RE: Thinking about it7 Jul 2019 11:31
John most companies on AIM keep raising to further develop the company be it working capital, debt servicing or refinancing, acquiring new businesses or projects etc... but my point is in our case at this point in time... we see coal and loads of it ... production and cash flow ... this looks like the final push / stage to adding value to the business and hence shareholder to be rewarded in terms of higher share price. For me this looks normal. Finally those shareholders who have financed edl at its early stages paying many multiples of current share price to finally be rewarded. All is good but it only depends on your perceptions. ATB