The sunset in the first scheme was September (I was told, I did not read). Did Scheme II keep that as September. I, tongue in cheek, said this is looking more like a Cabal option to buy Zenith. And the option includes all EBITDA from 1 Jan 2020 to when they pick up the option. To date, they have received $15 mill EBITDA into their pockets without even owning the shares. Well, they get the $15 mill as soon as their option is exercised.
We await the independent valuation in these "terrible and troubling and uncertain market times". I guess the next con job will be a pointing to POG falling the last month. It has gone 2700 to 2500. But since Jan, still up 2200 to 2500.
The market is in a kind of sweet spot for Zenith. Bouncing back, so PPA clients will get itchy to sign on. And POG still well advanced to encourage existing clients to produce as much as possible. (did you see strong GCY resource upgrade?; I kind of have given up posting as it seems the bouncing market and/or Zenith strongly performing clients and/or Zenith actual earnings and/or strong POG have nothing to do with the Cabal's offer price.
The sunset in the first scheme was September (I was told, I did...
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