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NAV is all very well and should provide min SP however NPV is a true indication of SP. With DA we should be looking at 12-15p
The market does'nt often get it wrong my friend - if bond cannot be issued expect significant dilution - cautious times
Is this another AIM stock destined to go bust - I hope not and dont believe so but seen it happen at an alarming rate over past 12 months.
Where has all the money gone? I am LTH and been patient beyond believe but we were promised seismic and havent received anything? With the sale I tend to believe the seismic has come back nagative hence complete switch to Croatia
I agree. I can't help but feel that maybe Colin should of commissioned an EIA anyway because it was always likely ARSO would request one (based on experience). Had this been done all scenarios covered but it wasn't and find ourselves still open to further delays.
The past is the past - investing is all about the future prospects and they look good. Thank god Colin has the mindset of us forward looking individuals as opposed to those who hark on about past events and salaries!!! God Bless Our Colin!!!