RE: Malcy's Blog For Today20 Sep 2018 09:50
Rpoodle - you are normally very positive on RKH, as am I. I did not appreciate seriousness of cash position. Even with good result in the arbitration there may be a delay in receipt of the cash. In such a case what are the options aside from going to the market? Bank borrowing (unlikely obtainable without a positive FID), farming down/selling med assets (will anybody be interested in such small scale) - I can see other alternatives.
If FID is taken, with a go-ahead decision, I think RKH will go to the market if necessary maybe with a placing to tide us over.
The question you raise is one that Sam should NOW have an answer to. When is his next public appearance?