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They say That Every Month .....
Curzon Energy PLC said Wednesday that the exclusivity period for its reverse takeover by Poseidon Enhanced Technologies has been extended by an extra month to Nov. 1 while the companies continue work towards a definitive agreement.
Could someone please tell me what has happened to my CZN shares, I use ii and my shares where in my portfolio and now they are not.
I have a fair amount of money invested into this Share and my CZN share and my Money are no longer displaying in my ii account.
Thankyou in advance for any information and update.
Only saving grace is the astronomical gas price and the fact PET has been able to develop its technology in the interim at a time the world has pivoted hard toward the solutions PET brings. You might find yourself holding an absolute uber bagger when this deal is done. All the regulatory / listing documentation stuff has probably dragged everything out be hopeful we see a proper RNS next month.
I don't think there is a limit provided the company continues to report finances to the market and operate correctly under LSE rules.
I can tell you one thing for certain - All these extensions are starting to get bl**dy boring!
Is there a maximum number of extensions permitted before a decision one way or another has to be made? How long can this go on? Maybe go for a 3 month extension and ensure it is sorted!
with the loan extension to the end of Sept, does this mean we are nearly there? looks like a PET deal is nigh and this stuff is indeed big business. INEOS have lots of press out there in developing these technologies and see the entire petrochemicals sector shifting quickly for suitable partners or companies to buy out.
https://www.londonstockexchange.com/news-article/CZN/2021-interim-results/15131791
Another extension……is this good news that things are still progressing or bad news that no agreement has been made? No choice but to hold as suspension continues!
§14,000 A Pop ..... Shocking Performance Since Scotty Took The Reigns !
Deal Across The Line Or Another Termination ?
To be fair, I think our Board already have. NOMAD should visit CZNs offices to check. PS. Thanks below, been so long I forgot where we are listed.
At least we now know natural gas is part of Biden's hydrogen hub strategy - blue hydrogen allowed. Extract the hydrogen (byproduct in usual refinery process) and capture the carbon.
Thats another month of waiting for .....nothing.
I hope the news is spectacular when it finally arrives, although I may have died of old age by then!
Yes I'm also unclear how long they can stay in suspension.
By the way although you would think they are an AIM listed company but they actually aren't.
https://www.lse.co.uk/rns/CZN/admission-to-main-market-and-first-day-of-dealings-u3z94qwwjfdx9c4.html
Don't know but I think our hardworking BoD is about to find out. But does it matter? Can't trade the shares anyway. My question is, how long can a company not give shareholders a proper update according to AIM and FCA rules?
I know this is a horrible thought and question for CZN shareholders but how long can a company stay in suspension before they get delisted?
Only one more day to complete the usual copy and paste exercise ;)
Gas now $4.40!
I really hope you are wrong but the BoD don't appear to be doing much to move the RTO forward. It would be nice to get a proper update on progress.
Thought if I posted it might save the company £200 in RNS fees.
Worth It ,Or Draining It ! Cut And Paste For Years Pays Well !
Scotties Earning
2019 ===== $ 103,449
2020 ====. $169,330
Cut n paste RNS. Disappointing. Lets hope CZN directors are actually working.
Oh FFS. Another extension!
Only a couple more trading days of the month with the PET exclusivity extension due to expire on the 1st August.
PET website has transaction with CZN to complete mid-21 so hopefully we can all get motoring without constant extension.
Curzon's CBM Project economics must now be looking outstanding compared to 2020. Wonder how the conversation might've changed regarding valuation. Bet SSSSSSSSIG is kicking itself for dragging its backside through the bog for months.