Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
They did state approx 30 days (covid dependent) so we are just over that now.
I know first hand that the deal announcement is very much coming, it has progressed well and amicably. It is currently in the paperwork stages (been passed between different sets of lawyers and they are trying to push it through as soon as they can. There is daily contact between all parties.
No confirmed date but I expect an RNS announcement next week. My opinion is this will be at or around 7p for starters.
2/3 weeks - 7p (SPA news)
5/6 months - 12p (IPO placing)
What I am unsure of is how far it can go after that once focus switches to Beutong. Interesting for predictions from others, short term, medium term and long term?
Maybe during your running commentary to yourself, you have failed to realise it may not be just ‘1 seller’.
Just relax, hold, this is as close as you can get to printing money. This will climb, there will always be ups and downs along the way.
Once SPA completed I think we will be around 7p, before hitting double digits in or around Q1 2021. Hopefully we get some beautong news along the way, which is where the big climb comes from after the placing
https://twitter.com/swazersc/status/1304784726033600512?s=21
https://www.youtube.com/watch?v=rB3i9sGxpVo
Actually, he didnt say that at all. Happy to be proved wrong if you can provide evidence? I believe he said they were expecting an offer on the table within 24/48 hours. People took their own assumptions from that. Multi million pound deals can take months. Standard.
The issue is with Hontop. No wrongdoing from AE side. Nothing can or will come of it with regards to AE. Even if it did or was, we are talking about a $70million dollar transaction from a multi billion pound company. Small fry.
Deals can take time. Have some patience. News released only a couple of weeks ago confirming both parties are committed and working towards an acceptable deal to shareholders. Thats the Relevent news.
Shown late, went through @ 8.20am this morning before the irrelevent news was clarified. More shares bought than sold again today. If you are willing to hold and show a little patience this is almost a license to print.
This interview isnt from the 24th June. I 100% watched this on youtube a few weeks back, after the news in May. Strange that it seems to have been deleted and reuploaded 3 days ago by Mining Journal though.
Expecting a positive reaction from next weeks presentation, followed by good news throughout 2020 as per yesterdays release which combined with a good deal with AE should result in another big jump.