Member Info for balancedviewer

The sp is dropping because nothing will be happening for 6 to 7 months to produce. That is considering that the loan goes through, and Balcombe gets passed.

When something happens instead of all waffle, i will have a different view like most.

Bob, spot on, we're not all racehorses with blinkers on are we, catchphrase say what you see.

I think they always like to get the money back,but i hope it's not to our cost.

Mirasol. Yeh strange that, what could have possibly gone wrong.

head, I totally agree. I like the way George said nothings guaranteed, and iv'e left them to sort it between themselves to cover his a**e. Probably deciding who wants to take the most risk.

ress. I thought the highlight of the interview was when George hinted Bognor was a d**p, but smirked about Balcombe being more tedious. I hope the Balcombe councillors are more well informed than the ukog fiasco and pass the plans. If so then the battle of Balcombe will begin. We will see the sewer rats from Hs2 finding a new mission, and be seen swinging from the trees like the sound of music. Or possibly when the lorries arrive there will be a limping person with a stone in their shoe crossing the road very slowly. I hope this doesn't happen, but you can bet your bottom dollar it will.

Yes i know,but if our other assets are so fantastic,you would think he would borrow against them instead of going back and forth.

Mirasol. Even Malcy said the 12% was high,George was pondering how to reply to that remark.

Hi Ocelot, I know that the loan was for Saltfleetby as you have pointed out. My point is George knew he was looking at geothermal,and also would require extra cash for Balcombe and Lidsey in the future. If a larger loan facility was in place at the 10% rate he mentioned, we wouldn't be going cap in hand to shareholders to tide us over. I think all this faffing about was highly unnecessary.

Ocelot. Investor question 30 sept 3rd one down. Min ticket size $20m or above, these are the institutions George said he was negotiating with since March.Please read the answer to the question, he said it not me.

gkb. No i don't believe what he said, but the excuse was the institution involved will only lend minimum amounts. The £12m what we required wasn't enough for them to bother.

James. What is frustrating, is that the original loan company wanted to lend Angus £20m on better terms months ago. Angus at the time refused the amount offered, but now they are going back and forth between 2 lenders for the same amount. I'm sure they knew at the time it would be needed for all the new projects,but obviously it wouldn't be drawn down until necessary. If they accepted the offer,all the timelines wouldn't have been missed.

Andrew Marr wouldn't be so polite, he would put George through the ringer like the politicians.

Gall. The figures are impressive, but until we get a future RNS saying the landowners are on board they are irrelevant just yet.

Is it just like that,ooh Betty or Rodders this time next year wew be miwionaires.

James. Your post from 14.27 and your reply to headinthesand seems to contradict your views. Sorry, but i'm now confused of your views.

James/ According to the Angus energy transition heading they are relying on extra revenue from Lids and Bal for the expansion plans.Geothermal special note still requires permissions, i presume it's from the land owners. If they don't want to play ball that plan could be scuppered.

Jack. I'm glad you didn't loose any money. If the finance is agreed that would be welcome news,but it's all coining out for the next few months until production. All the projects mentioned are a long waiting game, and will require the patience of a saint. Any one wanting to make a serious return here will have to wait 2 to 3 years if all goes well. ATB with your future investments to make up for lost time.

nomlungu. I think a grilling is too nice, most will prefer cremated. Being invested here is like running for a bus and then it sets off for the next stop.