Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Somebody posted that this company could become the next RRE. I totally agree with that view (I was in RRE and multibagged) and I intend to hold for the long term here.
I'm very happy with that update and hopefully the sentiment will reflect in the SP - after my top up!!
The secret formula with start up companies is to get in early if you believe in the management. High risk but also high rewards.
The directors and management have approx 300m shares between them (£500k in the fund raising and further buys) and two directors are taking half/two thirds of their salaries in the form of shares.
That is what I call having skin in the game!
Looks like someone's accumulating. Bodes well for the near future.
If anybody knows something they surely do!!
Follow those people.
Also some decent sized buys going through yesterday, hence SP rise in a falling market.
Let's hope the BoD make a positive announcement in the near future.
From a SP perspective this is the oddest share in my portfolio. Have been here for many many years and constantly averaged down. Let’s hope the BoD are about to make a positive announcement
If they made just $1 per barrel that would generate an income of ~ $300k per month once 10k BOPD is achieved.
Looking promising for QFI but let's see what the market makes of the report.
Nothing surprising there re old assets./contracts.
Let’s hope these new projects Currently under DD are juicy enough to fire up the SP
Topped again this morning with 1m shares but showing as a sell. Looking forward to next few months when hopefully this share will really start to motor.
Agree- lot of positives in the RNS and only one or two of the prospects need to come to fruition for this company to flourish. Next few months will be pivotal so fingers crossed that we can finally seal some deals.
Agree totally with comparison to RRE model. This is definitely a 3-5 year hold and if the board can identify and develop suitable sites the returns on this could be significant. Interesting that there were some buys were recorded over the past two trading days after a relatively quiet period. GLA
We don’t actually know what the strategy is? The BoD have some significant skin in the game so I’m happy to go with that in the medium term