No idea on the 5 weeks figure either. Seems to be as fast as EME collate info for permit. Only clue to timing is if EME release an RNS indicating well integrity pressure testing - this indicates that well stimulation will be within 30 days from this date.
If they are looking at acquisitions of up to $30m, how will they likely fund that - part dilution, part debt? Either way, doesn't this suggest the price might go down?
If they don't raise the funds by the deadline, the shares get suspended. But, are they still able to continue to try and raise the funds during suspension and, if so, what time limit is imposed?
Zero focus from the board on making somethign happen here. Not sure if the board keep getting taken for a ride when touting 'cash-rich' and prospective plays, but there is a distinct lack of specialist knowledge within the company to really push home a deal. I think GB and his cronies just happy to keep slicing £10k per month.
It should be, if what has been said about two years of research and innovation is correct, then I can the revenue jumping this year. WIth partnerships around the globe and 100's of applicaitons for their tech, I can only see this going one way. If they could just stop waving the plastic bag (old news) around at conferences/forums then they might gain some extra interst. Lots of hidden applications for this tech - they just need to peak peoples interest with applications that are novel. Also need to incentivise partners more - if turnover is circa £6m, then partners each doing sub £100k - should be able to ramp this up with suitable marketing support.
Hmmmm, wish I had got in earlier on this share. Fundamentals look very strong. As long as the news keeps flowing it should gain quickly from here. Huge potential with their product range, profitable company, self-funding .... amazing.