SP8 0.00% 0.7¢ streamplay studio limited

In the midst of this relentless criticism and bitterness perhaps...

  1. 362 Posts.
    In the midst of this relentless criticism and bitterness perhaps you lot should have a look at what is happening in Egypt.

    They are at the beginning of the second stage in their revolution. The Islamic party are going to win the very long election process. The army are going to try and hang on to some sort of over riding authority control. These two things are incompatible. More fighting to come. The military will have to pull back or they will have to spill blood on a Syrian scale.

    In these circumstances there is no way GIP are going to get debt funding for Abbu dabbab.The potential funders have demanded that the economics of the small scale tin project be proved. 6-9 months. This may well coincide with a conclusion to the political turmoil. More waiting and crossed fingers I am afraid.

    FWIW, I am against any more cash for directors......bung them some 10c options instead
 
watchlist Created with Sketch. Add SP8 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.