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HTTPS://www.londonstockexchange.com/news-article/ALTN/annual-financial-report/16441795
Let's see if Verde pay up......I don't think they will......if they don't DP will look a bit stupid......
At £31m market cap, the 1.5m oz at Teren Sai is worth that alone valued at c $25 per oz in the ground......
I've come to the conclusion that Palumbo is incompetent.
I don't think Verde will ever become an investor. A quick look at a very recent court case in the US tells you all you need to know. Even Eqtec signed off the last RNS with a warning. Shambolic.
So you think this company will be worth £ 9 billion plus in 3 years time ............
909, I believe you are incorrect in your statement that "Logik Development Limited had about £6M, but unless EQTEC can prove illegal activities and not just acting in bad faith these assets are protected from any claim against Logik WTE limited, by the nature of the company structure" The claim is against both Logik WTE and Logic Developments who were party to the SPA.
I've got Italy down as 1m EBITDA, where does 2m come from ?
HTTPS://www.proactiveinvestors.co.uk/companies/news/999046/eqtec-says-italia-mdc-plant-on-track-investors-agree-to-fund-enhancements-999046.html
Polymetal scheduled to sell Russian assets by end Q1 24. Then they can acquire ALTN for £10 per share, increase reserves by 5m oz , cost of £55 per oz in ground (suspect this has been enlarged) and regain main listing. Simples.....
Lol, yes let's ship it out a bag at a time.....what a tool....
VH, Idex disagree with you to the tune of €16.5m
Banca del Fucino S.p.A disagree with you VH. To the tune of €2.9m.
“The new financial model approved by the Board of Directors and shareholders of Italia MDC currently forecasts revenues of c. €2.6 million and EBITDA of c. €1.0 million per year …..”
I’ll let you find it, you obviously need to do more research,,,🧐
EBITDA is projected to be €1m pa. This will cover the annual repayment and interest, yet you say the plant may never be viable. The bank say different ?
The tech works !!
Good news that the Italian Bank have posted the press release that EQT have met the performance requirements on their website.
Certainly quietened the boiler room down........
Please don't stop 909 and Foxy posting, they are great entertainment, reminds me of the two old boys on the muppet show.
GRDF, Idex....."dubious partners" LOL