Bradda Head Lithium exceeds targets, secures US$3 million royalty and moves closer to production. Watch the video here.
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Belfast and Appledore just mentioned for British Shipbuilding!!!
I have just founda copy of the statement on the No10 website what he said in relation to Belfast and Appledore is
'We shall use our extra defence spending to restore Britain’s position as the foremost naval power in Europe,
taking forward our plans for eight Type 26 and five Type 31 frigates,
and support ships to supply our carriers.
We are going to develop the next generation of warships,
including multi-role research vessels and Type 32 frigates.
And this will spur a renaissance of British shipbuilding across the UK
– in Glasgow and Rosyth, Belfast, Appledore and Birkenhead –
guaranteeing jobs and illuminating the benefits of the Union in the white light of the arc welder’s torch.
If there was one policy which strengthens the UK in every possible sense, it is building more ships for the Royal Navy.'
Does anyone know what the reference toBirkenhead relates to?
Birkenhead will be Cammell Laird
Or can use google. hoho :)
I understand everyone has different financial positions, But to sell now makes me wander they bothered investing at all.
I don't need google my wife knows everything (so she thinks) LOL
with the large warships required there are only two yards that can build them and Belfast is one of them.
Good point Tango.
It's going to be interesting to see if any news is released before the conclusion of the review early next year.
Be nice to think JW is in the loop, but I guess we may have to wait until all tenders are in and the review is finished.
Hopefully we get news on other fronts in the meantime.
Next year will be a doozy. imo
IMO- some contracts will be issued without tendering, like the £60m bab was offered to keep Appledore open.....
Amazing what prospects infra will have in shipbuilding
feels like the amount of positive coverage has finally had an impact on SP, all shipyard related ? Oh for positive news on the Marine License.. that would be a rocket launcher .. come on INFA !!!
Tango ,yes agree think we will see news fairly soon ,don't forget infra have already been interviewing for apprentiships /experienced tradesmen in APPLEDORE ,will probably get a recruitment day at H&W soon imho
I know this article is from a year ago but this is my bet as I have not found any info on whether this contract go filled elsewhere.
https://local.fo/talks-at-advanced-stage-to-build-new-fishing-boats-for-faroe-islands-at-appledore-shipyard/
Radders ,true now that would make this bounce imho
Si,good find ,crickey looks like they gonna be very busy indeed long term
Capdevilla ,indeed all good things comes to those who wait imho
The question is not if anymore but what comes first:-
Ship Building
Turbine building
Gas storage building
Multi Billion Pounds in contracts, under 30m mcap at the minute what will it be this time next year £300m-£800m?
Amazing asset value to come tango
It is not possible to develop an engineering company at exponential rates. Prove me wrong, provide several examples.
NigelHeamoglobin, agree. I have posted about this before and will remind again that we are dealing with the dichotomy of a start up that is 159 years old. The IMSL gas storage legacy is the start up and shipbuilding is 159 years old. It is an interesting company to try put a value on. This being said, even if we ignore IMSL in its entirety we only need about 3m free cash flow to justify the valuation. With the (dare I say it) probable large contracts coming in multiple sectors of the H&W portfolio I think we can all calculate that there is tremendous upside. IMO, there is market (valuation) confusion due to the dichotomy of the subsidiaries within the INFA group.
Exactly, and as soon as they stop the pretence that we stand a snowballs chance of ever getting the ML I will stay, mostly, out.
And if we do, I'm prepared to miss a few percent rise and sell the farm to go all in.
Of course, I would like this to succeed, for everyone holding, employed or otherwise connected.
Other than that I will remain a posative supporter and bide my time.
Hi Si, on your 17h38 post, I do believe we stand a snowballs chance of getting the ML. My point was merely that the speculation around IMSL and the ML is confusing for the overall valuation. If the 2 were separate it would be easier to understand. One would be a pure speculative punt and the other far less so.
More of a trichotomy! Anyway, the rate of business purchase is way too high without full paying partners.
Okay, i understand what you are saying.
But, for me, until the ML is decided I will stay where I am. Investemnt wise.
Cheers.
The extra money for the MOD will not only be for new builds but also refits, the docks are still empty, but sure they have something coming....