Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Averaging down, to date, has not paid off. From 0.15 to 0.05 and downwards with all the confetti. There has to be a limit to averaging down. Come on JA- lets have the RNS about funding and get drilling.
I will do. Thanks for the info. ATB
GLA
Ask him yourself, he has always been on the ball about various queries I had.
Very approachable and has never hid .
That's good , I'm assuming you got the obligatory ' Talks are continuing / progressing ' Any further timeline ?
ATB
Absolutely.
Never failed to reply to me recently which is very refreshing compared to other CEOs
Is Jeremy contactable ?
GLA
Is Jeremy going to pull this one off?
Sensemun are you also in VAST
??
0.15p is the answer Risky
If you bought 1m shares at 0.40p you spent £4000
Average down and buy 2m for £400
Your average then would be around 0.20p
My average is 0.10p
Name of the game is to AVERAGE down
The rig's current contract was extended until July.
The news of funding will get this moving. JA needs to deliver ASAP. Its as simple as that.
Finally if all goes to plan now after all these years it will be fantastic return for shareholders
Huge upside …the Rig is expected to be available in Cameroon between April and August 2024. Subject to the Rig being available during this time period, the Company therefore anticipates that the NJOM-3 well will be spudded in Q2 or possibly Q3 of 2024, then next year can be put in the production , We know that is oil there the structure has been drilled by total
Morning
Steady rise again this week unless we get an RNS
An oil price of $90+ is better than an oil price of say $60 when it comes to TRP negotiating a deal. So it does have some bearing on TRP
Price of oil never has any bearing on Juniors, until they move towards production, if JA can get it over the line this time after 4 years of drilling soon, it will be just about perfect timing.
Two guys in the states back about 15 years ago , got shot down by all , when they claimed Oil heading for a Super Cycle, targeting $150-$200 a barrel, a couple of years later , the rest all eating crow, still rising with Brent at $166 when World events cut it off and Oil nose dived to a low of $17, settling for some time in the 20's.
In 2022 those same guys , at it again saying another $150-$200 Super Cycle on its way, the poo was rangebound at the time $40-$45 they had end of year target of $80-$100 , Goldman Sachs lead the charge of they are talking ⚽⚾⚽🏀🔐🔏🔓🔒's and said their forecast for year end $55, by the end of the year , Goldman had issued 3 updates to it year end and $85.
Based on their previous prediction and the new, they have that oil peak Super Cycle prices 2025-27 Tower and other's nearing drill/production, could be in for a bonus windfall, with sustained high poo period just around the corner, poo already pretty dam good for profits, super cycle for 2-3 years could more than double potential profits.
If they are indeed ahead of Goldman etc , once more. 😲🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑
We need $$$$ PDQ . Come on JA , pull it all together NOW as timing is good.
Oil futures indicate a huge price spike of the $91 close on Friday
Could rise on Monday if we get an RNS too...
ATB & GLA
Could rise on Monday considering war is spreading in the Middle East
Could be sat on a multibag as early as next week.....who knows....
+13% on the week. I will take that
Not fomo but a good finish to the week, at least we held onto all of todays rise, been a while since that happene👍d.