RE: Million Pounds8 Jun 2025 18:12
"i predict if the trial goes to plan and not delayed as such to another year we see large fluctuations and finish around 10- 12p year end"
So, for me I can't imagine it would be that low considering that we were at 8p in pretty much exactly the same situation as we are in now. If the trial goes to plan, and there's no reason to suggest that it won't, we will be looking at a successfully finished fuel test with the world's biggest commodity trader and the world's biggest shipper for a suite of fuels which they are now almost legally mandated to use as well as being able to use without expensive and time consuming retrofitting of their fleet as well as immediately saving money while complying with regulations. In other words a complete no-brainer.
And that's not the end of it either. We've got Utah and Panama and even maybe Morocco, all of which we can expect material progress by the end of this year. And again we had 8p where we are now. If we reach the end of this year with substantial progress in Utah, Panama and Morocco and a completed LONO trial, I think we're basically done - we're a commercial company with commercial valuations and a PE ratio that will take into account global shipping fleets, industrial cement kiln and power plants.