RE: Fortune interview24 Jun 2020 11:08
Yes the SPangel note makes it clear, the Vanchem revaluation has to be declared as profit immediately, thus adds to the gross profit reported at $69m. underlying profit much smaller but still very significant I think considering what hey have achieved and the investments made. I am wondering if the delays on Enerox are in part due to the tightening cash position due to Covid uncertainty? Prudent yes, but he loan was drawn down for a reason methinks.