RE: Great Interest7 Apr 2021 11:38
HITS, spot on!
I wonder too how long it will take before shareholders get furious with this can kicking down the road.
Really, there is no excuse for the funding deal (if there is one) to take this long to close. Funds were going to be drawn back in January, remember?
IMO, there is no funding commitment for £12 mil, soft or otherwise. I think they are still trying to find investors ... unsuccessfully.
If the £12 mil was available, the solicitors will work round the clock to close the deal, this is how these issues are worked out, no way it will take this long.