Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
I am always suspicious of ID's that were created years ago, have a very small handful of posts credited to them yet seem to be pretty well informed. Who are they really? What other ID's do they have?
Happens on almost every board.
Filthy, if that has been posted previously I either missed it (hopefully!) or have forgotten about it (worryingly!).
That is the first explicit mention I've seen of the Chinese mentioning O&G with TL. know where there's a gas field they can have, for about £5b!
Hunter, it isn't just here. There plenty of shares where footballificationis at play, where 2 shares in a particular sector have waring factions. Here, it is obviously KOD and PREM. It is ridiculous because there is no reason the success of one affects the other. The future for KOD is brilliant, there will be bumps in the road but we have a brilliant chance to succeed.
GLA.
This isn't a surprise. It is almost always the case that the anticipation of news has a greater impact than the news itself. I called this the other day and was called a clown for doing so. ;-)
This isn't dilution. If you were invested before the Hainan news dropped then you are in significant profit. If, like me, you bought in after that, you did so in the knowledge that the deal had been done at .49p per share and the future is rosey. That or you didn't do ANY research.
As I said earlier this week, the share price today doesn't matter unless you are looking to sell. If you are invested in the development of the mine and the production that follows, sit tight and relax.
GLA
Share the link buddy!
https://twitter.com/KodalMinerals/status/1724762557208990107
COB, Let's see. I would love it to go up 300% today but it won't. The money landing was known about, it is largely baked in. It's what happens next that matters and whether they his the deadlines they set themselves.
I hope you're right, I am a clown and everyone here is a millionaire before the day is out. However, chill out, you melt.
As I suggested yesterday, it's irrelevant in the short-term, unless you were looking for a quick exit.
The real fun and games comes in the build up to production and how smoothly that goes.
I also suggested the other day that I didn't expect the money landing to create too many waves. It seems I wasn't too wide of the mark but let's see what today brings.
Everyone loves a blue day so good luck all.
Not a bad day, all in all. Hopefully the market reaction happens properly tomorrow but to be honest, it doesn't matter what the SP is tomorrow. 6 months, 12 months, 18 months are where it counts. Sit back and relax folks
GLA
Ash, that £100m figure is very exciting. The more II's we have keeping an eye on us, the better!
If we follow up today's announcement with the 'funding has landed' RNS, it all starts to get very exciting! And there was me saying yesterday that I didn't want to let myself get carried away!
I think it's understandable that Sunrise has attracted the main TL focus because in theory it has a significant partner involved. However, Woodside seem to have other priorities (or a strategy to try force TL's arm into going to Oz!)
We should be treating this as an almighty opportunity. Get our Finance/Drilling partners agreed, drill Chudditch 2, prove what we are sat on and let the rest take care of itself. It seems so obvious to me but hey! Only a matter of time.....surely!
I was going to reply yesterday, Pass, but ran out of time! Whilst 2023 has been largely uneventful, the recent discussions that have taken place with China, Kuwait, Brunei etc and the resulting kick up the backside for Woodside are probably the most significant news I've seen in the 3 years or so I've been invested here.
We just need one or more of those to go beyond the discussion stage, now!
China seem most likely to me, if they can move Woodside out of the way!
GLA.
My personal view is that the funds landing shouldn't create too much of a ripple in of itself but I am never surprised by the effect of news on AIM stocks!
If the RNS is accompanied by news of immediate actions and good news on the resource front, then we SHOULD be laughing.
GLA
Eddie, we aren't directly tied to it but if Sunrise gets the green light tomorrow, what do you think will happen here?
It's TL government decisions that we need and whether or not they are made directly in relation to Chudditch matters not. Precident set!