Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Guys, please, I do understand everything you are saying, it's still a lot of gas, I know that, but just needed to make a point about why it dropped as it did, and I am totally correct on that. We have a lot to look forward to but the mm's only need a whiff and they are very adept.
Better times are around the corner.
atb.
Sometimes it's difficult to face the elephant in the room. The main reason the sp dropped significantly yesterday is because the figures were much lower than the expected or hoped 5.56 Tcf, about 50%, which had been printed on numerous updates and even on the Baron website. Yes 2.7 Tcf is a lot of gas and I am confident it will be eventually be sold or form part of a JV but the market has and always will react to news that is not as good as expected. Better to under promise and over deliver than over promise and under deliver.
We do have the JV / Sale of Dunrobin which came in double the volume @ 200m barrels to which 64m barrels net to Baron depending on price but at $1.3 could see nearly $85m drop in to the coffers. This would be a game changer if it happened in time for the negotiations at Chudditch and put Baron in a much stronger position and at the same time increasing their options.
So it's not all doom and gloom at all just being realistic in how the AIM market operates.
atb.
Bitcoinbull good post, Obelix obviously it's impossible to give a timeline as it is all news driven be it rns / update related. For me the biggest catalyst is the mining pools, if we can 'sell' the algorithm to the mining pool sector then we go north in a straight line imo, more so than an individual bitcoin such as Hive or Bitmain.
atb.
Allenby raised the risk value to Baron Oil up 52% ( $237m ) to give an sp up from 0.7p to 1.027p. More importantly the success case is raised to $854m which would give an sp of 3.6p.
People overlooking this incl mm's. Just sit on hands for a few weeks / mths to see what transpires.
atb.
Allenby Broker Note revised risked sp up 52% ($237m) from 0.7p to 1.027p, more importantly a success case valuation is given at $854m which would give an sp of 3.6p.
This currently being overlooked by people incl mm's, just sit tight on hands for a feww months to see what transpires.
atb.
At times of lengthy periods of no news it doesn't hurt to go back and look at the fundamentals, podcasts, rns's etc to remind oneself as to why you invested in the first place. If nothing has changed for the worse then those reasons will still stand and be relevant.
Some of it will require the trust and belief in the BOD, in this case Francesco Gardin.
I do believe him when he states we are close to a Patent whose content will show an improvement in Bitcoin mining speeds of circa 30% , I also believe this is the reason we have recently had the computer scientist Dr Kumar Lov Grover come on board, he is known worldwide as being one of the forefathers in the quantum field, it is not something he would have done if he could not see we had something special / significant.
Many catalysts could come QBT's way and it will take only one RNS that states we have a deal with a major semiconductor manufacturer to allow programming of our 30% 'faster algorithm' to see the sp take off, then 50p would not be a pipe dream in relation to our current MarCap.
For me we have simply too much going on, NDA's, talks with majors, the best tech teams etc for us not to succeed, we won't be the only ones but succeed we will, the only thing I cannot foresee is the timeline.
That said, I am happy to wait.
atb.
Davies hi mate, I don't read it like that it states contingent, perhaps its just me, would not Allenby have offered a NAV on the 5.56 tcf and not the 1.359 tcf, that's my bug bear, so wish to be wrong. I have read it a dozen times and looked up contingent and it's a bit vague.
I am happy to have misinterpreted the broker note if that is the case, holding 90m.
atb mate.
Robert I posted a week or so ago and I am still of the same opinion that the CPR is only about Chudditch1 i.e the 1.359Tcf and not the 5.56Tcf, at this stage at least. Can I have your view on that as I got a response that was, let's say, contradictory,
I do expect 5.56Tcf to be brought to the table at some stage but the broker note is valuing the CPR at just Chudditch1.
I would be elated to be wrong.
atb.
Worth noting that whilst Boil / Andy expect the CPR by end of Feb, and it still might happen, that it is being worked on and will be released by ERCE when they are good and ready so in that context it is not in Boil's control re the exact date so it might slip over in to March but no biggie in the real scheme of things imo.
atb.
passiton have you any experience of the possible % return would be to shareholders If / in the event a one off dividend is issued from a sale? I know its a generic 'how longs a piece of string' but RBD stated they would return 40% of the proceeds form their Corallian profits. I would expect a minimum of 25% bearing in mind the BOD would be eligible as well so they should promote a decent return, hopefully.
atb mate.
Just hope on any sale or JV that we get something back in the form of a Dividend, for the majority of us here even a 25% return of Chudditch proceeds should be a significant amount and without having to sell a single share, a win / win.
atb.
Davies absolutely no problem just keeping it real for the time being, I have nearly 90m so not talking it down, I want it to succeed as much as anyone, the bottom line is the 5.56Tcf is talked about and mentioned on every presentation so it will be relevant at some stage in negotiations ( I hope :¬) )
atb mate.