RE: Next Week8 Jun 2024 14:41
I've never ramped or deramped. Just really frustrated with the board.
I don't at all believe that the assets are worth less than they were before the war.
In fact the assets are worth a lot more because of the urgency regarding climate change and green energy. India is currently experiencing the worst heat wave in their history, China has had floods, Dubai had perhaps worst floods in recent history.
The importance of green energy transition is of utmost importance and paramount more than ever in history.
The works has changed and the West are no longer the financial power. The board did state that the buyers will be BRICS nation or likely BRICS nation. It could be a consortium involving Saudis, Qataris, Japanese, Indian, Chinese and
Russian.
I believe the deal has taken very long due to the massive complexity
Having said that... This might just be all hype and the board are incompetent and useless