Does not look good at all, the SDF news is really important, can see this rising before any announcement whenever that maybe, got a few quid spare for a top up but am going to hold off for the time being, this could well hit lower!
idg69 - Agree with your post, the trainsets was never going to give this a massive boost as it was a given, may get a small rise once they are commisioned and lease agreement signed. Was concerned however reading the RNS that debt facility is being referred too as the 2014 debt facility and no longer the debt facility that would be secured in Q1, thing we may have to wait a while to satisfy the lenders covenants, the debt facility will give this a boost. Regarding Darwin, I don't think we would have a company if they hadn't come on board, shafted us I know but without them we could well have gone pop!
why are we dropping? - games are afoot!!
My guess would be that you have a matter of weeks to buy at these levels before BOOM......we start the rerate
Note 'an important condition for debt funding plans now complete'. Think that is a hugely important statement as clearly implies funding deal is imminent.
Think we will get news on the trains this week but I think that news will be negated by the standard BHR 'We continue to make good progress in line with securing a debt facility'. I hope this is not the case but am slightly concerned by the way that this continues to drop on minimal volumes, we are looking at a 50% increase to get back 1pps which is a low price, however global met coal prices being at rock bottom is also pinning this down where it is, good luck to all holders old and new!
oilflow1 View Profile View Posts View Threads 21 Mar'14 - 12:34 - 394860 of 394860 0 1 edit IRG rumoured bid from Gazprom Buying started 18-20p
guessing this will end the day at 0.7 and if it does im already in profit on todays buy - so all good...
10 days till the end of Q1 - we were promised an rns before the end of the month - they sure are cutting it fine - as ever expect a rise with good news, hide under the bed if its bad...
i'd be more worried if i was in GKP after todays performance!!!!
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