RE: profit?9 Nov 2017 15:37
except end of June, after many months of referring to full scale production target as being 15t per month and expected soon etc ... Larry's RNS says...
"we expect this will deliver value creation in the near and long term as Aftan aims for full scale commercial production in Q2 2017"
Immediately followed by an amendment saying ...
"we expect this will deliver value creation in the near and long term with Aftan having now reached full scale production."
Amendment reason being ... "to draw attention for the avoidance of doubt, to Aftan having now reached full scale production."
Happy days... we've all been awaiting this confirmation for best part of 7 months.
But that 'full scale production" was nothing like the 15tpm... not by a country Namibian mile. So why "draw attention for the avoidance of doubt" to Aftan reaching the much anticipated full commercial production ... with the SP at 9p ?
A few weeks later, placing at 6p.
Point being, in context ... do you really have to view KENV as 2 different companies before and after Larry ?.. Answer imo is not really, view it with caution as the same company but with hope that at some point some transparency is introduced with real figures and less apparent misguiding of shareholders.