Could they even publish a financial report before receiving word from the Calders agent? It's early days for their put options.
It would only affect 2025 but now that they've added the scary note once, they are expected to update it.
They could and they should have. They are actually late and will be fined for it by UK authorities. They could because the financials we are talking about are for 2023, not even 2024. And the next investor share put option is Q1 2025 anyways, so that should not impact financials already known for 2023.
They are nevertheless likely waiting for the formal investor´s decision this quarter in order to add their own spin to the auditior´s comments to the 2023 financials, like they did last year.
The fact the blog is late can also mean they are simply finding it difficult to square the costs vs sales equation for 2024 so to come up with something that can be spinned somewhat positively for the community. The worst case is that they have a few pre hashed scenarios depending on the investors decision. Which would be bad and mean that CIG is probably planning to misrepresent information, eventhough 2024 financials should be strictly independent from any 2025 Q1 put option decision. We´ll see.
And if the UK financials are even more late it can also signal that the discussions with investors are probably protracted.
The numbers in the blog don't need to be audited, I guess, but they should match.
They dont have to match at all. In fact they dont since the UK revenues are much lower than what the tracker says to start with. The tracker includes alleged revenues from US companies aswell. From the moment the UK filings include elements coming from a relation to overseas companies whose financials are not public, they can do whatever they want.
The only things CIG really need to match to continue bamboozling the community is the non audited tracker with the non audited blog. And those are whatever CIG wants them to be so
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