RE: Patience brings the rewards5 Jun 2026 14:34
Clearing their debts i think you'll find, they've all had enough of 'no updates but plenty of dillution' there's nothing positive to say about this cluster of an amalgamation. They would need approx £20M to get the fundamental mining/processing systems in place before anyone would have interest in any offtake. No big developer is interested in carbon credits, developers are interested in cheap aggregate and supply, even if the RTO goes through they have no funding to develop the site, they had to take an 'ATM' £2.5M loan ( High risk/ high interest loan) facility to allow progression pre RTO, still no update regards the RTO, says it all really.
DYOR
GLA