Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
You cannot compare HE1 to BRH. TB is an out and out crook. If I'm being kind, DM has at best, been misguided.
Completely different scenarios, but I like how you've tried to bend it into a good news story as if the same will happen here.
I will be delighted if we manage to hold the 6/7p range.
Nate
Buys for such small amounts are actually a pi55 take, I had 500k shares, more than twice what the CEO has now. Surely, this has to be a PR stunt gone horribly wrong? They're making themselves look more incompetent by the day. They would have been better off not buying anything, than buying such piddling amounts. It's almost offensive to all of the PI's that are underwater here from believing all of DM's BS. All trust is completely eroded now.
KOTB
Thanks for sharing, I hope you didn’t lose too much if you were tied up in that. Here’s hoping for a better outcome for the holders here.
Nate
I hadn't even heard of this company until I saw it on the risers list yesterday. A little light reading, and I genuinely can't believe the scale of the corruption here. £260m raised and primarily spent on developing the Nigerian assets, which have produced £24m of revenue over the last 6 months, and by the way, nobody here is entitled to any of the profits or day-to-day decision making. It's almost unfathomable.
The worst part of all, is that the RNS text, along with the Chairman's comments, both start with the words "pleased to announce", I mean, really? That surely has to be a misprint!
I feel really sorry for those of you stuck in this.
Best,
Nate
LB28
It will take a little longer for the broker related placees to finish flipping their shares for a small profit, it’s just what they do. Flip for a quick profit, rinse & repeat, it’s just their strategy as it minimises any risk and they can keep recycling their cash. We should finish clearing them fairly soon, and then we should start to see us gradually move north towards something like fair value.
Best,
Nate
So much for shorts getting burned? I was beginning to think I was reading a different update to the one being discussed here…
What a spectacular display of incompetence from GC and his team yet again. He will continue to ramp this until, oops, did we forget to mention that Volz are having production issues too, and actually, the Indians have just came to market with a similar mask and it's cheaper to manufacture. Or, oh, did we say 14m, we meant over the next 20 years.
If I remember correctly, GC had already sold half of the original 5m masks / month they were supposed to be manufacturing in-house to a distributer selling into the NHS, and that was what, 9/10 months ago... what happened to that agreement? It's literally impossible to trust anything this BOD have to say for themselves and quite how they haven't been rumbled by the FCA already is beyond me.
Best,
Nate
They should, I agree, but I don't see it. Why bother when you can just revise your performance criteria to award yourself millions of shares for free, at PI's expense... the latter being the more likely scenario here.
Shaa,
Agreed. Even on current metrics we know the ballpark valuation of where we should be, and whether that's realised this month, next month or the month after, I know that it's coming once we've churned through the flippers.
Best,
Nate
Thank-you Mr. Positive,
It's nice to see somebody talking some sense. Frankly, I can't understand the pessimism here. I can only put it down to holders being locked in for so long that they expected their gains immediately and have now turned as they're having to wait a little longer.
This company has a lot going for it, and the gains will come, you just need to have a little more patients and let the market mechanics work through.
Best,
Nate
Wise,
That's great, thanks for this. It's a shame we can't delineate the make-up of the company without paying for a service! It would be interesting to note the breakdown of the shareholding, whether it's entirely POW as the SH's or with other affiliate company's related to the POW BOD with shareholdings too.
Bitcoinbuyer has peaked my interest here, as I had assumed that the spin-off's would be entirely for POW's benefit. He's quite right to point out that the BOD can also take holdings at pre-IPO rates through their affiliate company's, such as we've already seen with the recent warrants for several million POW shares. It's demonstrating to me that to me that we might not be as entirely aligned with PJ as I originally thought. I would like to see POW as the investment vehicle through which our BOD realise the gains from their investments. If they can take direct holdings in the spin-outs at incredibly cheap pre-IPO levels (as they always are) then we're spinning-out POW's existing assets and gifting them to the BOD on the cheap through their affiliated company's. That doesn't sound very aligned to me and so I hope I'm wrong.
Best,
Nate
Vol. Sold 27,053,295
Sold Value £95,733.94
Vol. Bought 113,943,634
Bought Value £404,876.20
Another day of solid buying, 4x the number of buys today. When the MM's have had their fill, I'm expecting this move north fairly quickly. If not before, then here's hoping the Q2 results are the catalyst to get the ball rolling.
Best,
Nate
Rich,
To be clear, I completely agree with you. This is very high risk and no share, ever, is a sure-fire winner. Although, logic and rational thinking will tell you that with news leading up to the next major drill program next year, this could move higher from current levels, on speculation alone. The question I guess is whether or not people are prepared to wait and have the required patients.
It's my own view that this will probably drift now, until possibly results of the seismic later in the year. But that said, if I was in his shoes, I probably wouldn't risk trying to trade it either, since it's almost his entire pot.
Nate
Glib,
That's astonishing, 90% of your PF, I don't think I would be able to sleep at night. The only thing I can say is, I hope you haven't sold any at these prices. If you sit on this for the next 12 months, there's still scope for you to be very happy with your investment, or at least break even.
Nate
Wow,
So funny, I actually nearly spat out my coffee there!
I step away from the board for the day and Levs has had verbal diarrhea all over it, throwing wild accusations out all over the place.
Somebody call the cleaner!
Best,
Nate