regvarny6 Apr 2011 18:11
Bad attempt mate
31/1/2011 £700,000 remaining plus and additional £500,000 granted = £1.2million
Amount remaining on 31/3/2011 = £490,000
Money spent moving SERL forward = £355,000 per month.
The 4 million was and initial loan from ages ago -
Money generative - NO, not yet, its not intended to be so for some time - thats the business model.
Please, if your going to attempt to post bear points do so after some basic research.
Bear points - The SERL process may fall through, where does that leave us? Well we will extend the loan or issue more shares to progress further. if that happens brilliants, b ut this then becomes a long term plan rather than a short in - out get back in