RE: Mast interview4 Mar 2024 01:37
Itisagame, please elaborate on your figure 2.5million of liabilities for mast energy.
“”Following the Partial Settlement, the Loan's remaining outstanding amount owing to Kibo is £762,535.””
I am only aware of an outstanding debt of £762,535 to Kibo energy. This was the figure after a shares issue in October 2023 reduced the previous balance. At this time Kibo owned 57% of mast. This has been greatly reduced since to 37%, maybe even lower following last weeks sell off.
Kibo are clearly in trouble but their strangle hold on MAST is reducing all the time.
If only we could get rid of Lc’s annual drain £130k plus salary..
Good week ahead, news should flow now following last weeks announcement. Great to get pyebridge producing again.