RE: I am inclined to believe a quid29 Aug 2022 19:08
The capital reduction will, if it goes to a share dividend and a buy back, will attract institutional interest, that will sap up any selling/profit taking. The extended reserves report at Wressle, will add to the value. This is going to he far better in my opinion than anyone is expecting hence the timescale to complete it. West Newton, in my opinion, is going to be proven commercial, the lab tests confirm flow potential. The CPR is soon to be released, this will reveal just how much gas could be extracted and again, a major catalyst for the SP. With Biscathorpe getting the planning refusal overturned, Keddington drill confirmed etc, monetisation of the gas, 2022 for me will be a quid. This is AIM, with the right catalysts, sentiment and buying of what are few shares in circulation compared to most companies, I think we will achieve it.