RE: Latest presentation..... Nov 2417 Nov 2024 09:34
... more immediately relevant is the fact we've only got 0.5% of EMH left (roughly Β£80k) which is just about enough for one more months installment of the MEZZ loan .... so unless we start granting them the right to convert to shares (at what conversion!!) we're going to need funds to service it, or refinance it .... if the news about 67%, licencing a JV partner or a sale isn't forthcoming soon & provides a significant jolt that's gonna make a real mess ... can't help feeling they're moving us into a position where if/when Amapa is sold that'll effectively be the end of Cadence & they'll divvy out the proceeds of Amapa & Evergreen to shareholders ... that's my hope anyways just hope that wait is worth it & they sell Amapa for a pretty penny