Sulnox Share Discussion Threads

[dexdringle] 14/1/2025 08:53

Great post Investibot.

This thing will eventually be £5 a share or £0. It's Russian roulette.

[investibot2000] 14/1/2025 07:43

5 litres of their diesel conditioner sells for £216 on their online shop, i.e. $43 per litre, that calculation looks about right (assuming Sulnox doesn't give wholesale discounts beyond this).

It does seem an excessively generous deal from our perspective. As others have mentioned, EPS will be helping competitors by encouraging them to use Sulnox; it is not really in their interests to do this otherwise, and giving them shares instead of payment is easier. But why not give them free conditioner instead? Sulnox must really be prioritising cash flow - which is understandable.

It does rankle a bit that the actual value of those shares is (hopefully) going to massively increase in short order, and all EPS had to do for it was to save money on their fuel bill. It's like being given a winning lottery ticket with your payslip! I guess they took on some risk by participating in the testing phase, but this stuff has been around for long enough that the possibility of it ruining their engines was negligible.

Anyway, having the prospect of more shares as a finder's fee for new clients should incentivise EPS to get out there, especially as the value of those shares will increase in value as news gets out. I imagine whoever negotiated the deal from their end is going to get a promotion or two... Fingers crossed some of the benefit trickles down to us.

[dexdringle] 13/1/2025 18:54

I wonder what the value is of 250,000 litres? And how many (effectively free) shares EPS get per litre bought (I'm assuming 44 free shares per litre as they can buy 11 million shares. So £44 worth per litre at the current share price)?

I could understand if the share options were discounted by 25% or even 50% but 98%. That's just odd.

They must be expecting a massive contributions from EPS by way of sales introductions to third parties ???

[dexdringle] 13/1/2025 10:03

Bizarre deal. Allowing EPS to buy shares at a 98% discount every time they make a purchase.

Feels like Sulnox are effectively giving away the stuff for free.

Like me getting 50 Sainsbury's shares for 4p each every time I spend £100 in their store.

The share price has risen on the news though so what do I know !

[fegger] 13/1/2025 09:36

Due to the increase on no news , not a surprise to see news of a significant agreement with a shipping company:

Very unusual in that this shipping company is to market Sulnox to other shipping companies (who are likely to be competitors) Further dilution of shares with this shipping company going to be allowed to buy at 2 pence (hope I got that right) to pay them for their marketing efforts and for their cooperation in producing actual data of the additives fuel efficiency contributon. .

But it is likely that competitors will follow suit if its seen to be successful so not surprising that Sulnox keen to strike a deal. And for a minimum quantity to be purchased.

[dexdringle] 09/1/2025 16:05

Well, Sulnox is really mostly about fuel efficiency and reducing dirty emissions (NOx) I think. So more about MPG than reducing CO2. Money savings talk !

Once it is proven to:

a) work and
b) not damage engines

...then I can see a major snapping this up and adding it to fuel at source to act as a point of difference. Imagine, for example, Shell being able to claim 10% additional fuel efficiency and cleaner emissions compared to everyone else.

[fegger] 09/1/2025 15:03

Eco shares ae now unfashionable which is why the momentum here is a surprise

[dexdringle] 09/1/2025 13:56

Perhaps we should ramp this on Reddit, or whatever, to the eco nutters on there and hope they buy it in huge numbers 😂

[fegger] 09/1/2025 12:03

The positives which I have seen for this share are:

- a number of consultants took shares in lieu of fees - I took that as a good sign
- there have been a number of marine trials which seem to have produced positive results
- a number of marine connected individuals have been buying shares
- I havent seen results from a trial that were not successful

If the marine companies start to buy in volume it will be huge for this share. Why would they not when trials seem to have been successful? Reductions in fuel consumption plus less emissions.

Now up to 90 pence today. Something is causing this momentum.

[dexdringle] 08/1/2025 11:11

Market cap now over £100million despite annual sales still being less than £1 million a year and losses running at something like £2 million a year.

They need £10 million a year in sales just to break even.

There is one heck of a lot of wishful thinking in the price. I can only assume they are hoping that a major oil company will take an interest and want to buy it for the IP as, given that it has taken ten years to get to £1 million annual sales, I can't see it becoming viable as a stand alone business.....

[fegger] 08/1/2025 09:14

Now 84.90. No news to explain this. Wish all my stocks increased like this.

[dexdringle] 04/12/2024 12:41

These are worth £5 per share if the additive works and £0 per share if it doesn't.

[fegger] 04/12/2024 12:01

Now up to 60 pence. Would love to know why this strong. Stockopedia gives it a relative strength rating of 99.4% over one year which is outstanding.

[fegger] 04/12/2024 08:25

Has spent only about 2 to 3 months of its 4 year existence priced over 46 pence so see that as a relatively fair price

[strollingmolby] 03/12/2024 22:19

Very interesting RNS this morning, announcing a fundraising of approx. £1.54m.



Was initially disappointed to see yet another discounted private placing (46.6p, an 11.5% discount to the previous five days' average closing price) but it does provide a cash buffer to increase stock levels globally given the investment in sales people. The interesting bit though is that they also disclosed that a subsidiary of McQuilling Partners, Inc has subscribed, alongside existing 10%+ shareholders Constantine Logothetis and Nistadgruppen.

McQuilling is a marine services company with multiple offices worldwide servicing clients in shipping and will be the preferred distributor of SulNOx products in the US, leveraging its clients and networks.

In addition to the fundraising, an investor from twelve months ago has exercised warrants at 29p, bringing in another £336k - so £1.875m in total.

So more dilution but greater visibility on the runway to more sales and towards being cashflow positive in next 18-24 months...

[maqsud] 21/10/2024 13:40

It was due a rise on the back of feasibility and contract wins.It was tipped by one of the papers for 2024.

[strollingmolby] 21/10/2024 12:57

Nice to check in and see this large price rise- has SNOX been tipped somewhere? Decent amount of volume already today (163k)

[dexdringle] 29/5/2024 14:35

28th May: The board of directors of the Company (the "Board") has been informed that Constantine Logothetis has purchased additional SulNOx ordinary shares of 2 pence each ("Ordinary Shares") in the market, increasing his total interest to 29,287,819 Ordinary Shares equivalent to 24.10% of the Ordinary Shares in issue.

[strollingmolby] 21/5/2024 20:23

SulNOx will be presenting at Mello again over the next couple of days, which is where I first came across this company in November 2022. Hopefully Ben Richardson is well-received and piques interest enough to prompt a flurry of buys and greater interest in this smallcap.

His presentation:

[davidosh] 06/5/2024 16:56

You will have the chance to ask lots of questions as Sulnox will be at Mello2024

For the whole of this long weekend any investor buying a ticket for the *Mello2024* event will be given the bonus of being able to bring a friend or family member completely free of charge. Worth getting a friend to join with you and halving the cost maybe...

Will end at market open on Tuesday as it is a bank holiday weekend so plenty of time to connect

Mello2024 investor conference takes place on the 22nd and 23rd May Do come and join us....another six companies added to the list today and another six to be announced on Monday.

We want to keep this important face to face engagement with companies going and it has been tough since Covid as many directors just want to do webinars as their only token offering to investors. If you want to ask private questions or check out body language it is impossible on webinars and investors need to network with each other too.

Please support us and encourage companies/ management teams you are in contact with to come along to Mello2024 in Chiswick on 22nd or 23rd May

Mello2024 – Mello Events

If you have never been to one of our two day conferences before then clearly you are missing a great opportunity to engage with management teams and also network with hundreds of likeminded investors so we are offering virgin tickets at just £30 for either of the days so that you can see what it is all about.....a big discount from £99.00 and if you do not agree having spent the day with us I will give you an annual pass to our virtual shows on top. I just want investors engaging with all these quality smaller companies. This offer is only if you have never attended before so please be fair to all those who pay much more.... Simply enter the code NEW2MELLO24 BUY NOW:

[dexdringle] 05/5/2024 10:25

I fear the best case scenario here is that they are bunch of numpties in posession of something special. A bit like if Mr Bean suddenly found himself in possession of the formula for perpetual motion....

And the worst case scenario is that it isn't commercially viable.