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The RNS was important in that it confirms that drilling equipment was finally ordered to accompany the 260 - be a tad silly if the rig arrived and as an afterthought there was realisation that nothing could be done without the equipment. Bit like buying a toy and forgetting the batteries.
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The potential was the MOUs and order pipeline, still is. Conversion from MOU to order merely supports the potential.
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The potential is as it has always been.
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"The gross urban waste generation quantity from Middle East countries has crossed 150 million tons per annum"
https://www.ecomena.org/solid-waste-middle-east/
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DYOR
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The 7,000,000 trade was delayed from yesterday, and currently there are less than 7,000,000 in buys gone through. That is not "aggressive".
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DYOR
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JSB1989
It will take longer than one week. The distance from Placenza to Baku is 4,172.5 km via the E80, so it will probably be mid-March before the rig is operational imo.
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GL
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"What do we need to do to leave the pennies behind"
Contracts for £347,183,054.47 smiley)
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If the intention is a FTSE listing, why not start as they mean to go on?
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applegarth.
It's all about perception:
Lada vs Bentley? I know which I'd choose!
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GL
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I sincerely hope that it is not SP Angel/Northland!
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Depending on the Nomad, 15% (10% with average one, 20% with respected one).
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"...and after many contracts pricey will be asked for his opinion as to why the sp is not reflecting the number of contracts"
What sp would reflect a number of contracts for, £100 million, £250 million, and £500 million, in total, in your opinion, please?
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TIA
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applegarth
I have absolutely no concerns about there being a replacement Nomad in place before February 1, and believe that there will be a 0.2p to 0.3p increase in price in the event that it is a respected Nomad, rather than one from the multitude keeping AIM stocks trading. Shortly after notification, I expect further contract news.
Whilst there are many who top-slice as befits a trading strategy, I have neither the time nor inclination to do other than maintain my holding for the longer term, rightly, or wrongly.
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GL
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applegarth
EQT currently have a Nomad in place - they are seeking a replacement by February 1.
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GL
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The.Italian
Kindly refrain from asking of them questions which are obviously beyong their comprehension levels.
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TIA
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It must be remembered that GE have the contract to supply the turbines.
Could there be any mutual tie-up for forthcoming contracts?
Think about it!
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So, 10 million done, >490 million to come.
What price the next contract, 100 million?
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DYOR
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GL
It is odds-on that updates should be notified before mid February which would make any wager somewhat tenuous as a better return would be available buying shares.
Whilst we both agree that updates are imminent, I believe that both Nomad and contract(s) will be announced by January 31 - any pending contracts could be signed as soon as Nomad is in place, perhaps any contract might be conditional on there being a Nomad in place?
A question for you:
Based on the RNS of "new contracts" and taking into account existing MOUs, might this give a potential order book for >£500,000,000?
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