Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
It’s really important to bear in mind that this stock was artificially lower (by about 400%), we haven’t even reached the start of the beginning of any sort of realistic price for an asset of this value. It will be as volatile as f*** during the rerate, but, as I said several weeks ago, there is more upside potential here than Donald Trumps social etiquette.....
When the market became digitised and more open to the general public there was always going to be the risk of impatient kids who can’t absorb technical information flitting in and out of shares, loosing money in an endless spiral of chart-surfing greed. Eventually the best ones slow down and start to see that investing in something they believe in setting a goal and sitting back and waiting is always a wiser strategy. These kids do important wok in the meantime, creating liquidity and selling shares at the bottom to less impatient investors. I’ve seen it all happen a million times, they’ll all be scrambling over each to buy in again soon....... and never manage.
I’m expecting this to follow Largos lead initially (given the market still inexplicably appears to regard us as just a vanadium producer). Imagine the traction this will get when the RNS’s arrive firmly establishing as something much much bigger than that ! I’m expecting a catapult off the vanadium price rise. And I think Fortune will time this next one beautifully :)
Looking at the broader pattern of tin prices it really is quite volatile, but undeniably reaching the turning point now, the 20 year upward trend line has been reached, so probably all upwards from here and the tantalum will just bolster the rise when it starts IMO.
A couple of days ago, this was underpriced even before Christmas given the value of their asset, WAY undervalued. So if you’re one of the lucky ones who got in a few weeks ago when this share was dragging its a*** on the sea floor of mining shares, you will multi bag. Pure and simple. The market punishes but it also rewards.
The drop in December was well overdone, and the drop in March was manufactured. Even at pre-December highs this was undervalued for the value of the asset alone. I’m not expecting the rise to stall for some time.