RE: ZULU Sale, or will it be Loss.....9 Nov 2021 22:38
I did say, the Gov had told GR that he had two years to bring this into production to generate income for their majority holding.
I was hoping he did in a back of a JV and that an agreement with Gov re tax break + retention of some income for their majority share to hopefully repay part of the Gov 20ml debt for their share of costs.
They are desperate for money, if the asset is that great, it’s only a matter of time until someone approaches the Gov and buy their debt + share of the company for a large slice if the pie, leaving Gr high and dry ;)