Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
After numerous average downs and rights issues I held 300k BMR at a pre delisting average of around 7.3p.
My resulting 10k KEN shares were worth approx £300 on opening and are now worth £116.
For some strange reason I bought another 65k at 1.45p shortly after, making a massive dent in my average but not, sadly, my £21k loss.
I think overall I need to clear 27p to get my money back. Not hopeful though.
Got mixed feelings on this rns. Currently we are a one trick pony albeit moving rapidly towards production. So is this just a sensible diversification or just a distraction pending possible poor news to come on NI project. Plenty if examples on AIM where shareholders get continuously rinsed through raises and new projects eg ukog, bem and the Colin Bird stable of companies to name a few.
Gold grades ok but not spectacular. More interested in the cu grades depending on the size of the mineable area.
Who's going to pay for the drilling programme?
I cashed out my holding several months ago at 5p but only because I needed the funds. The shares at that time were free as had already sold sufficient to cover costs.
I personally don't see Kallak adding to the SP anytime within the next 12 months. Even when all the reports are done BEM still have to negotiate a way through the Swedish beaurocratic system which has done its level best to destroy BEM over the last 10 years.
I believe short term value is more likely to come from Finland or Kosovo which is ironic in that if Burt hadn't pumped so much shareholders money into Vardar, he would not now need to issue another begging bowl to IIs at mates rates with a few additional crumbs to keep PIs happy.
Take up the rights by all means, but don't do it just for the 46% discount.
GLA. 3CARD