RuR17 Dec 2015 11:25
Who is Radix Investment UK,not much information on the net.
So we have assets of over £50M and all that security is all tied up with a £600 k loan.
WH Ireland our NOMAD just Google,doesn't read good.
Going back to the Open Offer,and it was doomed to fail,why did Keegan propose it?
Maybe they are happy to Default on the loan,further depressing the SP,and then they will blame shareholders for not taking up the offer.
The company is extremely solid in terms of assets,which we are led to believe by past RNSs,
Yet our " apparent" cash situation is critical.
What's. happened with the 1 M referee payment from Peru??
Looking like criminal financial activity here.