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Think we do need to almost write SP off until the small matter of a Global Pandemic is over the worst ! My view is the we will then effectively be in a recession and it would take a hugely compelling argument to stop any project that is going to boost the economy and create jobs.
Frustrating I know Mr T. Has the “it’s heading in the right direction” feeling, but real needle movers will only be tangible milestones. I would expect a couple of big H&W contracts before ML signed .. news on Government Funding would be welcome but somehow suspect they have bigger fish to fry in short term
https://twitter.com/johnwoo64494325/status/1238469509536718853?s=21
Appreciate scepticism.. however this wasn’t an indication based on an informal discussion.. this was a formal communication from EU detailing the amounts and confirming it will be paid. IMO it’s a done deal. Agree ML is next key deadline but TBF it’s impossible for the BOD to put any timeline on this other than the end of consultation period.
Gods conspiring against us. Should’ve cashed in and gone all in on toilet roll and hand gel !! Hope any news in next few weeks isn’t lost in the tidal wave of panic
Great stuff .. futures bright for H&W .. just need ML now
As part of the comprehensive competitive process in 2019, Team 31’s proposal will deliver UK prosperity into the shipbuilding and extended Supply Chain through the Type 31 frigate programme
That comment should encourage investors massively !! Also explains JW hanging on for government grants !! Brightened up my morning .. Go INFA and H&W !!
I have two small top ups (ISA/SIPP) both showing as sells.
That could signal release of the funding .. perhaps this was the hurdle ..
Agree Droderick .. voted with full facts .. not happy with SP, but we are now in eye of the storm with ML, EU funding, H&W contracts all within touching distance. I’ve lost a around £50k and under no illusions this remains high risk.
https://ec.europa.eu/inea/en/connecting-europe-facility/cef-energy/5.1.1-0005-ukie-s-m-16
looks like 15 and 16 are Ongoing - with 14 Closed. All Have just been updated in Feb, seems difficult to work out what if anything that means.
sorry Tango, you I think are correct - looks like two entries.. this perhaps is the later one - https://ec.europa.eu/inea/en/connecting-europe-facility/cef-energy/5.1.3-0036-uk-s-m-15
also updated in Feb 2020, and status Ongoing.
Only thing Tango is that it was only changed to Closed Status this week.
Is this Feb update and closed status of any significance ?
https://ec.europa.eu/inea/en/connecting-europe-facility/cef-energy/5.1.3-0035-ukuk-s-m-14
Raising a glass to you Tom, not a Nige fan .. but all INFA fans
Regardless .. cheers to all , Dry January ended tonight !
Thanks Dawski, seems firmer footing with hopefully a clear set of milestones this year, did they provide any updated timeline to FID ?
Assume any significant news at AGM would require RNS.. would be good to see set of clear realistic milestones again
That's what I am hoping Tango .. solid company with Dividends rather than at the mercy of MMs shenanigans
I would see 1p on FID as incredibly disappointing for the LTH's. That being said there is so much more to the project now I would hope to see a steady growth over the next 2-3 years with multiple projects. So a much longer term investment than hoped but then its AIM and always has been huge risk.
which I know wont be 11.6p Blair btw