Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
The plain fact is AYM does not have a pot to pi55 in and until they monetise Grangesberg or find a material non dilutive funding partner for Parys Mountain then we must face the fact that another hideous placing will arrive to fund the PLC. Prove me wrong BOD !
Also I am fed up with all of these powder puff interviews that so many AIM companies persist with, I can tell you for a fact they are vetted and will not be released unless they 'appeal' One outfit that asks hard and difficult questions to CEO's has more or less been banned interviewing AIM companies, they site these companies hide behind their PR flunkies who will not allow interviews from them because of their tough questions.
Does anyone really know what is going on here, 20% stake changes hands without a whisper from AYM, CFO goes and no replacement, CEO leaves and no replacement, talk of a corporate event concerning Grangesberg in Q4 23 but nothing comes of it, the analyst visit but why, the run up in the share price to 2.2p only for it to lose it all in quick time ?
At the moment this company is a ghost ship.
So yes Parys Mountain, excellent drill results BUT where is the funding coming from for the next move ????
Bell interview, flying out to the DRC today, expects the process to take a few days.
https://youtu.be/17V8NPGIxTU?feature=shared
The reason Lanstead will not TR1 is they do not want to disclose how many shares they have sold, it's that simple, I would suggest they have dumped circa 200m to 300m and am preferring the high side.
Make no mistake if they could take this down to .15p or even .10p they would - they have no interest in either the company or it's shareholders and IMO continually breach TR1 declaration periods.
Look at their website, would you buy anything from them ? No information whatsoever, no clarity on personal, no information on Directors or even where they are located, nothing on their invested companies, they never exhibit - nothing !
https://lanstead.com/?loc=GB
Come on ORR, get them to declare their position.
The share price is now off 55% from the intra day high of .57p reached on the 22nd January, the stock has been in perpetual decline ever since the JV RNS of the same day.
The selling is coming from Lanstead make no mistake, this fall will, once again, anger buyers who bought higher up, there are many, it also makes the CEO look very foolish because he suggested (when the share price was in the .40p's) shareholders should stick with the company it was just the start of value creative news-flow, well those that did are now materially down.
The problem is Lanstead will not be moved, they have no interest in retail shareholders BUT they have to abide by market regulation and declare their position on a timely basis, they are not doing that are they. They would have only had to sell another 38m shares to drop a further 1%, they have probably sold fives times that number.
The company should make it clear to Lanstead that timely TR1 declaration is price sensitive and should be adhered too.
ORR were quick to take down critical posts about this deal so should be equally responsive in reminding Lanstead of their responsibilities.
My one request for Mr Bell is to expose who is behind the alias 'Banburyboy' Bell himself came on this thread and targeted this alias, even politely firing a shot across the bow in his direction yet it never flustered this individual one iota, the worry of a possible severe financial penalty would concern some individuals but not BB, this in itself tells you all you need to know.
Bell has already won significant damages against another bulletin board poster whose entire aim was to take this company down just like BB is trying to do, so there is history.
In my mind this poster is the lead player responsible for the extreme negativity that occurs with every single Red Rock RNS and ongoing daily negative trolling commentary thereafter. It is clear this individual needs exposing, Bell also took down a former Red Rock employee who became bitter and vented his wrath on LSE.
I believe Mr Bell reads these boards, as such he needs take action.
Lenigas tweet, he is also in the UK currently.
https://x.com/DavidLenigas/status/1767859288989470768?s=20
Worth noting that POW will retain upside on the gold project via their RRR shares, I suspect David Lenigas has a part to play moving the Victoria gold project forward, as mentioned many times ECR has a £6m m/cap based purely on a small gold licence right next to Red Rock.
Once again it shows how undervalued RRR is in the market.
A material re-rate is on here IMO, the valuation disconnect has been evident for a very long time to close followers of the company but it seems the market is waking up.
With £4m in the bank and a market cap, even after this recent move, only £7.25m, the ever expanding project suite is still valued at peanuts, no wonder target prices of 10p to 12p a share have been published historically.
A bid is still the likely outcome IMO.
Buy low sell high, and CNSL is low right now.
Nothing available at 3p, the next offer is 3.3p for small size of stock.
Something is driving this, of course the company is materially undervalued, the Health and Nutrition business being valued at £25m or 10p a share !
No RNS from RRR on this at the moment but I suspect this is in Lenigas territory, RRR gaining back control of NBGC with POW taking, in the main RRR equity, suggests to me that Lenigas will either secure Auusie investors or get the listing away on the ASX.
Remember ECR have a £6m m/cap based purely on a gold licence right next door to RRR in Victoria.
No doubt more to follow.
Just re-tweeted by Zak Mir !
https://x.com/Oilplayer2009/status/1767562595320369509?s=20
Watch all the bashers crawl out of the woodwork, they are trying to tell you to avoid a company that's in a annual $40b market share sector (gut health) currently valued at £6.5m with £4m cash , £9m ongoing revenues and a H&N business valued at £25m.
You can read their motive like a book, 24/7 bashing, bring on the bid approach.
Another angle on the amateur performance of the bashing brigade (apart for their obvious lies and distortions of the truth) is how hysterical they become when the share price rises, during the last run up to 3.2p they flooded this bulletin board with tripe.
Once again it shows they have a financial incentive to keep the share price down, their master needs to get the bid in PDQ before the next news, the clock is ticking.
Buy low sell high.
I see the latest POW presentation is still showing New Ballarat Gold as a proposed IPO, one thing is that POW are hardly short of investors or financiers so would not mislead, RRR hold just over 50%.
One wonders if there is news afoot on NBGC, this is just another spinning plate that sits on the many Red Rock poles, no value has been placed on it despite ECR attaining a £6m m/cap having a much smaller licence right next door.
https://x.com/Share_Talk/status/1767500198375313656?s=20
Ah I see the bashers who are working for a party most likely with an interest in acquiring CNSL have added a new alias to their armory, it is all so darn obvious what is going on.
Their master needs to make that bid or are they still stealthy acquiring stock behind the scenes ??
Just checked with IG, they are asking a premium for just £3.5k of shares right now, tail end of last week you could buy well below offer price so the SP looks poised to move.
As ever there has been very little coming from the company but if you know where to look it is clearly evident that there is significant interest in the product offerings, enquiries coming from as far afield as Australia.
The company remains materially undervalued, the bashers are here for a reason, ignore them, my bet is a bid will come and it will need to be pitched far higher than the current share price.
The last broker comment suggested the Health & Nutrition business was worth £25m, the enterprise value of the entire company is barely £2m !
Post from the other place a few moments ago........
broken_arrow1
11 Mar '24 - 16:06 - 105 of 105
The book has turned very positive over the session, for the first time for many weeks a large premium is being asked for just £5k of shares.
This moves very quickly in a thin market, traded at 3.2p late Q4.
I simply do not know how Lanstead get away with not declaring their selling, does anyone really believe they have not crossed a declaration threshold since December 28th, of course they have.
The reason they do not declare is they like to keep everyone guessing, they know retail investors steer well clear of anything they touch (pity the BOD did not realise that but they always have been market naive)
As I pointed out before if they have sold another 200m or even 300m shares that would be very bullish for investors as it means they have less ability to distort the share price over the remaining 17 months of the 'agreement' Lanstead do not want you to know this of course.
ORR should be reminding them of their responsibilities, oh another thing, as far as I am aware Lanstead never promote themselves at retail investor events like Master Investor or UK Investor Show nor appear at Proactive evening promotes, you can probably guess why.
it is the intention of the bashers, bears, shorters to drive sentiment into the ground, kick the guts out of longs with constant negativity, take the share price to lows that longs never thought was possible (like now) - however when these stocks turn they turn so quickly you would never believe it.
take for example another sector minnow orr, the stock hit 1p last year but was eventually taken down to 0.07p, bashers were all over it, management being ****ged off, longs were fearing the worst, but just one jv partnership was announced and the price moved from .10p to .57p in one session - this can happen to rrr !
I see BB is starting work early as usual, continues to deny working for anyone, continues to deny getting paid, continues to deny he makes financial gain from a falling RRR share price, continues to deny working for city firm(s), continues to deny he is working from a boiler room operation, yet has called the bashers a community, well I for one am no idiot and have firm grounds to believe the exact opposite. Bell should carry out his threat and expose him.
In the meantime, sub £3m m/cap with gold above $2150oz it makes Red Rocks gold projects very attractive to suitors, ECR now sits at £6m m/cap based purely on a small licence in Victoria, right next door to Red Rock whose licences are 4 to 5 times larger.
The shares are cheap, Bell or no Bell.