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For final top up.

I would add that this particular dip is worth snapping up. Killick will not go to zero - they are not a fund. This will be a client of theirs (maybe a 2-3% Harl holder) cashing in. Navantia contract RNS probably arriving next week - once everything is laid out in black and white, we will see 30p minimum. NO DOUBT

The bottom line is that the company is valued at £30m. This is plainly ludicrous. Therefore, add at these levels and wait patiently. We are looking at 100% upside. I could not be more relaxed with this. HARL now my second biggest holding.

At least this is 100% confirmation of no placing! Just added a further 27744 shares at dot on 18p - total bargain

From what I understand, one can only appeal on a point of law or unfounded judgement. IMO an appeal is extremely unlikely.

investor relations

Strange - thanks. I received a response from IR btw. They said the Navantia subcontract RNS will answer all my queries... Reading between the lines, the market is not pricing the FSS commercials properly. Small top up for me today @19p. Fair value 30p minimum

Has it? I never received notification...

Will be sharing my thoughts / key take-aways later on

Yep - obvious forthcoming favourable outcome for Anexo being missed by the market. This share is so so so undervalued

If a big boy doesn’t farm in to GBA, I’d be very surprised. One of a few large North Sea assets ready to go… very attractive economics, oil price is looking good… very attractive for tax savings over the next two years at least. Global economy not looking as gloomy as it did last year. Let’s see - this could really take quite a few by surprise IMO

Each to their own - I have a fair value of £1.50

Also the mine life is very easily extended with a new CPR

That is misleading - if you factor in cash, the p/e is about 2.5

Suspect *

I’m also on board, suspend the exec directors (with monster holdings) will hold out for £2 before selling up. Interesting to see that DBAY also hold 29% (just below the takeover level) despite their failed attempt to buy the company in the summer of 2021.

Interesting times and clearly way undervalued…

Couldn’t help one last small top up this morn. Brent is looking quite strong - climbing the wall of worry!

“ What a week……. it was fantastic to welcome the SoS for Defence to Belfast. It’s just over three years since I was handed the keys for the Harland and Wolff shipyard. We are bringing ship building back home to Belfast.

To achieve this is the time we have has taken a incalculable amount of effort and dedication from my team, vision, trust and belief of our partners Navantia and BMT. Everyone that has and continue to support us through this rebuilding stage have been amazing.

As they say the hard work starts now, we have a lot of work to do in the coming weeks, months and years ahead. To have a ten year backlog gives us a good platform to build on.

With the £1.62bn contract comes a £77m investment into our facilities, this will turn us into one of the most automated shipyards in the U.K., being able to compete on a whole range of vessels and structured globally driving substantial exports.

With 1200 jobs being created in our yards, this will ensure many generations will continue to build ships in Belfast and Appledore.”

https://www.linkedin.com/feed/

Very bullish statements. 30 pence minimum incoming in next few weeks. Not long until commercial’s announced and Astra financing closed.

Bizarrely, this plays into JOGs hands with the shovel ready GBA. Doesn’t look great for exploration but GBA is now a very highly prized asset. Oil price rallying hard. JOG entering the final leg of this huge farm out process. GLA - I’m locked and loaded