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Lynton and Barnstaple - Operations and Development

Discussion in 'Narrow Gauge Railways' started by 50044 Exeter, Dec 25, 2009.

  1. ghost

    ghost Part of the furniture

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    Not you again....

    Doom and gloom - are you never happy?

    Oh and by the way - the 3 year condition only refers to the start of the work - it doesn't have to be finished within that time. Maybe you should find out more before you jump to your negative conclusions.


    Keith
     
    Last edited: Jun 24, 2016
  2. Robin Moira White

    Robin Moira White Resident of Nat Pres

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    What an unpleasant e-mail.

    No heritage railway had a 'funding stream' until some hard-working folks got off their bottoms and created one....

    Not your style, I suppose?

    Robin
     
    Last edited: Jun 24, 2016
  3. Miff

    Miff Part of the furniture Friend

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    Leaving aside the funding issues the three year window is for commencement of the development, not completion or opening. 'Commencement' can mean very minor works anywhere within the development site.
     
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  4. simon

    simon Resident of Nat Pres

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    Is this post also available in English?
     
  5. paulhitch

    paulhitch Guest

    Unpleasant? Not really. It contains a message that might be unwelcome, that is all. All kinds of financial uncertainties are around now.

    PH
     
  6. TheEngineer

    TheEngineer Member

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    Just sayi
    just saying it as it is.
    A review of the planning portal sets out a,fairly structured "Start" of the works, digging a trench and putting some concrete in it does not constitute a,start.
    There are several controlling statements.

    Anyway The point was, you have no money, the current borrowing of the L&B operation is,circa 500 K according to those who have scrutinised your accounts, your looking at buying The old Station House for Circa 1.5 million pounds for which you may have interests amounting to maybe 1/4 of a million.
    You don't have the money to even start talking to EA, we have no plan to lease or peppercorn, and the Shareholders of EA rejected your share exchange deal, so Yes It's me again very negative but 100% pragmatic!!
    Like all the other stuff I did but you trashed.
    Get the Bogie back under the well trolley from wherever it is, or it will get costly for you.

    So forget your plan to operate a private railway to Whistlandpound from Blackmoor.
     
  7. Beckford

    Beckford Guest

    There are. But I don't quite get the point of a post like TheEngineers. Is it saying: "it ain't ever going to happen boys, give it up, pack your bags and go home"? To me, it looks like another case of just looking for problems, not answers. Now that is indeed unwelcome.
     
  8. johnofwessex

    johnofwessex Resident of Nat Pres

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    I find it hard to imagine that having got that far the L&B don't have the money or some idea of where it will come from.

    Having said that however clearly events have rather overtaken you - but that was something beyond your control
     
  9. TheEngineer

    TheEngineer Member

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    The L&B funding plan is ALL based on using public money.
    EU regeneration grants Lottery funding.
    I said earlier that the current operation at WB is running with something approaching 500 Thousand of Borrowing.
    When we built the Railway in 2002-5 we got to about 65k of borrowing with about the same in cash in the Trust, when it was handed over to the current Directors.
    Some of the Borrowing is,Bank and some private loans.
    Rowley Barton farm is bought 50% one individual and some block time shares.
    So the L&B don't own Rowley.
    The operation is land locked by Kidlington Lane Bridge and Rails land which EA had a major interest in something like 70 K EA and 30K L&B just for round numbers.
    Then there is,Fairview 400K and then the Bungalow at Parracombe halt, before you get to Louis Hunt and the missing embankment or bow string bridge.
    A road deviation of the A39 is likely to be circa 1 million.
    None of the Directors have this sort of cash to throw at it an most of those making all the noise have never put a penny in in fact one in.particular takes money out to the tune of 6K a year.

    So yes all very nice pretty plan but no there is no money.
    In fact shortly after we vacated and handed the operational railway over, we were investigated for theft of funds, because the new management could not work out how,we managed to build and open a railway, the police threw the case out.
    Remember self praise is no recomendation and all that glitters is not gold.
    We managed a very tight ship, with some very talented volunteers, their current borrowing is eight times what ours was.
    And they are talking in millions of pounds.
    Cloud cuckoo land.
     
  10. Small Prairie

    Small Prairie Part of the furniture

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    I want to know who "we" is that 'TheEngineern' is referring to. I do hope you're not making statements on behalf of an organisation unofficially

    Also whos to say things haven't turned around in the 11 years you say you were there last as a somebody?

    Theres always means of finding money, spme easier then other ways. Shares for the blackmoor gate station are probably low but its still early days.
     
  11. fergusmacg

    fergusmacg Resident of Nat Pres

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    We've seen this all before from "the engineer" best follow the simple 'don't feed the troll' route and ignore his sad postings.
     
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  12. Felix Holt

    Felix Holt Guest

    Yes, he really is a pathetic little nobody :eek:
     
  13. TheEngineer

    TheEngineer Member

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    Haaaaaaa haaaaaaa fools,and their money easily parted until they get bitten.
    So the project Lyn made a complete set of frames then scrapped them not fit for purpose, like the loco will be a bitch to drive and a hole in the ground to throw money in, to keep it maintained.
    Engineers actually know what they are doing, and they do specific things for specific reasons.
    A 2-4-2 Yankee is a bloody awful design, when in new original design, what you have done to the design has made it twice as bad..
    But hey Ho your experts, you have extracted all the money from the unknowing gifted, used it all and you have about 100k shortfall at present, to finish the white elephant.!!
    I told you so three years,ago.
    Wrong thing to build it was going to cost 350 K finished and what you upto so far?? 550k, you lot really are,amateurs, trying to build something you haven't the first idea about.
     
    Last edited: Jun 24, 2016
  14. paulhitch

    paulhitch Guest

    IMHO you would be best to issue a detailed rebuttal and leave the rest of us to make our minds up. Any excesses (by either "side") could be deal with by the moderators in the usual manner.

    PH
     
  15. lynbarn

    lynbarn Well-Known Member

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    I am very sad that the 762 group appears to be attacked in this way, the engineering and design people behind this project are very competent people and have a great deal of experience in this field, I don't think that there is another team that could do this for us and in the way it is being done. I can't wait to see it at Woody Bay to be honest.
     
  16. TheEngineer

    TheEngineer Member

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    We is not any of the people now attempting to operate the current L&B majorly the We component are Exmoor Associates who own the largest part of the L&B trackbed and some others who have gone off and retired from railway preservation.
    Problem is those trying to build an L&B now purposely made enemies of EA when we departed.
    So now there is what one might call an impass.
    In fact much worse than that, I despise these people because of the way they treat people they are just disgusting examples.

    But they will pay in the end for their bad morals.
    Haaaaaaa haha and,all the time I laugh at their foolishness.
    The Baldwin white elephant,massively over budget, scraped the frames not fit for purpose, you should have built it exactly to Baldwin spec and drawings, you really have to know your stuff when you start re-designing.
     
  17. Martin Perry

    Martin Perry Nat Pres stalwart Staff Member Moderator Friend

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    Please keep things friendly.
     
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  18. fergusmacg

    fergusmacg Resident of Nat Pres

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    See what I mean 'don't feed the troll'
     
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  19. Small Prairie

    Small Prairie Part of the furniture

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    Andrew Richards, why are you speaking on behalf of EA?
     
  20. Martin Perry

    Martin Perry Nat Pres stalwart Staff Member Moderator Friend

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    Some posts on this thread are getting close to breaking various forum rules, 1b for instance.

    Suggest that necks are wound in a little.
     
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