hegy16 Jan 2015 01:10
If they get the equity raised for the Avonmouth project then it will be game on. I know they are making a profit on corde but 50% of £0.41million per quater is going to give them circa. £800,00 per annum profit. I like the fact they are looking at all funding options, including the sale of corde, as this will help with negotiations on avonmouth releasing funds, plus they are reluctant to issue more shares unless pushed. We saw last September the directors putting in circa. £600k for shares at 7p so i would hope to hit that if funding sorted. If they/we don't get a dividend, due to other parties ,i can see this being the catalyst to partly or fully sell corde and the capital used for avonomouth especially if a partner found. They also have a proven track record of building these type of projects but still many ifs and buts hence the sp decline. Need to have some meetings with some Chinese investors after their trips to the whisky distilleries !. The way in which they have cut costs has also been admirable and the language in RNS's sounds supportive of their share holders especially when compared to other companies. Anyway well done ronnie, best snooker player ever now official.