Proactive presentation….22 Jul 2022 22:57
So finally home and watched the presentation. A couple of points more than once believe me. I stand by what I said this afternoon after the first time of reading the RNS.
I’m not going to go through it blow by blow but suffice to say if this step was needed then the 2-3 year term with cash payback is fine. Future warrants yeah… nothing is for free.
What the clowns have failed to understand is the London based institution that has underwritten this are significant holders… who will have been given the fundamentals of the RS report. They have facilitated a cheaper bridge facility in advance of the RBL. The provenance of this loan highlighting the confidence to any potential RBL company.
I think strategically its a great move…
Just for the record I am ****”d that the price dropped today. Really ****”d that scum have been feeding, lying and gloating.
What I am concerned about most are the people who sold today who panicked after not really understanding the info… do I think there is a coordinated group who sell on every update good or bad… yes I do… the question is what can be done to sort that problem out.