Curzon Energy Share Discussion Threads

[adi27] 22/2/2024 16:02

Criminal this carry on

[helpfull] 22/2/2024 12:56

Has Scottie done the decent thing here,yet?

Be careful.

[adi27] 24/1/2024 12:43

Anyone know the legalities of how long a share can be suspended for?

[helpfull] 01/1/2024 16:53

Scottie is brilliant.

I am going to go out on a limb here and predict that this share will still be suspended on 31 December 2024.

Be careful

[kemche] 18/11/2023 14:23

Wherever he has been he has delivered. Be it here, CRCL or RRR. Such talent is rare and comes once in a generation.

[helpfull] 18/11/2023 14:14

Scottie is brilliant!

I wonder which will be first?

News of a transaction or news of the cash running out?

For the sake of his burgeoning reputation I hope it is not the latter.

It takes a lot of money to attract and keep the best.

And Scottie represents the highest peak of business acumen.

Be careful.

[dead duck resources] 13/11/2023 21:55

All Curzon's creditors agreed to defer payment of amounts due until a transaction is complete. Curzon's chair Mr McGoldrick is deferring the majority of his compensation from 2017 through 2022 until completion of any RTO. (Accrued fees at 2022: $280,511). Non-exec Mr May also agreed to defer the majority of his fees from 2018 through 2022.
Scott Kaintz received director compensation of $164,747 in 2022 and was paid in full. Accrued director salary totalled $67,400 at Dec 2022, unchanged from $67,400 in 2021.

Cash at Dec 2022, following payment of Mr Kaintz' $164,747 remuneration, was $20,421.

Company Risk Mitigation Strategies include cost control and judicious use of capital.

[helpfull] 28/9/2023 07:43

US$120,001 in directors salaries for 6 months ending June 2023.

Who gets all that then?

With Coos Bay expected to be "formally shuttered during the remainder of 2023" there isn't much left.

My only worry is that there isn't enough cash left to pay Scottie his salary for all his endeavour in the next six months.

Anyone want to contribute?

It is the relentless souls like Scottie who make British industry great.

A rare talent.

Be careful.

[adi27] 19/4/2023 09:14

Seen it all before!!!

[helpfull] 19/4/2023 09:04

No matter how many deals are done, the share price never budges.

Be careful.

[bigginge1] 02/12/2022 09:58

Second worse CEO across the markets for me. Nice lifestyle though no doubt

[adi27] 01/12/2022 17:02

So if the RTO not happening should the shares be no longer suspended?

[helpfull] 01/12/2022 16:25

Well done Scottie!

Someone has done well out of the suspension.

How many years has it been?

Did anyone expect anything different?

The guy never fails to fail. I hope he doesn't feel any embarrassment at taking. US$169,330 a year compensation. A quality businessman. It's not as if it's the first time.

Be careful.

[adi27] 28/9/2022 08:52

Just want a chance to get my money out. Only a small very poor investment on my part!

[bigginge1] 28/9/2022 07:23

Just there to pay SK wages and nothing more he doesn't was an RTO that would mean a bit of work

[adi27] 27/9/2022 12:38

How can anyone be pleased to present these set of results!

[adi27] 24/8/2022 08:01

Won't be good news, just more stalling tactics. Absolute shambles this, bunch of crooks.

[bigginge1] 24/8/2022 07:52

Going to have to drop some news again soon

[adi27] 30/11/2021 11:56

Surprise, surprise!!

[adi27] 29/10/2021 07:11

Although... Poseidon Plastics Ltd.: Pre-Issuance Certification for £200m Climate Bond Launch- First of its kind Certification awarded by the Climate Bonds Standard Board- Initial proceeds to be deployed for construction of Teesside demonstrator facility- Further proceeds to be used for first integrated 75,000 tonne p.a. commercial facilityOctober 27, 2021 04:00 AM Eastern Daylight TimeREDCAR, England--(BUSINESS WIRE)--Poseidon Plastics Ltd. ("Poseidon" or the "Company")"We are delighted to have received pre-issuance certification and are looking forward to launching our first Green Bond in the coming months. We have enjoyed working closely with the CBI and share their vision of mobilising the global bond market for the promotion of a climate resilient economy."Tweet thisPoseidon is pleased to announce that it has been awarded pre-issuance certification for the Company's proposed Green Bonds (the "Bonds") under the global Climate Bonds Standard which is an overarching science-based, multi-sector standard overseen by the Climate Bonds Standards Board that allows investors and intermediaries to easily assess the climate credentials and environmental integrity of bonds and other green debt products. This Certification is a first for a European plastic recycling business and provides verification that Poseidon's Bonds will meet international best practice for climate integrity, management of proceeds, and transparency.The Bonds themselves, when launched, will help to meet the significant demand for environmentally and socially focused projects and assets, with the Climate Bonds Initiative's (CBI) Market Data estimating that green, social and sustainability ("GSS") bonds worth over $1.45tn have been issued since 2006, with $360bn issued this year alone. To date, over 389 companies have achieved Climate Bonds Certification including UBS, SNCF, Porsche, and Volkswagen.Poseidon intends to launch up to £200 million of Certified Climate Bonds, the proceeds of which will initially be used to fund the design and construction of a continuous demonstrator facility and Poseidon's first integrated 75,000 tonne per annum commercial erPET© facility in the Northeast of England. The first commercial facility will act as a blueprint for Poseidon's global expansion with multiple locations planned in the European Union and the United States to meet the Company's target of one million tonnes of recycled erPET© by 2027.Currently, around 80 million tonnes per annum of PET is produced globally and less than a quarter is recycled. This is where Poseidon hopes to make a significant environmental impact by using previously unrecyclable PET waste, currently destined for incineration and landfills, as feedstock. Successful implementation of Poseidon's proprietary enhanced recycling technology will deliver a circular economy for PET, which will no longer be considered as a 'single-use' plastic, but rather a valuable and fully recyclable feedstock.The Bond offering will complement the Company's intended reverse take-over ("RTO") of Curzon Energy, which is listed on the Main Market of the London Stock Exchange. By offering Green Bonds, as well as equity during the RTO process, the Company expects to have access to the external funding required to support a rapid global commercialisation of industrial volumes of erPET©.Lasse Wagene, CEO of Poseidon Plastics, commented:"We are delighted to have received pre-issuance certification and are looking forward to launching our first Green Bond in the coming months. We have enjoyed working closely with the CBI and share their vision of mobilising the global bond market for the promotion of a climate resilient economy.""As the eyes of the world turn towards Glasgow for COP26, demand for high-quality, sustainable debt instruments remains significant. It is only through the growing partnership of capital markets with innovative green businesses like Poseidon that the world's economies can meet their essential climate targets."About:Poseidon Enhanced Technologies Group Poseidon is an enhanced recycling company focussed on developing and commercialising its best-in-class PET waste recycling process. Poseidon breaks down waste PET in all forms, including textiles, carpets, films, and bottles, to its base building block, to create its proprietary feedstock, Poseidon rBHET©. The feedstock is then remanufactured into virgin-like erPET© for food-grade plastic packaging, bottles, and containers. In February 2021, Poseidon entered an RTO process with Curzon Energy, a company listed on the Main Market of the London Stock Exchange. The transaction is expected to complete in Q1 2022.About the Climate Bonds Initiative Climate Bonds Initiative is an investor-focused not-for-profit, promoting large-scale investment in the low carbon economy. Climate Bonds undertakes advocacy and outreach to inform and stimulate the market, provides policy models and government advice, market data and analysis, and administers an international Standard & Certification Scheme for best practice in green bonds issuance. For more information, please visit www.climatebonds.net.ContactsPoseidon Plastics Via Vigo Consulting Lasse Wagene, Chief Executive Officer John McGoldrick, Executive Chairman Vigo Consulting Chris McMahon / Charlie Neish [e-mail] [phone] POSEIDON PLASTICS LTD.

[adi27] 29/10/2021 05:44

Ready for another extension notice!!

[helpfull] 07/5/2021 11:15

Did Scott get US$ 169,330 in total compensation last year?

[kemche] 07/5/2021 08:59

"Judicious use of capital and cost control during the transition."

Kaintz by name.......