For Ruth19 Dec 2022 13:32
Angus taking out additional financing is a massive issue for you, hence the number of Extinction Rebellion and Just Stop Oil morons that are posting on this BB today. The ANGS financing means that the company are 100% financially covered for ALL possible outcomes.
Sure the SP has been hit hard today, but today is but ONE day.
The financing does not change the CPR, not does it put a stop to recoverability, in fact it guarantees that ANGS will be producing at SFB for a bloody long time. So go put that in your pipe and smoke it.
ANGS will soon enough be producing larger volumes of gas, it's barely 1 month to the newly specified dates, it matters not a jot, but I'm sure many here were hoping for a lovely pre-Xmas treat.
I'll stick with my 5p by Easter predictions, 10 scuffs / day will sort that, and the lovely thing with huge cash streams is that it gives the company all manner of options, one of those will be a share buy back another will be a divi. If GL does not deliver on the latter by the end of 2023 then I'd be v surprised.
I'm invested at at average of just over 0.85p, so it's all gravy right now, and I'm in no hurry to sell.
p.s. Enjoy the masses of cabbage and sprouts for Xmas and do your best not to vent too much methane into the atmosphere.