Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
How do you know he doesn't do anything if he doesn't update the market?
As for the pump and dump, if there was anything that represented a pump I missed it.
You can't be pumping if you're not saying anything, surely?
If they've got a deal coming and it's 18 months later than they hoped then any long term shareholders who are averaging multiples of the current share price will be coming out break even or with next to nothing for their porridge while people buying in today make instant multi-bags.
Difficult to imagine that's happening David. Sickening if it is.
Autumn 2022 panda, gold price $1650, share price 18p.
Spring 2024, gold price knocking on $2,300, share price 2p.
Obviously they need funds to finish this for sale or to accept a JV, but the NPV pretty well doubles between $1,800 and $2,400 if I recall.
Everybody who owns a company with an unloved gold asset will see this and think Barrick are talking about them but
Looking for something in Canada.
Upside potential/expansion is how Bristow has always added value, both at rand gold and barrick. Pay for a small one that might be a big one and make it into a big one.
If the soil sampling is to be trusted there's 4-6moz open pit. If it goes to depth as greenbelt does, there's millions more ounces below.
https://www.youtube.com/watch?v=S7mf82iOzAE
I spoke too soon. Two trades today. Two!
I also noticed today that Claude's main contribution for his time here, the change of branding from blue and red to green and gold has been undone on the website!
Back to blue and red!
Up next, Bill comes out of retirement?
A fortnight since David Burton said Landore would soon be VERY noisy.
One whole trade so far today. Where are my earplugs?
'New presentation due shortly'. 'Pushing the PR boat out'.
So far, two weeks on, nothing.
https://twitter.com/DavidBurton1971/status/1758439771691467096
On 4th January Glenn said
'The Board of Directors are confident that we will have a year of progress in 2024, with our operational focus being on the Company's highly prospective BAM Gold Deposit, seeking to bring the Resource to the development stage.'
Seeking to bring the resource to the development stage?
It appeared that with the strategic review they were basically told 2moz and PEA before we want this as a mine. Bill said so in that interview winter 2022.
Do a bit more exploration work with somebody else's money and accept a share of the profits if it goes well and becomes a mine? A drilling plan is ready to go.
Joint venture incoming?
I do try to avoid personal attacks and I know he does post here sometimes, but David Burton really does say some daft stuff doesn't he?
Constantly implies he's got insider information and that there's something major about to happen. Ok David. If you say so.
https://twitter.com/DavidBurton1971/status/1758047274431610898
On the radar of a sizable account again.
https://twitter.com/DDS_DocHoliday/status/1756988813685973459
Good god. Is there actually some buying?
It's all down to Glenn now. Let's hope he's still kept his foot in the door somewhere they had genuine interest.
From RNS 4th January;
"as well as exploring potential strategic investor, merger or sale opportunities in relation to its Canadian subsidiary."
"Despite a period of significant challenges and difficult market conditions, I believe the opportunity exists for the Company to reset its goals and restore value for shareholders."
"Restoration of value" mentioned Samval. Your comment r.e pragmatism was perhaps already understood by Glenn. Looking to exit without a total disaster rather than with a ten bagger by the looks of it!
Can't disagree with that one. Bunch of know it all types. As said on here plenty before, Bill did not once ever fail to raise money.
Quite sure he'd have got the next trench required in early 2023 and at a price that was drastically higher than the current shambles price.
Glenn buying in just a few months ago at 4x this current price mind you. It's insane.
They were confident enough to down tools at the start of 2022 without raising money for plan B, drill on.
Bill said in the podcast at the end of 2022 that people would continue talking to them and that they wanted to see it grown to 2moz with pfs. The share price was 18p not long after that and also around September 2022 by which time they must have known they needed to do more work?
If they'd just gotten on with it last year rather than bickering about the strategic review failure and spending six months getting rid of Bill, appointing Claude and fiddling around trying to do a dual listing we'd probably be half way from 1.5moz to 2moz and PFS by now.
The management who did effectively nothing last year are heavily invested here too. They appear to have fallen out so drastically during the strategic review that they favoured 'changing the wallpaper' in 2023 over just getting on with the geological work. That suggests the greed explanation to me Samval, but we are all guessing.