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T321 - possibly , but having looked briefly at Palatine I'd say this was a private holding rather than anything to do with Palatine, as it doesn't immediately appear to fit with the areas in which they operate - but then what do I know?
As for links with Primorus, a brief search reveals that there could be a link through Christmas golfing!!!
https://wildernesse.intelligentgolf.co.uk/competition.php?go=info&compid=796
Rupert Labrum is there at No3 (clearly he is a keen golfer) and open sources reveal he is married to Sue.
Hedley Clark of Primorus is there at No18 (obviously he spends far too much time in the office).
And at No22 is a Richard Thomas (but is it this Richard Thomas?), maybe the same, maybe not.
They cannot be acting in concert, but if it is the same Richard Thomas maybe he and RL see value in the same opportunity.
No doubt time will tell if there is any link between the two, but that another shareholder has acquired a largish stake is interesting in itself.
One would think that there is a plan involving Primorus and one of its SPAC's (but then NZI is a SPAC in itself), so we will see how all this plays out.
One interesting point is that resolutions passed by NZI at the last GM allows the directors authority for 5 years to issue shares up to a nominal amount of £50M, bearing mind the nominal amount of the shares is 1p that allows for an awful lot of funding to take place, given the right opportunity.
Also of interest here is that Alejandro Ciruelos, a director at NZI from 4-8-2021 was also appointed a member of SDCL Edge Sponsorship Participation LLP on 9-4-2021,
https://find-and-update.company-information.service.gov.uk/officers/d_EikEoHB-aXSUgJW5R4HcNOExM/appointments
which appears to be a subsidiary of US SDCL which IPO'd on the NYSE on 1-11-2021, and presently has in excess of $2Bn in renewable assets under administration.
He is listed on the main SDCL website as MD Renewable Energy.
https://www.sdclgroup.com/investments/team/
https://www.sdclgroup.com/investments/news-insights/
Similar in someway to Primorus' new friends at Alteration Earth plc, Andrew Coull and his links with Gneiss Energy
https://find-and-update.company-information.service.gov.uk/company/13571750/officers
http://gneiss.energy/team/andrew-coull/
Companies with which Rupert Labrum is connected do appear to have some well financed eco friendly friends - I'm sure that there is a plan here somewhere, but I'm not sure what it is.
But raising finance doesn't look like it will be a problem for them.
So a Richard Thomas has just gone over 5%. Wonder who he is, possibly the director in the West Midlands PE firm Palatine? https://www.palatinepe.com/our-team/
A nd another large buy before the close !
Who is he buying from?
Executive Chairman of Primorus Investments: https://primorusinvestments.com/about/the-board/
Rupert Labrum is the Executive Chairman of Primorus Investments PRIM.
Who is Rupert Labrum?
Bill Gates: Funding clean technology is the way to avoid climate disaster
https://amp.ft.com/content/ea71f4f8-e5d8-4324-a42c-8fa09ccb1cc5
But who's selling? Interesting article on ************* just now! As was previously suggested Bargepole!
Rupert Labrum continues to increase his holding, a significant 24.7 % now. Follow the money
Dipping my toe in. Labrum's purchases, the BoD's experience and government connections via James Wharton in a sector that will only be getting more and more attention, looks good to me
Some more new holders... Keep following the money...
“…The peaks and troughs of energy usage and how we efficiently get that around the grid and the system is the solution that you have to provide and I see NZI as being part of that trajectory…”
https://total-market-solutions.com/2021/10/net-zero-infrastructure-october-2021/
A couple of big delayed buys from earlier showing, which is very positive
I agree with you. Think we see a move past 4p very quickly, low MCAP so moves on little buying
well this looks an absolute steal at current prices - i spotted PPS the other day and that's gone up well over 50% in 2 days. This one with climate change hot on the agenda is right up there and a great entry price imo
Looks to be some volume and interest returning. Exciting sector and cheap valued just above cash
I'd expect to see 10p+ here at somepoint
Added quite a few today...
L
Nice to see. Still early days as only listed last week. Plenty of action to come here
Presumably that's the broker selling down its positions to retail clients?
Great to see and 5.1p paid for small amounts. Bring on next week
Well with all due respect i don't expect many shells to list raising £6m+
The attraction is the multibagging potential of these cheap cash low mcap shells like NZI, of which there are few & far between now. Simple supply & demand.
Given the board of directors have such a large variation of expertise & skills it should make for an fascinating acquisition in an explosive growth sector.
Whether you buy or not you buy is completely understandable, but to label it a bargepole is simply ridiculous. Especially given the price action so far which has demonstrated remarkable resilience.
Enjoy your weekend and maybe have a listen to the podcast out today posted by someone
No - any shell which lists from Jan will have a meaningful amount of capital and therefore be more attractive for an RTO.
So your logic is - that at 15p a company will deal at 9x cash. Possibly +10x once expenses are taken into account for the RTO. I accept there is a premium to cash but it ain't 9X. If the acquisition target is any good it should just list, the comms on raising a mil are only c.£50k and overall the listing costs are cheaper. As I said BARGEPOLE!