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08:44
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Originally posted by DaisyA:
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Like this or not the PRE SP is hostage to the AFT grant. Everyone is waiting for this as without it, while PRE is still a great prospect, the timing will be pushed out and the chances of lenders assisting in the manner and timing we want will be impacted, probably significantly. If the ATF grant is given the opposite is true and the project is de-risked and lenders and potential customers will line up. The SP is probably being attacked now and there is plenty of talk on this on LSE and Telegram but to me, the current SP is all irrelevant. The fundamentals aren't changed because others want the price down. If anything it just justifies why it is worth investing in PRE as even the downrampers are expecting PRE to change direction. I have learnt that engaging with downrampers is a complete waste of time. I see them like blowflies on a dead sheep. I don't like them but there is nothing I can do about them. You live with them, or better still, ignore them. The fact is that the AFT grant is what we long holders want to see as it takes the pressure off and re-sets the SP and the future funding and planning. I would expect PRE to make a big noise about this if it is granted and then come out with a series of very positive announcements. This is not the time to sell, which is why some want the price down to they can buy.
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Uprampers , downrampers doesn’t matter . Every SH is entitled to have an opinion. Precisely why I don’t engage in much “ discussion “ on HC now . One thing is certain the SP is a reflection on how the company is performing. Many SH have lost faith in this company and holding in the hope of an AFT grant is not a position some SH like to be in . I will cop abuse I’m sure but PRE has not lived up to the hype at this stage .
