..... excluding nhawan's usual guff, this board is a pleasure to read these days. Well informed research from genuine posters that inform the rest of us of the potential of this share. Many thanks. Plus, the use of the filter has increased my enjoyment even more. Have a good weekend. This share has always been played with but if you are in for the end game, this share will pay off your mortgage.
Old news about the loan extension..... Pop us some live trades up, just to show us what we are missing.(not after the event stuff)
Frustrating for holders but nice for traders. I can see this being taken down sub 90p once the loan is extended to March or even later next year.
Has got to be the most f...ing frustrating share around!
I dont look near this share to often but just read back at last Januarys rns's which talks about an extension of an unsecured loan. Has this been discussed on this board recently or is it something we need to be aware of. Adrian 30th January 2013 Xcite Energy Limited ("Xcite Energy" or the "Company") Extension to Maturity Date of Unsecured 14% Loan Notes Xcite Energy has extended the maturity date of the Unsecured 14% Loan Notes (the "Loan Notes") issued to a fund managed by West Face Capital Inc. ("West Face"). The maturity date of the Loan Notes, the terms of which were announced on 10 April 2012 and 8 August 2012, has been extended for a period of 275 days to 31 December 2013 which, subject to the approval of West Face, may be further extended for an additional 90 days to 31 March 2014.
Probably means they have a nit picker at work on XEL jv, the time this is taking. Maybe they are after the XEL pre ordered gensets..
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