Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
it will indeed.
the plants are still running full tilt, no covid disruptions. the price of gold is still strong, the last results were very good and the chairman expects this to continue.
killi sale is holding us back here, once finalised we will get our share price boost. even if we have to abandon the thing and sell off the plant it dont matter it wont be destroying our profits soon. the thorn in this companies side will soon be gone.
strange price here for a company with such positivity of the last few bits of news. not 1 but 2 mine reports due in 2 diffrent fields of which 1 has allready stated to be a good sized resourse with 12 diffrent partners wanting in. Also consideration that we aint running these shows on our own, we have a partner thats also reiterated the companies statements.
so why sych a low valuation here. i can only conclude not many believe the story. This share will multi multi bag or it will crash to nothing. no half measures here.
im in have been for a while i own 0.2% of the company and i aint selling. we have 2 shots at the jackpot here. thats decent odds most companies of this size its only 1.
good luck all.
im suprised to not see this lift today. as for dilution i think the company may sell down an investment to get working capital instead, its not like we are locked in here and cant sell an asset.
lot of sellers just feel disapointed at no lift and are selling out for pastures new, but the story here is still positive. your post seems very negative in the prospects here which i cant understand . the company has easily monitised assets they could sell if and when they need money, your 4 months to keep the lights on scenario gives the impression their about to go bust.
Been in and out of here for many years myself. Made quite a few quid doing so. However im in now and staying in because ive watched this company many years ive seen how its progressed. Getting rid of killi is something ive been screaming for years. I still dont understand why they threw so much cash at it. Basucally all the profits for years. I thunk eventually it would come good. Another reason im now staying in is that the building of the recycling plants has taking years, take a look back 10 years to see. Millions has been spent improving and buying equipment to build these plants which in turn has supressed profits and along will killi has a few times created yearly loses. B oth these points seem to be getting resolved under new management and im liking that very much. Without killi and without the need to continue building tge 2 plants this us a very profitable buisness tgats consistantly showing high profits.
The tailings im not sure about, i dont even know if it can be viably monotised. Its not easy making such grade if naterial profitable. However it has a few plus points. 1. The tailings are allready above ground, in place and ready to be feed a plant. If it wasint i would discount them completely. On the otherhand what happens to the tailings once they are processed, this could be expensive. Also building new plant to process the tailings puts us in the same position of previous years and sprnding the profits on equipment once again. Id actually prefer tge company to reduce costs and process as much as they can to build a good cash pile. Then they could look at the tailings with some of this money. I think we got a hint that this might be the plan in the last q&a availablr on youtube.
As for share price, i remember getting the one and only divi here when the sp was 15p we are actually so much better position than then when the mcap was 30mill. Much better but its taking years. I jumped back in here at 4.7p and again at 5p and im holding fir at least 15p which is very easily obtainable as long as tgey keep getting orofits from SA and also they need to imprive orofits at ghana which seems a more complex operation. I also think tge next expansion move could be a chillian plant. Id like to see that happen. But for now id like to see a strong cash bank before venturing into simething new. Yes boring but it would solidify the sp and secure tge company.
i dont agree and ive just sold my ESL for 8.45 last week. i think we are jus experiencing the adjustment in price for the new share issue. and i believe we are now at about the mark. mcap was 36mill befor the issue and now with added shares would be about 38 mill. so no real uplift to achieving an over subscribed issue or getting all the ducks in a line. People have just been selling down their initial shares. because soon as they come live there is gonna be a little sell off.
Once we shake out the new share sellers and we have just shook out the old share holders the price will rise here. im a buyer again around this price though im gonna wait for the sell off that will inevitably come in the first couple of days of the new shares trading before jumping back in. anyone allready holding i think would be best continuing to hold.
i think rms is actually worth a punt now, its had the hit looks cheap.
i i bought into BRH for the divi as it looked like there was quite a bit left after it was paid and there is. i sold out though the sane day at 21p then bought back in with more at 17p. today i sold that at 25.5p/. i think it will reach that 17p again, not because it dont have some good assets but because i cant see any real intresting news for the next few months. i also dont put much on the covid test like others do, i feel its to late to the party for that and i also feel lot of the froth is because of this. im a buyer again at 17p, if i dont get that the best of luck to everyone i hope it multibags.
gyrometric is where the money is at, if it works good it will become a intrument in every engineering department, the companies that would use this are endless, ship drivetrains being one that might become very important, one use ive not heard about even by the company is its usefull ness for not just checking gyroscopic wobble in shafts in operation but also in the installation of shafts as they need to be finely balanced when set up for operation this is done and set at manufacture but a field installation check to see its installed correctly balanced is invaluable.
the company is in a far better position than it was when it hit 15p and paid its one and only divi a few years ago. this next year looks like its going to transfor this company. the killi monkey off our back, full year of money from just our profitable operations . its all money in the bank from now on. at this mcap we will surpass that in cash in the bank alone in another year. things have looked up since we got rid of the old board. im holding for another year here.
you sold, while i bought more. yes im disapointed in the delay. however there is nothing yet to say we wont achieve a deal, and for me thats the crucial part. the price just now is silly and sentiment is poor. but the only thing thats changed is the timescale.
so even a small lift as we once again get closer to the deadline will lift me into profit and i intend to cash out some before the deadline if i can. but these prices are where money is made, risk/reward at under 2p is in my favour.
buy when others are selling.
got out 450 last week and jumped back in 401 and then again today topped up at 353.
i expect the results to be out tomorrow and of course they will show a loss, but thats not the issue. the outlook is what is important and this will be the game changer for this company. easily can double or treble by weekend. no more chance to get in at these prices the chance has gone me thinks.
been in and out of GDP for years. the company is now in a far better position now than when it was 15p and paid a divi. another good update and this will triple in price. id like to see them get rid of the mine, its been nothing but a money leech and after everything spent has it even got an intrinsic value more than the investment? id say no.
Id go as far to say sell the thing on the cheap to get rid, pocket the money and concentrate on building another process plant. australia anyone?