RE: Yellow Jersey18 Feb 2025 10:59
@del - my vies on your points are below. Not everyone will be in agreement but just my take on it.
the Astana listing is a short term goal to increase liquidity and they want to achieve this asap so I donβt see why they canβt give us an update on that - maybe things are changing quicker than they anticipated and they're waiting on more clarity before pressing the go button.
They were also looking at various legal alternatives of how to structure the asset sale and will report on the option theyβre proceeding with as they arise - the option they're proceeding with has not been decided yet so nothing to report
CS said he is always looking to minimise costs & potential dilution so an explanation as to why he keeps extending the 26p warrants and in what way this will benefit us shareholders would be appreciated - to me this is a good thing and imo it has been a request from the warrant holders. They must see potential upside by requesting this.
CS stated βtheyβre not waiting for events and are getting on with doing the jobβ yet now heβs not updating us because heβs apparently waiting on events! - imo this is because events are now moving much more quickly than they anticipated.