I am pleased to advise you that the total value of funds received for the share issue is £760,000. That's after 21 weeks from the Pete Waterman launch event.
While this represents good going, the rate of inflow of funds has slowed, as expected, as the share issue is no longer new news and our public have been focussed on summer holidays and events.
The big news was yesterday's delivery of the first batch of 56 rails from the newly renamed British Steel on Friday (formerly Tata). We've placed two further orders, each for the same amount, to be delivered in two weeks times and four weeks time respectively.
That will be enough to keep our Permanent Way gangs busy this autumn and allow them to extend the railhead to Peasebrook Farm Bridge.
Here are a couple of pictures from yesterday;
If you are now back from your summer holidays and have been considering investing in the share scheme then now would be a good time in order to keep momentum going!
GWSR PLC Finance Director