Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
It pains me to say it, but I’m not in the least bit surprised by this.
If indeed there is good news this week, as nice as that will hopefully be for the value of my investment, it sadly demonstrates that the company has learned nothing from last years shareholder frustration at HE1 being a leaky ship. If our good news arrives, then nobody can deny that anymore - there will have simply been far too many occurrences.
It’s mixed emotions, as although I’ll be happy to see the SP much higher again, I will have absolutely zero trust left in the company, and will certainly be exiting as soon as I break even.
Best,
Nate
HUR @9p again, almost can't believe it
Shares changing hands @ 0.7p - 10 months ago. A 12 bagger in 10 months...
The old BOD need locking up for their attempts to fleece the company from ordinary PI's.
Our operational targets for the remainder of 2022 are:
· To advance our in-house exploration projects seeking to deploy capital primarily on exploration drill programmes, targeting large scale metal discoveries;
· To advance our spin out model, working to secure independent listings of multiple vehicles, enabling the exploration packages that are spun out to thrive with independent management, financing, strategy and operational drive whilst building Power Metal's underlying asset value;
· To secure further disposals of project portfolio interests to augment working capital, which alongside the creation of spin out value will move the Company toward financial self-sustainability;
· To invest in, and focus on, Environmental, Social and Governance policies to protect and advance the locations, people and opportunity of the jurisdictions in which we work; and
· To focus on value creation from our existing portfolio of interests first and foremost, and to seek to replenish that portfolio with new, vibrant and meaningful opportunities.
If they deliver on this, it should stand us in good stead, and stop the rot with the recent SP performance at least. Fingers crossed for a move much further North than our current dwindling range.
Cloudbreak Discovery - Close of Placing to Raise c. £1.5 million #CDL @CloudbreakPlc https://www.**********.co.uk/rns/announcement/90b959dc-71f5-4614-bc0d-391984067498 #********** undefined
U.S. Geological Survey Releases 2022 List of Critical Minerals | U.S. Geological Survey (usgs.gov)
List is released every three years and new list was released yesterday. Plenty of new helium supplies coming online, so it would appear that we should factor in a lower price per bcf if indeed we’re successful with our exploration.
Best,
Nate
That's a very interesting article.
"Because it turns out that without synthetic graphite, batteries simply don't work as well. The lithium ions which spend their lives floating from cathode to anode fly across far faster when there is a decent proportion of synthetic graphite in the anode. Put simply, synthetic graphite is what helps phones and for that matter electric cars to charge rapidly."
Food for thought there...
Hmmm,
I can only assume this means that a rig and contractor have been confirmed for the deep drills, which is good news. However, it would appear that HE1 is as leaky as ever, and it would have been nice for to the company learn from it's previous mistakes in this regard. It doesn't inspire confidence for investors, when major players & mates are being so blatantly tipped off. It's a recipe for disaster actually for the average PI, so if there is no improvement on this front, then I will be selling as soon as I break even.
Best,
Nate
https://www.**********.co.uk/articles/traders-talk-with-zak-mir-jason-brewer-commercial-director-caracal-gold-feb8015
Just seen this…
“ £5.0 million secured working capital facility ('Facility') with a London-based institutional investor. The Facility remains subject to final due diligence and documentation and has been structured as an 18-month convertible loan note”
So we’ve subscribed for £5m of debt spiral financing… that’s a bad move.