Cant help but agree with you @WatfordLad.
PPSA has dragged its feet , large investors wont come near us until this is signed.
I do think that the ZIM gov has dragged their feet - mainly because they haven’t been aware of how/what any sort of credible PPSA looks like - hence them joining and partnering with all the advocacy groups within the last 6-8 months.
The realisation that this is actually on their doorstep and they need to get it right…. Or they could lose out on $Millions if they get it wrong (and someone’s pocket gets lined instead).
The PPSA will be heavily scrutinised by the entire investment sector worldwide as an indication of how the current ZIM government are actually conducting their business.
Likely a case of “old school” backhander politicians being met with resistance from the “new order” and trying to negotiate a path between the two….
Finding it hard to commit more $$ to the cap raise - especially the way it’s been handled for shareholder investors - though dont want to see the company fall short and need to re-raise.
Am pretty confident that the left-over will be snatched up by the Soph’s that have currently manipulated the SP.
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