Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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FCA should be looking now as to whether conditions exist that justify suspension as per listing rules 5:4:2
Three year lock in maybe?
Are there any rules surrounding ‘suspended shares’?
Presumably if we’re still in this situation in 2 or 3 years time we can possibly do something?
Oh well roll on 2024
Bmn loan Mustang $420 k for working capital IE Wages of £120 k a year for DG:whilst shares get issued @20 pence:Happy days 😀
DG hoped to release an RNS 2 weeks ago:obviously didnt!!
It will soon be Christmas and then Easter.
Maybe we’ll be treated to a 3 year lock-in.
You’ve got to laugh!! Or will we be handsomely rewarded???
Hopefully news this week
Who knows when!
At least we will get something back
but when ?
There it is;over 2 years:and if/when readmitted 20 pence a share
Update from Must within the next 7 days???
Haven’t seen it yet!
No RNS regarding CLN"s No replies from DG:Writing my "investment off" Atleast DG still taking his wages £120k a year
CLN extended maturity date today!
Hopefully getting closer!!! Update in next 7 days
Find out end of this month
I'm assuming we've lost any money we once held in this chit chow?
Should hear more news by end of month
Doesn't look like this will ever come back soon- what a waste of time
Nice of DG to give himself a pay rise xxx£120 k a year
RNS yesterday:still alive
More vanadium batteries - a 100MW/600MWh VRFB in Baicheng, China
"Polaris Energy Storage Network learned that on April 10, Jilin Province started a record-breaking 108 new energy projects, with an installed power generation capacity of more than 7 million kilowatts and a planned investment of 25.2 billion yuan this year. China Vanadium Energy Storage (Hubei) Technology Co., Ltd. and Shanghai Electric Group Co., Ltd. invested in constructing a 100MW/600MWh vanadium redox flow battery energy storage power station in Baicheng. It can also be understood as a super "clean energy" power Bank".
Xie Guangguo, chairman of China Vanadium Energy Storage (Hubei) Technology Co., Ltd., said in an interview that China is building a new power system with new energy as the main body. The intermittent and random characteristics of wind power and photovoltaics have brought new opportunities for the development of the energy storage industry. Compared with other energy storage technologies, the all-vanadium redox flow battery energy storage technology has higher security and great development potential.
20p is not the £15M placing price, it is the price that Garnet have effectively got for their share of Enerox Holdings.
The assets that Garnet, Bushveld and Acacia are bringing to MUST (all of Cellcube/Enerox) are worth MANY times what the original asset value of MUST was (around £3M quid for an essentially empty shell company) - this is reflected in the fact that the total number of issues shares is increasing from 10M to something like 350M.
At 20p per share, if this was achievable in the placing, MUST would be worth around £70M which is similar to the valuation of Cellcube's nearest comparison company, Invinity (IES).
If anyone wants to complain about paying 30p for a share in an empty shell that then becomes worth 20p per share in a company with real technology growth potential in a rapidly growing market, then they are in the wrong business, and should try fantasy fiction instead. Either that or learn how to get to be employed by market movers and shakers like Garnet and Bushveld that are in the strategic position to drive the business forward and only pay 20p instead of the 30p that completely in-the-dark private traders were able to pay 2 years ago.
The Fundraise of £15 million (under Fundraise) share price to be determined"
Says it here:
the sum of US$25,666,667, to be converted to Pounds Sterling using an exchange rate of GBP£1.00/US$1.225 and to be satisfied by the proposed issue of 104,761,905 new ordinary shares in the capital of MUST issued at a price per share of 20 pence (the "Consideration Shares"), credited as fully paid and free from any encumbrances and ranking pari passu in all respects with all other issued ordinary shares.
20p
There you go!! At what price will the £15 million placing g be at?