Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
The company through legal advice thinks the reasons given by the GMSB to suspend the licence are wrong. The head of the GMSB has now gone, that I think tells a story. There is support for the company from other agencies.
Thanks for your concern, it is much appreciated. The RNS was a kick in the guts and came out of the blue. I sent MF an email, and he telephoned me. This has only happened recently hence the RNS. Obviously he could not disclose anything more than was in the RNS, however they believe the matter will be resolved, and the legislation has been applied correctly. This is more about the internal politics, with other officials showing support. The country needs inward investment, and the off takers are still talking and they understand the in country risks. The board is very much aligned with shareholders to avoid dilution. We wait, a hump in the road that is all, but bloody frustrating!
I would recommend that investors read the full set of accounts, plenty of value enhancing events coming up. The only question is when! Enjoy. The figures also explain the raise, locked and loaded as a bull would say. Sorry Safe, I am on the other side.
A very positive podcast, sounds good for the future. No mention of the sale of the coal, so I suppose if that is announced a massive bonus.
I agree that there is that risk that they have to go back to the market. They only raised 8% in the raise in February 1.25m at 7.5p, which was to keep them going until off take deals. From talks at the AG this I believe this will be sufficient, and the off take agreements will contain some upfront cash. They will be very keen not to dilute at these levels.
Yes I agree, but I think they are both coterminous. If I was an off takers I would want to know that the port is sorted. If I was the port authority I would want to know the company has off takers. I am assuming they will be both signed together IMHO. We just have to wait.
I can’t buy anymore, nothing available from 10k to 1k, should have done it yesterday!
Well the RNS confirms that we will receive 14.5p end of December, with another 7p extra due. I think it is a great Risk/Reward asset. Yet no buys so far today on the bell, receiving that confirmation!
LC is leaving the door very much open to use our coal if you look closely at the wording. The country needs power, and clean coal will need to be part of the mix.
I reckon the RNS will be tomorrow or Thursday giving the announcement on the preference shares. I fully expect that they will confirm the extra 10p, giving a payout at the end of December of 14.5p. We will still be owed 7p for next year. Not bad when you can buy at 103!
If you look at Tertiary minerals 2021 accounts, PC received a salary from Tertiary of 113k, of which 60k came as a contribution to PC’s salary in the form of a contribution to administration costs from Sunrise. Are you happy now Sheldrake, or do you think 113k looking after 2 listed companies on the Aim market is excessive? So technically I am right we are talking about Sunrise, he only receives directors fees.
Dan, you are dealing with some passionate investors, who are mostly underwater. I for one have put in over 250k over the years, and have become increasingly optimistic. Nobody likes delays, but you will find the delays have been to our advantage, as the value of our assets have been increasing. Not long now.
Dan, PC only gets paid directors fees and they are in shares at the prevailing price. I will wait for as long as it takes, as I believe the assets are worth we’ll north of the current share price. Pc is the biggest shareholder, shareholders are aligned with the board. Have a little patience, it is not a cult, just investing applying some knowledge. I think I will be well rewarded in trusting PC with the family money.
Now that did make me chuckle Sheldrake. So sure, so positive that PC will never be able to do a deal on anything. Can you read the future? I am afraid you come across as someone who is somewhat lacking making such a statement, with RNS’s painting a different picture. Let’s see who is right. Enjoy the suspense.
So Dan what you are saying is that if PC does the deal of the century and the share price rises to 3p you will be disappointed in PC as he should have done it sooner? No RNS means talks are ongoing on all 3 projects, you might be surprised if you can wait that long. Over those 4 years we have proved off the effectiveness of our Pozz, it works. We have discovered the Hazen site, and have a very good potential over 2 kilometres of Sepiolite. All adding value.
I think MF is concentrating all efforts an the off take agreements, and is not going to communicate anything else to the market until he has signed contracts. He knows that is what we are waiting for. His efforts at tweeting, what I believe to be positive news to allay fears of lack of advancement, backfired.
I have faith Dan that PC will deliver, and have been backing my faith in buying more and more. The question for you is what would the share price have to rise to, for you to say PC has delivered? The faithful are saying that the fat lady hasn’t come out to sing yet, so we get a bit fed up of people calling time, when the best part is yet to come. Big deals take time, in what is a very conservative industry. It is very clear the direction that the cement manufacturing needs to go, we are well positioned to capitalise on this move. Relax and enjoy the suspense, one RNS away from a multi bag! 3 live projects as well.