Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
@dai
“A bird in the hand is worth two in the bush”.
That reminds me of a joke from my mis-spent childhood..
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One in Kate Bush is worth 2 in the hand. :-))
@wyn
Thanks for the quick response. I must admit I was expecting a bit of a retrace this afternoon. I think some people are getting carried away with TM1 and expecting gains everyday, which we know is not sustainable.
I am looking to buy some for a mate (I manage his ISA/GIA for him), but I’ve held off today as I felt it could be a bit overbought. I do like the fundamentals though as a long term investment.
@wyn
Healthy pull-back is good IMO.
Can you check out TM1 and give me your thoughts on it’s potential movements.
Like ADV it’s moved a lot since NY, so be interested to hear your thoughts on SP.
@IslandGirl
Hindsight is a wonderful gift. I'm super qualified in that skill ;)
Hi Noob.
Like you, I've been a long-term holder here since spring last year. I got caught out by the results and my only gripe is that the Tai-2 felt like an opportunity for "those in the know" to off-load during the week before the RNS was announced that they were completing the drilling campaign. How those in the know got to hear about the outcome of Tai-2 before us mere PI's we can only speculate. Was it their broker, someone within HE1 or Mitchells? As annoying as it is, it goes with the territory of PI investing - we are seen as cannon fodder but if we don't like it, don't invest.
I also don't believe DM was ramping (just very enthusiastic) as I know from 2 unconnected sources that HE1 were very confident they had the discovery - just waiting to get the results from the wireline which we all know why that failed. The fact that the hole was a washout is irritating and I took a large loss, but I've held my shares since then as I have confidence in the project.
I think this year will be very rewarding.
GLA
Here you go wyn ;))
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Been busy all day so not been able to read/comment until this eve.
Well, what a great day guys. These are the days we enjoy eh! :-)). Just caught up on all of the posts - enjoyable reading.
@dai
Read your comments about de-risking. IMO (FWIW), I think you did the right thing. Preserving your capital is more important than the potential missing out on some gains. It's so easy to get caught up in the enthusiasm (and the ramping but I don't believe there's much of that on here as it's such a good opportunity). Getting a virtual free run for 1/3 of your initial holding is a sensible play if the loss of that capital is a material impact to you - there will always be new opportunities. Like a few others, I took a hit on HE1, but I've been fortunate to recover on others and still have my HE1 shares, so waiting for that to play out during this year. Looks like things could be moving there too now.
@kevinround
It doesn't matter how much you've put in kev. We're all in this together and as long as we all make some money that's great. If you get some gains here and then use some of that in another stock and that grows too, you'll be surprised how quick you pot can grow when you compound the gains. Patience in investing is the best long-term strategy IMO (ShareInvestment is a great example of this method by identifying companies with great prospects, getting in early, de-risking where possible and then holding for the medium-term). Some people are in a more fortunate position to be able to have more funds, but shrewd investing can be done from any starting level.
@wyn
Rocket art to follow in next message ;-). I'll do a big rocket on the results (hopefully anyway).
What a turnaround from months of drifting.
I’d given up on this being over 5p before results. Just goes to show it’s a fools game predicting markets lol
No dip so far, just steady rise. Early in the day though.
Let’s break 5p today.
@SI
Thanks for the link. Articles like this all help to increase the profile of the company. It’s done well since the IPO, but it’s only the start of the journey. 2-3 years time, they will have multiple producing plants and hopefully some good news on the potential mining operations.
We’ll be looking back at 4p and wishing we’d bought more :)
Be interesting to see the action next week. Wonder if we may test, or even break 5p.
@pjonesy
You Sky Blues fans are never bl00dy happy are ya! Jeez, I'm doing my best mate ;)
@Bladey
My thoughts too. 10p on results, then mid-teens once the deals start to come though.
Could be higher than 10p if the results exceed 2C as well :-)).
I blame the rocket for all this commotion ;)
@wyn.
Shame there's no emoticons - I'll flip you the bird mate ;)
Too soon? ;)
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Here's to the next 10 days or so. Wonder if we'll hit 10p if the results exceed expectations.
Thanks Wyn. Bigger rocket on the launch pad;)
@Amin.
I don’t ’use’ charts for trading. It was posted as a bit of fun as I made the comment in the original post that I’m not a charts person.
Also, there appears to be a number of sizeable trades going through (7 figures in terms of shares).
Next week will sure be fun guys.
Looking at the 1m/5m/15m/30m charts, they are all showing a decent trend line (from what I can see and I confess to not being a charts person). So, it would appear that sentiment has changed finally. Let's hope we get a strong end to the day.
Waiting for Wyn to come along and mark my effort now ;-).
@Latorre1690
Likewise here too. I hold multiple 7 figure amount, so last year I was nursing a large loss.
I still had confidence in the project, albeit I accept that there was a screw up with the mineral rig last time, and some very questionable (being polite) selling before the Tai-2 RNS release.
That being said, I know from 2 unconnected sources that they were very confident that had a discovery and just were waiting to fill the figures in on the RNS from the wireline, which we all know failed due to the washout. Cr&p happens.
That, of course, is no guarantee of success this year, but it confirms (to me anyway) that the gas is there and being trapped. Just need the discovery and us long term holders (sufferers) will be handsomely rewarded.
GLA.
SGF