MichaelGoodwill1 Jun 2020 18:36
I have expressed my opinions not provided/offered any advice. You seem to be swimming with the bulls when the SP is rising and now with the bears on a disappointing day. Frankly, you need to switch your brain on and figure out for yourself the commercial reality.
1. why would one believe or even pay attention to the prophets of doom who are not invested here? Those prophets ,who claim to be invested, consider this company to be a scam (especially the BOD) yet they are still invested. Surely, the prophets of doom ,who are still invested here require their head to be thoroughly examined as no sane person will hand over his/her money to a con.
2. The only information that one should be considering is that published by the company . The gas project and Balcombe are real and progressing.
3. I found it very encouraging that the major shareholder (10%) invested further sums (£1.4 million) via a convertible loan. Surely they must have seen something tangible and lucrative to justify their investment when the share price was at all time lows.
4. The news flow is very positive. company adequately funded and subject to minor delays due to covid19 all matters are progressing very well.
5.Oil and gas prices ,presently are low. These prices will not remain static at current levels. there will be a lot of fluctuation. Besides, gas prices are always low in summer and higher in winter. One should be considering the average trend over the next 10 years and that will be along the lines of forecasts.
Finally, you should never buy or sell shares based upon opinions here. Use your research and make your own opinion.
I am ,personally , ready for a major top up at any weakening price. GLA
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