RE: +15% on low volume13 Feb 2019 21:06
Hi CB58. Apologies. Have looked at the history of the company and its current situation. After the announcement of the JV in Jan it hit 69p, that spike took 40 minutes!!. When this gets Gov approval then we are back to at least 70p, perhaps higher, but I would expect a spike and then a return to a lower price of perhaps 45/50p, which should then steadily rise. If they announce a finance package at the same time I think it could easily go past £1. It is of course years away from producing electricity, but with permission to build and a finance package in writing, well who knows. Sitting on 600 million tons of coal!!!!! 10x 20x eventually. It really could be the share of 2019. AIMHO. GLA. DYOR.