Comment23 Dec 2024 20:59
I have spent the last three days reading all here and on Telegram.
For what it is worth as I am very heavily invested here, this is my view:
Whilst I have a great deal of caution regarding Lenigras, I have been an investor in other companies he has been involved in, he brought in Lunn who seems to have got to the bottom of the accounts debacle. We now await the snails pace of auditors.
Yes he has loaned the company money and wants it back, but he stands to gain FAR more if the deal is completed satisfactorily as planned.
I suspect he has challenged Evans as to why he has released the RNSs which are now seen to be deceptive. Evans has walked as his position fronting this mess is untenable. I am sure he (and his wife) want to see this resolved profitably as do all of us.
Whatever you think Lunn could do, it is not in his LONG TERM interest, and we should give him a chance.
To me, the appointment of a respected CEO soon will indicate he means business….he said “ announced” not “ found”
Ask yourself this: knowing that there was trouble at ‘t mill, why did Evans do a quiet deal to raise at 12p. That guy who identifies himself as Jessie on Telegram must be a bit peed off….. having spent £120k, and he's gone quiet over the weekend too.