Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Up 12% on 157m volume - not bad for a Friday.
Shows positive intent for next week as we head north to 1p +
Very nice for a Friday and gone into an extended auction at the close. Getting ready to nice upwards moves next week.
BUY BUY BUY!!!! we are going north to 1p and beyond.
GarryGraham - how is the Charlestown deal a first step to dilution bearing in mind the conversion of the loan and Warrants are both at a premium to SP?
A share consolidation, per se, is not dilutive.
This is just more Timid Trolling trotting out the historical information and suggesting history will repeat itself. Yes it can - I expect the SP to advance in the build up period and it will almost certainly fall if thereās a duster- who would disagree with that.
If, however, the drill is ultimately successful, history of scenarios involving other companies, not CEG, suggests the SP will boom spectacularly!
The above 2 scenarios are the crux of buying shares in an Exploration Model - your dilution suggestion is pure tosh !
@Max āthe neutral traderā throwing his toys out.
Perma-poor behaviour.
Since I invested, SP has moved from .045 to .16, farm out agreed with global super major, and now a Ā£1.5M strategic investment.
If this is a ādead stockā to you, then itās no wonder youāre underwater.
See you in a year š«µš¹
Up 10% with over 135m volume and ticking up as we go into the close. 0.16p - 0.165p atm.
The trolls are defeated as this is going one way which is NORTH
BUY BUY BUY!!!!!
The news has been getting better and better and it's amazing they have secured this as most people have lost hope it's finally waking up and surprised it's not received the rise maybe because people do not trust the consolidation which is rinse and repeat hope it's wrong on this occasion as the mega news is incredible.
It's all there to see if you can be bothered to wade through JohnBriggs de-ramping tripe/records...
Attract meaningful investment, LOL. That's what Willec was saying after the last consolidation... it's all there to see if you can be bothered to wade through his ramping tripe/records...
Here we go yet another tick up - heading north to 1p +
50 for 1 would be good here as at the current share price of 0.15p large institutions are not allowed to invest.
As a result of this at the current prices we will be 7p per share which will encourage more investment opportunity. Also I would say at the moment 10.39bn shares are in issue which is not healthy and after this we will have 207.8m shares in issue which is a lot better.
Ā£1.5m unsecured is not insignificant, companies just don't do Ā£1.5m unsecured unless they are confident on two things,
1) the money is coming back and
2) there is significant potential upside
As for a share consolidation, you'll never attract proper investment with this many shares in issue. IMO the consolidation is not alarming in the slightest.
Reading through the latest RNS, I am surprised everyone is making a big deal about it. Unless I am mistaken, CEG will receive a loan of Ā£1.5m, which is convertible to shares upon request at a shallow rate. It's a 12% short-term business loan with stipulations that 50% is spent on Block 3, and the rest is working capital ( B.O.D.'s salaries ). Ā£1.5m is hardly a significant sum of money, and one of the conditions that should alarm retail investors is 50/1 consolidation. Rinse and repeat all over again. In his last video, Eytan said he had no intention of diluting the shares again. Well, this looks like the first step towards doing so. Consolidation and then share issue, consolidation and share issue. Also known as rinse and repeat, rinse and repeat. Age-old format for low-cap AIM companies, which is tried and trusted to raise monies for the directors whilst rinsing the retail investors of all their monies. GG
All of your observations and ideas have no basis or rationale JB except to vent your spleen against BPC.
I would remind you that despite all your incorrect dialogue about BPC/CEG failing as a company in The Bahamas - They did succeed in raising monies against all the odds and did succeed in drilling a well against all the odds.
The ONLY failure they had was not hitting oil.
Well my friend that is oil exploratio0n for you and AIM.
Get over it and realise that you backed a duster.
Your fault no one else's!!
IK
Probably as misconceived as 99.9% of your observations and ideas, IK.
There's no demand for anyone to pay more - end of.
Still no answer.... LOL
Lots of buying over last couple of weeks but price struggling to move much higher.
I wonder if someone who is going to get 8%+ of shares @ 0.00168 might have a vested interest in suppressing the price until deal signed sealed delivered etc?
GLA
IK
P.S. I did mention a whale in the water a few days ago - could be related to above observation?
Www.malcysblog.com/2024/04/oil-price-challenger-petrofac-i3-and-finally/?_gl=1*wf4dk1*_up*MQ..*_ga*NTg5OTA4NDU1LjE3MTM1MjA0Nzc.*_ga_7W1EBHDKV6*MTcxMzUyMDQ3NC4xLjAuMTcxMzUyMDQ3NC4wLjAuMA..
I've been asking why would someone who was really invested in the share continue to believe everything the company says and be their resident cheerleader over many years despite seeing every strategy fail, multiple consolidations, and a SP that only ever goes in one direction, and that's DOWN (even after consolidation it reached ever new lows).
I never get an answer to that either and can only conclude the worst as it makes no sense whatsoever
I always ask the trolls why they are here if they are not invested and these individuals are so stupid they can not even answer this question.
Good Bye then Max. See you @ Xmas. Yeah right, you'll be on here every other bl00dy day with your waffle. Why ? Why would you if you're not invested? Just like all these boards filled with Negative uninvested or underwater Max's. Go get a life or therapy.
ATB.
Na this stocks dead all this hype warning signs are flashing, oil markets are sending a massive warning too. This has 2014 written all over it. I will check back on you all end of year, I doubt a lot of you will still be here.
Except you Willec you will still be here leading people off a cliff is a career choice for you.
Charlestown* Energy Partners
Willec - Iām thinking youāre dancing the Charleston whist eating your Cornflakes!
........and now monies from Charleston Energy.
The instituations realising how big this can get - MASSIVELY undervalued at the moment and an extremely STRONG BUY.
Don't wish to be out over the weekend as people begin to catch on to how good this is going to be.
BUY BUY BUY!!!!!!