Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
He needs to get a shipment off soon that will 1. Comply with latest shipment to Canmax must be in May and 2. Need some additional revenue to keep it all ticking along.
I reckon now it has been shall we say reasonably optimised, we are maybe looking at a full month = 3000 tonnes. So 3000 tonnes = approx 96 tonnes per month. He could could maybe ship 4 days worth = 384 tonnes (bags). Reduce to 374 bags and that's 11 trucks. 374 x US5000 = USD1.87M so 90% advance payment on dispatch = USD 1.68M
Not bad for 4 days production and with a super high margin.
Also, we prove we are on for 3000 tonnes per month, calculators more important than mine will be working away and working out full year revenues, pe ratios and values. I think once this happens, the share price will be galloping up to 2-2.5p within 6 weeks
Alert, you seemed to have raised a non issue. Shareholders that follow this closely know that the loan has to be paid off in 12 months. How we pay it off and how quickly we pay it off is up to PREM. 100% of the SPOD supplied to Canmax could mean we pay it off very quickly, but that's up to the BOD to decide.
Last minute permits should not be holding this up, they should be cracking on and sorting these minor issues in due course. what's the worst that can happen, a minor slap on the wrist or a small fine. He shouldn't have even mentioned it. A supplier of mine in China build a bloody great multimillion pound factory and a nod from a government department and sorted the paperwork after. If George lets this dealy us more, it costs us far more than a telling off
Bang on Nelson and despite the quiet chairman, I am convinced big expansion plans are being developed with his input. i wait patiently for 50p+ having accumulated from 1p
JV's really. i think I hold more shares in each of the companies TIR hold. It's too small an entity and I wonder if it just needs to be wound up and money returned to holders?
But a possible shell situation maybe for a reverse takeover etc
16+% up on no news. Not sure of my exit plan on this one, suppose I have to wait till Colin sells the company on. Only have 1M but dump that and could promote a 50% crash based on what that £50 trade did :-(
Fabulous
Kavango are getting whacked as well despite decent news from others in the KCB
I am still very confident in jubilee and also believe something is brewing in the background to elevate Jubilee to the next level. If Leon can hit some of these self imposed targets for copper and cobalt, sales will exceed $0.5B. I think that Alpha report is too optimistic in its short term price targets but do believe we will see a share price north of 50p within the next couple of years as long as we don't get a global market crash or WW111
What an earth is happening to the share price. Is it holders having to sell recently to pay the end of Jan tax bill, if so, maybe we will see some upwards movement soon? or some delays we haven't been told about yet. Over to you Colin for some solid news soon please
He's buzzing over the KCB now isn't he, yet for many months, radio silence
https://londonminingnetwork.org/2022/01/chile-the-advance-of-the-toxic-mountains
If Jubilee gets a sniff of this business and bear in mind our chairman and new non exec covered this patch. Oh lordy, it's a new ball game. They have to be careful not to expand too fast but I am convinced they are soon to announce plans for South America with some major funding. Leon has all but told us the books are balanced and ready to take on debt funding. I smell £1+ in the coming few years.
I have quite a few shares held for 10+ years
Are we going to see the resource report from Addisons before he puts it out to contractors for tender
He held the ones back that we wanted so we should drill and improve the value before considering any offer. Cobre etc are unlikely to take a complete punt with a big price tag, it would surely be a low ball offer which we don't need. Lets hopefully get the $80M from Sandfire and drill drill drill
Great grades. We are a sleeping giant. Can you imagine our price if we get some grades like that
I have a moving target, currently 5p but if it shows signs of getting there, then raised to 10p
I see some holders have long term averages above where we are now. Good on them for holding through some horrific times and many have been in the 80-90% down club. My first buy was around 0.35p and i was also in the 80% down club. Thankfully I averaged down and now making good money. I would let your holdings ride and see what the outcome is, takeover for some multiples of where we are now or a real whopper of a price
We don’t believe lithium supply can keep up with this level of demand growth. Lead times for lithium mines (from discovery to production) can take 5+ years, so there is no quick fix. If demand can grow at the market’s expected pace, this could lead to large supply deficits from 2025 onwards.
George needs to get some additional units on order with Stark. They say above there is no quick fix, yet Stark can produce the kit in 6 months. If everyone is clambering for this sort of equipment to produce multiple pilot mines, we don't want to be at the end of a queue to get it
Jenkoo, I quite like The Moneyweek Podcast and UK Investor Magazine
https://www.newsncr.com/business/trafigura-warns-the-world-is-running-low-on-copper
Don't forget the EV and renewables market will use oodles of copper. Crazy price JLP is now but i am 100% sure we will do very well in the medium term. A weak buy only because there are weak holders cashing out just now