Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Expect strong volume from the bell as FOMO kicks in .
Prelim results in Dec (Only 15 trading days away).
Take your positions ......
GLA
“ it is also worth noting that when rkh took over fogl no value at all was attached to their sfb licences.”
It’s also worth noting that you bought BOR above 50p and watched it fall ALL THE WAY DOWN knowing Rkh valued the SFB at zero since 2015
Hahahahahahhahahahahhahahahah
Talk about capitulation mode or WHAT ???
This is why he doesn’t want anyone buying at these levels because it absolutely kills him knowing that he said a average over 50p PMSL
Do the opposite of poor Phil and buy low whilst nothing is priced in. You get the most amount of shares possible with limited downside risk with unlimited upside potential.
Phil likes to give it the big I am but the truth is he hasn’t got a clue and everyone would be advised to take no notice of him unless they want to see their money disappear (50p+ down to 0.6p)
OUCH!!!!!
VELA the excellent relationship we have with AstraZeneca have produced the potential for a great therapeutic leap. This also has potential for non-diabetic patients with COVD-19."
It opens up the market and if successful will be worth a hell of a lot more .
Look at our market cap and compare it to all the other covid related stocks .....
This will go on a massive bull run before results are known make no mistake about it
https://mobile.twitter.com/AIM_bagger/status/1325368624048123904/photo/1
FOMO will 100% kick in soon , December is 15 tradingbdays away
If Bpc can find a way of drilling a wildcat well then I’m sure we can find a farm in partner for our huge discovery.
Farm in partner coming next year imo.
Majors look well ahead and the price of oil will start rising next year and we will be in a prime position in 4 years when we will have first Production. It only takes 3 years from sanction (very quick). At which point these could be worth £1 and thats if we don’t go elephant hunting .
We could also have oil below Darwin which really would propel the share price much higher than the 350mb
Schornhorst straddles Rkh acreage so if they drill that and strike , a part of it is ours and we might not have to spend a single penny
Bor have the best acreage in all of the Falklands and time will prove it!!!
Just my opinion and you you don’t like it or agree I couldn’t care less .
Another new investment imminent!
The Board is currently considering a number of investment opportunities in line with its existing investing policy and certain of these potential new investments are at an advanced stage of due diligence, documentation and/or completion. The Board anticipates a lively second half of the financial year and announcements will be made by the Company at the appropriate time.
The sale is nearly over ...
Make the most out of it before the shop shuts
DYOR
Just need the warrants out if the way and buyers . The only reason this isn’t 0.15p-0.2p is because of the warrants.
Massive buying pressure hasn’t stopped and I don’t expect it to either , so supply vs demand will push this UP on its own .
Although I think another investment rns will arrive next week, otherwise why convert £330k of warrants when they had £1m cash ?!!!
We have been told that investments were at advanced stages so that’s why a rns must be imminent .
IMHO
https://mobile.twitter.com/confluencetradr/status/1324616770817298440
0.2p first short term target
Moving back up
Must be imminent because Vela had £1m cash (off top of my head) , so the fact they they. Inverted warrants means they must have needed a bit more cash to do the deal .
Expect news as soon as the warrants have been sold. Oh and btw there was only 330m warrants to be sold and most of them would have been forward sold .
I thought we would be clear of them today at some point by looking at the volume over the last few days
Won’t last forever , nothing but a fantastic buying opportunity as the warrant seller gets more aggressive .
Once cleared this will fly back up before you can blink
0.68p for 100k
Slowly slowly catchy monkey
Just makes sense imo
It’s about the market cap - not shares in issue .
It’s undervalued
Under the terms of the Agreement, Vela will pay consideration of £2.35 million to SGS for the Economic Interest. Of the consideration payable, £1.1 million will be satisfied by the issue of 1,100,000,000 new ordinary shares in Vela (the "Consideration Shares"), at a price of 0.1p per Consideration Share, being a premium of 56.9 per cent. to the Company's closing mid-market price of 0.06375 pence on the day prior to this announcement.
The Consideration Shares will be subject to a lock-in agreement until the successful completion of Phase II of the trial, named ARCADIA, or for a period of two months following completion of the ARCADIA trial
They would have done due diligence on Vela (warrants etc) and they still agreed to a lock in
This tranche of warrents are nearly cleared .
There was 4.481b warrents (26th Aug rns)
16th Sep 1.4b
29th Sep 107m
5th Nov 336m
So still another 2.6b to be converted but as you can see they are not converting them all of the time, only as and when they are needed. It’s also worth mentioning that the share price has climbed from 0.5p - 0.1325p since they were issued so they have not had a inverse effect on the share price. It should be seen as a positive thing because we have money for investments whenever they need it (which will push the share price up to higher highs).
Once they are gone the price will be above 0.125p !
This buying opportunity will end tomorrow /Monday and now everyone knows the reason why the share price has been weak will install confidence for them to buy because they know that the cheap shares will be gone and a thing of the past.
Strong open with lots of volume imho