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Done lots of research, though granted most of that was 4 years ago when it was INFA.
Not read this board for a while, but you have confirmed the clueless be11 ends of LSE are all over this share at the moment.
Its more the case that we have been shafted, but we may get out with some of our money if the JR goes our way.
Would anyone have a realistic figure as to what IM would be worth, if sold in its entirety?
Lessons learnt from investing in an AIM company.
Its the British way.
IM could be a long term business, with what would be nice dividends rolling into predominantly British share holders pockets for the next 30 years, which in a normal would would be a fantastic investment.
Or it could be flogged of to whoever has managed to get their hands on the cheapest debt to bung JW ad Arun a nice few million to make a sale go smoothly.
Whatever happens they're going to pocket millions for a project that didn't need them.
If only Britain had vast amounts underground gas storage space, it'd be one way of steadying the price of energy.
Our politicians, taxpayer funded NIMBY's and man made global warming advocates of the last 1/4 of a century have a lot to answer for; not that they ever will.
The reality that their income and cossetted life comes from cheap energy other peoples wages might hit home when energy prices continue to rise and those "other people" lose their jobs.
@Consuela - In true Orwellian fashion from our great leaders, natural gas is now green energy, so storing it is good for the planet and for getting govt backed loans -
Natural gas is to be classed as a “green” investment by Kwasi Kwarteng as the Government scrambles to increase North Sea production in a move that risks inflaming tensions with climate campaigners.
https://www.telegraph.co.uk/business/2022/05/13/natural-gas-classed-green-investment-boost-north-sea/
You do talk some nonsense.
Sunak is threatening a windfall tax on oil and gas companies if they don't invest in oil and gas.
Yours, the IM protestors, the Swedish girl and all the other brainwashed who dreamt of powering the planet on Unicorns flapping their wings got shown to be the complete fantasy it is by Putin, though Putin merely brought forward the day of reckoning.
We need fossil fuels and vast investment, as they are the only current option for giving us the high standard of living we've had throughout our lives.
Anyway ever get to the bottom of whether they put in the application for a JR late, if not when the hearing is?
Presuming if the JR is rejected for whatever reason then this is when IM sends the share price into the stratosphere, or the opposite should they win.
Article from 7th Feb 2022 states - "they have launched a legal challenge"
belfasttelegraph .co. uk/news/northern-ireland/legal-challenge-to-plans-for-gas-storage-caverns-beneath-larne-lough-41323015.html
This article from the Belfast Live dated 14 Feb 2022, states - "No Gas Caverns and Friends of the Earth NI filed papers to the High Court in Belfast, earlier this month, requesting a judicial review."
belfastlive .co .uk/news/northern-ireland/legal-challenge-launched-over-edwin-23084770
Surely Belfast High Court can assist.
I wish there was something positive to say about this company, but the reality is for the 4 years i've held its been a constant case of huge contracts on the horizon.
Its been nothing but a vessel to extract money from share holders to buy out bankrupt businesses, that were bankrupt for a reason ... and to enrich those in the upper echelons of Harland and Wolff as its now called.
I'm that far under water with this company its a case of #### or bust, from what i see the bust part of that equation is inevitable unless contracts are signed with the govt to build some ships shortly, or they get started on Island Magee.
This time next year Rodders.
Its not very impressive, bending steel then welding it ... what is far more impressive to the people who do that kind of work is a signed contract with many more years work lined up.
No one has seen such a contract at HARL. Not that'd be the end of the world for JW and Arun if it never happens as they've now made their money.
HARL are allegedly a shipbuilding/repair company that can weld a few windmills on the side, if they're relying on flogging land to developers to get by then they've bigger problems than we thought.
Besides JW didnt like the housing estate being built close to this soon to be out of business shipyard.
www .devon live .com/news/devon-news/appledore-shipyard-slams-disaster-housing-6155580
Its not exactly a share for a chartist; but the trend has been no "new" contracts of note for as long as the Directors went out and bought the shipyards with other peoples money, which is why HARL will go out of business if it continues for much longer.
Blood pressure is fine, i remember reading the insults and insanity from the NIMBYS that they were posting online a couple of years back. Some seriously deranged individuals complaining for the sake of it.
Ive worked at H&W before, those Belfast lads were as nice a bunch of people i've worked with, there is no way a person could put them in the same category as the NIMBYs.
For 1 they work, and 2 they would welcome the jobs IM would bring.
Yes right these people are connected to billionaires, probably a few trillionaires also.
I just hope the get building IM asap, HARL get a good deal out of it, so i can take my money out of NI.
Watching the MPs mostly go against IM shows the level of intellect the ruling class over there have. Caused by them expecting the English to hand them money as opposed to attempting to create a sustainable economy on their own.
If they were to lose a Judicial Review, then they would be liable for HARL's legal costs.
Cant see this bunch of dole scroungers and simpletons taking such a risk, as some of them will have assets that'd be needed to cover costs, when they invariably lose.
No doubt these are the breed that will expect crowdfunders to cover their costs.
Selling the one worthwhile asset has "IM", so JW and his dopey mate can line their pockets some more has to be the quickest way for us all to lose the rest of our money.
Sell it and give the money to shareholders would be my preference.
The let JW bankrupt HARL quicker than what he would if he had more of other peoples money to burn.