RE: West Newton 2021 Costs14 Jan 2022 11:01
G.P...whether the spend is £20 or £40k per day is pretty much irrelevant. That RBD is hemorrhaging money at a substantial rate is beyond doubt. Any business ('worth it's salt') does not wait until that last few weeks before it effectively runs out of money, before either returning to the market with a placing or obtaining loans from other sources.
I guess when news does come, there will be a number of RNS's within a short time frame, with one very relevant to the possible future direction the company intends to take. The wording of which will be crucial to the acceptance or otherwise of those not too heavily financially involved already.
Not long to wait in my opinion and OMO as always.