GRRR, Iran and Israel have the EGP impaired
when Red Sea shipping plummeted...
which puts the large cash held basically
in trust valued lower until the war ends...
moved to assets held in accounting because
it guarantees Egypt contract completion...
GRRR and EGP are both longer term
speculations until war ends...
Uuuhhh, Egypt will be a big corridor for
rebuilding when the insanity ends too...
GRRR is a very complicated play...
large impairments of accounts receivable
aren't all related to Egypt from 20F filing
read and really suck...
20F filing also gave little backlog info
or guidance on any future potential of
pipeline contracts which limits the
future valuation outlook...
any pos can bounce...
So we watch...LJ
Gee Beav, rithmatic isn't usually this hard to read!