RE: Cheap Shares Gone?6 Dec 2021 14:12
BV
I am pretty confident before blank cheques for £700K were made the placement participants may wanted to have an understanding of equipment, plan ahead and risks.
£700K i.e. 10% of an AIM stock is a risk for placement participants too for sure.
So we expect a number of things dont we?
Environment Agency permit decision, a yes or no, as Planning Permissions are already in place
Further Equipment deliveries
Money in bank to contract out Civil Works as the £700K wasnt available prior
For me, keeping a watchful eye on Natural Gas prices. As Feb is 200p+ need March to remain above 90p (double base case) levels.
Angus Energy has haters, Locals, Longs burnt and Yanis is right, many traders here will be long gone by 2p.
Heck even by 1p theyll be gone.
I shall review in time.
Much to look forward to than back IMO.
EA Permit ABSOLUTE KEY and not a given!