old excuse of another closed period. Get your cheque book out Arun

It's just messy; like it has been for the past 5 years with coroporate comms. There needs to be change. I've had enough.

Time to remove the Board?

The wait is frustrating but as has been said, the big decisions we require are with third parties in most cases. The one thing I hope the Board has learned from the last few years is that they need to get the timing right on delivery of objectives; not guesses, estimates or projections. The fact that they haven to date done this very well has created a big dent in trustworthiness and credibility and, imo explains the the lack of institutional investors. It is not the debt that keeps them away it is the Board; for those that are connected ask around, I have. Classic AIM where no one at the top wants to give up on what they have got by changing things around but this is what needs to happen; there are some very talented folk out there that could deliver for the shareholders and recognise their worth in this venture. I am not proposing a revolt but I would like to see things improving in corporate updates to shareholders and greater insight into the business strategy, objectives and deliverables. It doesn't feel to me much like the Board behaves in a manner that it understands and respects the fact that it has responsibilities to inform the shareholders (ie the owners of the company?) much more effectively that it currently does; and there are not many sticks that we as PIs have to wave. But that is AIM and we all know it. GLA

For those that follow football which I do a little I have come to the conclusion that if HARL was a football team they would almost certainly be Millwall. Why? Because they are often heard to chant on the terraces that "no-one likes us but we don't care" .....

Thank you Si

Can anyone with any knowledge of the trading in AIM explain what all these tiny share transactions are all about? The dealing fees would be greater than the financial value of the trades shown in many cases.

Wow what a cabal. Any number of them are likley to have it in for us and do what they legally can to ensure HARL does not succeed. They won't want competition as it will frighten the life out of them and their cozy business models.

What are the implications for that ?

Keep your short on and be ready to lose your shirt

I had thought that she was a lady called Lisa. I know the surname but I don’t think it is appropriate to disclose that on this chat as there are some less than amiable folks that are present. Anyway I may be misinformed as Consuela has advised I am incorrect. I don’t understand the basis and background for her spirited dislike of the CEO and perhaps we shall never find out. Whilst I am all for a balanced board and there is inevitably lots of conjecture concerning this companies prospects we all ought to try our best to be factual; me included! On an earlier email asking about what we want I’d like to see profit, a more balanced BOD and the storage project moved forward to the next stage; ideally FID

Thanks Consuela. Blimey, I wish the rest of it could only be one month delayed!

I think Lisa (Consuela) has just got it in for the CEO not HARL. That’s why she may wish to give the impression that the whole enterprise will fail. It’s personal.

I am glad they did. I think it is better that they no and reduce any impedance to the good news being sold down. So I would ask them to keep going as hard as they can!

Come on 50k seller you can do better than that. Are you running out or just losing the will to sell us more of these lovely shares to us? You're being swamped at the moment by those that can see where this infant industrial behemoth is headed.

It's time to realise that Harland and Wolff is fast becoming the third man in the room. C'mon!

It wouldn't be the same without those 50,000 sells coming in at the end of the day no would it?

The rate at the outset is not fixed indefinitely; it may start higher due to the delays in the reduction in interest rate cuts and therefore may be in low double figures (my guess is 10.5% and it will take until early May to complete) but it will fall in line with the prevailing BoE bae rate. Clearly it will be considerably lower than the Riverstone rates and have a direct impact on margins in H2. The important thing is to get the facility live; irrespective that the initial rate may not be in the high single figures. All imho.

I think the number is running at around GBP 17 million. This is what I would hope we could expect to receive as part of any consideration in the event we find a farminee; along with carry and payments linked to specific milestones eg FID, full development consents, first injection etc

One of the big issues with the non floating type of wind turbines is the amount of rock dumping that is required to provide a stable platform to protect the base frame. This is way in excess of any volumes of rock required to ensure seabed pipelines are stabilised. It's been a big issue for the NSTA in the ongoing licensing discussions. The provision of reliable renewable power sources is essentially sensible and required but it is not without some pretty sizable issues around their footprint both from the supply chain perspective, installation and then operation (including decommissioning and recycling)