RE: Calvalley deal26 Sep 2023 12:31
Goza172, if what you say is true then you'll know what i'm talking about. you've pretty much just proven my point in your post. i used to work for one of the world's largest o&g service firms, back in the day i was very much a minority. these projects do indeed take enormous capital and enormous amounts of time. that's my point. the company has no capital, has a weak negotitating position and has consistently missed deadlines for years. I'm sure FID on Phase 2 was talked about pre-2020. All this means existing SH have an enormous dilution ahead of them. The project may or more likely may not succeed, but this is not one of the world's super-majors you say you work with, they have no pockets, even shallow ones, and there's certainly nothing in those pockets.
KTF I see you avoided answering my challenge a few days back re 3 positive things out of the RNS last week.
GL is just like JP, he's a master of not stating the reality, instead dancing from one disappointing RNS to another avoiding answering any tricky questions along the way. Anyway, who cares about any of this, the fact is the sp discounts all this into a single data point, and right now that SP is just 0.15p off all time lows and 99p off it's all time high. Need I say more. KTF, I'd think twice before digging through people's past posting history, your's is beyond embarassing on this stock. For years you've been nothing but wrong, yet you have the front to yap from the sidelines day after day.