Dapper - I am with you buddy. Fact is, this is nothing more than a shell company at this stage. Hopefully they can stick another asset in this and go again. Ukraine is dead. The plant processes only our gas so the purchase of the plant has been a $3M waste of money now there is no gas flowing. There is a slight chance they can get a JV partner in but that is less than 5% imo. Most likely this will simply be a rusting piece of steel and pipes polluting the Ukraine landscape in 2 years time.
I suspect they are not communicating because they are hunting for a new asset / funding and until that is done they have nothing to say. In the meantime, they simply do not want to be yelled at by disgruntled shareholders.
At some stage this will just be a massive tax write off for investors.
Dapper - I am with you buddy. Fact is, this is nothing more than...
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