Funding agreed Finally the details.First thoughts, production early 2019 is the key.Decisions on whether to focus on paying down the loan or expanding to 4k from 2k need some time for calculations.Still feeling very positive here, little noise in the BB and 12 months out is worth waiting for.Current cash should avoid any further need for equity dilution.Warrant position would be nice to have more details on?
Re: Placing RNS .. Turner Pope you have to admire anyone who is taking the profit, which I struggle with, even though 54% up.....greed and expectations.well played Ripley, respect.
Re: Placing RNS .. Turner Pope Of course GenG.I set another slice today before going out @ 56p limited higher again @ 57p.That's a good sign as this broker does not get best prices.I am still in this only selling extra i bought on dip .
Re: Placing RNS .. Turner Pope Ripley94 - Bet you wished you'd waited till today!
Pivotal point about to arrive? The long term horizontal resistance is around 0.62 and the peaks of the rising trend point to 0.60 today and will be 0.62 in the next few days.If the SP gets above 0.62 then there could be quite a big breakout about to happen
Re: Placing RNS .. Turner Pope Sold it back limit 0.5 .. lifted 0.51 ( + 2% )
Proactive Investors [link]
Re: Finance at last ! News to come - the final signing - drawdown of 13 million which confirms the commitment to lend - then presumably agreements with the customers (assuming this is part of the 'conditions') - then drawdown of 22 million in quarter 2 - then updates on delivery - updates on installation - updates on commissioning - updates on production - calculation of massive profits.Going to be a busy year and a bit.
Finance at last ! [link]
Re: Placing RNS .. Turner Pope Topped again @ 0.42p
Re: News Great find Larry.
News Just bought a few more Mil ! Do you think that the penny has dropped yet ?[link]
Re: Placing RNS .. Turner Pope Topped up @ 0.47p I posted on another bb i might not of sliced if id seen pens view
Re: Next resistance levels? This has risen considerably since the placing - assume you are out for the moment waiting to buy back in when price retraces. Lots of risk / new plant possible delays etc.
Re: Next resistance levels? Basic agreement here - resistance areas around 63 > 82 > 97 (red lines on weekly)20/50/200 SMAs all aligned and risingRSI relatively overcooked at 85 with price also opening/closing above the top band on the daily. So some cooling off may be in order. Weekly RSI also above 70 for first time since 2016.[link]