The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
35p here we come... and this is just the one contract signed sealed and delivered!!
The re rate is on.... it’s not letting me purchase any!!!!!
Arghhh anyone else having problems on ii??
23 June 2020
LAMPRELL PLC
("Lamprell" and with its subsidiaries the "Group")
UPDATE ON SEAGREEN CONTRACT AWARD
Lamprell signs contract for Seagreen wind farm foundations
Following our letter of award announcement of 5 June, Lamprell is pleased to announce that it has now finalised and entered into a fully executed contract with Seaway 7 in respect of the Seagreen offshore wind farm.
- Ends -
Wouldn’t we all want it sooner rather than later mate? But patience is a virtue here. That’s only on one contract (and payment is upfront which is an added bonus!) not forgetting other contracts they can win in the meantime also. Very good news in lamprell coming! :-)
Mrn - totally agree wirh you mate. News is due anytime now really on the contract so I wouldn’t want to be out when news does land because you won’t be able to buy that’s for sure
Only showing 4% down... I did say what they tend to do, don’t be surprised if we finish blue today.
Gla
Well they dropped the last rns on a Friday afternoon 4pm, so they are pretty good at playing tricks and dropping them late in the day. Keep you’re eyes peeled.
Does this rns sound like they haven’t got the contract?
I think it would be a serious breach of rules issuing rns’s stating they have won contracts and actually havent do you not?
Lol!!! Just getting finalised ;-)
Fri, 5th Jun 2020 16:02
RNS Number : 1617P
Lamprell plc
05 June 2020
5 June 2020
LAMPRELL PLC
("Lamprell" and with its subsidiaries the "Group")
NEW CONTRACT AWARD
Lamprell appointed for Seagreen wind farm foundations
Lamprell is pleased to announce that it has received a Letter of Award (LOA) from Seaway 7, the Renewables business unit of Subsea 7, the lead engineering, procurement, construction and installation contractor on the Seagreen offshore wind farm, for the provision of Wind Turbine Generator (WTG) Substructures for the project.
To be executed on a lump-sum basis, the scope of work includes the procurement, fabrication and delivery of 30 WTGs Substructures, including the jackets, transition pieces and suction caissons.
This very large* project award is subject to finalising the contract, which is expected to be completed shortly. Fabrication work is expected to complete in H2 2021. Lamprell will deliver the jackets to Seaway 7 at the Group's deep water quayside in Hamriyah port whereupon Seaway 7 will transport the jackets to the offshore windfarm in the North Sea.
The Seagreen offshore windfarm project is a 1,075MW project which is located 27km off the Angus Coast in the Firth of Forth, off the coast of Scotland and will be developed and operated by Seagreen Wind Energy Limited. Once constructed, the windfarm will be the largest in Scotland and Phase One is forecast to provide low carbon energy for around one million homes.
Christopher McDonald, CEO, Lamprell, said:
"We are delighted to have been selected to be part of the major Seagreen offshore windfarm project. Having worked on similar projects in the renewables segment, our workforce is skilled and experienced to execute the project with a focus on the key drivers of safety, high quality and profitability. We see substantial growth opportunities in the renewables sector, which is a core strategic focus for Lamprell, and we are excited to work with Seaway 7 on this project in the months to come."
I’ve seen this so many times guys were the price falls out of it then bounces back the same day, check dlar out just 2 weeks back done exactly the same and finished 10% blue.
Not saying this will but just letting you know not to panic as such with the price drop. We will bounce for sure.
News due anytime on the sea green contract
This very large* project award is subject to finalising the contract, which is expected to be completed shortly.
Come on Lamprell drop the bomb ;-)
Quote from the rns 23rd August 2019.
Yes this is pretty old news though and already priced in. It hasn’t come as no surprise as you always knew it was coming into play.
No? It’s still showing as smoggy2210 on mine.
What’s that got to do with QFI?
Bit disappointed how the price dropped so much in the last half hour today.
Ftse & Dow looking pretty good for tomorrow so far.
Let’s see how the rest of the week plays out.
Remember an update due anytime regards to the Sea Green contract which will give us a pretty big rise ;-).
Gla
Evening all, Qfi held its own today so hopefully we can have a good strong week this week, Ftse & Dow forecast looking strong for tomorrow ;-).
Gla
Thanks for explaining everything in greater detail mate.
Much appreciated. I’ll have the money in ready for the 30th :-)
So is that you applying for an additional 5k more at the same price 110 is that??
And when do the funds have to be available in you’re account? Because I’ll have to do some juggling with me other shares this week that’s all. If you can apply for additional shares at the same price then I’ll apply for more if that’s the case?
Thanks again all you’re reply’s are really helpful.
Hi Long - thanks for taking the time to respond to me.
So I’ve gone on and Exercise subscription share to the amount of 9470.
Entitlement
9,470.00
Latest Response Date
23:59 30/06/2020
This is what it says ^^ so when will I have to have the available funds in the account for the 30th?
Unless anyone wants to purchase the shares off me for a tiny profit :-)
Hi guys can anyone help me out..
DLAR is now showing in my investements in brackets (sub shares) then in the quantity 9470. I haven’t purchased these yet but I’m guessing it’s from the placing just a few days ago, I’ve tried calling ii but they are shut on weekends.
So is it a case of I’m entitled to this many shares at 1.10p?
Sorry for sounding stupid.
Thanks all