Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Because....I have always been an honest person and have spent most of my life helping people and do not like to be doubted. I think that most people in this share are getting what they deserve.
GLA>
As I speak a "Premier" oil tanker is on West Newton filling up with something. BUT HAS ON HAZARD PLATES 1267. A local has told me that this is the second time today that a tanker has blocked the access road. SO West Newton is producing something.
GLA
Just to bring you up to date. Two weeks ago on Wednesday 22nd September I saw a oil tanker bearing hazard plates followed by a waste tanker leaving West Newton. On the following friday 25th September at 12 noon a load of 4inch pipes arrived at site. During the following week these pipes were installed down the well. This last week or so testing has taken place to test for oil flow.
GLA.
I see our share is tracking the oil price, and this would mean that when Brent oil bursts through $74 dollars UJO should be over 30p without any news from Wressle or West Newton, IMO.
GLA
The point that is most relevant is the level of gas imports from abroad. Russia would not be building a further gas pipeline into Europe as we speak if the future demand and higher prices was not there. Between the Humber and Driffield and the North Sea the ground is rich in gas, and guess who has most of the rights over this UJO. and Co. When the income from West Newton and Wressle is guaranteed the money will be available to drill more wells. Further to what I have said before gas to Hydrogen plants will be built across the Humber basin and the first of these at West Newton. This share price will go up. IMO.
GLA.
West Newton has been looked over by at least one national household gas supplier in this last year, FACT. Further to my earlier post UJO just on Wressle is worth far more than this price today, IMO.
GLA.
I do think this share is worth much more just on oil production from Wressle. West Newton Will be eligible for a large grant to convert the gas into Hydrogen and use that to power turbines to produce electricity that would go into the national grid, IMO.
GLA.
If people would sit tight on their shares, this share will soon rebound. I have added 10% more at this low price, and IMO I think that UJO should go back up to 40p or more. I do believe that permission will be sought for 3 tankers a day, and I expect that this well will produce 700+ barrels a day after testing, and for many years.. All this is IMO and no-one should buy on my guesswork.
GLA.
I have heard this last hour from a friend that the rig is on site. I warn this is from a friend of my friend and I cannot confirm this. If I can confirm I will post as soon as I know. So treat this news carefully, and lets hope for a RNS tomorrow, but this could signal the news of a share issue.
Be careful as the water is full of sharks. GLA.