RE: To any new investors26 Apr 2019 22:44
Albi1, ' If some made predictions of a SP of £3 by now, likely that was when it looked like it might be possible to have FOIL by November/December 2018. Clearly it will be by H1 and no earlier. If all goes well and the price of oil remains stable at least around $70, this is a very promising investment indeed.'
That sounds a very good reason to stay on as this is one of the stronger AIM companies around and well supported by several knowledgeable posters on here with well balanced views.
So there is a bit of a delay, don't most projects get delayed. ( several of mine did), so many elements to consider in a multidiscilpline project. Every discipline and element has it's own plan and joining them all together in a major plan is the big headache we would all try to avoid. A catastrophe at any unique supplier, for whatever reason, needs adjustments of facilities, personnel, cash flows etc., etc., etc.. So plan to expect a delay somewhere, sometime; build in a contingency based on experience.
If we were perfect at everything wouldn't that be wonderful, we could push a button and off it would go, but unfortunately, or fortunately, people have to drive it.
So, be ever vigilant.