Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Camk,not been long enough to know about the knee replacement company! From memory in South Disouq they have 1200 acreage and they have mapped/studies around 300 acres. First drilling - SD1 costs for first $3m is covered by partner and I think they've spent $3.7. Hit gas (65 feet) at 7777m deep as per 3D mapping and now going deeper to find oil. Gas estimated 150-300bcf (On SDX bb this was quoted as similar to AEX Ntorya find (not a holder). COS pre drill was 13% and now that's de-risked as per RNS. Gas alone should add £1 to sp as per Malcy's interview, blog etc. More SD drillings planned SD2, SD3 and also the other 900 acreage to map!! Majors have been knocking doors to ask farm in but not needed so far. Worth listening to CEO interviews + Share Investor event in Edinburgh on 15th May. SDX is also listed in Canada which had the news first on Easter Monday. AIM sp raised started on Tuesday. Despite selling, sp has broken resistance level just under 58p and now 63p. Topped up this morning at 62.9p. Election news seemed not to have had a negative impact on sp at all! My original plan was to buy SDX on the back of KENV's profit (now I'm under) but the options now either sell KENV at a loss and re-coup in SDX or average down in KENV (tempting). Good luck Camk. Keep writing. hyms
Hi all, just sharing... if you don't mind 2-3 bagger in 3 months, have a look at SDX - oil and gas explorer and small producer - aiming to be mid-tier. Current market cap around $130M aiming for $1B - CEO Paul Welch, ex CHAR. Just found gas on latest drilling which matches well with their 3D mapping and drilling continues for another two weeks for oil. I bought it at 52 week high a few months ago (43p) and have been averaging up since and bought more today. It's one of Malcy's top picks for 2017. It's profitable with no debt. Condolences BB. Take care all. hyms
Camkite... Nooooo!!.. If kidnapping doesn't work, what about my plea. We are charity cases too. Please Sir Camkite, we want some more!!! :-() The good thing is, as of this evening you're still posting. I second the idea of you continuing this bb, just the trades (less than 144 characters. lol) - just the trades :-( No need to explain. Won't be as much fun but that ensures we all don't suffer from withdrawal symptoms. hyms
Well played Camk... please don't book another holiday soon. Stay where you are... Re ALL IN strategy. That's exactly what you did at the start of this. All 10K in KENV and it worked and the diversification came after. I also notice that you haven't bought shares in 20 companies either - only 4-5 at any one time. There must be something in that. With MAFL trending upwards and no stopping, how easy was it to press that sell button? When to sell is a huge issue for me. Hyms
A few shares that I've written off for last 2 years are making a come back, HER is one and by far the worst - last week worth less than broker fee - and 10 bagged from last week :( The others EDL and VOG (decent profit at that now). Maybe I should have a new 're-incarnated' drawer. hyms
Hi Saxxx..., I don't know for sure but worth contacting BMR and ask them. They operate in Zambia which is one of the largest producers. My inkling is they may know where/which company but it wasn't mentioned as their current focus. Care to share re your quest on cobalt? Let us know how you get on. hyms
Hi BB,... and with permission Camk, Last time I felt like I owe you a tip. Not generally a good tipster. Have a look at SEE chat... someone contacted the company and was told RNS will be tomorrow. Lol. Price has been suppressed as no news. Finncap target 12p very detailed broker note. I'm a holder in SEE for long-term. Due half year result anytime now but news on contracts are overdue. Of course I don't know if it'll go up tomorrow... certainly if it goes down, don't hunt for me. :) As always... DYOR.
Hi Cam, well played mate and enjoy your hols in Thailand. I've been following this closely and put into practice the 'dummy's tips' from a few weeks ago. I wanted to update you on how I've been getting on. Have a look at BEM - Iron ore exploration in sweden and graphite in finland. I'm in BEM and well into profit, but the last 2 weeks it's been more than a rollercoaster ride - new highs and free falls. BEM is waiting for the much delayed mining concession and decision may well be this week. The Swedes are trading this like mad... back to January levels when BEM was rising 20% daily in LSE. most shares are now in Sweden. The down side is current market cap is already c£70M - for a junior Fe mining company, do you have a view of what's a reasonable market cap? Enjoy your hols... Krabi in the south is nice but we went to Perhentian Island (East coast of Malaysia) instead. hyms
Thanks Cam, 3putt - really appreciate the tips. I have been burnt before (no particular strategy but was on AIM) - and now just about trying to cover my losses after many years of not trading/investing. Will now try to do better, focus and luck... and thanks again. hy
Hi Camkite, I'm trying to follow this. A complete newbie and in fact not a trader, more of a kind of buy and hold. But I can learn new skills. Could you advice which trading platform you use and any live data on sp - including buy orders etc? If I'm considering trading seriously, there may be certain must-have tools prior to stock picking? Many thanks. hy