Oilman Jim1 Nov 2020 19:36
Oilman Jim's weekly column is always worth a glance - he starts of this weeks with the following paragraph. His use of the phrase "without constant access to new funds, most of these AIM companies are worthless" caught my eye.
"It’s troubled times with oil price plus US election uncertainties on the international front and Brexit realities now coming into mainstream focus in the UK. Personally, I would be cautious at present, particularly given the economic implications of COVID-19 countermeasures and the structural changes which may take place as a result, plus Britain is now uniquely disadvantaged, being the only country facing new trade barriers with its major export market on January 1. If the economy contracts further, as it most likely will, remember that without constant access to new funds, most of these AIM companies are worthless.'
https://**********************/2020/11/pvr-logp-char-igas-bor.html