Capital Raising. Unfortunately it seems I might have been right again that the SP was being sold down over the last few weeks prior to another dilution to sophs.
Today is end of May, so we can probably assume that the ECIC/Nedbank due diligence failed because this was supposed to be done in May.
Anyone care to speculate on why the DD has failed?
If it has, how the project can proceed with no insurance for the plant?
TGS Price at posting:
24.0¢ Sentiment: None Disclosure: Held
