RE: Lets get in to the detail28 May 2025 21:07
Love you Svend, as you know! But you're talking about RR SMR Ltd - Not RR PLC we are invested in.
RR SMR ltd would be close to being bankrupt if it wasn't increased capital from those involved:
β’ RR PLC have 70% now (since the CEZ agreement)
β’ QIA
β’ Constellation Energy
β’ BNF Resources UK Limited
These companies need to be paid prior to any physical cash finding it's way to the RR PLC balance sheet,
That said, and as I've always said, the impetuous of "RR" being the headline suggest Hedges and Pensions will no doubt get involved that suggest an inflated SP (rightly or wrongly).
Moreover, a ltd company will always excuse factors to be paid more. So yes, RR PLC will have a balance sheet increase in years to come, but the SP will only gain from those not knowing the true structure of RR SMR Ltd.