Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Agreed. The company is cash generative and only just at the start. Lots of news should be announced Q1/2. Less acid commissioning should be complete soon, the big brand that Robin refers to, transport licence and maybe loads of other business strands that we aren’t even thinking about like academic relationships and grants.
It’s going to be really interesting to finally see what the big brands are that Robin was referring to. Halfords was on my list of possibilities. But perhaps Volvo as they have sold the LiBOXs to a Volvo dealership, and also Volvo (on their website) are very vocal about them taking responsibility for the recycling, whereas some other producers defer the responsibility to the consumer by directing them to generic battery recycling sites.
Recyclus is so innovative. One thing I really like is how much they value the academic links and also the connections to the faraday institute, very credible. As is Robin’s foot in the door and influence with the UK battery strategy, Recyclus named in that strategy because of his involvement.
Indeed. I’m sure they are very aware and have a good strategy to rebalance the share price with announcements of deals, lead acid commissioning, transport licence for blackcaps mass, and probably a host of other things before the prospectus is forthcoming.
On a macro level I’m looking forward to Battery and Waste legislation to be tighten, so producers are more accountable for their recycling commitments, I believe Robin stated amendments were due this summer. I’m very much looking forward to Anwar showing some progression in getting his work on material separation into action.
Robin definitely eluded to government ‘encouragement’ to pursue separation. I’d hope Anwar is highly skilled at following through on that encouraging and Robin is exceptional at liaising on a parliamentary and legislative level.
Indeed. Robin was really focused on keeping the circular economy within the UK and currently we don’t have that ability. He also stated that the government were encouraging Recyclus to progress the black mass separation, which Anwar is actively working on, that to my mind (and Robin stated) would be a game changer.
Agree. Nice that although Robin couldn’t give specifics, that he cited the big player deals being worked through. Really exciting 2024. Every new company takes a while to get going, but seems we are really at the anticipated revenue generating turning point.
Hope the hospital stay goes smoothly. You’d hope the piloting of the first site will enable the ‘cookie cutter’ second site to be rolled out quicker once it is secured. They’ve stated they have a site in mind, will be interesting to know where that is located.
They are doing so much, the forthcoming announcements are hopefully stocking up!
He and Robin must be absolutely flat out and it must feel difficult not seeing a rise correlated to that effort in the SP. However, they seem incredibly focused on the business plan, which given time and proven revenue, the market should weigh and adjust their votes accordingly. Especially, as Alex said, if they can begin to attract the smaller institutional investors.