Some specifics around timelines given there, which is good they can be held to account. Well written presso, aggressive targets, good to see. Mr & Mrs Market are not convinced. A few disappointments for me, among them being how they ended up giving such a huge discount? I know some here are spinning the timing as impeccable, for me I am a bit sceptical that they did the CR whilst they are so close to SAT, they could hsve waited if all was under control. Some are arguing overall market drop, I dont know if the Pivacs knew the markets were tanking beforehand?
First page there about de-risking completed, I find it a bit misleading that they mention that engineering assessment and recalibration is underway, yet put this a de-risking completed? Completed means it's done and finished!
That the money is for general working capital is also disappointing....
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