Very nicely put valuation-it-is. This has always been my wild card. I think all the unacceptable spending has gone on all those trotters at the trough.
It's no good looking back in 12 months time, when they're 30 odd pence, thinking you could have bought at this price. You've got to be in it to win it.
When is this going to production? 2026? 2027?? I've asked this question numerous times with no response from anyone, so I take it no one has got the foggiest idea, the same as most of us.
The bank balance must be looking a bit sick now. I would say that's the reason for the relocation, so personally I don't think that's good news. I can't take anything positive from the RNS.