Just checked ZPHR, Oct 2020 placing 409m shares at .55p and now 6.76p with a MKT CAP of £88m and 1,291 issued shares. I say have faith in your investment, it's time to put up or shut up and look ahead.
RE: Transformation Closest in Years6 Dec 2021 11:32
Morning Yanis. Did you sell at 1.5p no, so the SP is irrelevant to you at present. Lets see what happens after xmas onwards, I'm interested in another 12 months and not every 12 mins it's pointless and not worth the stress GLA.
Our peers have 16 times more shares in issue with a mkt cap of 17m and still doing wildcat drills. Angus is a far safer bet and shareholders should EYE THE PRIZE AND NOT THE PRICE. The price is irrelevant unless you need the cash for xmas or are trading it. If you are 60k or 30k under water and not selling until in profit it's only a paper loss, your money is tied up just like bricks and mortar for a while.
My preference is to have more cash than not enough, If it's not all needed now it will come in handy later. Note the cash raise was for approx £800k, ask for more than you want in the first place is my motto.
RE: Will buy back in on next week.4 Dec 2021 14:45
I'm expecting a new CPR for Lidsey about the enhanced OIP using the new depth conversion technology. I think shareholders will be pleased by the results IMO.
RE: Will buy back in on next week.4 Dec 2021 10:58
Morning Yanis. I meant proof of funds for any extra environment commitments to get the permit which is due. GL seems to always have ongoing discussions with regulators to hopefully make the process run smoothly. Regards to the placing, as long as we get the gas out roughly on time and Lidsey starts producing the SP will take care of it's self.
RE: Will buy back in on next week.4 Dec 2021 09:03
At least the EA and OGA will be content with the extra resources, it may have been a condition before the EA permit is allowed. It also now looks like Lidsey's progressing and the extra income will help clear the debt even faster, keep your eyes on the prize and ignor the price!
Ech. SFY is going to transform Angus IMO no matter what the SP fluctuations and poster comments, it's just a matter of time. "FORTUNE FAVOURS THE BRAVE"
The fundermentals of SFY haven't changed, the equipment will arrive on site around the timescales as mentioned and the funding is in place to complete the job. The SP will slowly but surely rise back to around 1p before xmas IMO because the so called placing never materialised as a scare tactic.