The asx market is quite unsophisticated to largely ignore the Lloyds commercial feasibility news. If you actually do even some basic research it is potentially huge. Yes there's a lot of water to go under the bridge but a $20M market cap with these sorts of opportunities in the pipeline seems ridiculous to me. Research how many tonnes of CO2 emissions the maritime industry currently emits and the amount of green ammonia that will be used as fuel in the maritime industry. What will TYM be worth if it ends up as the gold standard for carbon tracking verification in the global shipping industry using its blockchain platform and gets a clip on every tonne of green ammonia used? If it all amounts to nothing then the downside is from 2c to 0. What's the upside if it comes to fruition?
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- Ann: TYM and Lloyds Register Collaborate for Guarantee of Origin
Ann: TYM and Lloyds Register Collaborate for Guarantee of Origin, page-13
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