Member Info for avocet123

not even really sure why this was issued as an RNS. Its not price sensitive in my view. Anybody can sign a lease.

Torps is what is needed. We all know its getting built. We just need it to get built on our terms.

I wish the government wasn't in such a chaos so they could focus on more important things, like sxx funding. And dont worry Jesse, the EU will live on, with or without us.

I recon a lot of LTH would keep holding at 80p. Because if it went to 80p, that means we have secured St2 funding without dilution. And if thats the case, well then you have a 100% sure bet that it will keep rising, over the following years, to its projected 230p plus. Not in a straight line mind you. They never do.

Would have t agree moniman. I really like the way that intraday looks. Closing on a high is often a good omen for the next trading day in my experience. Of course exceptions proof the rule.
I think we will do alright in here though. Fundamentals win in the end, and despite many retailers suffering, PETS has low debt and is profitable. I dont understand why its dropped so low, but I took it as an opportunity.

Absolutely, definitely getting built. No doubt. But with how many shares in issue?

Very peculiar that this was left out.
However, working in construction myself, in my experience, one of the biggest drivers of cost is delays. But the company says its on time, means there have been no delays, and no unexpected additional works either, because that would have caused delay also.
If it isn't delay, you would struggle to think of anything which at this stage, would have blown the budget apart.

A couple more torps, which could land at any time would change everything. I would hold on.

Totally agree though. People saying st2 dilution doesn't bother them because they are looking years ahead dont seem to understand that dilution would massively delay any decent return on this share. And let's be honest, some of us have already spent a lot (a lot) of time here. Time we will wish we would have spent elsewhere if we get the **** diluted out of us again.

The company, or any company for that matter, is not likely to forecast a share issue to it's shareholders, as that would effectively peg the sp to a low level, thus lowering the issue price which would in turn make the dilution worse than if they had kept quiet. You see it all the time on aim. Company x release great news, the sp goes ballistic for a few hours, even a day maybe. At the height of the hype, boom, an rns announces that x billion new shares have just been issued to fund further progress bla bla bla.

all i am saying is, if dilution is to be prevented, we need to get move on with the torps, and everyday that passes without one being signed up, increases that chance. We want to sell 20m tons in a few years, and what we have signed up so far is considerable, a great achievement no doubt. But Chris needs to go further, and soon.

realistically stage 2 cannot contain any dilution. The amount we need to raise is just too much. It would decimate the share price, even if it was only a small proportion. Imagine if it were even just 1 billion raised by dilution. Probably at no more than 20p (again), how many shares would then be in circulation?

Well I think that the decision to drop amc for dmc shows a high level of decisiveness. There was an opportunity to benefit shareholders at the last minute and he did not hesitate to go for it. It also shows a high degree of flexibility. Other CEO's might have decided to stick with a lame horse on the basis that was too late to change or indicate insecurity in their supply chain. Stage 1 funding and the time it's taking for the torps, well, that's another story.

Hi taufour. I dont think, nor have I said that it has anything to do with the update, or lack of. The only relevance I can see it has is that ii's are increasing their bets on the sp going down. Rightly or wrongly. Neither can I comment on its accuracy. But, its the only gauge we have.

Must be stupid

Did gap up massively towards the end. Wonder why?

We didn't get one for some reason. Instead junk like ukog is up 30%

15p hahaha that's what was said last time before it crashed to sub 1p levels. Dont believe anything u read here.

Really low volume today huh? No ones buying, no ones selling. Looks like anyone who was going to take a position has done so and is just waiting now.

Maybe cf is waiting for the red royal mail van to arrive and see if there is any commitment letters in todays mail before pressing the update button haha