I agree with that perspective.
The tests being conducted are the more expensive option, and the longer the timespan the more in depth and detailed the results will be.
You would cut losses and prevent any further expenditure on testing as soon as you found indicators that proved it was not viable.
GLA
Earl is right.
Another free ride here for me, taken substantial profit, and happy to see what comes from results.
Do not get ramped in to holding your investment. You should have taken stake and as much profit as possible.
I fear some of you have been ramped in to piling everything in and not selling. I hope not for your sake.
GLA.
As soon as that rubber stamp goes down in Lod, the RNS will appear. No doubt already in draft ready to go.
So keep patient and resist temptation with other shares doing well.
Any time now news will drop……
You cannot use 2023 trading data as a forecast.
What is needed is projected revenues and margins from the business for 2024.
The cash position will be used to pay creditors and exit TSP, we do not know those financials yet.
I am in the “transformative year” camp, but I do want to see the business secure robust contracts and provide full details of numbers.
What can be said is that the position of the business now compared to early October is already positively transformed.
So much misinformation being posted.
Just focus on fundamentals, and the reality is we do not have that many. However, the process of the company being in the edge of extinction to now is positive but we need TSP exit, confirmation of cash runway and then details of contracts )it may only be one) including longevity and numbers.
I maintain a view there is uplift here, that is why I keep a position, a completely derisked one.
Until there are sound fundamentals to formulate SP predictions, anything anybody states in terms of future price is pure speculation, and in some cases Hopium.
Keep it real, the business is where it is.
Good luck all.
There is definitely going to be uplift, if we receive the news expect ted.
It’s impossible to have any accurate price prediction u til we have some numbers, ie cash runway following creditors agreement, and details of a contract. People criticise Skid, but he has made this fact abundantly clear many times.
Enet is a much better place than it was a few months ago and confidence is increasing that 2024 will be a transformative year.
Be patient.