Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
House brokers are somewhat irrelevant...they are paid by their client
Last year it came our on the 16th August 2022..
We should be receiving the quarters results soon..
So should be a heavy news period this month.
Mcap is now approximately 18m with 696,000,000 shares in issue.
Let's all hope for a stonking operations update in the next few days.
Even allowing for bond holder conversions we can expect a market cap in excess of 50m in the short to medium term ...at least 300% from here..
Not all placings need to be at a discounted price.
This is a highly sought after sector and with the rest of 2023/24 we should see a large scaling up new contracts..they already have a proven product ...one BLUE chip contract and we found easily be multiples of where we are now.
Just wish lse could improve their accuracy shares issue are 680m not 547m..so market cap is wrong as well..
The market cap of the business is currently trading within the range of 10/11m...the additional shares have not been added...currently showing 547m but now trading at 680m...
With bondholders conversions weekly and with the market cap staying at around 10/11M EXPECT
the share price to continue is movement downwards until we get next operations and productivity updates around the 1st week of August.
Of course any positive jv news between now and then could rapidly change events
Mcap is around 11m with 680m shares ..
The shares issued are 547m...should read 680m..
So market cap is distorted on lse.
Wish they would update issued shares now 608..
Not 547..
No with the company via a simple email request.
I have been informed that the joint venture is complex as any dealings are with large companies hence no current update.
It would appear commercial terms are still at a delicate stage.
I don't really see the problem in the medium to long term.
...alternative option to regulatory approval
...assistance of the FCA in achieving those objectives
...pinset mason to ensure legal formalities are covered..
...another month or so and they will probably have full sandbox approval.
The overall consideration is that Gst and its directors are totally professional which gives me
The most confidence that objectives will be reached
Mcap only 3.2m ..contract win nearly 50% ..
Revenue streams likely to be 9m plus...
AR will get filed.
Expect significant rerate...
Whilst the last few months have been a horror story for the retail investors the one saving grace is that if you believe in the longer term viability of the business then even allowing for bond holders conversions the current 10m mcap for field assets that could last decades is ludicrously undervalued.
Over the next few months there are plenty of catalysts for a re.rating as highlighted on these boards.
We could easily see a 300..400% uplift in a day once good news lands..for now just sit tight.
Maybe commercial terms on jv are close to a conclusion ...must be soon now
True to form a significant drop on spreadex holdings notification
Holdings rns ..increase in holdings..
Not great ...shorters paradise..
I hope not ..maybe they can sell long for a change