Difficult to find another company on AIM with the combination of scope, professional BoD and financial stability of SML. Surprised the SP is still down where it is quite frankly.
I should also explain my latest email to Colin was today and asked about an update RNS to inform the market of progress as the SP was suffering. His reply implied why he was not able to do so.
Bradis, he has replied to my latest and I've hinted his reply in my post at 10:43. Reso thought it was a joke, but then he would. He didn't comment specifically about the poorly worded RNSes though.
Correct lejjb. When there is very strong evidence the Russians still deny it, even when deniability isn't plausible any more. The amount of gas isn't the issue with them it's their sphere of influence that bothers them.
I suggest someone finds out the political opinions of these two ministers that ARSO are waiting for. Let's see how long they take to respond to ARSO and what the outcome is.
Strange that the whole gas industry of Slovenia becomes dependent on the response of just two individuals in Slovenia.
I don't think the Russian government's a joke hulie. They have done things recently which would be incredible in a movie and yet they are real. Things like this certainly do bother them.
The deal is good. No argument there. But as soon as the problem with the major client was revealed the SP fell back. The market is what it is whatever the deal may be.
Colin has considerable difficulties in that he is not able to reveal progress to the market. His concern is that those trying to block the project gain information from RNS’s which they can use against AST. That means we have to wait for the bureaucrats to run their course. Not good I know but it is what it is.
The market reacts to RNSes. Media interviews have been tried by Colin and he's not come across very well. The SR also makes media interviews difficult as he will not be able to answer questions that are asked relating to that. Having to not answer such questions would create a negativity in the market.
An RNS would be relevant as timings of the end of September were raised and an official explanation of not conforming to that would therefore be warranted.