Best monthly performers

Earthrenew + 35 %
Desert control + 25 %
Vicinity Motors + 10 %

Worst monthly performers

Char Technologies – 30 %
Biofrigas – 14 %

Current positions with Monthly performance for January 2022.

Absolicon –No change.
Absolicon have signed in total 18 framework agreements and totals a sales pipeline exceeding $120 MUSD. We are waiting for the first framework agreement to materialize which should give one off revenues of 4-5 MUSD and recurrent revenue of 3-4 MUSD annually.

Aduro Clean Technologies –No Change .
Aduro have completed their independent third party validation! We were surprised of the lack of reaction by the market of the third party validation, nevertheless this further derisks the investment case. We released our extensive analysis of Aduro recently which you can find on our website under Aduro’s own portfolio page.

Char technologies – Down 30 %.
The stock has gone down on no negative news the last few months, this downward spiral is likely to a change of sentiment for growth stocks.  Char has a sales pipeline of about 100 MUSD and it should become to materialize into sharp deals within a not too distant future.

Desert Control – Up 25 %
The company gave an update on their big project in Abu Dhabi with Mawarid. The agreement was extended to include a bigger scope which could lead to larger revenues than initially was thought and is preparing for stage two. The company is gaining more and more news as fertilizer prices are exploding upwards and the need for alternative methods are being sourced globally.

Earthrenew –Up 35 % .
Earthrenew has impressed us with great financials and also the launch of their new processing facility Beiseker.  Fundamentals are very sound with increasing revenues and one big seller which has put a major pressure on the stock. Once this seller is gone we expect a return to more normal trading levels at 0.30-0.40 CAD. Projected to have revenues of 25 MCAD for 2022!

Newlox Gold Ventures Corp – Down 6 %.
The first processing plant is soon ramping up to full scale, and Boston will begin commercial operations in early 2022.

Lion E-mobility – Down 7 %
The company impressed us with a HUGE order for 2022 that was 48 million euro in size, much larger than their current market cap. The current harsh climate for micro caps is clearly visible since the big order was not permanently reflected in a higher share price.

Vicinity Motor Corp – up 10 %
The company recently received analyst coverage from Catalyst research and Spartan capital indicating 15-32 CAD as a price target constituting 350-750 % upside from current levels. Recently came out with a financial projection of revenues for 2022 amounting to 140 MCAD. New EV models and orders have been announced. This company should also benefit from the new Biden infrastructure bill.

Solarvest BioEnergy – Up 9.6 %

Biofrigas– Down 14 %
We have changed our option into common stock in Biofrigas. Our conviction remains as the company has their validation completed and should look to begin sales processing shortly.

Leading Edge Materials Corp – Up 5,5 % –
Should have some short term catalyst coming up within the next few months.

Hydrogenpro – Up 17 %
Hydrogenpro received an initial order of 50 MUSD from Mitsubishi which sent the stock up with close to 50 % in one single trading day. The stock however , in our opinion, is even more undervalued at current levels with this order which proves their concept is working than when it was trading at around 12 NOK. The order is subject to a final investment decision. Conviction is high for us with this position as Hydrogenpro aim to deliver hydrogen at a cost of 1,2 USD per kilo in 2022.


New positions:

Envirometal
Website: https://envirometal.com/
About: EnviroMetal Technologies Inc. is developing and commercializing economic and environmentally sustainable metal recovery technologies for applications in the primary and secondary metal industries. EnviroMetal extracts precious metals from ores, concentrates and E-Waste by deploying its proprietary non-cyanide, water-based and neutral pH treatment process. Extensive analysis by ESGFIRE is coming shortly!

ChargePanel
Website:
https://www.chargepanel.com/
About:
ChargePanel specializes in the management, operation and usage of Electric Vehicle Charge Points. They provide adaptable solutions for charge point owners, resellers and organizations. Chargepanel was an IPO case of ESGFIRE that began trading on 9th of December 2021 and have so far given returns close to 100 % on the IPO price.

Sold positions:

Aurora Solar Technologies:
Sold our entire position at a 60 % loss due to extremely poor business execution by management. There is also a financing risk if their Chinese trial does not generate big revenues in the next few months since they only have cash for another 3 quarters..


Environmental Waste international:
Sold our entire position at a big loss due to poor management execution. The conversion project of their test facility has taken way to long for us to stay content. We seriously misjudged the time it would take for management to execute their business plan and it certainly does not help that management seems slow to change when it comes to investor relations and shareholder policy. Unfortunately it seems management of the company cares more about informing their larger shareholders than acting transparent towards all shareholders which is a deal breaker for ESGFIRE and is the main reason for our sold position. We do not doubt that the company could be successful  in the end however it’s going to take a lot longer than we anticipated.

IPO positions
We have a number of positions in unlisted companies which we anticipate will go public through initial public offerings within the next 6-12 months.

Evanesce packaging solutions
Website:
https://evanesce.com/
About:
As a sustainable technology innovator,Evansesce is revolutionizing sustainable packaging with 100% compostable and affordable plant-based solutions.
IPO Status:
Likely going public in the second quarter of 2022 on one of the Canadian stock exchanges.
Expected returns: Current estimate is that the round our community invested in will return somewhere between 10-20 X our original investment.

Captico2
Website:
https://captico2.com/
IPO status: Likely going public either in Norway or Nasdaq within 12 months.
About: The vision of Captico2 is to be the world leading in offering high impact Carbon Capture Utilisation and Storage technologies (CCUS). Captico2 can capture mineralize and transform carbon dioxide into a valuable and sellable commodity in less than 60 seconds. The company aims to pre-sell 10 full scale units in 2022 creating potential revenues of 160 million EUR. This company is still accepting investments. Contact us for more information.

Ola Media
Website: https://www.olamedia.mx/
About:
OLA MEDIA is a network of interactive touch screens located exclusively in the backseat of Ubers. By leveraging innovative technologies and captivating spaces, they help brands create engaging experiences with a high value audience.
IPO status:
Likely going public during the second quarter of 2022 at either Canadian exchanges or NASDAQ.
Expected returns: We expect our community to materialize somewhere around 400-500 % returns on the investment round on which we made our original investment.

 

Legal Disclaimer

The stock price development above was calculated by taking the opening price at the first day of January and the closing price at the last day of January.

We own shares of these companies personally.

Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advice or recommendations of any kind to either buy or sell any stocks.

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