RE: Boom18 Oct 2024 08:24
You cannot get many to the upside. Remember that the largest shareholder and BOD took a few out over the last few weeks. MM will try to drop it at every opportunity, but any severe buying will cause them to run to the hills. A close above 13 looks good on the charts.
So, a significant shareholder is buying more, BOD is investing, and a massive player endorses the tech and yesterday's RNS ref City Oil. These are all positives. I am very optimistic.
It is anticipated that this project, which is expected to be announced by the City no later than Q3 of 2024, will attract significant funding and will be a blueprint for wider technology adoption in the US and internationally. Under existing contracts, Sabien will benefit for both sales commissions on the supply of equipment to the project and a share of operational profits generated by b.grn".