RE: TIME FOR RISING UP1 Oct 2019 12:21
Note 11 of the Balcombe CLG meeting of 28/08 has now been explained:
"... The Lincolnshire gas field represents very good cash flow so they will not need to fund
raise".
They are currently sitting on approx £3.4m of cash and Saltfleetby should be cash flow positive from inception.
Unless, therefore, a new project requires additional cash, the prospect of another placing has receded, which should go quite some way to relieving the pressure on the share price.