RE: Bmr just a idea30 Oct 2024 00:20
Idk.
Ronnie Pickering has a hot take, but I'm inclined to side with their sentiment, despite the course phrasing.
Everyone's had enough of this, now. The purchase of the mill was a massive, unnecessary faux pa (the thing will be out of commission by this point), the sale process has been a complete failure, and the ability to crystallised any interim value or drum up any interest has been non existent.
I stand by my countless reiterating that this is a binary, 5HIT OR BUST investment (I.e. it'll either multibag or flop), but the meantime has been dreadfully handled by the company.
AGAIN, we could wake up to a £1 distribution (assuming anywhere near an 800m NPV, that shouldn't just be possible, but LIKELY), but then, the countless failures to achieve any measurable success at all is just mounting up, seemingly with no end in sight.
Mark, if you DO read these boards - we've established that this isn't a traders share, or a futuee value one, for that matter - but an all or nothing sale. Do your bloody job, and wrap this up once and for all so we can all move the eff on.