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Thanks to all for the information, it does sound encouraging and hopefully will present opportunities for Ceres. A reflection in the share price would be nice though!
Norway to build world’s largest hydrogen-powered ships - Interesting Engineering
https://interestingengineering.com/transportation/worlds-largest-hydrogen-powered-ships
They will be using fuel cells and I recall a while ago that Ceres were teaming up with a Norwegian firm to marinise their product. I can't remember who so if anyone else can shed further light on the subject it will be appreciated.
The JP Morgan target price is in Euros which equates to about £2.15 sterling.
I think Flatliners was being ironic. Note the last sentence: "I've kept some to sell at 0.01"!
I'm hoping so too, given we have a good relationship with the Bolivians and don't seem to have much trouble raising funds, so I've bought some more; 5M at 0.0348
Fingers crossed!
If we look back to last week when the news broke, come 14:30 there was very little change in the share price, so I think it will be the same today. I doubt Ceres is known by most investors in the US, but with any more major deals they soon will be.
Looking forward does anyone think an additional listing on the NYSE would be beneficial?
(Just pure speculation by me!)
Hopefully it may spur Weichai and Bosch into action!
https://www.hydrogeninsight.com/transport/sales-of-hydrogen-powered-vehicles-in-china-rose-by-more-than-70-in-2023/2-1-1586080
In support of what EyeQ said earlier, why would they steal the technology?
Weichai own 19.7% and Bosch 17.5% of Ceres' shares. They are the biggest shareholders and each has a representative on the board. Bosch and Weichai also have a long standing working relationship and any monies Ceres will make from the JV will only be a small percentage of overall revenue. So in my mind it makes no sense to walk away as for a small amount of money the reputational damage would be immense.
Yes, I'm as frustrated as everyone else here as I'm deeply 'underwater' too, but I think we've just got to sit this one out. Just hope I'm still alive to benefit!
Having read the 'chat' this morning (please chaps, tone it down a bit, everybody has a different opinion and we're all here to try and make a few quid) I feel I need to point out the basis of the lithium extraction technology; it only works on water soluble salts, ie a solution.
Taking one we all know, common salt (sodium chloride) when it dissolves in water it dissociates into its ions (sodium Na+) and chlorine (Cl-) which will then naturally gravitate towards a cathode and anode of an electrical circuit. The clever bit is to design a membrane that allows only targeted atoms through. Using this example again, sodium is a group one metal in the periodic table with atomic number 11 and lithium a group 1 metal with atomic number 3. Essentially lithium is a smaller atom, so the 'holes' in the membrane have to be engineered smaller to allow it through and keep the undesirables out.
Hence in a nutshell it is ideal for use with the salares of South America, keeps water use to a minimum, but in its current form cannot be used to separate hydrocarbons.
No, I'm not a chemist (ex R-R engineer) but just an interested layman.
I hope this helps.
A little more which includes an interview with Ceres' Chief Technical Officer.
https://www.proactiveinvestors.co.uk/companies/news/1032328/ceres-power-passes-major-milestone-in-green-hydrogen-program-1032328.html#
AFC Energy's ammonia cracking process now produces hydrogen of a purity that meets international standards for fuel cell applications.
https://ukinvestormagazine.co.uk/afc-energy-shares-rise-on-ammonia-cracking-hydrogen-test/
I have a vision in my mind's eye of the Chief Executive of ExxonMobil emptying the change out of his pockets for his 5% stake!
Sorry, I couldn't resist 🤣
I can't see that far back, but at UT buy has gone through at 16:35 for 114,595 at 318.6p.
Maybe the results aren't as bad as we fear!
And some other interesting news which may prove beneficial.
https://projectplant.co.uk/2023/08/jcb-confirms-second-major-breakthrough-in-hydrogen-technology/
Just my take on the situation:
This is new technology they have developed in the lab, which usually proves more difficult than initially realised to scale up to a commercial operation. There are bound to be hiccups on the way that will need to be overcome and which obviously will take time. My guess is it will be a little late and they will issue a RNS at the end of Q3 detailing progress. I hope I'm wrong!
I used to work for an aero engine manufacturer, new project development work was almost always behind schedule but luckily so were the airframers. It was a case of who blinked first!
Hello everyone,
My first post on this board.
I've had my shares a few months now and like everyone else expected them to 'fly'!
I note this morning Deutsche Bank have corrected their 'mistake' and raised the target price to 200p 'hold'.
Hello everyone, my first post!
I've held my Clon shares for a while now and like everyone else see the enormous potential for us all. I've noticed comments over time relating to market maker games and following a comment this morning regarding 'tasty buys' I had a look:
A buy went through at 09:17:26 for 8,391,013 shares at 0.1065p then at 09:28:06 8,391,023 shares were sold for 0.104p which to me seems very odd. I have to admit I am no expert, just an amateur trying to supplement his pension, but if anyone could enlighten me it would be much appreciated.
Thanks.