Member Info for spudtheplumber

I would assume the 10-15% savings in CAPEX means they need to get the calculator out again....

I've sent you a Twitter direct message Nobby

John Wood tweeted yesterday that he wondered if there would be any new members for the TR1 club annual dinner lol.

Best to contact NOMAD and they will advise anyone how to declare a notification of holding

3% and on every 1% increase
You going to the dinner Nobby?

I agree Radders
If you believe the way JW and team are taking this these CLNs are simply an opportunity!
Could take a month or so to clear Riverfort but expected positive newsflow (and maybe unexpected ie H&W contracts) should help with the volume needed imo

Yep fair post O&W
Let's see how it plays out.....

These CLNs may give you a great opportunity to get back in O&W.
Maybe got a month or so depending on quality of newsflow.....

I think he just doesn't want to spend the meal by himself with Dawski ; )))

JOKING!

I agree get the shares sold and get them out

Riverfort will take zero risk, they won't hang on to shares

A few have Learned what CLN with VWAP means now.

My guess is they had to raise the deposit quickly and there wasn't time to get a book build going with a broker.

The H&W deal is a game changer imo, saving 10s of millions in Capex means we should keep a larger equity share of projects imo.

The expected newsflow over the next few months should provide the volume needed to clear Riverfort quite easily imo. Yes more dilution but this is value creation dilution and any projects for H&W that come along will provide revenue for us (as long as they get the finance deal sorted)

Until riverfort are out the sp will be subdued imo

We need volume and that should be created by the expected newsflow

https://www.baesystems.com/en-aus/article/australian-facility-upgrade-to-support-oil-and-gas-market-expansion

Took BAE Henderson from 80 employees to 1500 in 18 months.......

Definitely knows his way around a shipyard

https://en.m.wikipedia.org/wiki/Samson_and_Goliath_(cranes)

Samson and Goliath will have plenty of nipples to grease imo

https://en.m.wikipedia.org/wiki/Grease_fitting

FYI Dawski, stop making your own jokes up ;))))

Probably cleaning the bogs and greasing nipples

Jr was a regular visitor to this bb end '17 beginning '18
Most of his posts seem to have been deleted, he went silent when FEED money was raised.
He'll dissappear again when finance/equity is announced is my guess

I can't see the GSA being made public.
Surely it would publicise Vitols whole trading strategy?

It would be like me telling all my competitors how I price a job!

We weren't expecting that lol

This could be a game changer!
Apart from the massive savings taking our fabrication "in house" the H&W acquisition should allow us to generate revenue in at least the medium term.
Capex savings will totally change equity/debt equation.

Great move politically and socially, economic and jobs!

As long as Arun and team get the funding over the line we are all good imo.

A big company derisking move by JW today
GLA

Explains a lot then