Taking forever to sort the future Government contract. What the hell is happening? Production, prices & demand are also in decline. Bad Debt of 9 million. What else can go wrong? No wonder the share price is sinking. Credibility here is an issue at this stage. Need to sort that Govt Agreement first and fast, and proceed from there. Hope more than optimism at this point.
Could this mean that the company is running low on funds and waiting for someone else to buy in around 4 or 5p like previous backers? That wouldn't be ideal for LTHs like me with purchases at double that. Any buyout is then likely to be at a low price too, so no early retirement package here. Just wondering, is that a possibility?
This share is a no-brainer investment. Reducing Debt, oil hedged, and oil price steady despite the doomsdayers. I have a lot of these at around these levels(average) and expect the value of same to double with dividends and price movement within 12 months. If I am wrong I am a clown.
It appears that ZAMA is on a long finger, based on the 9 a.m. call—problem with main operator's finances stalling it. All good otherwise. No word on BASF on call. Thought someone would bring it up but did not.
None of us are experts even if we claim to be particularly when it comes to financial markets. Predictions change by the minute & for the most part best to do your own research and even then one never knows what's happening in any company.
I am patient about 4 years now while share price continues downwards. Not sure if shareholders and the price of them worries directors of many companies once their remuneration is good. Company needs to stop the share price decline. Probably if mentioned A.I. somewhere it might double. That's the madness these days. Nothing else appears to matter.
I wonder why? Why not just walk away and say not making offer. Will the Government have much more skin in the game at a substantial cost to shareholders. Cannot understand why otherwise that outfit would reduce offer. Makes them look extremely foolish unless they have a very very good reason to explain to their own shareholders. Initial offer now appears reckless if you look at it from that perspective without a very very good reason.
I just googled Namada, and the price as of 12 June 2025 is $3.50. I'm not sure where you are getting these $27 and $37 figures(I wish you were right). You might know more than I, of course, which I hope is true.