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Share Name | Share Symbol | Market | Stock Type |
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Mycelx Technologies Corporation | MYX | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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56.00 | 56.00 | 57.00 | 57.00 | 56.00 |
Industry Sector |
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OIL EQUIPMENT SERVICES & DISTRIBUTION |
Top Posts |
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Posted at 11/4/2024 08:15 by someuwin 11 April 2024MYCELX TECHNOLOGIES CORPORATION (AIM: MYX) EPA Publishes National Drinking Water Standards MYCELX Technologies Corporation ("MYCELX" or the "Company"), the clean water and clean air technology company transforming the environmental impact of industry, notes the announcement by the United States Environmental Protection Agency ("EPA") regarding the first-ever national, legally enforceable drinking water standards for PFAS exposure. MYCELX notes that the EPA has announced the first-ever national, legally enforceable drinking water standard to protect communities from exposure to harmful PFAS substances known as "forever chemicals". PFAS exposure has been linked to several cancers, liver and heart issues, and immune and developmental damage to infants and children. The final rule will reduce PFAS exposure for approximately 100 million people, preventing deaths and reducing serious illnesses. There will be circa $1 billion in newly available funding through the Bipartisan Infrastructure Law to help states and territories implement PFAS testing and treatment at public water systems and to help owners of private wells address PFAS contamination in addition to a $9 billion investment to help communities with drinking water impacted by PFAS and other emerging contaminants. More details can be found at the following link: Connie Mixon, CEO, commented: "We are very pleased to see this announcement by the EPA. The need for successful treatment of "forever chemicals" is now acknowledged and funding is being made available which will accelerate the adoption of new and more effective technology such as ours. MYCELX is engaged and very focused on the PFAS remediation market, as the Company's unique and patented technology is proven to successfully treat water and remediate sites that have been contaminated by PFAS chemicals, up to current EPA water standards." |
Posted at 04/4/2024 03:54 by fft Hopefully MYX have a presence.https://eve |
Posted at 21/3/2024 10:29 by fft Why did a director who already holds nearly 300,000 shares buy just 6,000 ? It just looks so bad. So token. Other PDMR aren't interested ? Make me think we need a board change ! The 6-7 years have seen a number of PFAS contracts awarded, but MYX have not been the recipient. |
Posted at 30/1/2024 18:45 by fft I agree. I think they are spread too thinly given the markets they are in. A strategic investor like SLB would be huge (though I suspect a complete takeover would be more likely).I would be happy for them, for example, to give up the oil side in order to throw more resources at the PFAS side - which is multi billion and worldwide. A small number of contracts have been awarded in the last few the USA for this, but so far MYX arent winning them. But the USA EPA site shows hundreds if not 1000's of contracts that will come up. It just takes a few years to process them. There has been a year end TU in recent years. But this has been in January, February or March (!) so impossible to predict. |
Posted at 27/9/2023 16:49 by alter ego might be some extra interest tomorrow. Mello (organised by Carmensfella aka, David Stredder)ran an event today looking at recent results and MYX was one company featured |
Posted at 27/9/2023 15:43 by fft After seeing the attack on Paul below, I thought I should post the post I made on stockopaedia. Whilst the companies financials look nothing special, it is what they are trying to solve that *could* make this company a multibagger. The issue is PFAS/PFOS which is used in teflon and a load of other products.As Time magazine put it, this could cost more for the companies involved than the cigarette settlements of a few years ago. North of $200bn. https://time |
Posted at 20/9/2023 10:39 by fft Probably depends on what the money is needed for. Seems like so far, that PFAS is fairly cash neutral, and if other projects don't need a lot of cash up front, the company should be ok. The 'nice' problem might be if substantial orders all arrive at once and either bridging finance or equity is needed to fund that. However, I would expect someone to take a large stake or buy out MYX in that case (3M ? Dupont ? Schlumberger ?) |
Posted at 08/8/2023 13:22 by someuwin Hopefully get an update soon on how the various PFAS remediation trials are going. Along with progress on strategic partnerships. MYX do seem to have one of the best (and most cost effective) solutions for this multi-billion $ global environmental issue. |
Posted at 11/7/2023 07:30 by someuwin 11 July 2023MYCELX TECHNOLOGIES CORPORATION (AIM: MYX) Contract Award MYCELX Technologies Corporation ("MYCELX" or the "Company"), the clean water and clean air technology company, is pleased to announce the award of a contract extension for wastewater treatment at a leading independent petrochemical facility in the Middle East. This contract, together with the award announced on 3rd July 2023 for wastewater treatment in the Middle East, will generate revenue in aggregate in excess of $2 million in 2023 across the two contracts and helps underpin the current market forecast for the current year. Connie Mixon, CEO, commented: "Our technology and expertise continue to provide customers with effective solutions for treating complex process water. Maintaining the high level of performance that our customers require is extremely important to us and sets us apart from competitors." |
Posted at 06/7/2023 08:38 by someuwin 3M paying $10.3bn for PFAS remediation in USA. MYX could get a big chunk of that going forward.And 3M is only one of many huge companies that will have to pay for PFAS clean up around the world. "3M pays $10.3bn to settle water pollution suit over ‘forever chemicals’ Settlement will provide funds to US municipalities over 13 years to test for and treat PFAS contamination in public water systems..." |
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