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Yep, not interested in him either. I'm not even going to bother to read it, Jim is right this is AIM. It's better to do a proper assessment once we have the JIA and funding sorted to make some realistic valuations.
I bet he says, it could be nothing, it could be loads, or it could be in the middle or it could be any number of things.
Don’t take 10-20% as literal. I’m saying do you want small returns now or mega returns in the future?
Most people probably average around 0.8-1p and are looking to break even or make a few % without really considering where this will be in years to come.
The CEO did mention it you're right and nothing has been said since then, it's an interesting addition to what is going on already.
I think the short term people are annoyed with themselves for getting in for the quick LOI return and didn't really understand the project as a whole. Amusing really.
As I said before, put these shares in your SIPP and reap the rewards in year to come. 10-20% now or multiples in years to come? Easy choice really.
I would guess they are completely out and they were the sellers hitting every rise recently with the 1-2mil sells. We have seen loads and they have hampered any rise. Noticed it didn't happen today and yesterday the only sellers I know of were PIs.
Hope we can flow a bit easier from here as we enter a news rich period.
I try to be nice but something weird going on there.
Best thing to do at these prices is either average down or buy in low in my view. We have seen strong support at 0.6 and 0.65p range so it feels OK at this point.
You are right when you say 'appears to be overdue'.
See RNS extract below:
The Letter of Intent ("LOI") application was submitted in March 2020 to the Private Power and Infrastructure Board. Progress continues to be made within the relevant Ministerial departments and approval is still targeted in the current quarter ahead of the next Joint Coordination Committee meeting.
So we still have two months.