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In over drive today

Haven’t you got jobs to do at Oberon? All these pumpers while they sell down

Https://dataintelo.com/report/marine-fire-extinguisher-market

The global marine fire extinguisher market size is expected to see significant growth, with a valuation of USD 1.2 billion in 2023 projected to reach approximately USD 2.1 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.2%. This robust growth can be attributed to increasing regulatory requirements, rising awareness about marine safety, and technological advancements in fire suppression systems.

One of the primary growth factors driving the marine fire extinguisher market is the stringent regulatory framework put in place by international maritime organizations and national governments to ensure safety at sea. Organizations such as the International Maritime Organization (IMO) have set forth stringent safety standards and regulations that mandate the use of reliable fire extinguishing systems on board ships and other marine vessels. Compliance with these regulations necessitates regular updates and replacements of fire suppression equipment, thereby driving market demand.

Another key driver is the growing awareness and emphasis on safety in the marine industry. With increasing incidences of marine accidents, there is a heightened focus on preventive measures to enhance safety for both cargo and passengers. Ship owners and operators are increasingly investing in advanced fire suppression systems to minimize the risk of fire-related incidents. This growing focus on safety is propelling the demand for both portable and fixed marine fire extinguishers across various types of vessels.

Richard Stone, Chief Executive of the Association of Investment Companies (AIC), said: “The Chancellor clearly had a challenge to balance the books in today’s Budget with commitments to higher spending and government investment. There is a recognition that the government and public purse cannot drive growth alone. We believe the private sector, including individual savers and investors, should be encouraged to play a part too. The government’s commitment to the ISA scheme and limits for the next five years is welcome, as is the extension of the venture capital trust (VCT) scheme through to at least 2035.

“It’s disappointing to see higher capital gains tax for investors from a government which has put so much emphasis on investment and growth. Increased tax on profits from shares is a disincentive to invest in the stock market outside an ISA or pension. Bringing all AIM shares and pension funds into the scope of inheritance tax will act as a disincentive to build and retain those long-term investments for the benefit of future generations.

“Everybody can make capital gains on their stocks and shares up to the annual allowance of £3,000 before being liable for any capital gains tax. Investors should make full use of tax-efficient ways to invest – the pension allowance and ISA allowance. Investors may also want to consider VCTs which invest in small and high-growth UK companies.”

So May 31st ? Do you think they’ll get any orders and revenue before then ?

When are annual results due to be published

👀 Georgina Energy is aware of a number of recent blog and social media posts that contain a number of false and misleading statements made by uninformed third parties.

The Company views that the making of such false and misleading statements is damaging to both investors and the market, and constitutes market abuse under the UK Market Abuse Regulation. Georgina is in the process of reporting such statements to the Financial Conduct Authority.

Https://internationalfireandsafetyjournal.com/zenova-launches-ceiling-mounted-sprinkler-to-meet-growing-fire-safety-regulations/

Also - ➡ The sprinkler, developed at the request of a multinational client, uniquely handles various fire types, expanding Zenova's competitive edge in fire suppression. Certified to EN 3-7 standards, it provides 360° fire protection, specifically targeting lithium-ion and grease fires.

➡ A recent patent allows for retrofitting into existing systems, enhancing versatility and market potential.

➡ Zenova expects significant orders by year-end, positioning the company for growth as tightening fire safety regulations drive demand in 2025.

Have been busy. They’ve been dumping GEX so watch for TR1’s

If you haven’t made the connection how significant a product this could be.

Given “The sprinkler uses Zenova's industry-best fluid which addresses multiple fire causes, including cooking oil and LITHIUM BATTERIES, that ordinary water-based products cannot effectively extinguish.”

See Hitatchi Energy. Especially given their Energy storage systems for storing energy from renewable sources such as solar and wind, use lithium-ion batteries “and are enshrouded by a fire protection system”

For example.

https://www.hitachienergy.com/news-and-events/features/2024/02/helping-to-keep-the-heat-on-in-rural-maryland

“The storage system, one of two BESS projects BGE brought online in 2023, consists primarily of Hitachi Energy products and solutions, allowing for seamless connectivity. The system includes two battery containers that hold 48 racks of lithium-ion batteries, which store direct current (DC) energy and are enshrouded by a fire protection system. Adjacent to the batteries are four PS 1000 inverters, which convert DC to alternating current (AC) power. The project also includes a control system and two new distribution transformers.”

Not just Hitatchi Energy building Energy storage systems using lithium-ion batteries which need to be enshrouded by a fire protection system is it.

ZED have just launched such a fire protection system which will comply with new EU regulations.

Just have to sell it before they run out of cash themselves.

Zenova has launched its certified ceiling sprinkler unit, tapping into the growing fire sprinkler systems market, valued at approximately $12.65 billion in 2023 and projected to grow at an 8.2% compound annual growth rate (CAGR) from 2024 to 2032, potentially reaching $25.63 billion by 2032.

The Zenova CS unit is designed for safe installation in high-risk areas, such as kitchens, where household fires are most common, and it can be retrofitted into existing spaces. With its advanced Zenova FX fluid, this unit can quickly extinguish various fire types, including cooking oil fires, which are typically resistant to traditional suppression methods. This makes it ideal for deployment in areas where conventional systems may be less effective or even pose safety risks.

This “ FDA has recently completed its substantive review” in the Interim Report suggests GENI are not fully updating PI’s as they should regarding actual progress. So the SP has tanked before the upcoming placing, benefitting those shareholders not treated as mushrooms.

“ The FDA reviews the De Novo submission application for completeness and accepts (or rejects) it for substantive review within 15 calendar days. For substantive review, the FDA ultimately evaluates whether the device’s safety and effectiveness “can be assured through the application of general controls or general and special controls” and grants De Novo classification, creating a new device category. This classification creates a new regulatory pathway for other manufacturers to follow, as they can use the 510(k) process to demonstrate substantial equivalence to your device and share its product code.

While the FDA targets 150 calendar days to turnaround a De Novo decision, De Novo reviews can take longer than a 510(k) review as they are considering your submission with no precedent for its safety and effectiveness. If you receive an Additional Information (AI) request from FDA about your De Novo submission, the FDA will pause the clock on your submission’s review time. You must respond to the AI request within 180 calendar days or your submission may be deleted.”

Enki. Believe the clock was stopped and stopped again. 150 (FDA) days plus 180 days for response , each time. Clock stopping each time.

Bounce would be nice Tech. Who’s behind the shorts. Need to see the shorts burn on news though. Trading update?

Following successful re-entry to 8,030 ft and with the well in good condition, the Company deepened the Clink #1 to 8,550 ft to determine if the Precambrian could be reached. Precambrian rock was not found but a second thick Cambrian sandstone horizon was found at 8,290 ft all the way to total depth.

The Company will now complete the well with production casing and commence testing. Production casing will be run in the hole to total depth and cemented to surface. Testing will proceed after cement on casing is dry.

100M shares at 4p

or

200M shares at 2p

or

Worse.

or will FDA actually stick to a 12 month timeline for a November approval before placing.

Newuncle. You misunderstood.

?

#HEX Rig 704 at Ingomar, where the team is working 24/7 on the re-entry at Clink #1, ready to assess its #Helium & #Hydrogen potential.

Work continues around the clock!