RE: RNS comment11 Aug 2022 09:42
The company will carry on the charade of going to production simply because they have to, the alternatives are putting Cascabel up for sale or raise upon raise until a hostile buy out occurs.
They have collectively missed the sweet spot, possibly through greed, possibly through bad decisions.
They are still painting themselves into a corner and some of the late comers are sufficiently new to see what the old guard can't or won't, I think they left because being part of SOLG may damage their reputation going forward.
I think a buy out is inevitable, but not as soon as previously thought by the majority of buy out believers.
In the meantime we had a gain in the SP yesterday on the back of an RNS this morning and failing another with some break in the stalemate it's back on the slide to 20p IMHO.