UD2 Gas results next...7 Jun 2018 08:27
Great confidence shown here from the board. This RNS is undoubtedly excellent news for shareholders. The YA issue finally cleared up with a confident monthly payment plan going forward involving a minimal, token dilution of c.40k worth of shares. A great solution for all concerned. The board wouldn't be committing to pay 265k/month if they weren't confident of a significant income. This is a monthly cash payment, not dilution, not conversion. However, a caveat is in there to pay off the lump sum in full without penalty which is the more likely scenario IMO. The market makers will see this as a very positive indicator and the road is now clear for the release of UD2 gas results. Strong buy/Hold for me now here. This RNS should be a confidence boost to shareholders that good results are coming, strong buy/hold here from me. Great to see. Onwards and upwards. :)