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BV, the six blocks of 500,000 and block of 1,553,396 shares showing as buys were my sells, so no faith in the company there. I suspect many of the other transactions showing as buys were also sells.
I will be offloading the remainder of my shares in the next few days. Enough is enough for me. I will be transferring these funds into the upcoming crypto bull run.
BV - "Hey BP what's the percentage gain from the low .4's to .6 "
So balancedviewer is in profit??
You must have bought millions in the low 0.4's if we are to believe your previously claimed average.
Do tell BV, what day were you hoovering up all these shares in the low 0.4' s?
Jamesthesecond today - "Doom and gloom prophets are out in force blaming the lack of clarity on financing which is being sorted at good speed"
Jamesthesecond TWO days ago - "The SP downfall is solely caused by the pathetic BOD who seem to be in cahoots with the lenders to steal the company asset."
Pathetic.
The commissioning of the permanent flow line has been put back to early Oct. It would have been nice to have an explanation for the delay.
Nothing new to report on the re-financing, but investor Q&A's isn't the forum for that anyway.
The coming weeks are going to be a time of growing nervousness for investors.
Our MCAP is roughly equal to our debts, which is not a good position.
However, revenue is good, opex should be reduced with the permanent pipework (it's a pity the company couldn't give us a better figure than "less than 800k per month" in the last Q&A, which many will translate as somewhere around 799k per month).
As long we can get a non- crippling refinance package agreed things should improve in line with reducing hedge commitments.