Sorry to see you go, AW. You have always posted interesting and informative stuff. You may want to stay tuned in - if people don't respond to the nonsense posts, perhaps those posters will go away (hopefully)
Very good question, gus - how exactly can the statement "well respected by Hedge Funds" be verified. No disrespect intended Goldbug. but I would greatly appreciate your answering that question.
Also, grw asked an equally pertinent question a while back - if the SYMX process is so uneconomical, why is
GE involved with it?
You bring up a very good question, qrw - and Isn't GE very intimately involved with SYMX through certain key executives? As SYMX continues to develop its coal process and makes further sales isn't a much closer relationship with GE very possible?
Yes, santa, those guys at White Diamond definitely do their research - they set up a wonderfully profitable short play. They certainly do have a reputation, but I wouldn't necessarily call it respected.
I firmly believe that the potential for substantial long term profits are still very much with us and I'm not selling at these prices..
Sentiment: Strong Buy
I'm not laughing at you, Wind - although it obviously is impossible to predict the future, you analysis of what's happening in the oil market is among the best I've seen! Your comments regarding SYMX have been excellent also. Don't let the riff raff on this board get you down!
You're right about that, Wind, none of us do know for sure what will happen - but thanks to you and a few others on this board some good information and thinking is being shared and that's a positive thing!. (and something a whole lot better that the personal attacks and negative garbage that crops up on some of the other boards)
Wind, I agree with your assessment of the economy and its probable negative effect on the steel and aluminum markets - but at the same time I am very much aware of the horrendous pollution problem the Chinese are facing and their government's stated goal to solve this problem. Considering the fact that the Chinese government is heavily centralized and not entirely market driven would it be unreasonable to suggest that the current bad economy would not be a bad time to retrofit many of their out dated facilities?.
I agree with your assessment of the current situation, Wind, there are a number of straws (logs?) in the wind that portend some rough road ahead for the financial markets and the situation in the oil market is prominent among them. The only positions that I've added to in the past few months are GLD, SYMX and cash. What financial areas, if any, look promising to you in this market?
Your point is well made, AW, and I agree with you - we have indeed turned a significant corner. With the shear magnitude of the projects that are likely to develop I strongly suspect that the company will bought outright or merged in someway with a larger entity and the interesting question to ponder is whether that entity will be GE, a Chinese company or someone else hiding in the wings. Do you have any thoughts on this?
I've got a very strong feeling that some where above 4 there will be a buy out - it won't get to 10 under this name.
Synthesis Energy Systems Shares Spike Pre-Market on Accord for China Projects
8:47 AM ET, 03/28/2016 - MT Newswires
08:47 AM EDT, 03/28/2016 (MT Newswires) -- Synthesis Energy Systems (SYMX) stock has jumped almost 30% pre-bell after the company announced a joint venture accord with China Environment State Investment Co to develop, jointly invest, and build a total of no less than 20 projects using SES Gasification Technology over the next five years.
CESI is a state-owned enterprise established in Beijing under the China Ministry of Environmental Protection. SES and CESI are targeting to bring a minimum of two projects through development within 12 months.
Equity in the projects is expected to be owned 51% CESI, and 49% SES through SES's wholly owned Hong Kong subsidiary, SES Clean Energy Investment Holdings Limited.
SES and CESI have identified a pipeline of potential projects and intend to focus initially on four target projects; an industrial fuel syngas project in Inner Mongolia for an industrial park, which is intended to be further expanded in Phase 2 to provide compressed natural gas and liquefied natural gas for transportation fuels; an industrial hydrogen and fuel syngas project in Shandong Province; and two industrial park syngas projects, in Shandong and Hebei provinces. The projects vary in size and the estimated total installed costs of the four projects range between $75 million to over $400 million per project.
Shares in SES are up $0.25 at $1.10 with a 52-week range of $0.48 - $2.10.
Price: 1.10, Change: +0.25, Percent Change: +29.56
Sentiment: Strong Buy
08:47 AM EDT, 03/28/2016 (MT Newswires) -- Synthesis Energy Systems (SYMX) stock has jumped almost 30% pre-bell after the company announced a joint venture accord with China Environment State Investment Co to develop, jointly invest, and build a tot...
Sentiment: Strong Buy