just a slabber banned last year twice guys did drunken late nights slabbering also popped up on the JJb board doing the same some years ago said he lost a fortune and would never invest again has nt a bean to invest lol lol was banned there also laugh at him lol lol once a slabber always
Potential new investors,will probably not have gone through all the figures in detail, so will probably do what I call the quick test...
So to take the published carry value of $90M, (That’s what the assets are worth)Subtract the $50M loan that is required to deliver this value (when announced) and then be repaid in 2 years, to leave $30M after interest. GBP £19M.
£19M / 7589.79M = 0.25p per share.
So they won’t buy at current levels.
This of course shows why you sometimes you have to have a range of valuations.
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