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Surely there’d be an RNS if this dog finally died?
Nothing on AJ Bell.
This is showing as tradable in my II account, 240k traded today!! Any one else
Even ICON managed to come back quicker, what on earth is happening here?
No idea what these directors are doing or have done other than collect salary and deplete cash in the bank.
What happened? Are we finished and bust?
Pick a day in the future and add 365 more :)
I am not entirely sure what the directors are doing. RTO is not looking great (exclusivity expired) and we don't appear to have had any reportable offer for Coos Bay despite wholesale gas prices being at astronomical levels in the last 12 months.
"P*ss up in a brewery" comes to mind!
WHEN CAN I SEE MY MONEY AGAIN WITH THIS ONE?
Long wait. Still swimmimg.
Absolute Shambles ……
Another holding RNS this morning...nothing new to say. Still looking at RTO but exclusivity lapsed and still trying to renew Coors Bay leases...
So , 2 years to get nowhere at all . Impressive .
We are over the 2 year mark in suspension and no one seems to know anything. Not even a hint of a response following the TW accusations made in October!
What has happened to the PET RTO? (Exclusivity appears to have ended with no follow up comms)
Coos Bay must surely be worth something to someone given current gas prices! I am somewhat surprised that we haven't even had a cheeky bid (we only need £1m to see us over the MCAP at the point we were suspended).
That's a little concerning. Lots of garbage fired about by TW but I dont like the idea that something underhand has been going on while shareholders have been locked in.
See he's digging his knife into us now...
didn't the exclusivity period end 30th September??
What Has Scotty Done With It …..
who’s The Next Sucker To Get A Once In A Life Time “Exclusivity Deal “
Slightly struggling with the messaging in that last RNS. Before, we had gas assets near premium markets near infrastructure with tens of millions of historic spend. Now, we're a bit far away and upset about an LNG project?
I have a sinking feeling we are going to get another extension. The lack of action from the BoD is a little embarrassing considering investors have been locked in for 2 years with very little comms and zero reward. Surely there must be something worth reporting!
Come On Scotty ….Folk Are Waiting … For You’re Next …
BS ..Story …
The positive here is that natural gas prices are up significantly and given Coos Bay location, it trades at a local up to +50% premium to Henry Hub according to CZNs website. I expect HH to go over $10 sharpish so Coos Bay gas could conceivably be $15 soon. Then you have a far more supportive political environment for natural gas projects. We are waiting for news on PETs readiness to deal and RTO with CZN though we are also waiting for CZN itself to announce a sale or farmout, which management indicated would in Q4. Nowt to stop CZN announcing a deal on Coos Bay.
thanks .
One of my better performing shares though aslong as something good happens.
Exclusivity with PET expires at the end of September. You would hope they have progressed with the due diligence by then to get the RTO finalised, however, they could also extend the exclusivity arrangement.... again!
Fingers crossed they can get this tied up soon. 2 years in suspension is a bit of a joke!
Is this still happening or not i have lost track . Anyone got any info ?
surged again. according to czn, coos bay gas trades at premium to this. would like to see a farmout unless sale is equally attractive.