My appraisal of RNS16 Aug 2021 08:49
Don’t need 20 mins to give my opinion. Total waffle RNS; legal proceedings dropped but who cares the damage has been done. Didn’t go deep enough on the drill so it’s either excuses or incompetence/ poor execution. Neither good.
The farm in carrot dangled for the 100th time but even Etyan didn’t sound convinced. Licence renewals not certain and their relationship with the government, along with the standard COVID excuse, means this is going to be unclear for months.
No mention of S2, precarious finances, or a nod to thank long suffering shareholders. Expect the move south on the SP to continue as Bahamas “jam tomorrow” message and utter failure reconfirmed, with no hope in sight. Will not fill anyone with confidence.