Member Info for keeptofacts

£2 is a stretch for sure.

20p is only a £370M market cap, which given the potential seems entirely possible medium term.

As always, sorry about typos. in a rush

I tend to think it will be sooner than that for proven fusion reactors.

However, just think how long it took for cars to replace horses for example.

to replace every fossil fuel burning car, truck, boiler .... will take generations in the UK, let alone less developed countries.

so, you have free limitless exlectrcity (the aim) it doesn't help the guy running a gas boiler in rural morocco etc.

the move to renewables is essential, but we will all be burning gas (and paying for it) for a long long time.

A good question, and I don't know the answer.

but I assume there would be some qualifying conditions to be met even if it was initially a sound request.

The move tp sets may be a good one

what makes you think it's one large holder and not people trading?

spacing not great.
bid is in pence
MarCap is in £Millions
shares in issue used 1849000000

bid MarCap
2 36.98
3 55.47
4 73.96
5 92.45
6 110.94
7 129.43
8 147.92
9 166.41
10 184.9
11 203.39
12 221.88
13 240.37
14 258.86
15 277.35
20 369.8
25 462.25
30 554.7

sets - does imply the company expect greater liquidity / higher volume of trades and consequently greater interest.

I suspect the modest rise so far is due to the fact the tax issue resolution was tucked inside the annual results. How many aim investors actually read those carefully?
irrespective the news IS significant and big rises will come.

Great interview with NO negatives.
it's all falling into place now.
it's been a long wait, but will I think be well worth it :)

Great news on the tax front today.
On it's own it removes a serious hurdle / negative, but suspect this will also have been a blocker / condition for a number of additional things. In particular the phase 2 financing and probably the farm in.
remove the tax liability then get approval form financing then farm in partner then drilling.
sound is looking very bright today.

Spencer, it's a tricky one to value (at least for me) at the minute.

you could look at Price / Earnings ratio once they are generating revenue, and perhaps future P/E ratio based on sales agreements in place.
However, this ignores the value of potential upside from exploration, which I believe is huge.
for me a cash generating company engaged in exploring additional prospective acreage for potentially huge discoveries is a very special opportunity.
whatever you do, think market cap, not price per share.
current market cap is a piddly £32 million. compare this to comparable companies and you should see this is very undervalued.
I would guess a market cap in the £200M + would not be unreasonable, which equates to 11p/share at the minute.
but there are a lot of moving parts here. on Aim sentiment is king. remember this went to a market cap of £800M or so from memory.

wolfe - why do you care how many I do or don't have.
why do you find it so hard to grasp that indeed I have been topping up since the 60s (can't remember the exact price and indeed it's none of your business).
I have just over 1m shares at an average of (from memory) around 1.4 or 1.5p
I have not sold any to date.
for those too thick to understand how this can happen, try a little example (not real, but an example).

buy 1000 shares at 65p - cost £650
buy 1000 shares at 6.5p - cost £65
buy 1000000 shares at .65 - cost £6500
total spend £7215
average price 1.38p

I repeat this is an example, not the reality, but even an idiot can see it IS possible to be in profit here having started buying at 65p

That's where you're wrong scarf. Even if this went to zero, whilst I wouldn't be happy, it wouldn't impact my life at all. I have invested what I can afford to lose.
Previously there was talk of people investing their entire pension and even selling houses to invest, utter madness.

it is in everyones interest for this to work out, baring a few disgruntled sound gamblers who bet too much in the JP era.
nothing is certain but death and tax, but I think this is about as close to certain as it can be.

it will get done and very soon in my view.

I also suspect that once in place we will get a wave of other news that has been waiting on this.
could be an exciting week next week.

as in days not weeks.
meeting rescheduled.
and they appear pretty confident. see below.

With Arranger Credit Committee consideration of the Financing re-scheduled,

We now await the conditioned financing offer which we expect shortly from the bank's committee. We look forward to providing further updates as the process moves forward.

selling over 4.6M at 08:21 for 1.7 presumably hoping for an sp drop.

will cost them an extra 7k to buy them back now

do you have ANY idea how a bank credit decision is made?
all the evidence needed (due diligence) is completed and presented to the credit committe at their regular (often monthly) meeting. This is where they deciude the case.not before.