Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
I've never lost 100% as I've never invested in a company that's delisted and never returned or gone bankrupt.
Anyway, will you now apologise for misleading the BB and for costing people thousands of pounds in lost capital gains?
Deary me. With every day, with every comment from you, I see clearer why you're 99% down.
Of course I don't choose, that's not my point. My point is the reason I invested was because of the US assets not Tunisia. If Tunisia happens, great - if not then no problem for me.
Steel. Where ever you are now, stand up and shout at the top of your voice "I'M 99% DOWN ON MY INVESTMENT!".
Meanwhile, I'm sat on a nice profit and won't sell until fair value is reached.
https://twitter.com/NTOGplc/status/1509058601427558400
Well there's oil there, we just need it to flow!
Weekly API oil & products inventory report
Crude -3.00M
Gasoline -1.357M
Distillate -0.215M
Cushing -1.061M
Have a read of what Josh Young said about Sandridge Energy...
https://www.barrons.com/articles/oil-investor-bison-interests-stock-picks-51647982569?tesla=y
"If things are heated because of past management and historical problems, that often yields extra potential returns"
I know nothing about losses because I cut losing positions. Unlike you who sits on a 99% loss 13 years after investment.
I know warren buffet says buy and hold but think you took it a bit literally.
Prickly - SteelTightOne lost 99% of his investment, failing to cut his losses and protect capital. If you want to go back 13 years and read every RNS then be my guest.
Focus on the here and now. Company is producing cash. It's about to add more production via it's F2 well. It's drilling more wells in the Permian which by the way have a bigger WI = more % of the BOPD.
Focus on the facts. Focus on the now. This company is undervalued. Block Steel, Wey, JustBe - They've all lost a lot of money and fail to acknowledge their errors in protecting capital.
Good to see the board getting a bit more discussion, even though it's still quiet.
Get ready for an avalanche of news within 3 months:
-Ore Sorter working with some/all of Sao Chico ore
-Draft Indigenous study received (any day now + company unlikely to RNS this but should make reference to it in next CRUX interview)
- Final Copy received by end of June
- License for plant installation granted by end of Q2
- Financing arranged for installation
- Q1 Results (Not expecting anything great here given the expectations set from MH, but hopefully if the ore sorter is working maybe upside potential)
Market Cap is an embarrassment really.
SP took a huge hit when rumours of troubles for the plant installation license for it's Coringa project surfaced.
We should be finding out whether they get the license, or terms of the license within the next 90 days.