RE: Good week3 Feb 2019 09:59
Zen agree about funding, but July is only 5 months away and I guess you have to ask will they be generating revenue in that time (probably needed around May in reality).
That’s my concern, as imo to avoid a placing, we need to have some for iof revenue within the next 3/4 months. I’m sure the bod are aware of this, but it’s a tall order without a partner
Would be very interesting to hear what the CEO plans are going into July
Actually surprised that no one has really picked this share up given the CEO has been fairly straight on talking with partners
If this has been an oil play, and a partner farm in or sale was being talked about by a CEO, you’d be rocketing! Funny old game
Not sure on news just yet, I think we will be end of this month early March and let’s not forget, Farn have also missed a good few timelines in the past
I think the movement last week and increased volume is just a combination of sentiment, re rating from oversold positions, PIs topping up at these silly levels and some position taking for news over the next month or two
Can see a blue day next week, and honestly believe we will be seeing £1 plus by the end of this month