Think you will find that they will have to pause drilling, as if there is an injunction they will have to wait for the outcome of the hearing
It is in their interests to issue, as this will delay things, and for a nominal cost of circa £25,000 they can get the drill delayed
Watch out for an RNS to this affect
It has no effect on UJO.
UJO is drilling onshore not offshore !!!
Wrong again... An injunction can be sort at any time, even during drilling, if there is a suitable reason for issuing an injunction, if the operator has not conformed to all the requirements outlined.. or if there are enviromental issues
Incorrect... on all fronts
It will take 24 hours to get an injunction, if succesful, the matter will then head to a trial, which would be many months away, thus stopping drilling until the outcome.
A judge would probably look favourably upon the injunction, because of the enviromental effects to the area
A rocky road ahead...
the question is... why now...
news of the date for drilling has been around for many months...
why do it now .. maybe to cause as much pain to BPC as possible
As stated earlier this week...
The silence is deafening... for a reason
SNG are not part of the UK Vaccine program
They need to go alone
going round the market that the company will be taken private at £4.40 per share
with Astra Zenenca's trial coming out with super results and no Placebo
a partnership agreement and bring much needed cash flow in to the company, with the vaccines that are out there, so much further ahead of SNG, then the sell is on the short side.
It is as simple as that
and we still have the AZN and J&J vaccines to hit the wires over the next week or so
The funds who invested in the placing got it wrong, just like most of you on here
Timing is crucial in these markets - unfortunatley timing was wrong
get emergency use for their vaccines, it really is over here for SNG
We all expect them to we given Emergency use within the next few weeks
Staying flat to short here.
Given authority to fly again
RR WHOOSH
£2m is no where near enough with the exploration due to take place
Even with Capstone
the way this is getting offered
Has to be another placing......
SIMPLE
Sell the stock, hold the warrants
Free carry
Lots to churn here
Dont try and beat them... join them
No brainer of a trade here
They are not in it for 10% !!!!
mmmm - that was before the MEGA VACCINE NEWS !!!
Too late to the game, overtaken by four of the big boys
Will keep a lid on SNG