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Nothing has changed for me, whichever way you look at it this is a much better bet than it was even a year ago....and our new 7% investor hasnt sold......I was happy to hold then and I am happy to hold now. ATB to all long term holders.
It will be interesting to see where this now goes, what surprises me is not the challenge...which must have been 100% expected ...but the timescale of up to two years, surely the board should have anticipated this.
Ahh altruism.....I feel the need to impart my wisdom to those I feel need it....even though they have not asked for it....lol. well I can reassure you that the vast majority on here have been here many many years, know the risks and are perfectly capable of making decisions and analysing the information for themselves.
Some of us have been here a long long time waiting for the board to make progress, a couple of years ago the prospects looked extremely unlikely, but, as I have said before, if they cannot get interest or funding now they never will.
I would imagine with the current potential for new oil and gas development having massively increased and Borders having successfully raised cash to remain solvent, the licence extension at least for a further 12 months would now be a formality