BROADWAY: THE LAST
MILE SHARE APPEAL – HUGELY POPULAR IN FIRST WEEK
It is one week since the launch of the share issue on 6th
April by our president, Pete Waterman.
At the end of the day on 13 April, one week later, our
railway has received £251,000 in share purchases – that’s 20% of what is needed
to complete the project and run steam trains once again into Broadway!
It is great to see in these share purchases many new
shareholders, many of our own volunteers coming forward to buy shares and many
purchases from all over the country not just our local area. It just shows the
affection in which our railway is held!
We have already placed orders for the civil engineering works
identified as necessary from Laverton as far north as Childswickham Road
bridge.
Shortly we will be placing our first order for rail with the
new British Steel Company at their Scunthorpe works. Rail is, as you know, the
largest element of the project funding and it is our intent to buy British
steel for a British Heritage railway and we are therefore watching the price
and availability closely.
We will naturally
feel more comfortable once we have sufficient funds in place to act quickly if
we see an advantageous price or delivery opportunity develop.
Our admin team are working flat out on processing share
requests so please be patient if you do not receive a rapid response.
Please keep the applications rolling in – 20% is a great
start in the first week but we have a long way to go yet!
Thanks for your support and I will keep you posted on
progress.
Alan Bielby
GWSR Chairman
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