Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Yes it is highly likely they get involved in ESG supply or recycle chain type projects and a number of opportunities can spring off of this. From what I understand there are still 4 projects that MC and team are evaluating and I am not sure why they just don’t share these with us as a shortlist so at least we know where they are at !!
Sorry if I have triggered any sensitive alarms with anyone but this a discussion board but I want to re-iterate these are my views and thoughts having analyses a few decisions made in the past and rereading the RNS’s. This is why IMO EUZ desperately desperately need another project otherwise they will cease to exist and who knows maybe a payout to shareholders eventually.
Sheds….think about it….how will EUZ pay for further exploration of 1 of the 4 opportunities they are currently exploring ? Forgetting about the initial purchase…..wouldn’t the sale of their 20% ownership be an ideal fund raise ? No further dilution then as well ?
And my longer term prediction is EUZ 20% will eventually be bought out of the Newco formed between Denerius and EMI and will remain an exploration company based in Australia with listings on the JSE and LSE ……:-) I guess you can see why I had my fallout !!!
@Highside ….it’s more EMI and Denerius than EUZ now….that’s the way I read it anyways.
The JV although all press pointed to JV between Denerius and EUZ it’s more a JV between Denerius and EMI…..EUZ as far as I understand are almost out the picture now …..this is my personal take though…please don’t shoot me :-)
Thanks Chrisp for sharing your view. I have seen plenty RNS’s in the past that get superseded by the latest. But you have read them correctly just wondering whether the previous RNS is still valid just like the RNS that made WA the PFS manager ??