Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Yep my thoughts exactly.... RLD has been a forking huge dissapointment
Yeah all good thanks quinny. Another year down another bad trading decision haha :)
Will I have a Pension Pot to /$#% in?
Yep i'm good old chum, how are you?
Well in my opinion... Basically the board got a massive back hander... Kept all the money and are know dreaming up a new way to scam investors... Unless they care to prove me wrong?
N902 will probably tell you that it's excellent news Paidtosave, just like he kept saying he 'knew things' and to 'watch this space' etc. Reckons he knew it was gunna boom... Then they gave all the machinery and licences away for free... hahahahahahahahahahahahahaha
Quiet since 18th December... Good or Bad?
*Quinny (haha auto correct, bloody phone)
Happy new year Quincy hope you are well and having fun !!
Hi mate, good to hear mate. No longer have those login details after loosing my phone a while ago you see! Didn’t go all silent over there without a reason lol
Spary happy new year matey! Are CDL & WF still in here?
I wish them well, but I just can't see them being honest to investors.
Only £4k punt at 0.06 (at a time when I had faith), be nice to get it back to invest in a real company... But hey... What about you? Happy new year!
With 30k invested here... just hoping to break even... rather it not go down the pan
Sensible answers only ;)
I would probably vote against so that the fat man and his mates lose their money... I can afford to lose what I've invested... Better be a good deal for us share holders... But I doubt it! Our crap useless board only care about their own pockets!
one of my investments went through a reverse take over last year (OZM to N4P). Based on that experience: GSR will not come out of suspension because the BOD are proposing that GSR no longer exist and a new company is formed with a different business model. first thing that needs to happen is an emergency general meeting to get shareholder approval for the changes. Once/if approved then GSR is effectively delisted and the new company has to reapply to join the AIM. In the case of N4P the reverse take over process took 6 months. we, the OZM shareholders. were given shares in the new company based pretty much on the valuation before suspension. after listing we saw a spike as new investors bought in, followed by a sell off. which was probably original investors getting out. Question here with GSR though is how heavily will we be down when we come back after funds are raised for the reverse take over and working capital. Im so heavily down here that i might as well support the change. cant get any worse!
Any further information? The share to come out of suspension? An honest board? Something for investors to look forward to?... And so on.
I expect the 'new' company will be finding lots of diamonds... I'm sure of that! And I wonder who will reep the rewards?...
He's just moved on to the next con...
I agree in part... The key word is 'declare'.... When you have zero trust or faith in a company... Why should you trust their new project? Looks like another way to shaft private investors to me. I hope this new direction proves me wrong.
I don't post much on LSE but I too took a punt on this about 15 months ago hoping they would finally find (or declare) some big diamonds. Over the last few months I've realised that nothing is going to happen with this company and expected it to end up de-listing. So while I have no interest in wiring companies I am slightly encouraged by this move. I understand we are giving away what could be a very profitable diamond company and expensive machinery but quite frankly all they have found (should I say declared) the last couple of years are a few carats and it's been pathetic and I can't see that changing. This wiring company has SG $6m in Revenue, making a small profit, has clients such as Blackrock Singapore, deutsche bank, Singapore government etc and is working in a very stable duristiction in Singapore.that sounds a much better company to a shareholder in than a tiny Sierra Leone mining company that finds a few carats every few months. I am an optimist but just looking at it on paper seems like an interesting and potentially beneficial move for shareholders
I think we all knew this was coming, shame there's nothing we can do about it... All I would advise is that no one invests here or any company with any member of the board on.
Joey if only it was that simple but its not, it is much worse. GSR will give all there assets to local management ( inc diamonds cash and machinery ) for F A in return for a (royalty stream from possible diamond sales) note it is not a royalty stream from profits so they could make millions per year and pay us nothing We know what we are not supposed to know, that is they have had a find, so have they hit gold and we again get FA. Everyone knows Cyril runs GSR even though he is not on the staff anymore. Last year he earned the same in fees from GSR as when he was CEO The new GST when it buys its new business will be loss making from the start as all of GSR head office overheads will be in transferred to GST so Cyril and his mates will have 2 businesses Business number 1 will be GST which will own and run EMS that has been running for over 25 years (making a small profit) but will now be loss making because of its new head office overheads Business number 2 a gold and diamond mine in SL that has no head office costs whatsoever that has published its best ever finds recently it also has more finds since its last RNS which will not be made public If you think i am deluded and making this up, look it up on the internet, Cyril never moved out of his office when he set up his new business and resigned as CEO of GSR, so we carried on paying his bills. Have a little look on the internet at what he done to his brother in law, who ended up successfully taking him to court and was awarded 1.5m and to date Cyril still hasn't repaid the money. If someone can do that to their own family, do you really think he cares about shareholders? IMHO
re name this Golden shower of shite