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Gordon,
You're becoming hysterical, constant posting after the market has closed just confirms it.....
Or those that have rejoined Lupi!
We don't expect revenues from Redmoor assets any time soon, but positive upgrades can only help the partnering situation, which would immediately bring a Boom to the SP...
Robdog67,
What has that got to do with FAB? Have you posted this anywhere else or just here? WHY?
By the way as they were not listed on AIM (they were standard listed on the Main Market of LSE), then most of your post is pointless.
It was also a pre-revenue company that had burnt through £20m in 4 years, thye were struggling to raise any more cash through the listing.
Commentator's Curse....
Oh so sorry, I can't think why I thought you had bought them all yesterday and at 12p???
AimHigherStill
Have your 8m shares appeared on the trades data?
Gordon,
I have learnt that you shouldn't be invested in Companies where you think you can do better than the CEO...
If you can, you shouldn't be invested in that Company and should be backing yourself and if you can't (but think you can) then perhaps you shouldn't be investing at all...
Some here desperate to drag the price down to get in after they missed out a few weeks back, coupled with the stale longtermers, everything posted is negative.
Today's RNS states there is nothing the Company knows of to stand in the way of Ministerial Sign off for the JV, so it could happen tomorrow, it could happen next week or it could happen next year.
Everyone talking their own book here and far too many traders/stale holders for my liking but they have as much idea as anyone else and they can be just as wrong as anyone else...
So you suggesting it is him, and only him, who will be assessing all the information before signing off on a JV? He will be given a piece of paper and asked to sign by his Civil Servants that will have done all the work. Who knows he may use the signing off as part of his Campaigning, 'an example of the current Government investing in the Energy future of India'...
Well he is hardly going to post on X that he is....
Anyone else think the last trading update was a kitchen sink job and they are now trying to focus everyone on the future, not the past year?
If delayed contracts are just delayed, then they will boost what we are being told is a growing sales leads, sales pipeline and orderbook...
The GoI are approving the JV between an Indian Company and a Foreign Company, not the project infrastructure....
There can't be an update until there is something to update with.
Not as strong as the 29 code....
"The net proceeds receivable by the Company pursuant to the Placing are approximately £1.24 million"
Well then we need to see some more buying/adding at these levels....
There were a few more buys than sells and probably balanced the sells over buys from the 30th, however the MMs would normally try and weed out a few more sellers at these lows and today they have moved it up on what at face value looks like small volumes.
I was being quoted 3.2711p to buy just before the close yesterday, so think the 3.27p trades this morning were also likely buys.
Not complaining just wondered if there is a buy order being worked/delayed reported?
It's moving up on small volumes, something being worked?
He can't really win, if he didn't give a timeline everyone would be moaning and asking for a timeline guidance, if he does give one then if it misses he gets lambasted.
This is out of his control, there are no set timeframes to work with and this is India, just be patient as each day passes we must be getting a day closer to the approval.
On the Approval, it was my understanding that it was to approve the JV partnership, so not sure how much detail will go into the workings of the field.
Not going to be a very successful Investors' Presentation if they haven't got anything new or positive to say at that point.