RE: Fantastic news on the way17 Mar 2024 12:22
Hepseal , not sure why you are attacking Chesh, it’s nice to see someone being positive about the stack rather than that idiot Sarah , I too also complained about her because her posts were intended to falsely attempt to put off any new investors , she said so herself … even calling herself their guardian angel, idiot! I remember the post you are on about , clearly it’s not a factual line , more an assumption, the fact this one line is being targeted and blown out of the water bafffles me. It’s very easy to assume , given the close ties to the Georgian government, that they want P3 off the ground as soon as , so you can easily assume they would be saying to Paul , come on , we need to go for the big guns. As per his presentation, P1 has given us the revenue to be able to get us this far without need for any dilution , unlike companies such as 88E who dish them out for fun. We haven’t had a raise for years, and no need to either, we are cash flow positive and it’s funding everything to date with a tidy profit. This will be confirmed in the annuals in a couple of months.
My point is , stop worrying about assumptions and concentrate on the facts …. 2.7B tcf gas …. Project 4 commencement… project 2 farm out , £140m expenses to reimburse (that’s 17p share on its own) a big player could easily offer us for the lot , I reckon between 17-40p for a quick sale , anyone with a sizeable chunk of shares could be set for life with that kind of a return