RE: Rns today2 Sep 2025 12:13
Hi Hedgehog,
The guidance we have from the company is September.
Unfortunately, that doesn’t mean it will (or won’t) 100% happen in September.
So you get these scoundrels playing on that fact.
It is true that there have been many many guidances missed.
The only thing you have to ask yourself is do you think this is going to happen?
Me, personally, fairly confident it will.
Would I bet money on it happening in September? I’m not sure that’s a good bet.
Why?
Because at the very last minute, they could be any number of things which crop up and need to be dealt with.
Would I bet against it happening in September?
100% NO
Why?
There are too many clear evidences that this is happening, and no reason to believe that there will be deliberate delays.
There are two things I’ve been a bit nervous about.
1) How long it would take for the second bank to sign off (done)
2) what is happening with the Ethio Prefs.
We have no income, so if we do need money, there will be a raise - lose 10%, make 200% (initially, followed by many more 100%’s)
So I am not worried about raising money to keep the lights on. And the stage we are at, I think it will be less problematic than at other times.
To sit here and categorically state that there are delays there will be delays, that the company wants delays, or that there is no chance of this going ahead, is indeed A LIE.
Hope that helps…