RE: Secured The Future6 Sep 2023 10:21
The first of several big RNS’s expected. Very interesting to see that many ‘get rich quick’ punters don’t seem to have any idea what’s happening here. If you don’t get it, then it’s clearly not for you.
Ducks in line, focused and incentivised team, short term financial security, entering profitability, JV looks nailed on (changing to full buy out on milestones IMO) and further savings to be made.
This RNS doesn’t just reflect COPL’s thinking, it’s the first tangible outcome of negotiations. The JVP will have wanted to see a restructuring to ensure stability and display integrity. It’s been given it.
An extremely positive RNS, in my mind, and one that I’d been hoping for.
First box ticked, it’s started.
Please DYOR.