Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
I wasnt here in Ortac days..I think not long after Nick arrived..How lucky for me!
Try not to be bitter bernard..it could affect your future decisions. Patience is key with exploration shares.
Great opportunity here for new investors to come in at a low price while the weak hands are selling. Wont last forever.
Good thoughts Karl.
Trying not to get too ahead of things just yet. Once said I might have a little excited wee in my pants if we get to 5p. I might be spinning around like a whirling dervish while having a pee if this really turns out as we all hope.
Luckily we have a wetroom : )
Thanks kaeren
Plenty for us to go for there..as long as we still qualify as being a SME, which I think we will.
Not getting expectarions too high but even a small slice of that pie will be welcome.
Im another one guilty of some over enthusiastic predictions but we havent had a lot to go on til now to be fair.
Trying to be more realistic. Im bringing my year end net cash prediction down from £200m to £100m/£110m based on those figures.
Would still amazing anyway and we have USA, share of UK £5b and more to look forward to so im confident of at least £100m cash and no debt by year end, unless cash is spent on acquisitions.
Still happy to hold here.
Bluetiger im no numbers man but i think youve made a decent stab at it anyway. Those criticising may like to show us their own numbers.
I would say though that a p/e multiple of 10 is too high until were more sure about just how long the covid testing situation lasts. I personally think its going to be another year or two of testing at these sort of rates then it may continue at half to a third going forward 2 or 3 years or more, what with other disease springing up and the fear of the economy being brought to its knees again, there will be lots more opportunities for the company to grow other non covid sales in the meantime but its all just guesswork of course.
I would say a p/e multiple of 3 or 4 (£6.75 to £9 ps) would be more like it but what the diddly duck do i know.
The Japanese government plans to increase the number of people who can receive PCR tests for the novel coronavirus at airports to about 10,000 per day in September, aiming to gradually resume international travel.
It will hold talks with 10 countries and regions, including China, South Korea and Taiwan, as early as the middle of this month to adjust the number of visitors.
Currently, daily testing capacity for arriving passengers at Japanese airports is limited to 2,300 people, but the government plans to increase that to 4,000 by the end of August, through measures such as increasing outsourcing to the private sector. In September, it plans to set up PCR testing centers for Haneda, Narita and Kansai airports to handle 6,000 more travelers and bring the total capacity to 10,000.
Brunei, Cambodia, Laos, Malaysia, Mongolia, Myanmar and Singapore are also being considered by the Japanese government as areas for resuming travel, in addition to China, South Korea and Taiwan. These areas have strong economic ties with Japan, and coronavirus infection levels there have been relatively stable.
Negotiations with these countries and regions will be the second phase for the Japanese government, following talks with Australia, New Zealand, Thailand and Vietnam. The government has decided to launch negotiations with those four countries on June 18 and is holding consultations with them sequentially.
The government is shortly expected to hold a task force meeting headed by Prime Minister Shinzo Abe to decide on the basic policy including measures such as strengthening the testing system and adding more countries and regions to the list for resumption of travel.
According to a government source, it is likely that travel to and from Taiwan will resume before travel to and from China and South Korea. The two countries are said to present a challenge for resuming exchanges for the time being because of the large number of people from them expected to enter Japan. The PCR testing capacity at Japanese airports is believed to not be enough for them.
Currently, people from a total of 129 countries and regions are denied entry to Japan. The government plans to give priority to the reentry of about 90,000 foreign businesspeople who have bases in Japan. These businesspeople had left Japan before the country introduced a system to deny entry to foreigners and they have been unable to reenter the country.
July 7th, 2020, 4:56 AM GMT+0800
Dr. Anthony Fauci, White House coronavirus task force member and director of the National Institute of Allergy and Infectious Diseases, says any vaccine developed to ward off the novel coronavirus would likely be limited in how long it would shield against infection. He speaks during an appearance on a live-streamed video conference hosted by the National Institutes of Health. (Source: Bloomberg)
My guess..
7 to 8 for a takeover in next month or two, otherwise..
6 by year end if sales are at the levels we expect..
7 possibly, if theyre exceeded and investors realise that covid (plus potentially other serious disease outbreaks) and testing might be with us for many many years.
9 and 10 could be possible long term if we can grab and keep enough market share by continuing to innovate with quality products and careful acquisitions/partnerships.
Thanks for the excellent replies guys..expected nothing less from the high calibre posters we have here.
I know it can be difficult for some to talk about any negative subjects in shares they believe strongly in, but Ive learned from painful experience not to wear my rose tinted specs too often.
I also dont believe theres anything to worry about but its good to be aware of any and all situations that might have an effect.
The more you read about Bolsaro, the more the word bonkers comes to mind but at least hes on the right and business friendly.
Also the next election wont be until October 2020, so far enough out not to really have an effect on finance negotiations.
GLA
Latest Mark Selby interview is interesting in relation to us, as he talks about what makes an exploration company attractive to prospective financers
Most of the stuff he talks about, we can tick off...cost curve etc but what Id like to ask some of the knowledgable guys here, is where you think we fit in with regards to stable jurisdiction?
Were not in one of the politically unstable countries in Africa so big tick there but were not in Canada, Australia or USA either, so just wondered were we fit in between those?
Are we likely to be treated favourably by financiers for a long term (multi decade) mining project in Brazil?
Brucey, I think its either short term news traders (buy on rumour, sell on news, or the inexperienced, who see a paper loss for a bit and get nervous, then as soon as they see break even or a small profit they take it and run for the hills.
Neither strategy will make them rich but its their money so good luck to them.