RE: 1.4p plus19 Jan 2022 22:17
Croqman-SFB is on course to deliver and it will be outrageous and deceitful of the BOD if there were significant delays ,considering they have reiterated several time that there are no material delays. One expects to start posting weekly updates, as promised by them , and my guess is that they are waiting for EA/Linc council permissions to set the timeframe. there is plenty of gas and SFB is cash cow that everybody (6 so far) want.
SOU offer was low ball and quite pathetic . SOU has immense issues with its own debt obligations .
Angs has already had a placing and Paul selling may be to funds SFB share of increased costs. Paul may be interested in buying SFB for cash anyway . either way, Paul is almost out (maximum 5 million shares left) and consequently his sales will no longer be there to suppress the SP.
SFB, in its own right is worth £60 million less any debt if the CPR is to be believed. But don't be surprised that a cheap deal around £30 million NET to Angus is done with the entire BOD palms properly greased. Standard AIM BOD screw*** shareholders for their deep pockets. The SP is only going one way. UP. All the doubts being created around GAS is complete nonsense. Its happening. End of.