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Once the skittishness settles, Europe must realise they can’t suck on the Russian gas teat forever.
If recent events don’t increase funding in this sector, I would be very surprised. Great day to pick up renewables focussed on gas production, imv.
Good RNS
Next one should confirm the commencement of loose ore removal for classification, and expected lead times.
Just need confirmation of the relaxation of Covid rules in RSK.
The management team didn’t deliver, action was taken. There is now a clear strategy, and with an active user base of cica 130k, the flow of money through required immediate improvements, and improved efficiencies.
Sit back and watch it delivered, while your capital grows.
There is only around 10 to 15% floating volume, so this will move, especially if the books confirm revenue growth from .45 to 1.5m, if so then jr saying the revenue from last year will be done by Feb/March, would begin to be believable.
They are a bit further down the road, the open banking sysytem they are running will allow MODE card to either use your balance held in MODE or link to your own account, while earning cashback at all retailers.
Its a no brainer
My thoughts are the consolidation is a precursor to the SGS announcement in February, concentrating price growth.
This should help grow Vela, through increased visibility on the AIM broker boards, raising Mcap in multiples rather than 100ths/1000ths of a penny.
Targeting 8.6 on reopening.
Which most of the moving parts are aligned, should be Q2 22.
Just my punt
Things are moving