RE: today12 Jan 2019 10:00
Nice post italian. I agree wholeheartedly re: the detrimental effect of this cancer to the BB who posts under 4+ names. Its utterly transparent and turns people like me away from the board where I can personally guarantee I would post more meaningful posts than him. albeit it less frequently.
The only place I disagree is that I didn't see Friday's RNS news as minor, I see it as very important. The only thing the derampers can grasp at the moment is no signed contracts thus far; but I think we all agree, once these start being signed, we are moving up very quickly. Two mentions from EQT of at least one £100m contract in the works, with this/these signed it could be goodbye to single digits.
Why is this RNS important then? Because EQT have proven to Cuart that we are worth that additional finance. Money of this level is not lent on off-chances and MOUs, it is lent on a calculated risk assessment on the ability to be repaid. EQT have shown evidence strong enough to not only get the initial loan but to then improve on it drastically further down the line. Therefor Cuart have seen a lot more information than we have been party to, and liked it so much they have increased their finance behind it.
Given that the amendment was agreed on 3rd October, I can't see the first contracts being very far away.