FA Has US UK and Indian ventures. Main catalyst is the $19m conditional sale of its UK shale project. The market cap is just $9m at 1.2c.
Clean Energy Projects • Pyrolysis Project - Carbon and Hydrogen Produced no CO2 -Multi Walled Carbon Nanotubes (MWCNT) - Carbon Nanofibres (CNF) • OptiBlend® Dual Fuel – USA/ India/ Bangladesh/ S.America
Worth a bit of DD imo and can spike. They have limited cash flow but require this sale for a major rerate. Plenty of opportunity or all sorts of news from these guys. Sale relies on an IPO in the UK getting up, so word could get around if that starts to come to fruition?
TA Not the best of charts but may be very close to bottom. Extremely oversold .. the volume has been historically low. OBV shows only a slight decline over a long period. Bearish trend is now becoming consolidation. Strong spikes. Just filled gap.
