Turbine sale1 Mar 2013 20:52
It does bother me that this latest RNS shows us to be weak financially. Will this have some bearing on any price that the turbines will command? Surely if a prospective purchaser is aware that IPSA is struggling with cash flow and a sale is vital to the future of the company then the buyer will be in position to drive a very hard bargain.
I would like to hear some crumbs of comfort from the Directors concerning our relationship with creditors and what if any cash remains from the £3M deposit. Assume banked - or has it been spent ?