Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
And ITM will climb a lot more, the rate of which is the question. The market for electrolysers is in its infancy as is the market for waste to energy in the form of gasification. The percentage rise will be much greater for Eqtec this year unless there are significant delays.
If you take a parallel to ITM, around 15 months ago; several board members sold a significant amount of shares between 60 and 68p. Let that sink in. SP doubled 3 months later. They then sold again last year at 280p; it has more than doubled since then. And they hadn’t salary sacrificed. They do however hold many options like Gerry.
Simms - You rampant pumper you ;-) I agree, like the Billingham news at the end of last year, I anticipate this month to be the start of the next movement upwards for all the reasons you alluded to. And you missed out the possibility of news on the Aries case too.
Aandi - It seems clear to me from the RNS that they will buy out the option from Scott Bros which requires external funding. They need to finalise the inItial EPC agreements before financial close as they need those costings. I would imagine much of the work has already been completed and decided upon and thus financial close should be relatively soon.
Cricketman - Agreed, looks very positive to me too; I don’t see why they would extend it further if they are not concerned about oral submissions as the evidence already presented is sufficient enough to come to a decision.
I strongly doubt that. It is most likely the existing order that has been delayed, otherwise they would have released that information.
Spiderama- Indeed, this is exactly what it is; it happened when it pulled back to below 2 for IIs to build a position; it went up too fast for them to add a significant amount so another pull back for them to add more; another buying opportunity.
Neil - As the OP said, the market cap is what one looks at, not the SP. At £25M this is between a large and small fraction of the Mcap of other listed clean tech companies and very little future value is currently priced in; this company has to bring in the contracts and/or deliver good news regarding the graphene panels. If either occur there will be a rerate. However opportunity cost is the risk in the interim period.