RNS bull & bear - flowerpot men21 Sep 2018 11:17
Well you can't dispute they are working hard on it. Not enough detail as per to decide whether it will proceed or not really.
Intrigued by : ensuring we have robust payment and receipt processes in place that do not involve any funds coming from or going to Iran. Can see why but how does an Iranian citizen buy their ticket and what is the money flow from that person?
Funding - the project has been made so high risk funding can only come from a gov body - forecast pax numbers to support funding will be very uncertain in the short term - . Which makes it suprising that Borden - the UKEF man is standing down., although the new CFO looks good
And I can't get my head round why the Iranians are so keen when there is so much crap going on there.
On the plus side though, given the volatile and juvenile nature of global politics atm, it could all change in the blink of an eye so the upside is still significant
To summarise its complicated enough if we had detials, without them who knows what's going to happen - I haven't a clue - a hold only.