The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
bp, i see your point & agree with over all governance but in order for increase in production they talk about drilling two more wells in the saltby field. yes it has been a little over a year of production making it the largest uk on shore gas producing asset that still may produce more. the experiance that the board now has in my mind makes for a more succure footing going forward. on the balance of your oppion to me it does not matter if the finance is achieved but may be a struggle to grow the company. interest rates of co**** are burden & should be considered as the company covers this by issuing shares.
BP, do you take into account that the terms of this dept are better than current? Given the dept will be larger now being backed by a tangable assit could lead to an enlarged company producing greater growth in profits or do you believe otherwise & why?
HITS, to be fare sinces then there have been forses from imports of LNG for europe that have scewed his forcasts. His forcast now is different. Forcast are not set in stone. Whether you take other veriables into account. If gas is not in short supply due to demand due to the weather for one instanse then forcast will change.
1. Currently we are seeking to refinance to get a better deal.
2. Reduction in running costs due to pipe line conection.
3. Postible bid for Angus.
4. Cold weather causing gas prices to rise.
& so on .
For what it is worth gas price currently up 8.56%.
https://www.bbc.co.uk/news/topics/cxwdwz5d8gxt
I find this an odd discusion about solar vortex. read up a little on the subject. I think you have picked up on a hollywood spin & hope it will stick with some.
With BP's comments I would agree to some extent. Although I believe that as we go forward the burden will be less. Angus is making enough money & will pay down it's dept. frustrated about having to wait until it does though.
Given this nothing is a done deal, the company has crossed many hurdels and is nearing a completion of its first step towards growth.
A day after tomorrow I will check. Then again we've had a wet summer, a warm spring & now a hot being to the autum. Maybe I ask Bill Murry & his Groundhog?
What would be more useful to me, would be next years forcast fundamentals being good, A new agreement on the loan facility, A divdend & a drive towards geothermal energy when they can afford it. Some of paying off our debts may show crediters that we can handle bigger loans being able to show a track record of payments over the year.
Maybe Helpful will be buying some more shares after some more work done by those with a sore head. Then again may be not. I don't understand why he bothers replying to the rhetoric that goes on from some posts.
Still could be a while as you know to have good RNS. any research that is done is welcome meanwhile.
Bemmocolli1, prehaps the price will get better. Then again people understand that this company has potential. Given supply train issues to & from the plant I suppect this SP will not do alot for a while. I'll keep a look in to buy at below 9p but this could go lower. Not much of a boost today from RNS.