Troajan, what happened to the Q4 Shard report and the Outlook for 2022 Shard report. Cancelled due to impending business failure ? Shard refused to put their name on them for fear of professional damage ? WRES couldn't afford to pay for them this time ?
Another $26,000 interest added to the debt stack (that's just Blackrock) $9.4m pa in Interest. Compounding every day in a company whose annual turnover is much less than the interest being charged on the debt (that's just Blackrock remember)
Despite the recent wet spell, I still maintain that they could make more money renting out jetskis on the ponds and the unmined land being used as a spaghetti western film location. Apparently it already has some potential cast members
RE: So anyone have thoughts as to the sale….28 Mar 2022 17:57
Its entirely feasible that ICD are selling out of the mess they bought into. In 250k chunks. They bridged the gap until the first advance on the additional blackrock loan. IF the 2nd advance is paid that $78m debt with Blackrock alone rising at 12% pa. Yep $9.5m interest per annum.
RE: So anyone have thoughts as to the sale….28 Mar 2022 17:15
It could be the infamous "Spanish Investors" They bought 2.1m at 33p (In todays money) Investing £693k but now down 93% and worth just £46k. They may be responsible for the 250k sales in the last week or so too. A total clear out ?
Oh here we go again.......the "not invested" ******. Your record is stuck Safety, on this and also your constant narrative about one day this will be fantastic. Get in the current not the past.