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Whatever you views on politics and Brexit there is no getting away from these facts -
“British business investment has fallen 1.1 percent since the June 2016 Brexit referendum, and analysts warn that it could cause long-term damage to the economy,” according to reporting from Al Jazeera this week. For the sake of comparison, “over the same period, business investment in the other Group of Seven (G7) big industrialised economies has risen 10 percent, with the United States posting an increase of 13 percent.”
There is only one way Brexit may have had an effect on us and that's "Brexit uncertainty" scampering any hopes of investment in the UK. Note "may" and note "Brexit uncertainty"
I agree with paaa and he's remain and I'm leave.
This next raise, or ( plan c) as I like to call it was in my opinion always a last-minute resort that Chris could have put in place to fall back on. I may have started the early December wave but these are my conclusions.
Chris sounded assertive to get this resolved quickly in the conference call.
Cash is slowly running down...the SP would potentially follow with holders getting cold feet and dumping stock, that along with shorting pressure will lead us into hostile takeover waters and I don't think Chris wants to go there.
Resolving this quickly puts stage 2 behind us and gets us towards de-risking the project and onto another joint raise as debt and on better terms.
A ukgs could come then wether were still in the e.u or not or under another government regardless.
My guess was 12th December before the election was announced.
“as the EU shackles will have been thrown off.”
——-
If you could clarify what exactly these shackles might be, how they work, and demonstrate how you perceive that they might currently be holding us back, oh.. and hopefully offer some conjecture outlining how you can realistically conceive things being any different post any Brexit scenario, then, I’d be delighted to read your thoughts.
Failing that, I guess I’ll have to conclude you’re just banging a typically empty anti-EU drum without really knowing much about it. And - as ever with such things - making plenty of noise about it.
per ardua ad astra
Well I want my Christmas present early.
31st december
fook it lets have a party
I give up.
I was hoping for a reasonable response.
CF stated that they hoped to have a pathway to funding as a minimum by March.
Somehow this has now morphed into 31st December.
secrets
Agree as who ever they have lined up for investment/partnership have not come to a decision by xmas they are not going too.
March Bollxx
I just think it will cause them more hassle because of what they told us about March , if they tell us bad news early folk are going to say what was all that Match Bollxx about.
“I agree, but the if we haven't got good news by the end of the year I think it's looking like bad news,”
How did you reach that conclusion?
secrets
Hi Wool13
I agree, but the if we haven't got good news by the end of the year I think it's looking like bad news, someone said on this board if they just let it run into the ground the FCA would investigate.
Bad news would only come right at the end. We cannot in all honesty expect an RNS from SXX until after the election results in Decemeber. So much depends on the election regarding SXX and a majority Conservative government will mean Brexit, the pound rallying, a tidal wave of foreign investment and the very small chance of a government guarantee as the EU shackles will have been thrown off. Not only that the potential investors/partners at this stage will have so much more certainty. It will come good, just have to wait.
Hi Nice People
If we get any RNS in the next few weeks surely it will be positive? They arnt going to tell us bad news early if we have enough money until march?
Only my opinion.
HTB