RE: The existing Rehab Class2 Sep 2020 15:56
Nicely put Sharetrader123.
There certainly seems to be a lot of focus on the past with the old BOD’s right now, particularly based on the infamous JP.
Hardly surprising I guess given the history and obviously I get why many LTH’s are seriously bent out of shape in which the way this has gone.
However, personally speaking and in my mind, there is only so much focus and energy that we should now really give this though. I feel at times that it almost creates a self fulfilling prophesy on here, with all the negative posts I mean.
Yes - we are all upset with the SP. Yes we all wanted to make pots of money, not be misled..... etc etc.
We are here now and again, personally I think we now have a plan, a direction, and a person in charge that is at least communicating with his feet firmly on the ground.
This scenario is surely far more positive that the situation we had many months ago with the old BOD’s.
The last surge (I use the term surge loosely) from 1.8ish to about 4p was really interesting and this was only based after the last RNS stating the agreements and the new outline HOT.
If what was communicated in that last RNS is actually achieved then there is a fair bit of rationale to suggest a marked increase in SP from here will be seen, and that’s prior to year end.
I know and fully understand that it won’t be enough for some, potentially many existing LTH’s to recoup their losses and I am greatly respectful of that too, but at least there is some light at the end of tunnel here to move forward, improve on the current (depleted) share price and progress with becoming a gas producer isn’t there?
We’ve already found and got the gas to do so haven’t we.
We may even go on and find copious more amounts of gas in the future, probably after clarity has been given about the restructuring of the bond which will also hopefully happen within the next 6 months.
Anyway, just my thoughts.
Glass half full me.
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