going concernI just checked it in the financial report and the company plus its auditors have skipped the "going concern" warning unter number 2 "Basis of preparation". It used to be titled "basis of preparation and going concern" for the last 2 quarters.
So imho this means that all funds are now allowed to reinvest in Trevali. Even more so as the last 2 quarters were unaudited reports and this one is audited by PWC.
So thats a good news. As mentioned before I dont expect much upside or downside today. Good news (cash flow, lower debt) is about balanced with bad news (end of Santander in 2021). But in the next weeks and maybe 2-3 months we will see the "old" shareholding funds who had to sell due to the going concern/insolvency risks buying the shares again.
So imo today could end with some fluctuations but maybe flat after all. Also depends a little on the telco of course... But I m optimistic for March, April, May.