Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
...so jackpack, if you're correct, Aminex/ARA will have to put their hands in their pockets and construct a drill pad and get a drill rig etc on site before the pipeline is built.
Long way to go on this one. Bit premature to be talking about offsetting past losses against future profits !
Let me know when the development licence is signed.
I thought you were on holiday one-trick ? I do hope the tent didn't leak last night and you've come home early.
I have a much better idea. Stop your constant sniping and whingeing and YOU put your money where your mouth is.
As you're convinced the future is rosy, why not put every last penny into Aminex ? Mortgage the house if you have to, and persuade your mates in subsets 1 and 4 to do the same. A new investment of (lets say) £1M would move the SP up, possibly even to my 4p sell-out target. If you managed that, I'd be gone and you and your chums would be in profit.
Give it some thought eh ?
I'm not sure you grasp the situation sharehead.
Aminex has no drill, no drill-pad, no pipeline, no CPR, no development licence, a GSA (with no mention of price) - not much really.
Investment is about timing - by the Company's admission the pipeline is (at best) months away, so no income for months either. Hopefully, significant gas in the ground (but we do need the CPR to confirm). Will the SP rise before all the missing is in place ? Personally I doubt it. So, in my view this is a SELL, as there are many much better opportunities in the Market. Nothing to stop me buying back in if/as items are completed.
Surprised you're working on a Saturday.
10% drop from the high-point 6 weeks ago.
I'll hold for the yield and hope the SP rebounds...
This has gone nowhere over the last few years.
Disappointing but decent yield. Maybe it's day will come...