Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
It's very possible we will get the new permeit through next week, I wonder if this will reflect on the SP action today? Upwards and onwards "As previously announced, an application for a permit to mine a much larger area than is currently being mined by the first highwall miner is in the final stages of being approved by the Department of Environmental Protection in West Virginia (the DEP). This will allow a second highwall miner, to be supplied by MHW, to commence work. Once mobilised and operational, both highwall miners will be able to operate simultaneously. This will allow production to increase steadily, reaching up to 80 000 clean tpm, which is expected to occur between September and December 2022."
I've just added more to my portfolio, there is a massive upside in the med/long term imo, the only grey area for me is how the market will take the results, due next week, but as they will only be to the end of March 22 then they will not show an accurate picture of the situation today, imo if the chairmans statement is not uber bullish the MM's could punish the SP. Does anybody have any thoughts on this?
IMO nothing wrong with this at all. Yes some people will see 'placing' and crap themselves, but Ben had a 100% take up with II's and related party, money is being used to make MORE profit, what's not to like? Maybe a little short term pain, maybe not, doesn't bother me at all. Let's see where the SP is by October, I expect it to be a lot higher than it is today, maybe even ATH's. This is a GOOD placing IMO