RE: Appendix 3Y (and X and Z)15 May 2026 14:30
I do find it some what unbelievable that the company has gotten this far .. but are failing to get the ball over the line .. it’s beyond me to think they spent all the capital putting in the post and wires almost finished and don t have enough to get commercial gas flowing! They already have customer waiting for the power ..
so none of it makes to me sense to me … they then announce that they are fully funded ( on twitter) through the Kala link up … only to find a year on they haven’t moved one jot other than a bit of infrastructure for the data centre! It’s really no wonder investors can’t see a positive outcome .. the company haven’t communicated with its shareholders other than what is regulatory required .. again which isn’t positive .. once the flood gates open people will also jump into selling for fear of losing the lot!
The company need to announce their next move before things get totally out of hand, from which they can’t or won’t recover!