Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
AMC have popped out an RNS saying the current sanctions have no impact on them. I guess we'd need to know more about the banking EUA have in place to be sure but I haven't heard mention of any of the 5 banks in the years that I've been here.
GLA
DYOR
Tr1ck
Rubbish RR
Nobody cares about Russia except when they start trying to force everybody to do what they want.
We're all too busy trying to get on with our own lives.
As far as I'm concerned, the more we all own bits of each other's eco-systems the less likely we are to bomb each other.
So I'm Spotting this in-earth value at $25bn in reserves (roughly $10 per share),
and $160bn in resources (roughly $50 per share).
Lots of risks in mining, in Russia, in all infrastructure investment, so I'd happily take Rowka's £3.50. ;-)
That would be a third of the value of the reserves.
My gut feel (and given where we are and where the green economy investment supercycle is, I'm not sure what else to go on) is that 10% of reserves would be more likely with a max of 1% of resources. So that would be around the £1.50 - which was my stretch target from way back when.
DYOR
GLA
Tr1ck
Morning Tilly
Beginning to see a lot of familiar names on here from Eurasia now.
Hopefully 'shortly' will be a more appropriate description with AMUR.
On a double bubble here as it was profit I took earlier from the license peak here that I dropped into EUA for my initial stake.
I expected this to pop and for a 3 bag as EUA LTH's looked for similar places to put their winnings. Didn't actually expect a sale given the amount of investment needed.. But hey, it's AIM, what do I know.
GLA
DYOR
Tr1ck
When I needed a bit of cash in 2019 I had to choose between EUA and JLP.
Both had been pretty static but were intended as long term extraction picks.
On a whim, I sold JLP and stuck with EUA - which worked out nicely. But I just saw today that JLP have also done rather well.
2 out of 2. Rather pleased with myself - mainly because it's normally 2 out of 2 not hitting the high notes. ;-)
GLA
Tr1ck
Wondered what the board's view was on this.
Given that it's a subsidiary being talked about, could the intention be to sell the asset-owning unit for a lump sum plus share of future value paid to rump-AMC -royalties or contingent payments.
That could explain selling a group subsidiary rather than AMC itself.
I know the days of producing are some way off but the Nickel value alone is humongous. Contingency payments or royalties would allow the buyer to focus their current cash on the development of the £bn or so infrastructure to get things going and pay a turn to AMC when they are actually extracting value from the ground.
GLA
Tr1ck
It's a lowball offer.
Only about 7p a share.
I'm hoping that we get a bidding war and it at least gets up to a £200m offer.
Difference between AMC and EUA is that Kun Manie needs infrastructure so the discount to value in ground will be much greater.
Tr1ck
There are many, Mr MollyMops, who have been here since pre-suspension. I think they're entitled to call themselves long term holders.
It may be more a mindset than just a name, but so what.
It can be easy sometimes to get emotionally attached to a share. That's just another risk to be managed. Here, if you look at EUA in terms of investment outcomes, anyone in since the 0.6p days has already seen the BoD deliver a multi-bagger on their stated strategy. Some will have taken that 40/50/80 bagger at the top, but with said strategy promising still further multi-bagging there are strong grounds for believing that the Bod will deliver.
I don't care if you trade. It's a market. It's for trading. What upsets many is the uninformed rubbish, the coordinated attempts at manipulation, and the downright lies that many derampers/shorters spout on this bulletin board.
GLA
As ever DYOR.
Tr1ck
Interested in your thinking here guys?
I'm tempted to split my interest here to keep a base investment and trade around that. It's AIM after all.
AMC gave me a good return previously when I held it till it peaked. There are long term possibilities but the questions about infrastructure or RY don't seem to have been answered in the last few years.
I don't want to find myself completely out, but a bit of volatility offers opportunities.
Genuine question.
GLA
Tr1ck
I've already jumped back in here and taken a position Wand. I'm sure there are others.
I top-sliced EUA - given I'd 40-bagged after suspension- to give myself a free ride there and invest in some others.
AMC may still be a risky investment, but the big multipliers come when you're in when it's in the pennies,
This did fine for me when it popped a few years back so here's hoping for a repeat, or better, the next EUA.
GLA
DYOR
Tr1ck