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13% spread rubbish, this afternoon I could buy at 0.79 and sell at 0.77.5
Anyone else fed up with chat about other miners on here
I am confident my 0.92 investment this week will double my money in the coming weeks
At these levels it’s well worth a punt, we could see 1.5p if the bonds are extended, which I believe they will.
Gas prices are also moving up into the Autumn/Winter
Bond holders will give another extension approval, that will push the share price again short term, long term we will see higher gas prices going into the autumn and winter 🥶
Current Market capital of just £8m
“Cash balance at 31 August 2023 of £14.5m, of which £7.3m is restricted”
They are already having meetings and setting out plans
https://committees.parliament.uk/event/19258/formal-meeting-oral-evidence-session/
The government will really start pushing UK battery production
https://www.gov.uk/government/calls-for-evidence/uk-battery-strategy
£2.5m raise, current market capital £700k what’s not to like at these prices well worth a punt in my opinion.
Looks like everyone with stop losses got mugged here yesterday, it was already way oversold, I wouldn’t be surprised if we see this over £1 today.
The drop has been way over done since May, 6 months ago it was £3.80, I managed another load today at 65p, just sit back and wait now for the recovery, profitable company paying a dividend, this should be trading at £1.65 plus
Arbk up 24% should be a good day tomorrow
And it gives time for gas prices to rise going into the autumn winter months, happy days
I doubt it Just loaded at 2.14 Gas prices will increase in the coming months, the waiver will be extended, the share price could easily double from here if it is extended.
From the RNS
“The Company expects that this waiver will be signed as soon as practicable.”
“The Directors do not believe that this is a likely outcome and anticipate that the waiver will provide the Company with a further period of stability.”
Just loaded at 2.14 Gas prices will increase in the coming months, the waiver will be extended, the share price could easily double from here if it is extended.
From the RNS
“The Company expects that this waiver will be signed as soon as practicable.”
“The Directors do not believe that this is a likely outcome and anticipate that the waiver will provide the Company with a further period of stability.”
It’s average trading range before the suspension was around £1,368.00, now I am not saying it’s going anywhere near that for the foreseeable future, but this is a good entry price, £5 by the end of the year isn’t out of the question
Hopefully they will continue with exploring a potential US listing, that should get things moving, we should get to the 70p to 80p range fairly quickly anyway, a Nasdaq listing should really give it some momentum.
The Directors bought shares at £1.60 in May after the drop, from the £2.60 range, before that it was £3.80, so the current price looks a good entry price to me.
Gas prices are predicted to be very high again going into to the early Autumn, we should see a steady rise here all the way into the winter, last couple of Rns’s have been positive, they are building revenue before the next move which is sensible, so onwards and upwards from here, anything from 10p to 20p should be achievable if gas prices start to pump again.
Long term hold now, gas prices will really pump this Autumn/winter, just hold tight, we should hit 30/40p this winter.