Starting to make sense now. So the CLN was done quickly and cheaply at 0.08p. So I guess that money is to tide them over as JV is delayed and not much income. So what happens when the 600k runs out? Does anyone know how long 600k might last?
I don't think think the RNS is poorly written. I just don't think they have anything useful or interesting to say at this point. I am wondering if they ever will. The need to communicate about the condensate issue. That's what everyone cares about. That's why we are here. They must know that...hence all the fluid about CCS. More delays. I also think probably 12 months. That's what it usually is...anyone buying today is nuts IMO. Unless they come up with some hype to have another pump and dump. Who knows at this point.
I'm assuming condensate solutions are a real issue in terms of cost and impact on profitability. That's why they are looking for a cheaper option but does one exist?
Also we still have the CLN drawing down to look forward to in the last quarter. Which in my experience can suppress the SP.
it's not really very ethical to get people to buy a share just so you can make money haha. The company's performance is supposed to warrant demand for the share.