RE: WTF is going on13 Mar 2024 12:05
“ No prospective buyer is going to put a bid in for asset(s) until the cash has run out or almost out. If the board do indeed manage to sell the concentrate, then that £3million will soon go in expenses, salaries, employing 11 folks at WK and other unexpected costs. The prospective buyers will just sit out till 2026.
The board know that they can't sell and so will continue to sponge off fat cat salaries and live the corporate lifestyle.
I think they could have sold in January 2021 but cited Christmas and New Year holidays for delays in selling. They stated it in an RNS. Back then the board has £30 million plus in cash. They just squandered in and now running on fumes“
🤣🤣🤣🤣
Expert right there 🤗….so funny to read 🤣