Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
What are you talking about... Lorna has let us down, silent treatment.... - 10th April RNS clearly states:_
"We are very pleased to be advancing into this next stage of the Rukwa Project - Phase III. Whilst we are preparing for the next operational phase, which includes the EWT at Itumbula West-1, we are growing the team to deliver the large amount of work that is continuing in the background and that will enable us to progress the project as quickly as possible. - EWT results early part of Q3 - July onwards - a little patience
Re-reading the recent RNS, Sale of Accredited in Q2 - so anytime from now until June
They say that the Legacy Plan outlined in the December Circular RNS remains achievable (although may take longer to fully implement)
and this from the Circular:
The non-life legacy market is significant and growing, with total global reserves estimated at $960 billion in 2022, an increase of $96 billion from the previous year1. R&Q has a strong pipeline, with identified transactions comprising over $850 million of reserves, including three deals in advanced stages with in aggregate over $100 million of reserves. Going forward, R&Q will continue to focus on transactions in the small to medium size range, where competition is less intense, and to offer compelling finality solutions for corporates in the US, UK and Europe. This follows R&Q's landmark deal earlier in 2023 to invest alongside Obra Capital, Inc. to acquire and professionally manage the non-insurance legacy liabilities of MSA Safety Inc. This strategy, alongside Gibson Re, will generate fees from two distinct but complementary pools of liabilities: traditional insurance reserves and corporate non-insurance liabilities.
Imo I don’t expect the price to remain at these low levels - been in my watchlist since February was tempted @ 7p plus then and it must be galling for the good people who were buying this time last year when it was over 70p - it looks like we get several RNS’s a month average also - gla
Dividend RNS 16th April, there was this:
"Post payment of the dividend Seed retains in excess of £4m in cash and we continue to seek opportunities that we believe could see significant returns for our shareholders. We look forward to providing further portfolio updates in short order."
I can understand long term investors taking a profit on their shares bought at 2p-2.3p before the dividend RNS, however, I would guess this does not equate to the 1p dividend you will only receive on every share you are holding or are buying/holding shares by the end of today, latest
I have never bought Investment Trust shares before so not sure how the share price works but equity stocks with this low volume of shares in issue, together with progressive buying and on top of that company buying their own shares how can it be only 3p now, let alone tomorrow? - if this slow rise is natural for this sort of stock surely it works the other way?