RE: Significant upside16 Nov 2019 19:18
Ocelot,
I've never been a cheerleader for any company - although I may have defended my buying decision and "reasonable" hopes for good outcomes from time to time - both here & elsewhere.
I always "try" to take a rational / balanced view but understandably I freely admit to getting rattled from time to time - especially when I come across half truths & fabrications being spouted on here.
I dislike shorters and swing traders talking down a share just so they can buy back in lower, just as much as I dislike rampers hoping to hoodwink a few newbies to invest - whilst they cash out themselves on a false spike... I view that kind of behavior as immoral!
Whilst I understand some current underwater investor's hostility towards negative posters here, there really is "no smoke without fire" and Angus only have themselves to blame for this. It comes as a direct consequence of their appalling mismanagement.
Regardless of looking in the rear-view mirror, and based upon their very latest FAILURE in their planning submission... it would appear that NOTHING HAS CHANGED or is ever likely to - so long as Lucan, Tidswell & chums are in the driving seat!
Here are four more predictions for you to fact check in a few months time:
1) Balcombe planning WILL be delayed and may not even be granted without further re-submissions / site work and written assurances.
2) Saltfleetby will cost more than anticipated, take longer to complete reconnection (if allowed) and - even then -turn out to be less commercially viable to operate.
3) The BOD will have further nasty surprises and manage to dig up yet more skeletons between now and then.
4) The SP has further to fall - long before it sees any realistic chance of sustainable recovery.
This is not negative spin to enable me to get a lower buy-in (I have already written off my investment here) this is me being realistic about the prospects of a serially incompetent management proving themselves capable of overturning their impressive record of 100% failure!