What we need now is for a major to take out both 88 and PANR and develop the whole area , would not cost them much compared to rewards especially if the gas is to be sold also. GLA
Hi Scot thx for your lengthy reply and can concur with all you say. I won’t go into all th replies but still think a mid day announcement would likely catch them out more. A 7am RNS gives them plenty of time to plan/ adjust their action plan , any uk investors with limits set in theory should be happy with their limits if reached. Each to their own opinion no problem.
If he sticks to his word/expectation they have 12 days to announce the game changing funding package , lets hope its an intra day announcement...er like today would be good , catch the shorters off guard.GLA
Whom in there right mind would even take up any new shares after consolidation unless there is a master plane to actually produce something. In my experience any consolidation will drive the value/price down even further without good news to accompany it. GLA hope a miracle is coming.
By way of finding the extra cash that was required gives me confidence that they know whats coming ,otherwise why risk the investment that they seemed to have struggled to get ?