It looks like people are not reading the company announcements carefully and getting restless. We all agreed that the new tax structure is required before sales begin. Now look at this announcement from 30/09
Bioeffectives® Production and Russian Operations Enhancements to the Tomsk production facility outlined on 3 September have proceeded according to plan, and the Bioeffective® R (polyprenols) production plan presented by the Managing Director of SibEX, Mr Alexander Kurganov, is on track. Formal documents confirming Solagran’s participation in the Tomsk Special Economic Zone with its many benefits including an attractive concessional tax regime are still expected to be signed by the Russian Prime Minister in October. However the company has now received documentation from the SEZ authority that will enable the Russian end of its international corporate structure to be finalised.
Note this paragraph
Implementation has begun and Solagran’s advisors have indicated the entire structure should be operational within eight weeks.
So we should be ready by the time of AGM.
SLA Price at posting:
23.1¢ Sentiment: Buy Disclosure: Held