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Re: valuemind post# 113106

Friday, 05/17/2024 1:02:31 PM

Friday, May 17, 2024 1:02:31 PM

Post# of 113359
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!

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