Tony. I can’t believe that anyone bought in a 0.40 cent. I think it lasted 20 mins on 2 occasions and maybe was a MM Gimmick ? Unless anyone can confirm the individual Trades ? I haven’t been able to gleam that info. I thoroughly expected us 9p+ after that memorable evening.
NSF will want to return to a 4-6% Divi and so you could Factor this into any Long Term Recovery Strategy. The Infrastructure spend already taken should not give rise to any future Equity Raise beyond the one proposed. This forthcoming Raise should / almost certainly be Accretive. The Equity Raise will be devised to re grow the Loan Book / but Primarily get them back to a place where they can Service the ÂŁ285m Loan Facility due Mid 2023. For this to happen they need to improve their Key Performance Metrics and to do this they need to re build the Loan Book. I base all my Decisions on them hitting ÂŁ20m Profit Annually. Good luck. Get to 2023 and Service the Debt is what it is all about.
Brent now $67 (Near to the magical $68 Riyadh). WTI $63 !! IMO anything over $72 is my own personal Goal. Q / How do you make the people pay back the Value for their Furlough money ? A / You put price of Oil up. People fill up at the pumps and that Value evaporates back into the Exchequer’s coffers. Those who produce / Take their cut.
Tony. You know. I know. This one only going one way. I will say this here right now. IMO POO will Hold good for next 5/10yr for the Numerous Research Posts I have offered on this BB. We won’t make any money in North Sea sub $60 and the U.K. needs to maintain their Energy Security during this Transitional period. Q / How on this Earth are we going produce the Electricity required to fulfil the demand that’s coming. And 365 days a year? GLA.
I think you’ll find Tony I said “I know this won’t Open sub 7p on the morow” And it didn’t ! However I do wish to add to the Court at this time that I was disappointed we have not seen 9p. I am Stunned at this.
Tony my good friend. How was I wrong about ITE ? And please Quote me. You are good at doing that so shouldn’t be a problem for you. All banter to one side Tony / I do Value greatly your input on here. It needs Objectivity to bring balance. Please Note / any belief I have / I share as I offer honesty and too do have a untrusting eye over Events.
Theee Grand old Duke of York. He had 10000 men. And when they were up, they were up. And when they were down, they down. And when they were only half way up they were neither up nor down”. Sing aloud.
That 3p to 5p was attributed to No money the table. 5p is the Nominal. It cannot go below 5p now as Money to fix the Balance Sheet is ready. It may be in Alchemy’s interest to attract another Institution to join in to allow them to retain their Share at 29.95% and on condition that said Institution(s) raised at 8p to further protect Alchemy original Investment and to Start us off at a Higher base level. Otherwise / Alchemy just take this over. The End.