There are still plenty doubtsOver this USD $1.2 billion payment to made by Venezuala. Most people across the world know their state and how they are suffering from cash crunch. If this payment was to be received from some US based company, the stock would have been trading at $2+, but since its Venezuala there is high risk associated with this and we are seeing cap on stock. Pumpers and bashers will keep flying everyday across venture bullboards only when any news comes. Also folks remember, this company has no revenue and no producing property as of now, only way to value RML is based on today's news.
I don't what will happen if Venezuala decides to not pay this fine ? Why would IMF pay if Venezuala can't pay, so lot of unaswered question still remaining in air.
Good day!