RE: Latest Update12 Jun 2018 12:40
rorker
NR and DL really are water under the bridge though. The cost of NR�s legacy has been paid, as we can see from that pre-tax loss of over �5million. It was more than I expected, but it was a once off. Things are being done properly now. The forthcoming closure of the London office is a particularly good sign. The previous BoD clearly enjoyed having access to the London business lifestyle. We paid for this in two ways - bloated G&A and inadequate communication with, and therefore oversight of, those working on the ground in T&T. Why are folk like me who might want to invest not yet invested? Maybe they are just waiting to see everyone�s expectations better aligned and managed. LK certainly seems to be reining it in a bit now, so it will be interesting to see what is in the Q2 update and the accompanying �medias�. Rugby might be right with his �anybody wanting to buying in at less than 5p has less than 3 weeks�, but I wouldn�t bet on it. By the time LK finally does his deal, big or medium, corporate or assets, or, failing that, by the time the Year of the SWP rolls around, 5p could look very cheap indeed.