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Interesting watch;
Especially @ 52:19 in.
https://players.brightcove.net/34306109001/default_default/index.html?videoId=6330684197112
GLA DYOR
At least Dick Turpin had a proper mask.
Https://www.argusmedia.com/en/news/2469454-south-sudan-pushes-back-shortterm-oil-growth-target
" South Sudan's oil minister Puot Kang Cho told Argus that he hoped the new system would capture his country's true capacity. Cho said South Sudan plans to reach 450,000 b/d over the longer term but said this will only be possible with investment from international oil companies. Cho has held talks with several companies and is hopeful of signing deals, he said."
If the ink has gone missing... Maybe they should claim on the insurance.
Wonder if there is some magic chemical in the algae/seaweed sludge they they could make face cream out of?
Do people think the 'critical mass' statement was just about the USA or more generally about everything the company is on with?
It seems to me they are only just beginning with the USA so maybe it's more about the things that are happening elsewhere?
I find it hard to think how NNN could have spent the money they had and who the creditors are. The most obvious one would be the lab space.
Therefore this is interesting reading:
https://thepioneergroup.com/investment/
The people who own BioCity are falling over themselves to help and fund their tenant companies.
Have they even approached them to see what is possible?
"Is there an greed lock-in period or will they be sold into any rise."
@Zengas, It tells you in the RNS if you read the rest.
"The Seller have agreed to retain the Equity Consideration for a minimum of three months from the date of Completion. Zenith will hold the right of first refusal in the event of a possible disposal of the Equity Consideration, subject to the terms to be agreed at Completion in the definitive purchase and sale agreement."
I suspect this is just a way for Zen to use the production from the asset to partially pay for the asset. 3 months and it should make most of that back.
Of course we are all reliant on ZEN stepping in with the first refusal and buying the stock then cancel them. That could backfire if some of our big assets have landed by then and the SP is sky high, though I suspect no-one will care that much about the buyback then.
Last time deals being announced after 2 weeks post conference.
https://www.theeastafrican.co.ke/tea/business/south-sudan-oil-sector-pulls-in-more-deals-3989258
"Two weeks after the South Sudan Oil and Power Conference (SSOP) in Juba, firms have been publicising their deals from the forum meant to drive business and investment in the country’s oil production.
Several agreements on financing, oil exploration and production, oil refinery and infrastructural development were inked, according to a prospectus from the petroleum ministry."
GLA
i think the key word there is 'voluntary'.
here is a question ; if the gm has been 'adjourned' and could be 'reconvened' to count the votes, then are people who haven't yet voted still able to vote?
when they count the votes do they do so from a live system or did they write them on the back of a *** packet on the 15th?
could it still be worth anyone who hasn't already voted trying to do so via their brokers?
I'd like to see them do buy-backs at these levels. I think it would be a good use of the lump sum when they reduce capital.
Would be a good move to get the div per share back up without increasing the absolute amount paid to dividends each time.
I was only reinvesting my div anyway.
I really hope it's TB coming back. Even if we have to eat a bit of humble pie for supporting cave's mutiny.
He knows the business already and successfully took the SP from it's lows to 6p+.
The great thing about the tech here is t can easily move into whatever trend is topical at the moment. There is almost always some way that nano-particles can be used. Look at the way they pivoted to do the mask for Covid. We should have been all over the fetiliser and animal feed issues resulting from Ukraine. Global warming etc.. the list s endless.
Fingers crossed. GLA
Funny(as in odd).. No-one is laughing about this!
More recently, we have had the exciting news from Mr Duffin (in relation to the Fertiliser) that:
https://www.lse.co.uk/rns/NNN/corporate-and-commercial-update-nt0vfcres4ihyat.html
"P2F is in final negotiations with a large farming company for a project within the agriculture field, where we will be looking to use our technology to enhance yields and tackle other factors such as hidden hunger (where the quality of food people eat does not meet their nutritional requirements). We expect this project, once the agreement is finalised, to begin in Q2 2023."
"A large domestic plant food and fertiliser manufacturer is expected to commence trials with our nano minerals to enhance an existing product line with a view to move straight to commercialisation."
"During 2022, the Company carried out in-house trials on various plants to determine how to improve and accelerate their growth via the use of nano technology. The trials have shown great results and the Company will be launching a Nano shot for the hydroponics market in the first quarter of 2023 called the Atomic Nano. Further Nano Shots are expected to be released later in the year for plants, vegetables and fruit. Immediate interest and engagement of a major fruit and vegetable supplier has been forthcoming and we expect this to result in a joint development for bespoke fertilizer products in due course."
It sure seems funny that they don't seem to associate much value to this now.
Now that's a jolly good question @wwal17
Here's some background on the fertiliser technology and how BRH considered there to be 'substantial market opportunity for this technology'.
https://www.lse.co.uk/rns/BRH/replacement-final-results-qmcpzw3gyrv6lx6.html
"NTU and P2F have developed and patented a process to increase the bioavailability of trace minerals in plant feeds. Their patented process uses nanotechnology to dramatically improve trace element take-up in both flower and crop farming. P2F produce and sell these products through an exclusive licence to this technology from NTU.
Since records began in the 1940's, the nutritional value of the UK's crops has diminished dramatically. For example, potatoes now have 47% less copper, 45% less iron and 35% less calcium. It is now estimated that a single 1940's tomato would be nutritionally equivalent to 10 of today's tomatoes for copper minerals. Hidden hunger, a lack of vitamins and minerals, is not restricted to third world and developing countries but is prevalent throughout the globe. In today's current economic climate, more and more families are priced out of iron rich foods, such as red meat, and turn to cheaper alternatives such as chicken and vegetables. This has resulted in a global increase in the rates of iron deficiency anaemia.
Traditional fertilisers use a method called chelation to make trace minerals such as iron, zinc, manganese and copper soluble in water. This involves using a manmade 'cage like' molecule, called a ligand to entrap the mineral. The problem is that the ligand is so tightly bound to the metal that it requires a lot of energy to release it so that the plant or animal can use it (bioavailability). P2F and NTU have developed a new way to increase the bioavailability of trace minerals using nanotechnology that moves away from chelated minerals and instead uses natural minerals and amino acids to improve their take-up.
This pioneering technology was initially developed to enrich the nutritional value of potatoes, in conjunction with the Agriculture and Horticulture Development Board ("AHDB") which represents farmers. Preliminary results not only showed a 20 per cent. increase in iron uptake by the tubers, but also an increase in yield and an approximate two-week reduction in the time to harvest. This patented technology has now been developed for use in the growing of other commercial crops, both in soil and hydroponically.
The worldwide hydroponics market alone is estimated to be $8.1 billion in 2019 and is expected to continue to grow at a compound annual growth rate of over 12 per cent. to $16.0 billion by 2025, with the EU remaining the largest market for hydroponically produced crops. (Source: Hydroponic Market by Type by MarketsandMarkets Research Private Ltd, published May 2019.)"
I pinched this of Sparky333 on the Yu board.
I3E also mentioned.
https://www.voxmarkets.co.uk/articles/fund-manager-series-gervais-williams-of-premier-miton-87fdb14
Https://www.dailyyemen.net/2023/01/06/aden-oil-commissions-spark-disputes-between-pm-and-oil-minister/
"The concluded deal for 20 million dollars for the benefit of Aden government, as commissions received in installments and about four million annually."