Wednesday, January 23, 2019 12:48:04 PM
I live very close to the Sawston site. I’ve visited the site and had a tour inside Advents labs and the complete site, including the fishing lake, other buildings and the agricultural land etc. The 17 acres retained are across the road from the rest. Would have little or no use to the Chinese as it’s likely going to end up residential (subject to planning permission being granted) and would not fit with the Chinese plans on commercial development. The Chinese did not buy this as a property investment but rather to facilitate a commercial investment in the U.K.
This 17 acres is not the location of the toxic land....confirmed. It’s too near to residential areas ever to have been toxic. With planning permission the value per acre is likely to be around £1m - so a potential future source of around US$25m. The Sawston deal is a great deal and has delivered enough cash for several months but sadly not reflected in the share price for reasons I’ve already mentioned.
I don’t see any value in asking this question at the ASM as it’s only giving Mgt a chance to divert attention away from the more challenging questions such as the one you posted in referring to our conversation (re SP/Manipulation etc)
With cash in the bank and overwhelming evidence why are Mgt not going after those parties that are determined to destroy shareholder value by illegal methods. If they plan to go after these guys then frankly I don’t think it’s going to come as a surprise to shorties when it’s filed.....the element of surprise left the room when the remote control kept changing channels. At 24cents we have little left to suffer.
Good luck IkeEsq you have a tough task but I believe a determined set of tough questions (3 or 4) asked by a large pool of investors has more chance of success than a wide selection of easier questions covering a broader area.....
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