Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Really hoping to hear something by the 30th tbh. Not saying we are anything like KOD but we seen what serious investment has done to their share price this week. The same will happen here in my opinion
GLA
Huge potential here. Happy to sit and wait
It’s not sure shares as stated and any investment will be welcomed I’m sure. Need to look at the bigger picture here. Not short term
The wait continues
Update on Formal Sale Process and Strategic Review Process
On 17 November 2022, the Company announced that following a review of the proposals received, a preferred partner has been granted a 60 day period of exclusivity to carry out further due diligence and finalise its proposal. This exclusivity period has now been extended by Tekmar for a further 14 day period, with the mutual option to extend for an additional 14 day period if required, to allow the preferred partner to complete its due diligence and finalise its proposal.
I still think this shares well under the radar of most investors. Happy to wait here for the ££’s
Well todays the day. After 60 days of waiting we have finally arrived on D Day. I really hope the investment deal and been signed off and hopefully this week we will see the RNS that states the plan going forward.
GLA
November 17th 2022
Following a review of the proposals received, a preferred partner has been granted a 60 day-period of exclusivity to carry out further due diligence and finalise its proposal. The exclusivity period relates only to alternate debt or equity financing proposals and, for the avoidance of doubt, does not prevent an offer being made for the Company by a third party under the framework of the Company's formal sale process.
The proposal being considered represents a strategic investment from a global institutional investor in the energy sector, which would provide funding for the Company to follow an ambitious plan for growth, both organically and by acquisition.
The proposal being considered would not result in an offer being made for the Company's shares but would represent new capital investment, at or around the current share price, and would allow the Company to retain its admission to trading on AIM.
There is no guarantee that this proposal will be completed, and further announcements will be made as required. If the proposal is successfully completed, then this will conclude the Company's strategic review and formal sale process.
Hopefully hear something Monday either way
Well said! Couldn’t agree more
Looks like it
Suthy what absolute garbage. They’re away to get a serious investment or takeover as stated in RNS’s.
One hit wonder????? Offshore wind is here to stay.
Company has stated in RNS that any investment will not be for shares.
You missed the boat move on
DSFLAT
Fantastic day, like you said investment RNS to follow. Glad we are in at the bottom and looking forward to the rise
Middle East is a huge play. All the concrete mattresses are built out there. The company is a serious buy
Out with the weak then off again! Great opportunity here. It’s a must buy! Huge news with all these contracts landing whilst we are in discussions for a takeover/investment. That should seal the deal now if it already hasn’t.
GLA
Brilliant RNS this morning with two contracts being won. 1 for £8m and the other for £2m. Just need the investment RNS now and we are flying
GLA
Yes I have been counting down the days also. Hopefully the investment is for a considerable amount of money. I like the fact no shares will be given as stated in the RNS also. Definitely an exciting time to be invested. Roll on next week.
GLA
DSFLAT
I think someone knows something. Not a pocket money trade that.
GL
It’s getting lowered to spook people into selling then filling big orders. In the last month there’s been.
2x 2m
4x 1.8m
Someone’s building a big position I suspect
Just need a 10% win of that contract and that would be a brilliant order to get along with everything else. It’s safe to say DEME like working with us. Fingers crossed
GLA
Great port Porter, hopefully everyone is loaded up now for the rerate and news that’s due.
GLA
Lovely seeing this rise whilst away! Come on