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What an absolute shambles the last 5 years or so has been, delay after delay, lack of clarity, poor business decisions and now a massively discounted share price after a war in ukraine. Sounds like putin is on his way out, its now a case of waiting for an acceptable offer or JV. No rush these are pretty much written off so I'd be delighted to see a resurgence. The spiral of doom started with share dilution and has never recovered since
This will be sold on absolutely no way this is going into production, RY knows it, we know it. The whole thing is now based on a Russian or Chinese buyer coming in with a much better deal than that rubbish that was spouted last month!
Apologies for third message but the fact RY has stated it is ready, now means this knowledge is in the public domain and shove the bidders that may have to pay more it is what is is. Had a sensible offer been submitted it may not matter by now, they played their hand it failed time to progress more value, not appease someone for a potential offer.
What angers me is RY admitting the roads etc will be an issue and we should accept the offer as they will never produce. So by means of these stupid comments it has effectively devalued the asset regardless if he is genuine or not!
They can't not release the TEO it is market sensitive information and now RY has been quoted by more than one that it is essentially ready it must just be a formality of generating an RNS. Anything out with this scope is illegal.