RE: Take your marks23 Mar 2023 08:44
Assuming full production levels reached by 1st May, I expect MV to be between £138-150 million on constant gas prices of today with all warrants exercised(4 billion shares in issue)= 3.45 pence to 3.75 pence per share.
We should be developing assets like Balcombe/Brockham and selling them at best price to be cash rich /pay down debt or dividends.
Once legacy assets are fully managed ,only then we should look for acquisitions/expansion whether that is geo-thermal or something else. The BOD must concentrate on regaining its credibility. There have been heavy servings of porkies and delays, cost over runs due to sheer incompetence. Get a firm control and tidy up all affairs before embarking upon anything.