I think I read in the half yearly report that they need to finalize the shortfall by the end of October. Following this they need a new contract to generate positive cash flow. If one or both of these conditions are not met, I am sorry to suggest that WRG may go into voluntary administration around Christmas. I get this impression from page 14 and page 9 on the half yearly report. They have the technology but even the best inventions don’t go anywhere without cash flow.
I am hoping for the best and want more than anything for this company to succeed. I do hold a large investment and will keep holding for now. Panic among investors will do nothing to help the situation. Choices are to get out now and recoup what you can or hang on for a roller coaster ride that will end in joy or despair around New Year’s, are my thoughts.
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