RE: A fraction off of16 Jan 2019 11:44
The company clearly doesn't think in the same way as its private investors, especially regarding the day-to-day condition of the SP. Previously they would have needed to steady the market, but with a revenue stream they can concentrate on their ultimate goal, which I hope is the RCPP. As they expand, and with the loan they will not need to come back to the market to raise funds in the foreseeable future.
The company's credibility has been hammered almost purely by their lack of communications. They have never put out a 'bad' RNS, so imo even if they had the SP couldn't be in a worse position than it is now. Unfortunately with AIM it's easy to force the price down, and only buying pressure will put it up.
Ultimately the decline is due to that total lack of regular communications, and for some strange unapparent reason while not forgetting what has been put into this project, the bod seem unmoved by absolutely anything.
Having said that, good figures will no doubt put us up some, or a good Tender outcome will release the locked-in to make unfettered future decisions.
Figures need asap, a positive Tender outcome is still paramount imo