lol @Rhino1963 Thanks for the heads up on ATC mate. I'll start...

lol @Rhino1963

Thanks for the heads up on ATC mate. I'll start doing some DD on them today. Looking for a new sandpit. The chart looks tasty already.

Excellent post @dbriggs86 I was thinking the same thing.

How long were ATC talking to KfW before the mandate happened, do you remember off the top of your head?

TNG have been in discussions with KfW since the middle of 2017.

With all the preliminaries out the way, I can't see it taking another 2 years. Although with TNG's timeframe blowouts, who knows.

The new Chairman is very well versed in organising finance on favourable terms, so I'm pretty sure he was drafted in now with TNG knowing this is a critical time, and needs someone with expertise at the helm, guiding and accelerating the progress.

If the indications are that it will be anywhere close to that timeframe, I'd say watch out below.

The fact that most holders realise it's unlikely to happen until later in the year (thinking positively), and the SP is holding around the 10c support level says to me most people holding now have strong hands.

Going by the chart alone (ignoring the obvious impact finance will have) shows there's likely to be a significant appreciation in the SP over the next 6 months or so (triple / quadruple bottom in?):


Ok, enough of that witchcraft.

Time to enjoy the 28 minutes of UK sunshine we're likely to get today.