RE: Market Value.3 Apr 2022 14:20
Here's one tender, for £456k, that I don't think was announced via RNS and for a vessle in dock at the mo.
https://bidstats.uk/tenders/2022/W07/769130808
Someone that attended one of the investor days posted that AR was "still hopeful of cash break-even" so at the time it wasn't a given. Hopefully things have moved on since then.
Regarding the thread about large turbine conracts for the Irish sea, that would be a hell of an increase in staff to pull one of those sort of contracts off. Material supply issues aside, they have drafted in some 250+ new empolyees, some doing a night shift and it's nearly a year since, "we are now ready to commence fabrication, a month ahead of schedule". And that's just for eight jackets,
Even with MoU between Harl, Navantia and Windar Renovables that had a "firm commitment from all three parties to actively secure wind farm development projects and execute them together. " And that's from last June.
Sorry to say, i'm a bit sceptical they could cope, as it stands. But happy for them to be given a chance.
I sometimes worry that they have their fingers in so many pies that they can't focus on any one specific area and get something over the line. What would happen if they did get a big turbine contract that required Belfast's facilities, how would that effect their ability to build a new vessel at the same time, and service vessels as they are doing.