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Back from a holiday to see nothing has changed, Tillyswizz has abandoned ship to ramp up Hemo, and its collapsing SP. Stretch still saying coming soon/imminent that’s almost every day since August Stretch, define soon/ imminent. Ipaynothing doesn’t understand the meaning of EGM and desperately tries to cover his ignorance. Is the sale still coming by the end of September IPN?
The SP doesn’t matter when it drops, but surely it directly mirrors the market confidence in a positive outcome be that soon or imminent.
Still believe it will eventually happen, but price will reflect geopolitical situation, and almost four years of no sale.
Pwlx, that’s the point we don’t know how much is left what the one off costs were, it there a plan to survive past end of year based on what has been disclosed so far, the one off costs would have to have been £3.7 mil for us to break even on the value of the extraction, and there has to be transport and processing costs still to be added in.
Pwlx, we had funding to the end of Q1, the tax refunds (staged payments) funds us to the end of the year. We still haven’t had any updates on a buyer assets or concentrates and you want to commit the bod to spending the money we need to survive. So if we commit to this spent how do you address the money running out at the end of the year?
Stretch you have been posting the same negheads, green boxes, maybe good news next week, next month, sale coming soon, sale imminent rubbish since August and you have been wrong 100% of the time. You even got it wrong each time you said you wouldn’t post again until the sale, and you had insider knowledge on that one.
Hi LetItBe,
The war clearly impacts even if it’s just to reduce the potential number of suitors. There have been claims on here that the war is as good as over, would end by May, July and more recently November, USA, UK and elements of Europe are now rearming Ukraine. If Biden wins support for Ukraine will continue, if Trump wins he has gone on record saying future support for Ukraine will be in the form of loans, which to my mind implies that he foresees an independent Ukraine capable of repaying those loans?
At the moment it has become a creeping war of attrition with Russia making limited gains, but at the rate of advance it’s increasingly looking like a long drawn out conflict.
Russia has now responded to the USA vote to use seized Russian assets to fund Ukraine by saying that it will in turn seize European assets. Does that put us at risk?
Something is happening on site, contrary to previous RNS releases, but we have been left completely in the dark.