Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Thanks Bozmo
Hopefully soon, testing time while it hopefully gets over the line and funding acquired.
Added small amount on Friday after selling some on DB departure but now waiting until a positive funding RNS before further buys.
Funding is required, not to survive alone but to begin the build, if acquired and the construction keeps on time and budget, multiples of SP, if not we are now once again looking at losing any investment here. IMO.
Does anyone have any communication with the board now DB has gone.
Worst case scenario, I will be equally delighted and surprised if funding is agreed within 5 months, in today's world I do feel it's going to run into Q4, next year even. Share price is where it is because of this and rightly so.
The Company still aims to finalise the composite debt/equity package for Phase 1 during H1 CY2020 with construction commencing later this year."
From todays RNS, today would have been a good day to extend time frame if not confident. But like mentioned will probably take longer.
All the best to those who have sold, cannot blame you just hold a bit of cash back keep a eye here and see if we get funding and at what price the SP is at, hopefully you could get some back.
The potential is here just hard to realise it at the moment.
GLA.
Uitkomst Isnt making enough to keep us a float.
Makhado Can’t get funding for.
GSP No progress made years away.
Vele Mothballed only use for something will have no funding for.
Company being a disappointment for years now, SP reflects that 100%, half a pence old money, Browns shares in lieu of his six months, probably asked to go.
Cant see a company like Arrcelor HAVING to take our coking coal, a company with a market value of 34 m not producing the coal not even got funding for the construction of the mine would not be able to hold a company of Arrcelor size to a contract like that. Will be a get out clause in there.
That said Arrcelor will hold on, coking coal is what they want.
Hope this turns around but off loaded a percentage on Browns RNS, didnt sit right with me.