This situation is a Quagmire for every one involved.

" The project is being financed via a mix of debt and equity, with Bahamian investors set to have the opportunity to subscribe for a collective $25m equity stake via an initial public offering (IPO) that it is understood will launch immeniently prior to the christmas"

Thank god the IPO was negotiated before the new government came to power, To my recollection there has not been a single IPO launched under the PLP.

While it is true that Junkanoo beach will loose some customers. Clarity is needed on weather Royal Caribbean will allow only exclusive access to their PI beach club for their passengers only OR will they also allow the other cruise lines such as Disney, Carnival, Virgin or MSC, Crystal passengers to have access. I think not, so junkanoo beach will still have good business .

The forth Covid wave which is presently in Europe and is projected in the US with rising cases already starting to rise in a few dozen states, will have a negative effect on many economic predictions.

thanks

DonAnthony .....with your expertise .....Can you shed some light on why FCIB share price is more stable and is as high as 11:30 today on BISX and Commonwealth Bank share price fluctuates more and is as low as 2:55 today even though both Banks have experienced the same effects from customers during the Pandemic?

Wireless technology has evolved to the point where a third licensed mobile operator with a total wireless infrastructure would eat Aliv and BTC lunch price wise if they enter the market. Just look at the many startups in rural areas around world where its not possible to run cable (fibre) lnes

After five years in the mobile operator business and gaining 48% of the mobile market in the Bahamas. Aliv can immediately hit profitability if the company parent can make the decision to go to the bondholders and give them option of converting the value of their bond holding to ordinary shares. Aliv is here to stay and depending on the uptake from the offer, Interest expenses would be almost totally eliminated or substantially reduced. With profitability on the horizon, many bondholders would jump at the chance to convert to ordinary shares which represent ownership.

Every year less than ten percent of the investments he predicts come to market. While it is critical to get capital into cash-starved Bahamian businesses, especially small and medium-sized enterprises (SMEs), More emphasis needs to be placed on educating the investing public about how risky iinvesting is.

I beg to diiffer...... The $23.8m loss for the first nine month was concentrated in the sectors of the economy most impacted by the pandemic, namely the hotel and leisure sectors... We know CB in the leading local Bank in consumer loans. We know most Bahamians live pay check to pay check. We know there is a high percentage of Bahamians who have a poor credit history. Combine those factors with the Pandemic and Dorian and get that kind of loan losses.