The director was buying thinking he would get a finacing deal done, simple as that.
It was at time when the share prices was in free fall post the SK fiasco.
2.8c today on an up day. Clearly the market thinks this thing is going to go bankrupt. Still no announcement from KEB extending the loan (although with SK extending the guarantee you would think they would extend).
Even on an firesale of assets in wind up though you would think 2.8c would be easily achievable. Surely someone out there wants a PCI coalmine.
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