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I thought the funding would be sorted by now but it is coming. It will be a private fund. It will be at a premium to current price and it’s supportive to say the least. Crossing the i’s & dotting the t’s. Hold tight, not long now
Buy as many as you can. This will be over 1.2p tomorrow
Buy now! Good news coming.
Jimzi Is it not in his interest to get the sp as high as possible now?
Jimzi I’m intrigued to hear what you think will happen with the price action now. I think your analyses was very good with regard to the cln
Told you
what about if the cln is going next week?? tell us what happens then??
A certain someone now has to hoover up all the stock he can eat. This has been massively brought down. Now it’s going to get taken back up again. Watch it go to 1.5p by mid next week. CLN going and so this will be like a short squeeze Contracts coming. 3 of them. Well done if you held through this.
Correct I have been told in no uncertain terms that the cln facility is short term & obtained for proof of funds. And that firm contracts delivering revenue in H2 will possibly negate the need for ANY funding. There was not much dot joining to be done. The next contracts iron out lots of issues.
Tom Why don’t you phone the Company like I did ...
I’m a buyer here. Iampilgrim
Recovery. Yes. Too much pessimism here. Contracts worth 35m euros that will de delivered to the bottom line in H2 is what I’m hearing. Cln’s Will no longer be required. Nor will a placing.
This is not going to be at .63 to buy for very much longer at all. Appraisal drill on schedule, more assets coming, cash. Buy at the institutional backed placing price or v close to it and then just wait 6 weeks. Hey presto, you’ve doubled your money. It’s not hard. Iampilgrim
I agree with you they should have placed. It will be cancelled after first tranche in my honest opinion.
“I think the company has been fed rubbish by the introducer of this deal - the BoD are obviously naive or stupid or worse. I hope it does get cancelled and I bet they never thought the s/p would be destroyed like this” Couldn’t agree more, however i don’t think they are naive I just think short term they are not bothered. I think they only expect to have to forward sell once which is already done. And I think they now have some real urgency to get the new contract news out and cancel loan as like you said they did not expect the share price to be obliterated like this
THINK ABOUT IT! Firstly. When the next REAL contracts are announced the market will be able to see that eqt will be receiving revenue in H2. Not revenue over 2 years but multi millions over the next 6 months. Secondly. When this happens the cln’s will be cancelled and a new, proper facility will be put in place. Both will happen very soon. Within 10 days. Probably next week. Tom Quigley was brought in some 3 weeks ago. Think about it. If I’m right then the next (proper) contracts to land (next week) will be worth 30-50m euros on the bottom line by September. Do you really think they’ll carry on with cln’s???? Tom will be in a much better position next week to sort this whole thing out. I would imagine he has his ducks lined up already... All of the above is my honest opinion only. Iampilgrim
I’m looking at 1m now at .95 available. Still not many
at under 1p. Then L2 is showing 1.15
Looks as if this could be the case.
Yes, i am a buyer here. Spoken to my various contacts & brokers. I’m told there should be colossal news very soon. Colossal enough to overcome the loan that was needed to get the news that’s coming in the first place. This is what I am told. And I have therefore purchased a million shares. Iampilgrim