Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Being dropped again on no volume. Not sure what’s going on but mms taking it down
Was frustrating as you couldn’t buy on the way up to 7p and they dropped it all day after that.
They raised again in October at 9p. They do not need money as they burn around 600k a year unless costs have gone up??
IQ-AI is pleased to announce that due to demand from both new and existing investors, Peterhouse Capital Limited has raised £500,000 on behalf of the Company through the placing of 5,555,556 new ordinary shares (the "Placing Shares") at a price of 9.0 pence per Placing Share (the "Placing Price") (the "Placing").
They should have plenty of cash. They placed 500k late last year at 9p
They burn around 600k per year and had 865 in December. So they have cash until next year!
Lets see the price but I would imagine if the major wants this would it matter to them if they paid 10 / 20 or even 50 million. Speculation but I would hope its well over the current 10 million.
mms walking it down all day so might eve get a lower price to top up.
I do not think a major would waste anyones time and offer say 10 million cash here which is the current price.
Is it really much to ask to say 50 million for market leading tech? FDA approved?
I guess we will wait and find out.
If they value the tech its not going to be 10 million. Pick a number but they did a fundraise much higher than this.
I took more at 6p and will keep adding unto 10 percent of my PF if I can.
Well you would imagine more than 11 million
So hard to buy could be huge riser tiny market cap I’m buying more
Huge news
One negative observation is the lack of shares GG has. To be honest he is on a huge salary and holds basically no stick that for me is not good enough.
I do like Tony is fully invested so happy to follow him and his track record. Always worth reading this.
I like this as a read -https://tlouenergy.files.wordpress.com/2016/11/sunshine-gas-timeline.pdf
If you check the sunshine gas share price graph - I would say we in 2007 here. So lets hope the next two years and huge like there were for Sunshine gas.
Good to see you have the shares, not sure how we exercise the warrants but I guess it might be a while before we need to.
I made a mistake with my entitlement. Although I applied for them all and plenty more I made the mistake of not having enough settled funds and I got scaled back a lot. I even phone them on the 7th to see if they could change it but they wouldn't. I did manage to buy a few below 2.2 but will have less warrants.
You have to take the history out of it and ask one question
In 12 months time will the price be higher or lower than today. If you think lower then you sell and take the loss.
In 12 months will we be 1p or 4p thats whats I ask myself. I would hope nearer 4p.
Starting with one of them project finance will happen this year. Tony has said as much.
The history is gone the question is for new buyers at 10 million market cap can they see a return? I would argue getting this to 20 million should be easy if the BOD deliver after the shut down. 4p then we can sell some and keep the warrants as a free ride if this ever delivers.
Everything points towards TLOU.
Remember the Botswana government pension invested n TLOU at around 11p
They have a power shortage and they want to go greener.
GG is ex government and all the team are always in Botswana so after this virus, lets get it done.
Sunshine gas was sold for 1.1 billion and this is valued at 10 million. 10 bagger plus if Toy pulls his finger out. Its hard to buy stocks that have been smashed, often we wait until they have 20 bagged like EUA or 100 bagged like GGP before we buy.
A must read for all - http://tlouenergy.com/wp-content/uploads/2020/06/2020-Q2-Presentation-Final.pdf
Good luck to all, we need it and if this does deliver we are in rock bottom,!
Clearly I wish I had never invested in TLOU.
If you look at Australia its 50 cents down to below 4 cents.
In the UK its abut 6p down to 1.9p. For some reason I still think it will come good but its has been a dog with delay after delay and an overpaid BOD. I have bought shares in the raises at 5.7p and 2.2p so I do feel annoyed like most of us.
no one is buying or selling, just hoping an RTO will be one in 6 months.