I have an old navy clasp knife 'twice the size and with bakealite handle grips' along with my two issued knives 'one with spike one without' stupid way too short green and yellow lanyard only started getting issued to me around 88 we used a pistol or long 'arms length' string lanyard before then (I still use my original string lanyard)
Basic knife easy to use for holing wriggly tin and FRM, windlassing etc. can be attached to a lanyard while in use 'no dropping into a gap by accident'
Very useful for helping to undo awkward load straps on bridge pallets 'without cutting the webbing'
The spike useful when doing lots of work with cordage especially when stripping out
But maybe you needed to be a knocker a few years ago to really appreciate it