RE: SP29 Jan 2021 09:48
If you paid attention to the RNS and recent interviews you would no the patience is all of 2 weeks ish.
The date of finance given by those providing the finance not Art.
Atomic deal should be there or there after.
Personally expecting finance 11th receiving RNS after review by nomad morning of the 12th (Friday). With PIs and traders and the herd fighting to get in as they will not want to wait till Monday 15th to get in. RNS to land from 15th Monday - 17th Wednesday confirming Atomic Deal has been completed.
If this goes to plan I am expecting a RNS 22nd Feb, informing the market about contacts for gas for the miscible flooding and timeframes for increasing production with milestones etc........
This will then lead nicely into Art feeding into the market with regular updates as we hit those milestones and targeted output.
He seems confident that him and his team can way exceed those figures so expecting to see confident RNSs hyping up the fact that everything is better than expected from the miscible flooding and rates achieved are far better than first thought.
Art has very positive vibes, after watching (multiple times) his interviews and reading the emails & RNSs, flow rates at Atomic are conservative to say the least.
I maybe completely wrong but that is my constructive take and conclusion. GLA
Market still not believing that this is happening IMO, PIs still chasing rainbows else where looking to make fast cash.
IMO this is on a lot of radars, many are just making sure there is nothing negative that will effect the SP (overhang, delayed finance, Nigerian licensing delays (already priced in imo), further dilution (part of confirmed finance)) purely and simply following past sentiment rather than current sentiment.
My take is this is game changing and PIs currently positioned that can hold will see life changing money once everything is delivered.