Member Info for Wiseinvestor23

Excellent news - we fell to the lowest in 6months for no good reason while money poured into cryptos - we massively undervalued and was surprised we ever dropped back bellow 30 let alone 20

Jubilee JV to follow - 6% copper with grades up to 17%

The renewables sector is growing quickly. The Company is involved in several negotiations with clients who are looking at booking fabrication capacity across all the Company's yards. The contracts being negotiated are complex and multi-year, with values ranging from approximately £30 million to £200 million. Project developers have now become conscious of the lack of fabrication capacity across the UK and are making efforts to book capacity in order to meet their local content requirements. The Company expects this market to be a key growth market for the whole Group going into 2022 and beyond.



The Company recently announced an MoU (Memorandum of Understanding) between H&W, Navantia and Windar. This MoU is expected to be converted into a formal joint venture shortly with the consortium bidding for large fixed and floating wind projects in the UK and Europe. Significant growth is expected in the floating wind turbine market, which requires large scale fabrication capacity and much larger load out capacities in contrast to fixed wind structures. The consortium is well placed to bid competitively for these large projects given the depth of experience that each partner carries and the fabrication and loadout capacity that the H&W group has across four sites.



With the inevitable move to floating wind, Harland & Wolff has dry docks and quayside facilities that can fabricate and load-out respectively these structures rapidly. The fabrication volume of these structures will be at a scale that the UK has not witnessed in the past. Further, the growing importance of as much local content as possible, as well as overseas yards reaching near-full capacity levels, bodes well for UK plc involved in large scale heavy engineering and fabrication.

· The Directors believe that the Harland & Wolff Group now has the largest fabrication footprint in the UK dedicated to the marine and renewables industries capable of delivering large, complex ship building and fabrication contracts.

· Company's first major fabrication contract signed in April 2021; fabrication of eight wind turbine generator jackets for the NNG project in Scotland signed with Saipem UK Limited for a total value of £26.50 million; fabrication has commenced at pace, with a significant contribution expected in the second half of 2021.

· Strong pipeline of contracts across five distinct markets and six service sectors developed and being actively progressed.

· Defence and renewables markets are coming into play quicker than originally envisaged; significantly larger opportunities brought forward by the Government in its commitment to naval defence spending and transitioning to green energy by 2030.

I’d much rather navantia as the prime contractor/JV partner to be announced shortly also

Between the navantia MOU that will be a formal JV soon, COP26 and the England Ireland Scotland spending reviews and climate action plans - I firmly believe some of the current wind fabrication negotiations ranging from 30-200millon will land this side of Christmas - the whole section on renewables was so interesting.

And the interims mentioned the 26.5mil wind turbine fabricator contact we received this year with Saipan is expecting an addition in h2 2022.

Have a lovely evening everyone

Also an impeding start for bezant drilling at their Asset Hope - great time ahead for both - I expect both to double from their current price between now and Christmas

Maybe?

Trouli is significantly larger than expected with high grades than expected

Both bezant and cmrs are going to do great

I’m holding 10k bezant at the placing price - and think traders are attracted to the smaller mcap - but it will be long time till they make any money from CMRSs assets - we just know now their drilling proven copper and a large sized asset - they also have the other assets

Where as CMRS is about to fully funded to production and the grades are 3 times higher than anticipated

https://parliamentlive.tv/event/index/e1739ceb-7964-48e0-b7db-ef7846748bc6

https://hansard.parliament.uk/lords/2021-10-14/debates/3078DACE-B677-4F72-B89A-B61747DA1632/RoyalNavyShipsAndFrigates

With the strong push to get started with the MOD shipbuilding, it’s just a matter of time until the contracts from the MOD alone start coming in - they will be valued a lot more than the current mcap

As will the wind contracts - I’m expecting the first shortly after COP26 - Harland have the largest wind turbine fabricator in the UK - it would crash to think we’re not going to land more now there’s 100s of millions going towards them from the UK Ireland and Scottish governments on top of other clients

Based on the areal extent of the ROM pad under investigation, Caerus expects that the as yet undefined ROM Mineral Resource Estimate will exceed 200Kt. However, this is expected to increase as a second and adjacent ROM pad is exposed and assessed in the immediate future. A further estimated 900m of trenching is scheduled and is already underway to better inform and confirm continuity and the impending Mineral Resource Estimate.

Commenting on the Troulli trench sampling update, Chief Executive Officer Martyn Churchouse said; "Each dump potentially represents an orebody. In terms of future mining, the notable difference between a dump and a lens of volcanogenic massive sulphide mineralisation is the fact that we do not need to drill and blast the resource, nor is it necessary to strip overlying waste material or commit to the capital required to access the mineralisation via underground development.

We simply need to confirm the tonnage and grade and, subject to test work, build a processing plant capable of treating the variety of ore types we are encountering. Assay results are fundamental to growing and ambitious natural resources development companies such as Caerus and the current lengthy lead times between sample dispatch and the delivery of results from the certified laboratory puts pressure on us to keep Shareholders informed. We have therefore elected to utilise our XRF equipment to determine at field level the presence of copper mineralisation in all forms of exploration that we are currently undertaking, drilling, dump evaluation and regional exploration. Shareholders and other interested parties should take careful note of the statement beneath the table below with reference to the underlying XRF copper grades quoted".

Larger than expected with significantly better grades than expected - 6%Cu average with grades up to 17%

The jubilee JV will fully fund to CMRS to production and the JV should be concluded soon enough

Their wasn’t much detail in the ML granted ML leaving new investors and the wider market uniformed of the positive impact it will have on the company for the months and years that follow.

Cryptos now have a 3trillion collective mcap that has effected the volume in the juniors creating a lot of RNS chasing traders ( again even the 431 ship maintenance and repairs didn’t give a price tag - a contract or funding valued more than the Mcap is an overt sign for buying )

A lot of times when useful information for new investors looking inis shared, it gets shot down or discredited - and lost in conversation between informed investors speaking about elements and factors of the company the the majority looking in won’t understand or will sound like a foreign language- and are generally very neutral as the majority of LTHs are sitting at a loss ( and write opinions as though there facts coming from success investors )

I was just having a conversation about have vulnerable the UK to attack via ship or air - hence the 24bn push for a British shipbuilding reconnaissance and the 15 MOD tenders.

Not a one trick pony like it 2019 - the wind turbine and shipbuilding side of things will be a significant growth factor for the company going forward along side sis land magee

4 separate ways to be valued multiples of the Mcap - have a good evening all

Maximum respect for stopping drinking Si

The MOD are being pushed to start building as we’re currently vulnerable

15 MOD tenders

Huge push for wind turbines in Ireland Scotland and the Uk in general - Harland have the largest wind turbine fabricator in the UK - formal navantia JW concluded shortly

22 shipbuilding tenders of which we will win some

Island Magee - I saw comments for late Q1 - I wouldn’t mind but I’m curious where you got that from? With the top soil already being removed and the huge winks from the North Ireland minister and Hydrogen NI - also knowing we’re already in financial discussions - I high doubt it will take 5 months while the gas crisis continues and the country needs an answer on how we’re gonna deal with it.

We’re all gonna do great

Hi mate

As part of the FEED studies, a “P90” cost estimate has been undertaken for delivering the Project determined by probabilistic analysis.  P90 values are established to provide a high level of confidence (90% confident) such that the Project outturn cost will have a 90% chance to be below this estimate and a 10% chance above.
The P90 estimate is consistent with the economic modelling undertaken on the Project and therefore InfraStrata proceeds into the next phase of development with a high level of confidence from a technical, cost and economic basis.
The economic modelling undertaken was on a range of cost estimates of £100m – £120m for delivering Phase 1 (2 caverns) and £300m – £330m for Phase 2 (adding an additional 6 caverns, resulting in a total of 8 Caverns).
The combined FEED studies have delivered P90 cost estimates of £114m for Phase 1 and £265m for Phase 2, with an additional risk allowance for a total of £11.6m for both phases. 

My 380mil funding but was corrected by stokey for it to be closer to 450mil

https://tanknewsinternational.com/infrastrata-and-vitol-sign-term-sheet-for-gas-storage-capacity-at-islandmagee/

The gas price is significantly higher than in 2019

https://tanknewsinternational.com/infrastrata-and-vitol-sign-term-sheet-for-gas-storage-capacity-at-islandmagee/

I though 40years also and was corrected by a LTH on here for it to be 60years

https://twitter.com/islandmageenrg/status/1457968170975825926?t=XzXXtBHCDd8kCBVqNQ6P7w&s=09

Like this guy - blatantly wanting a cheaper entry or fearful to fully enter incase, but what if the SP continues the current uptrend while your left waiting and trying to scare people? Buy when there is value, any slight pullback will be short lived as we’re already undervalued and news can come from multi different directions at anytime

Il take the revolving credit facility or the major news landing first considering yesterday multi year contract, revenues for all ships since July 31 and the 9 before Christmas.

With a defence contract due
2 potential new builds within q4
The navantia formal JV
How long do you think it will take for the MOD contracts to land while the timeline is being pushed?
Any of the other advanced wind tenders that are looking to use all 4 yards Going Into 2022, contract before Christmas IMO - regardless of when there definatly coming.
or any of the 22 ship building tenders
And lastly island Magee funding

As I said, I called the bottom at 18p, have a heavy holding and 20k more to add over time - not if but when Harland will multi x as they have finished reactivation and are filling their 7bn+ Waited 2bn+ unwaited backlog - 500mil per annum at 80% capacity on the ship side while the country is starting a shipbuilding reconnaissance.

Uncertainty on wether their will be a placing or not - all those who keep trying to spread fear about it are waiting and while they are we’re 60% up since I called the bottom ( find that post winkers lol )

What comes first major news or a placing? Or do we get a revolving credit facility, the most likely option - I have £40k already in and 20 on the ready for either or - in the bigger picture Harland is only moving one way.

Also 3trillion in cryptos has smashed the volume of the Juniors - and creates easy buying opportunities for those with months patience instead of traders looking for fast gains.

I tipped emh after the CEZ deal as a ten bagger from 10p - it always was going to do it but just needed time and did - I feel the exact same as Harland and Wolff - not if but when and I have plenty of time

Excellent to see loose goose - with the ministers comments regarding Ireland’s gas/hydrogen storage capacity and knowing we’re already in funding discussions makes the wait for funding interesting and exciting ( the SP was 154p in 2019 when we was about to conclude funding ) and now we have the ship and wind turbine sides of the business after reactivation in q3/4 2019 and the majority of 2020.

Harland and Wolff currently 32million Mcap

4 separate ways to multi x

Currently in 380-450million funding discussions that will be the solution to the current gas crisis, and produce 75mil per annum revenues for 60 years and provide the security the country needs - https://www.irishexaminer.com/business/economy/arid-40739919.html

24bn budget for the 15 MOD tenders were in ( We have to receive some soon as the government has promised for the majority to be built in the UK and already some is looking to constructed outside of the UK, as all dockyards combined will struggle meet the total requirement - one tender we know were in for is valued at 1.5bn ) Boris has mentioned appledore and arnish will contribute in the British shipbuilding reconnaissance.

Advanced negotions for wind turbine contracts valued from 30-200million - 380mil budget for wind turbine from UK government - 151bn Ireland climate action review budget with a large portion for wind turbines - 15bn scotish wind turbine budget - also the formal navantia JV is to be concluded “shortly” while together bidding for large renewable contracts.

22 shipbuilding tenders - 2 will be announced in this quarter

Gas hydrogen funding is 12x+ the current mcap - https://twitter.com/Hydrogen_NI/status/1455083071305306119?s=20 - what else could he be referring to other than Island Magee?

All shipbuilding tenders will be valued the Mcap or more

All MOD tenders will be multiples of the Mcap

All wind turbine contracts will be the mcap or multiples of

Yesterday's 431 ship repairs for the Royal national lifeboat institute brings multiyear annul revenues - it also supports a revolving credit facility Harland is currently in discussions for.

9 ships to visit before Christmas and many visited after July 31s

Firsf defence contract overdue ( JW in the last interview said the first defence contract will be in a few weeks ) we’re 12 days out post the UK budget review

On the newbuild side, the Company is currently tendering for six newbuilds in the ferry market, two of which are due to be awarded in Q4 2021 and the remaining in 2022. All these projects will be multi-year and could utilise both the Belfast and Appledore yards in tandem, should the Company be successful in winning one or more of these tenders. - one must be referring to the Scillonian 4 or which their is only one other competitor

Fantastic to see island Magee topsoil being stripped - as it’s a strategic investment for the country I’m excited to see who funds it. Important to remember funding is currently 12x+ the current Mcap

Great to see the company is also progressing with a revolving credit facility, supported by the multi year revenues from yesterday 431 ship repairs and maintenance.

I’m curious also about the wording used in regards to the wind turbine contracts being negotiated - clients who are looking at booking all four yards, is quite specific and when mentioned it will be key growth market for the whole group GOING INTO 2022 - it will be interesting to see what follows COP26 and the Ireland climate action plan on the wind turbine side of things.

The rns also mentioned the MOD and wind side of things are progressing a lot faster than originally anticipated - just a matter of time before the MOD tenders, shipbuilding tenders and wind turbine contracts start coming in that will all be worth more than the Mcap

The FID for gas has nothing to do with the shipbuilding, wind or MOD tenders and will have no affect on their timing.

Why would it?

The renewables sector is growing quickly. The Company is involved in SEVERAL negotiations with clients who are looking at booking fabrication capacity across ALL the Company's yards. The contracts being negotiated are complex and multi-year, with values ranging from approximately £30 million to £200 million. Project developers have now become conscious of the lack of fabrication capacity across the UK and are making efforts to book capacity in order to meet their local content requirements. The Company expects this market to be a key growth market for the whole Group GOING INTO 2022 and beyond.

22 shipbuilding contracts in tender

15 MOD contracts in tender

Already in Final investment decision FID already in discussions

News rich period to follow - poised to value multiples of the current mcap going forward on 4 different fronts

· Company's first major fabrication contract signed in April 2021; fabrication of eight wind turbine generator jackets for the NNG project in Scotland signed with Saipem UK Limited for a total value of £26.50 million; fabrication has commenced at pace, with a significant contribution expected in the second half of 2021.

As announced previously, the Company is not taking any materials related risk; all the materials are supplied by the client and, therefore, the Company has no price and supply chain exposure especially with regard to the steel needed for this project given the recent steep increase in steel prices.

Currently mcap is less than the last 3 contracts not including today’s multi year contract. DYOR

https:// t.me / joinchat / iIDzDn8A87RmYjE8

As part of the FEED studies, a “P90” cost estimate has been undertaken for delivering the Project determined by probabilistic analysis.  P90 values are established to provide a high level of confidence (90% confident) such that the Project outturn cost will have a 90% chance to be below this estimate and a 10% chance above.
The P90 estimate is consistent with the economic modelling undertaken on the Project and therefore InfraStrata proceeds into the next phase of development with a high level of confidence from a technical, cost and economic basis.
The economic modelling undertaken was on a range of cost estimates of £100m – £120m for delivering Phase 1 (2 caverns) and £300m – £330m for Phase 2 (adding an additional 6 caverns, resulting in a total of 8 Caverns).
The combined FEED studies have delivered P90 cost estimates of £114m for Phase 1 and £265m for Phase 2, with an additional risk allowance for a total of £11.6m for both phases. 

Buried under comments from those wanting a cheaper entry.

Today’s ML unlocks 380mil minimum funding and island Magee will generate 60-75 ( at previous gas prices ) annul revenues for 60 years - the SP was 154p in 2019 when we was about to conclude funding before ML issues - we are in funding discussions again now.

Today’s news also brings multi year annul revenues for the 431 ship repairs and maintenance

While in 15 MOD contracts currently in tender ( I wonder why in the last interview JW said the first MOD contract will be announced in a few weeks…)

The wind turbine contracts in tender ranging from 30-200mil - planning to utilise all four yards ( big clue when the rns stated Going Into 2022 )

The 22 shipbuilding tenders

And the 7bn+ waited backlog that will keep being filled.

Today pieces of news are some of many we will receive this side of Christmas - Harland is “at the beginning of its growth curve” in JWs words and poised for contracts multiples of the Mcap going forward

The market is still to work out what’s happening here, but those well researched will know 32mil is tiny for a company with 500mil per annum at 80% capacity and that bag log will continue to be filled going forward.

Only 1 other competitor for the queen elizabeth carriers which we are ready and capable now, and the Sicilian 4 which the 200-250million contract will be announced in Q4 ( if we win it, if not we have 21 others )

Material facts

In 2019 InfraStrata was about to conclude full funding for island Magee with VITOL until ML issues - today we’re in funding discussions 12x the current mcap and island Magee will bring annual revenues 2x higher than the current Mcap for 60 years

Today’s ship repair news brings multi year revenues

Now in 15 MOD tenders for contracts multiples of the current mcap that will start to be received going forward

We already know one of them is valued at the 1.5bn

One other competitor for the Queen Elizabeth carriers

22 shipbuilding tenders of which the Sicilian decision is between us an one other and is due ( 200mil+ building ) along with another in q4 this year

The wind turbine tenders valued at 30-200mil outside of the Ireland action review budget,the UK governments 380mil budget and other potential clients like Sapiam ( the last rns stated a addition is due to the first 26.5mil contact already received )

Strong hint that we’re be receiving a large wind contract before Christmas

A lot of comments here are clearly to try get a cheaper entry

+ island Magee and Harland infrastructure

32mil is tiny compared to we’re we’re be going forward

Added £15k more at 26.44 and will keep adding

7bn+ backlog will keep being filled - news rich period to continue

https://seanews.co.uk/shipping/exclusive-interview-with-john-wood-ceo-of-infrastrata/

Same with our CEO for new holders here that don’t already know.

Have a lovely weekend everyone

The combined offering of H&W's physical capacity and capability as well as Navantia's deep expertise within defence related ship-building has been very warmly welcomed by the MoD, as they seek to encourage new entrants into this market in order to provide greater competition and enable value for money for the UK taxpayer. As widely reported, the HMS Quorn (M55 Minehunter) is currently in a competitive tendering process for a mid-life upgrade, and the Harland & Wolff-Navantia consortium is bidding to win this contract with the outcome expected in Q1 2022. The Company has also submitted its bid to welcome the Queen Elizabeth Class Carriers (QEC) to our Belfast facility. This contract will be over a 10-year period commencing 2023. The Company believes that it is in a good position given its dock size, capacity and capabilities to service these vessels. Harland & Wolff (Belfast) is the only facility in the UK that undertakes these types of refits and maintenance on a daily basis for commercial vessels of this size. The award for this contract is expected to be announced in the next few months with Harland & Wolff and another competitor yard in the fray.

One other competing for the Queen Elizabeth carrier - https://www.linkedin.com/posts/harlandwolffplc_qec-readiness-activity-6861343961823481856-IasU