Wonder what happened to the Colas rail project as they where hoping to do away with gensets by 2025. It would also be interesting to see what the man who operates these units on the ground thinks of them.
RE: Saudi moving to renewable ....12 Feb 2024 17:08
I know what you mean Melvin, but feel this time Bond around Bond is in last chance saloon. Cash burn is circa £15m pa so another year or so and we are out of cash and back to the market place. We need sales sooner than later.
My only concern here is, are they going to be in a position to self fund when the current cash in the bank runs out. Raising funds at these levels will destroy any shareholder value.
I think the validity is reflected in SP and even more so in this joke of a JV, so what more evidence do you need. Anyway, truce called until the Mast argument is settled one way or other via a RNS.
And if you do have anything to sell I would do it now as it will be 0.0425 very soon. Just look at Kibo/Kat to see what the Louis Coetzee effect has on a business. Another thing, if this is so cheap why have not the directors not loaded up.