Well lets run through them: SN and the board want the company too succeed as part of US interests in the region and because they have loan notes and whatever it left of their shares invested. they also want to send their gas to Ukraine to diversify regional supply. But they are up against:
1 The Ministry or Energy discourage investment 2. The Azeris and Rissians want to protect their exports/transits to Georgia. 3. The local gas market monopoly does not want local gas so the gas is locked in and can't be sold. 4. Outrider as major bondholder are part of some sort of intellectual property/financial conspiracy for the past 3 years which has thwarted the financing and deals for an as yet unidentified reason.
And hence the board have aligned themselves with: 5. Shadowy service providers. 6. A mysterious and unidentified Partner in Varang. 7. We see large unidentified share movements from dealings with YA but no holdings RNS.
But can't recall the last time we have had 2 RNS in a week and the price has pretty much held in the face of trading like that!
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