Vander14 Jun 2019 10:29
I think you should give more weight to the fact that HH are still invested knowing, as everyone now does, that this ‘opportunity’ is in Iran.
They have NEVER given locations at MoU stage.
I get that it compromises them in terms of commercial sensitivity. But they could update if they chose to. The problem is there hasn’t been anything material to say. The decision not to announce MoU’s is more about measuring failure.
Not converting anything out of about 7 MoU’s that are all 3+ years old is bad.
Not converting anything out of 10 to 12 is far worse.
The higher the number, the poorer the conversion, the more inept they seem.
It’s accountability they don’t want.
And the market couldn’t give a toss about MoU’s anyway, because they ALL (this far) come to nothing.
The Africa excuse is looking less credible by the month.
Iran will run and run. They won’t be as patient as some investors have been.
I anticipate more positive ambullguity.
Anyone going?
Gay’ - what was the question?
Ozzie. Apologies. Abbreviated. There is no new ‘construction’. Sounds like they’ve re-purposed a room or two within Bumbly. Either permanently or as required. Wouldn’t elaborate. Considered it inside info until I pointed out that it was in the Annual report. She hadn’t read that. Not just investors that are ill informed then. Suggested that I needed to put the question to a board member st the AGM. ‘Ain’t happening.