RCR rincon resources limited

Ann: Trading Halt, page-6

  1. 20,810 Posts.
    lightbulb Created with Sketch. 4530
    It said most of the solar projects were now “more than 96%”complete .
    And the company still had $57 million in its pocket (although maybe one of those went to Dr Dagleish?)

    End of year order book was $1.7 billion ..but the update indicates extreme loss of confidence
    - some orders were pulled after the suspension ?
    -delays in others
    - people think it’s too risky so it’s trying to build up alliances (presumably with the people who want to either buy it or squash it underfoot or both)

    Hmm.
    So how many orders have they actually lost ?
    More than a billion dollars is a lot to be starting off with ...
    Last edited by sabine: 12/11/18
 
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