Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
good compromise, well done to the BOD
10,874
Did you find a new home for your ex Spanish investment?
I ran a few numbers a while back and came to the conclusion that if you can get a return of 10% + per annum then you are better off renting then buying a house outright when you have the cash. Of course it would take iron discipline to stick to it! And yet nobody tells us this and we encouraged to get ourselves a mortgage soon as. Scary stuff.
Any new news on the value of the constituent parts of Poly 4 or why this wasn't a good buy at 17p? Oh, and a note on patience - its different to ignorance - If you bought this in August 2016 (and I bought some then) and been 'patient' you'd still be sitting on a pretty hefty loss. Eyes open. (Generation X for the win)
Thanks for the link. Yes I knew it was happening and I believe it is what has been coshing 2 of my other U holdings (NexGen and Greenland Minerals) Global X holdings can be found here https://www.globalxfunds.com/funds/ura/ and if the table in sightline is to be believed they have reduced (e.g.) NXG from 11.42% to 9.81% with a target of 7.65% . For BKY it looks like they are planning to reduce from 5.96% to 1.3% and are currently at 3.84%, so a bit to go. It would strike me that the main market and Spanish listings are timed to coincide with this to add liquidity to the reduction and steady the SP. In other news permit issues are rather annoying, but at least the prospectus was clear. This is Spain after all and as Baht said you need to fill in a form to get permission to fill in a form over there!
Hang on a minute, didnt she also sing the themes for Flashdance and Fame? (see, my research is also tip-top)
Bad day here (and elsewhere) yesterday and today for me but took the opportunity (??) to top up a bit. (Cue drop to 1p) Onwards and upwards and all that, I’m sure we’ll all look back and say ‘cor, remember that opportunity we had to top up at 1.25p’
Yes I agree, they have been happy to take shares all day, don't think we would have seen this much liquidity unless there was a buyer lurking. Wouldn't surprise me if its closer to a 1.5m buy.
Sorry, just seen it was posted earlier, apologies
That,s nice, I'm being offered full bid on up to 100,000, not a NT in sight, and they will take more but below bid.
Sorry guys, had to share this. If you have a minute pop over to the Benchmark Holdings (BMK) board. Very quiet board but there is a guy who posted on there 2 posts down who replied to his alter ego on the board, but forgot to log out and log back in as the other person . Hilarious, and proves what lengths people who post on BB's go to!! Bit tough to buy this morning wasn't it?
My initial thoughts is also to agree with you Blakfish (and others) Artesian miners are known in the area, hopefully not connected to the local community so no reprisals, I trust hums relationship with the community. Also was Malian forces involved and not any kind of hum private security. And yes could present a buying opportunity when it settles, callous as that sounds. However, for disclosure, I should state I sold around a third of my holding between 4:20 and close (which was basically my trading pot) Rest is staying put and I will look to buy back if possible.
Hi Uncle Duster. I believe you may have knowledge of the region, any ideas on how this will impact the companies standing within the community? Obviously unfortunate but at least it was national guard and not private security.
'This will spook the market ffs' Yup, unfortunately it will.
'Might close a couple of trading positions elsewhere early if the SP falls to 1.2p' Was just thinking the same thing DV, hmmmm.
Well I think I agree with everyone today. I would say that the market knew about Cobre before we did, always a risk with small Mcap companies where the effect can be pronounced, and judging by this drop it may very well be that the market knows about any resumption of shipments. Short term the only thing to look forward to is finding a floor in the SP. I personally believe that the company is in much better shape than when we were trading over 3p, but them's the breaks I suppose. Yup, negative sentiment but we are still on track for those long term goals as far as I can tell. And on the plus side there will be a buying opportunity at some point in the future I'm sure.
We shall see but as a comparison Shanta, which now run at a AISC of around $750 - $770 had AISC on Q1 of first production (ramp up) of $1381 and Q2 production of $1076 (in 2015). Not exactly a like for like comparison to be sure as said mine has much less throughput, so we will be cheaper, but just given as an example of how an initial AISC can be very skewed and soon be brought under control. Noticed how we have initially gone from AISC of $700 now to up $800 in the first full year of production (which doesn't include ramp up)? Anyway we'll see but compared to the touted figures of $750-$800 it will be high (very high if they factor in ramp up period) Not a criticism just something to expect before we get the ranting comments about AISC that I can see coming.
Yes AISC will be very high to date due to ramp up so when its reported get ready for the barrage of negativity (and probably why we haven't had a mention of it yet)