RE: Mcap22 Feb 2023 15:30
We’d be close to that level if it were not for the Ks dumping IMO. You can see the free movement in SP over the last few days as it appears that they’re done/stopped.
The £77m investment is already worth 45p or so. And you have several years of guaranteed revenue likely to be over £100m a year - with a lot of FY22 being deferred to FY23.
Not to mention how well placed we are for further contracts which are under discussion and an up to £1bn backlog.
The only elephant in the room is the refinancing, once that is done I’d expect IIs to buy in to take it much further.
No need to get your knickers in a twist, it’s not an unreasonable prediction - call me out on it if it doesn’t happen
All IMO