Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Pages 15/16 certainly update well on the progress for being shovel ready in early '23. Time for a top up, sit back and watch. This is going to be incredible when it goes in terms of IOCA and the cash available to fund more exploration, more ridges, opening a silver mine. I wonder if there will be a Silver Company of Australia (SCOA) company formation?
UFO on the traders cafe hotlist:
https://www.**********.co.uk/articles/rns-hotlist-alien-audioboom-feedback-first-tin-greenroc-nanosynth-omega-open-orphan-pires-power-metals-sovereign-tern-5027917
The news we were waiting for. Well done to the LTH's and new investors alike, I don't think we will be seeing the recent lows again. Its been a bumpy ride and now we have eyes on the prize. Great work BBG and the team for getting us to this point.
Got to agree with the fence sitting of TP. Previous reports have copied / pasted already in the domain information, and discussed the potential to reduce the discount applied to the valuation based upon the risk. A bit "same old".
The report may be of use to a complete noobie on the ticker, but certainly not for anyone searching out progressive valuation.
Mornign AWP, my guess is that while it would be possible, there must be a finite amount of resources both human and mechanical that is available to extract /transport. Take for example the recent picture of the haulage wagon, I don't know how many of those there are but I bet the owners have them out hauling all day, so starting a new mine takes a commitment by the haulier on leasing more trucks, etc...etc . Personally, I've got a very good feeling now this is turning into a reality with offtake, machinery and plans being made. BBG must be using his time wisely down there with the team in pulling the project together. This time next year (Rodney) will be very very different, I for one will be topping up.
It's due to the short timeframe you are looking at. Any share price rises on good news / anticipation and will retreat on understanding the news and settling at its new point in the market with the information available. The recent silver discovery is great and has moved the price up, but "the market" (us shareholders) will want more results from the same project, results from a different project or an extraction to market plan to create revenues before they commit more to purchasing the shares and pushing the price up. IMHO This year should see a steady rise (no prediction here) interspersed with mini spikes as new / information confirming projects viability increases confidence in the ability to make money. Bill has stated Q1 '23 to have a project (DSO or silver) is the hard objective. Zoom out to the daily timeframe.
Iron ore up US$3.75 or 2.8% to US$137.40 a tonne. Over the week iron ore rose by US$10.65 or 8.4%.
https://twitter.com/CommSec/status/1485333080684793856
....looking healthy, good volume yesterday. Someone mentioned "on the runway", most definitely revving up but we need to break that .80 level then 1.2. Looks like we could be on for that with a good couple of announcements
https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=UFO.L