Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
This could also be seen as an indication that the sale of Leap is imminent. I.e. no immediate cash need. Last offer for Leap was $4.9m
In fairness the deal with Tersum is tiny in comparison with the offtake agreement with Aphria. 150 kg vs 60,000 kg
http://www.nuuvera.com/assets/media/nuuvera-pr-tersum.pdf "ARA-Avanti Rx Analytics Inc. (�Avanti�), a 51% owned subsidiary of Nuuvera, has entered into a Sale Agreement (the �Agreement�) with Tersum S.A. (�Tersum�), an Uruguayan licensed producer of cannabis derivatives that is a wholly-owned subsidiary of ICC Labs Inc. (TSXV:ICC). According to the Agreement, Avanti will purchase 150 kg of 99% pure CBD from Tersum in 2018. "
buyhi - not sure where you're getting your 3.3% from? If you're using the future diluted %, then the market cap will increase once new shares are in circulation, assuming the sp stays the same. I'm using FFWD holding of 3m shares in NUU (regardless of dilution). Calc was done when NUU sp = $7.50 which would account for some of the difference
The current price of NUU is now worth �13m to FFWD. Now ask yourself this - where will the NUU sp be in 6 and 12 months time... It's only going one way. Legalization in July will give it another boost / increase profile.
Nuuvera opens up, up 6% at ~$7.35 https://web.tmxmoney.com/quote.php?qm_symbol=NUU
Currently showing at $8.85. Not sure how reliable these pre-market prices are but could be a very blue day ahead for Nuuvera
It has to be a mistake but currently the pre-market price for Nuuvera is $10 !
http://www.nuuvera.com/assets/media/nuuveraaphria-pr-offtake.pdf "Combined with Nuuvera�s existing offtake of 17,000 kgs from Aphria�s Talbot Street Campus, Aphria will supply a total of 77,000 kgs of cannabis production to Nuuvera, which Aphria anticipates will be available for sale in January 2019, pending Health Canada approvals."
Of course FFWD percentage holding of NUU will decrease but the money raised will be added to the NUU market cap so no real difference. The question is what will NUU do with the funds that may enable them to increase shareholder's and FFWD's value Why are NUU still halted?...
500k buy from earlier just popped up. Interesting
Someone is keen to build up a position and fast. Is this the news we’re all be waiting for / leak??
Thanks for the reply bluesky. It is a concern that these round regular sells keep coming up. Yesterday was a prime example, the first buy for 3 days then immediately followed (10 mins later) by a round sell. Almost like it's an automated process / the sells will only be executed in line with buying volume. Would be good to understand what's going on here as it's putting me off investing. Thanks all and hopefully news lands soon for LTHs
Thinking of investing here but can anyone shed some light on the constant flow of round sells? I've seen the same behaviour on HNR over the last year and remember reading somewhere that there were links between the MILA and HNR board. Apologises if this has already been discussed before
Any thoughts or reasons why the sp has retraced from 12 > 10 over the last few weeks? Would have expected a gradual climb up until HP tender news is announced