Once re-structuring news confirmed and Finance sorted we could see +31p and then even maybe to the same level where Enq is currently at like before1
They have to release another RNS either Tomorrow or Wed morning confirming it has been paid will it then relax the investor's nerve and should send the sp up to +15p
The RNS does not mention anything about the $15 mil due having been paid or not!
Bond payment is due Tom. so we should get another RNS maybe.
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional rights. [link] A collapse in iron ore prices as well as the impact of Ebola has also seen the closure of the country’s two flagship mines, a calamitous double-whammy for the economy. The missed investment is a sore blow for a country still struggling to recover from the impact of a 1991-2002 war that killed 50,000 people and destroyed infrastructure nationwide.
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional rights. [link] “The reality is we need to reignite the private sector after Ebola,†says John Sisay, president of the Sierra Leone chamber of mines, who says visits by bankers, investors and analysts have all been put on hold for months.
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional rights. [link] But while the west African country has yet to get the all-clear from the World Health Organisation — it needs to be Ebola free for sixty days — this week government ministers and a string of Sierra Leonean business leaders called for fresh investment to restart the battered economy.
News from SL (Yahoo); US military is now scaling down Ebola operations in Liberia / SL as the severity is now declining and this could result in re-investment into the area.
I think the Financial plug hole of £200 million that was mentioned could be due to the fact that since the sp crashed there has been 200 million more sells than buys when SL dropped out.