RE: £1.5m27 May 2025 10:28
I think it’s 2 fold, Surety.
I believe you’re right, and an OnShore deal of some sort isn’t too far away, but I also expect there have been significant cost cuttings in the last 6 months and that the cash position is/was higher than many suspect(ed). All supposition of course, but I don’t think the BoD would feel the need to publicly go into specifics about where those costs have been cut, or by how much, particularly with negotiations being carried out on several fronts.