RE: Going Concern and J&J12 Feb 2024 20:38
Tommy - it would be interesting to know how many LTHs have averaged down and to what level. Ad ultimately, what they/we would find acceptable. For me, having averaged down quite a bit, it doesn't have to go back to £2 to be making good money. I don't doubt there are unscrupulous people amongst us trying to manipulate. But there will also undoubtedly be some lethargy... I never intended to be here years later, and potentially a good few years yet! However, my base case remains that we need to start and then pass the P2's, and then find a good partner for the P3's or to offload it altogether for the right price.