RE: Asset Sale Price !29 Oct 2023 13:23
casually leaving from the post of why eua cannot have sale of assets as nothing after 4 years :-
war would have delayed, not any indication this will stop a sale but no matter this would have affected.
dfs is now in and signed off.
sale of assets was called with parties interested so company then become focused on such, no timeframe.
pre war/ pre covid, company was focused on enriching worth of assets with investment on many areas, this was obviously deemed the most value accretive plan.
obstacles to this once determined & implemented, covid & russian invasion would have substantially impacted time scales & potential suitors.
but 2023 has seen many developments, dfs, wk substantially raking up production, drag line completed, reduction of tax implications, huge tax relief incentives to vast areas of license holdings, with also all activities & investments within all areas now stopped, there is only 1 option and that is sale of assets.
language from the bod has also now changed this year, very positive tellings from the agm clearly stating the plan short term along with no ceo until disposal of assets.
believe or not believe but donβt forget the complete cretins that roam on this board instead of enjoying life with no interest in eua other than laughing at the many with paper losses are purposeful with dross.
happy sunday ******s π