Weekend research - Near term news, page-64

100%, if you read through the media in Czech and EU-based publications it is very clear that, in most instances, the CEZ spokesperson says that 'the minor project partner (EMH) that is developing the feasibility studies is experiencing delays'. They are not owning up to the delays, instead they are throwing EMH 'under the bus' as the party experiencing delays.

What CEZ are doing right now is crucifying and devaluing EMH, that is clear. CEZ are continuing to shift the goalposts constantly, that portrays EMH in extremely negative light, SP suffers, KC looks like a clown and CEZ gets in a materially better position for the anticipated takeover.

Just last month, KC (for the very first time) brought the takeover idea up, in that last interview, that 'CEZ takeover is not out of the question, but will be to a major benefit of the shareholders, if it was to be considered'. What that means to me, is that EMH/CEZ are prepping the ground for the takeover, simple as that, why else would KC start bringing it up randomly?

The puzzle pieces are falling into place, unfortunately not in shareholders favour.