RE: Reminding shareholders to vote12 Jun 2023 19:30
Thx BH2 , was not familiar with the 'gate' phraseology in relation to project mgt life cycles.
'Stage-Gate provides a complete, structured and transparent process, that is visible to everyone: Transparent : with Stage-Gate, projects and their status (Γ©tat d'avancement) are visible to all, which allows to build a clearly understandable roadmap for management, stakeholders, and even customers ' 7 Mar 2019 - goggle. So whilst acknowledging you are correct , it certainly isn't transparent to stakeholders , ie us . Only had a quick read , but each gate is a stop and evaluate with a decision to progress , different buzzwords , but a standard development life cycle.
So early 2024 and if a miss straight onto the court case. Would most definitely have liked to see some money accumulating in the coffers well before then, for obvious reasons. This project has a huge dependancy on another company delivering to deadlines.
I would feel a lot more comfortable with seeing some inhouse greenshoots by now , instead we are left with no information and an RNS that has irritated some holders , me being one of them.
I will wait to see what , if anything we are updated on in the next few days before commenting further.
Sounds a bit like a star gate , wasn't there a programme called that ? It transported things ? Perhaps that is where my investment has gone , through the star gate into the Bods back pocket. π€
Obviously aware shares jacksy to do with cash in bank ;)