Possible reasons for no news?12 Jan 2021 19:52
The market has punished GDR since the placing - understandable
RNS since has not been material due to no sales and market remains sceptical.
1. If DB updates without news of sales we would certainly sink lower?
2 . DB has to wait for regulatory approvals before sales which don’t seem to be forth coming?
3. The sales mention in the presentation are either delayed for a reason or no longer in the offering?.
4. BC don’t want to disclose any offerings until the contracts have been released prior to 19th Jan?
5. Issues with regulatory bodies due to method of extraction?
6. No one wants the test for some reason?
The silence is concerning and I only hope it’s a case of a simple solution which will all come good?
Hope DB is able to pull a much needed rabbit out of the hat!