Member Info for Xenor

We didn't have the capacity for FSS when we won the contract. Point being, capacity increases to match the workload.

That said, it depends how fast they want it built. I'm not sure we could ramp up enough to begin in 2025.

Three months was my initial guess from the December RNS and I'm sticking with that. Can't see it taking more than three months to arrange the loan. So I think we'll see it by the end of March.

People who sold will always comment if they think their comments might convince people to sell and help their lower entry price.

Disappointed that I missed the 13.0p low this morning. Currently on holiday in Guatemala so the markets open at 2am here. Will keep watching.

If you watch the trades closely you see this kind of thing most days. Just traders buying expecting a quick 5% and then realising it won't be quick enough for them.

This was 10p recently, absolute turd show. Should have sold then with small profit. I wonder how long until we see that level again.

This is approaching what I consider buy territory but after watching that today I wouldn't rule out 12s, so therefore I'm holding off.

NoFear you never seem to learn with this one. It's like an ex that you just won't let go of, meanwhile she/he keeps sleeping with other people and telling you about it.

Maybe I should rephrase what I said as I do believe it will see the 20s again at some point if the new guy succeeds in his turn around. It will just be a long road ahead. I'm thinking more short term currently. I don't see 20p from the upcoming bounce, and probably not in the next 6 months either.

Indeed RogueRiver. A lot of my failed investments over the past few years have one thing in common. They all start out with this huge drop in share price that makes it look cheap. You buy in, price goes up a bit and you feel good so you add more. Then the price drops and keeps dropping below your first buy price. Then it becomes a question of breaking even rather than making any profits.

I have learned that these shares aren't cheap, they have dropped for a reason and that's their new value. With that said, this is due a bounce soon but those expecting to see 20s again are dreaming.

Their government is never happy.

Sorry meant 30p in the first sentence of my last post.

This is like the summer drop from 20p where it plummeted and then drifted even lower and only ever recovered back to the point of the initial plummet. I think it will continue drifting lower for another month or so before rallying back to 16p. That's the trade here. I want 20% out of it at least so I won't be considering a buy before low 13s.

I thought this would have bounced back from these lows by now. I guess only a take over is going to see this back into the teens at this point.

I looked at the criteria for UKEF Export Development Guarantee a year ago and concluded that we qualify on the M55 contract alone. We have also won several other export contracts since, including the huge Sea Rosw contract which again is enough to qualify us on our own. I would have sold my shares if I thought we may not qualify for the guarantee.

As per the parliament question, the money does not have strict usage terms. Those saying we need to pay the debt off in order to get a loan are simply spreading FUD. We wouldn't need 200m at that point. My bank doesn't make me pay my mortgage off before they allow me to remortgage.

The agenda here is clear. Keep spreading FUD to drive people to sell their shares at these lows, eventually close short. Seems to be working but I suspect their greediness will get the better of them and the finance will be announced before they close their shorts.

Yes it certainly makes sense that the second Villa Vie would also come here. Has to be multi millions in total value one would think. All towards that 200m target.

That's a fair point, but if we have several on the way this is going to add up to some nice amount.

Great news, but JW should really be posting things like this in RNS as most of the market aren't checking LinkedIn for HARL news.

Export contracts... M55, Sea Rose, Falklands potential contract.

For a share that was more than 200% up from that low not long prior then yes, 28% is not far from the low.