The Promoters have written to investors as follows:
"Based on current internal estimate, using the lower end of the EY project rights valuation and the
relevant balance sheets at 31st December 2024, investors may recover approximately 90% of the initial
investment ...." and adds that "Considerable work is needed to bring the project to the point where project rights can be sold."
This seems to be some good news for worried investors who had feared that they might lose most or all of their investment,