Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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When DC's appointment was announced, my take was that him being an operations guy, the company was ready to line up the ducks for production and funding was given as at least pre-arranged. The SOLG story seems to have taken a different direction now and he may or may not be the strategic thinker who will resolve SOLG as an investment case where NM has not succeeded. Not too happy at the moment...
That's not like you Bozi!
Dave - exuding confidence wouldn't be that high on my list of requisite skills.
Actions speak louder than words for me and many more in these markets. As long as he can lead, garner the respect and motivate his workforce, and most importantly deliver on our targets, whatever they may be, then he's a worthy candidate for me.
Suspect that's very likely Addicknt but didn't want to say it for fear of voicing too much more displeasure!
From what I have seen and heard of DC I'm not at all impressed, does not strike me as the right guy but assume the recruitment process was thorough? He does not exude confidence, quite the opposite in fact...
Bozi, I wonder if he's waiting for for a discounted placing? It wouldn't surprise me.
Agree Addicknt, and no time like the present.
Fort, you make a good point about DC's lack of investment here.
Personally, I find it unacceptable that he hasn't spent a penny of his own cash buying shares in the market and it offers me no comfort whatsoever. The fact he's been awarded a shed load of options is equally unpalatable, particularly bearing in mind he's produced no enhanced shareholder value. He needs to lead by example and demonstrate some faith and optimism by putting his hand in his pocket.
The update on Moran was very exciting albeit early days. The fact we haven't heard anything since could be a sign that it turned out to be a promising hole but not quite the fantastic hole they were expecting. Eitherway, the company really ought to update shareholders on Moran's progress. What's the point in telling us about the drill's early signs only then to go quiet as a mouse.
Darryl must get be getting the hairdryer treatment from some of the mid to larger fund managers and investment firms. Back at 20p levels and well below previous placing levels means many are underwater which all goes to help BHP should they make a low ball bid. They'll likely position it in the same way as they did to OZ Mineral Shareholders citing the imminent danger of cash calls and equity raises etc and that they are the shining knight rising in to help Ecuador move forward with more speed than what the mis managed likes of SOLG can deliver. I just a feeling that NCM and BHP allowed SOLG to take the funding structure (inc royalty deal) to the point of almost pushing the button only then to pull the rug. They knew the effects and poor media following that would dent sentiment and help them with potentially a low ball offer. Come on Mather... lets see if you have the same mettle as Twiggy and show BHP the door. What a victory that will be should he pull it off. Darryl is just a puppet master in this game, he's not much skin involved and thus doesn't care about the pi's like Mather does. Mather and Pi's are aligned. That's why BHP and NCM are desperate to get rig of him. He's a thorn in their side.
I have just moved 97540 shares into my isa sold from my trading account took a hit to do so but worth it .
Jezzoo, cineworld had a preview of a monster on Friday and confirmed sighting by rns this morning. So yes it could be a monster. lol
Some ISA style trading going on which is to be expected. Sell the losses, book them and then buy the lot back into the ISA and enjoy the ride north.... assuming that comes which I think is inevitable.
The market is letting Darryl know that whilst it believes him when he says we have enough cash to see through to PFS2 and Porvenir PEA, the market will make sure he knows the pressure of keeping the lady waiting!
the adage ... buy when others are fearful rings to mind. If you feel nervous and unwilling to buy at 20p or sub 20p, then that's exactly how the market wants you to think. It wants sellers. It collects sellers stock and then it passes it back to you at 25p+.
The reality is, it's taken just over £100k in cash to wipe almost £25m off the market cap. Volume is pathetically low.
100k buy now is just £20k or £21k. As I said, if the big boys want stock in the million size blocks, then they'll be paying 26p+. The last bout of II trading was nearer 32p with Norges and Blackrock picking up over 25million shares between them just a month or so back.
Now, the market cap has been sliced in two since the pre PFS rise to 42p. The market is having a laugh at the expense of some nervous pi's and a few on here are apparently too nervous buy at today's bargain levels? The mind boggles. But I'm delighted to pick up another 50k today. And will do the same on any weakness below 20p for sure. Loving it!
Morning solgers ONWARDS AND UPWARDS we hope !!
in the grand scheme of things, this drop isnt just solg. my watchlist is looking like a bloodbath.
What's that coming over the hill ?
Is it a monster ?
below 20p.
posted last Thu
did we forget 20p?Thu 14:59
Fruitbat............
Looks like circa 20p support to me.................
Evidence.................
https://www.screencast.com/users/BN.c/folders/Shares%20SOLG/media/15495170-f5e8-4d04-a9a7-89920d3a7015
r's
bn.c
Sean H,
Looks like a reasonable level to me...............
Rest of meerkats under a little pressure as well............
BN.c
I think we have been punished enough now by the markets for the dreadful performance of the BoD since the PFS. Maybe its time to remember that the PFS was actually very good.
It's time this great resource was taken out of our hands by someone sho knows what should be done with it. And to that potential buyer we must be looking very cheap indeed this morning.
Huge upside from here for anyone brave enough to bet against the current BoD ruining things any further.
Your last paragraph is exactly what I'm thinking SharketMare.
Jezzoo, I wouldn't go as far to say Darryl is engineering a lowball takeover, but that is where I think we are headed unless Nick can pull something out of his hat.
If the SP falls back to 15p a takeover at a 300% premium (Noront's was 358%) is 45p. If we can achieve 60p-80p here I think we will have don extremely well.
It feels like it's almost written that BHP will somehow get the whole lot for the same price they paid all those years ago (45p).
Cannot confidently buy at this level unfortunately, the share price seems to be unsupported at present. Should it reach the painful 10p again I would probably buy another motherlode but until then I don't have the confidence.
The potential is obviously still all there, but we seem to have been outmaneuvered by the big guys at this stage and the final outcome is still very much unknown, irrespective of any company's statements.
lostagain, I think Irwins silence combined with that of CGP, is very good news. If either party were feeling aggrieved I'm pretty sure we'd know about it.
If Darryl Cuzzubbo hand his notice in we would be back two years ago lets just hope someone out there wants this Otherwise it will be back to Nick Mather playing for time again What worries me most is Warren Irwin being silent things must be bad