Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
You have no right to call me an idiot. I've been invested in URAH since last year. My investment in CGO is going terribly but you already know that don't you? Honestly I'm so sick and tired of people kicking me when I'm down. Why do it? Just because I've posted something that you don't agree with? I've been ripped off by a lot of companies over the years and companies telling me "we're going to do this, we're going to do that" and then they always miss deadlines. URAH were meant to be in production by March, but they missed that deadline didn't they?
I've been investing in the junior markets for several years and there's always delays when companies are trying to get into production, especially in Africa. I hope URAH do get into production soon and we all see the share price take off so I can recover my bloody losses at CGO. And after I do so, that's it for me in the junior markets. Way too much corruption and fraud, so I've had enough.
Peace out ✌️
It won't be reached. There will be another delay. Always is.
Rumours of a bid apparently, according to a Telegram channel.
well thats f***** ****. but at least we're still in the game and it doesn't look like we're going to get shafted at the moment especially as rab capital have participated in the placing.
https://www.londonstockexchange.com/news-article/cgo/placing-operational-update/16411108
I'm 85% down. If we end up getting ripped off here then someone is going to get physically hurt. No legal battles or anything like what shareholders are trying to do over at Bidstack (good luck to them nevertheless). I'm going to take a direct approach.
A billion tonnes of coal, more than enough to last more than 100 years, and we're supposed to believe the mine is sitting there idle, not producing or selling any coal, after all this time, after all the money and resources spent building it? This board won't see daylight ever again if they f*** us over. I'm not going to get ripped off again, not this time.
Let's see what Monday brings.
And Monaf can't even sell 1,000 tonnes a month. Forgot 1,000 tonnes, they can't even see 500 tonnes a month. The word stupidity comes to mind and has never been more appropriate.
So basically another placing is coming? Just like Vast, right Dave?
Lol you've got dodgy Dave Burton and Andy Blowster aka InvestingGenius pumping this and then pretending they never knew there was going to be a placing. Avoid anything and everything Andy ramps with his s h i t t y little charts.
Agreed Tray556. What is the AISC? No doubt this will be pumped by the usual suspects on Twitter and Telegram as it's got a low mcap but we'll have to wait and see what the profits look like.
If that happens, then there will definitely be consequences for the whole board. I'm not going to be ripped off again by a board and they all get to walk away unscathed, no chance.
Both for investing using margin and investing in UOG. If you're investing on margin then you've got to ensure you have enough capital to cover any calls, thats pretty standard to protect your positions elsewhere. If you don't then what we saw this morning happens. And yes I do believe it was a margin call or at the very least one investor selling given the timestamps of the sells (i.e. one after another fairly quickly).
Not great but it does indicate that the share price can move quite quickly when there's sufficient volume. We were 18% down and now only 10% down after buyers stepped in. We just need to see consistent coal sales of a reasonable quantity or a concrete bid for the mine with a discloseable price.
Massive deal on AIM? You do realise URAH is main market, right?
Looks like these lot have finally learnt to capitalise on interest when raising capital. Much better and let's hope we get good news in the next few months and we see the share price rally to 4p/5p.
More like the pitfalls of being an idiot.
Yes it does seem so. If the offtake with the MNC is signed and Monaf sell 6,700 tonnes to them as a minimum per month then that's $804,000 monthly revenue if the price per tonne is still $120 (it might be lower now). Even £50m mcap would give us a share price of 10.57p. They just need to consistently sell coal.
I don't know if I'm mad or stupid or brave but I've bought some shares today as I think the drop is over done. Only £500 worth so let's see how it goes. GLA
Yes I am absolutely PO'd ith these directors. We had our CEO Bernard Olivier sitting in a Total Market Solutions interviewin September waffling about how they wanted to raise money in a disciplined manner and at market prices. These lot are not new to the markets. They saw the share price go from 2p to 3p in a fairly short amount of time - not based on anything they had done, but based on interest from the Andrew Austin investment. They had plenty of time and opportunity to raise when the price was at 3p. And guess what? For some very bizarre, and quite stupid, reason they didn't. Raising money at a higher share price is better than raising money at a lower price because it means less dilution, fairly simple. They should have capitalised on the interest at 3p.
And no I didn't buy at the 1.25p levels. I bought at a higher level because I as a shareholder sat there and believed what Bernard was saying. I judge a man based on what he does and what he says. It's called accountability. Will they get into production? Who knows. If they can't even raise money in the right way to prevent unnecessary dilution, which is the major reason a company like this is publicly listed i.e. to gain access to investor capital (otherwise the company would be private), then my confidence in these lot getting into production is quite low.
Let's see if they can pull it off.
No? You don't want to reply David? I wonder why 🤔
Over 8 months since the washplant was finally installed and these lot have only sold 1,000 tonnes. Good grief, this is ridiculous.
Is good old Bernard going to do another interview and lie to us again David? Asking for all genuine shareholders and not the pump and dump merchants you're friends with e.g. InvestingGenius.
So basically you've now bought in and have started pumping?
We as "investors" know full well what we have here. Remember, we're not traders or pump and dump merchants.