RE: How confident LOI then Funding3 Mar 2020 14:22
I'd say that's fanciful. The LOI does have a recognised 15 day timeline and we are approaching that date (c4/5/6 March). The funding RNS is more random without any tangible timescale.
I'm not normally one for over-hyping a project (done too much cash over 11 years on here to be so!), but this one really does have the makings of something very significant to both us retails PIs and more obviously, to the Pakistani nation.
Casper, in fairness to Naheed Memom, she was most forthright when she spoke at length last week - far more than i'd ever imagined she would be able to examine without an RNS. Much of what you suggest, she has already highlighted during the interview. It's simply a matter of when now - not if. GLA.
That could easily be HH buying on the open market and the buy worked over several days. If so, we may see a quick hike in the SP tomorrow. Obviously, the opposite is also true, but imv, not as likely.
The Shanghai Electric, a Chinese company, will invest $4 billion at Thar Coal block one and will establish two more power plants of 1320 megawatts of electricity there.
She exudes calm assurance, knows exactly where this is going and wasn't at all afraid to answer questions that were bordering on market sensitive! Loved it.
If you were to ignore the SP for a moment and ask yourself one question - Has the fundamental reason I bought changed since my original purchase? What would your answer be?
Mine is yes it has it has, but for the better. The newsflow has been confrontational and I anticipate more to follow via official RNS. Sit on your hands.