Andalas Energy And Power Share Discussion Threads

[yorgi] 02/3/2017 08:43

Onwards and upwards :-)

[h2owater] 02/3/2017 07:17

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Lets talk Money

Wed 19:09

A single 25MW IPP is expected to give $57M or £46M GROSS FREE CASH over its 15 year life.

Lets say £3M per year.

Our first 5 projects will give a total of between 250MW and 500MW, thats Gross free cash of between £30 M and £60 M per year.

At present ADL has a MCap of a tiny £3 M. A company producing £60 M free cash per year should have a MCap of £300 Million not £3 Million. Thats a 100 Bagger !

Of course there will be a placing when the price is higher and selling of equity in the projects to fund development costs, but even if that reduces the free cash per year by a massive 50%, that still gives us a 50 bagger from here,

And that is only the start, the first 5 projects. The upside here is massive.

[yorgi] 01/3/2017 15:07

Buyers paying the full offer......another tick up coming by the looks of it :-)

[h2owater] 01/3/2017 14:22

Looking forward to the approval shortly! Finance secured by PLN

PLN has $435m finance already!

In December 2016, PLN secured US$435 million in financing to develop eight gas-fired mobile power plants with a total capacity of 500 MW in places including Lampung, Pontianak in West Kalimantan, Ampenan in West Nusa Tenggara and Nias in North Sumatra.

[yorgi] 01/3/2017 13:47

It looks like the market is at last catching on to the potential of ADL and believing the BOD and other informed people and not taking notice of the trolls that have been attacking ADL for months.

[yorgi] 01/3/2017 13:43

Rising strongly now :-)

[yorgi] 01/3/2017 13:13

Up we go again :-)

[h2owater] 01/3/2017 12:29

PLN to directly appoint developers for mine-mouth power plants


The Jakarta Post

Jakarta | Thu, February 23, 2017 | 10:56 am

PLN to directly appoint developers for mine-mouth power plants

State-owned electricity firm Perusahaan Listrik Negara (PLN) has stated it will not open tenders for mine-mouth coal-fired power plants (PLTU) as it plans to directly appoint the most prepared developers for such projects.

The direct-appointment scheme will be included in PLN's latest revision to its electricity procurement business plan (RUPTL) for 2017-2026, which is expected to be completed next week.

(Read also: PLN gives Pertamina more time in Java 1 project)

PLN president director Sofyan Basir said Sumatra and Kalimantan had a huge amount of potential in coal-fired electricity.

“The total potential of electricity at mine-mouths in Sumatra and Kalimantan is more than 5,000 megawatts [MW] and it can be managed through a process of direct appointment or assignment,” Sofyan said in Jakarta on Wednesday as reported by kontan.co.id.

“We hope we can finish it [the RUPTL revision] next week.” (vir/bbn)

[yorgi] 01/3/2017 12:11

I agree Stephanie :-)

[h2owater] 01/3/2017 11:42

LSE bb:

Del786
Posts: 8,691

Finance won't be an issue once we have approval, expecting this to be in place march & then pay loan off...........Expressions of interest already received from industry participants and project finance specialists including power companies and power equipment suppliers who understand the energy dynamic in Indonesia and the inherent and future project value

Approval Q1 - It can land anytime

STRONG BUY AT THESE LEVELS

On approval and @ 1p the market cap would only be 25 Million ...

Inclusion of our first project in the RUPTL will continue the rapid progress we have made since our readmission to AIM in May 2016. A desktop study performed by the Company highlights the potential returns of our IPP strategy. A 25MW IPP is expected to generate, at the project level, approximately US$57 million of gross free cash flow over a 15 year project life.
However, whilst the investment that Andalas has made to date would be justified by the origination of just one 2 x 30MW project alone, it is not our intention to stop there. The work completed by Andalas in 2016 has set a platform from which to scale the business, we have set a near term target of 5 projects with a total of 250-500MW, which we believe is eminently achievable, and as the economics above demonstrate would create a very significant business that would still have an enormous opportunity to continue to grow.

[stephanie_m] 01/3/2017 11:19

Exciting times ahead shortly for ADL.

[yorgi] 01/3/2017 08:01

Thanks for posting that H2owater 😊

[h2owater] 01/3/2017 07:46

Listen @ 17.15

[h2owater] 01/3/2017 07:44

March an exciting month for ADL


+ Andalas and Pertamina will be conducting a 2-day strategy session in
early March to review detailed studies of the potential gas fields for
future projects

+ Each new project has the potential to deliver significant value to
shareholders

+ The recently announced new regulations have elevated
Wellhead IPPs to a priority level within the Government's 35,000MW programme.
The Government's new regulation governing Wellhead IPPs is exactly aligned with
Andalas' gas to power strategy and I look forward to informing shareholders as
we progress our first project through to approval.

[h2owater] 28/2/2017 21:46

According to Mama on LSE news imminent:Price: 0.10MamaKamara 1,570 postsStandby for the big news!Jakarta news last week states that the 2017 / 2026 RUPTL will be released this week. SO! could land this week. However this is Indonesia and it could be next week. GLA Mama!

[yorgi] 28/2/2017 16:44

Thanks for posting that H2owater.

[h2owater] 28/2/2017 15:46

The one analyst offering a 12 month price target expects Andalas Energy and Power PLC share price to rise to 0.50 in the next year from the last price of 0.1025.

387.8% 0.50

[yorgi] 28/2/2017 14:36

The market acting logically today to yesterdays news.

[yorgi] 27/2/2017 19:11

I think Alan Green makes a lot clear in that podcast and he makes the point I have made on a number of occasions of the quality and experience in the BOD.

[yorgi] 27/2/2017 19:05

Well the MM thought it was good news as I did hence they marked it up first thing but in my opinion, absurdly, it was sellers that had the day.

In case anyone has not listened to this podcast with Alan Green I think well worth a few minutes.

[sweet karolina] 27/2/2017 18:12

Market rightly unimpressed by the jam tomorrow fluff update - that is all there has ever been. How are they going to pay back the Wonga.com loan due in a few weeks - that is the real issue the market wants to be updated on.

[sweet karolina] 05/2/2017 10:57

“The Tuba Obi East concession expires on 23 April 2017. Prior to expiry of the Tuba Obi East TAC, it is anticipated that application will be made jointly by PT Akar Golindo (the current holder of the TAC) and Andalas for a new contract to reflect the same division of participating interest as agreed by the TOE Farm-in Agreement. PT Akar Golindo and Andalas will jointly pursue the application and Andalas has agreed to pay a further sum of US$500,000 in cash (or US$1,000,000 in Ordinary Shares at the Company’s election) to PT Akar Golindo if a new contract is awarded. There is no certainty at this time that a new contract will be awarded by Pertamina.”

Have they submitted this application? Where are they going to find the money from to pay this one. Looks like paying double in shares is the only option and that is only if they do not lose the whole project.

[sweet karolina] 05/2/2017 10:03

ember,

They do not have any generators to sell a share of. What they were talking about was possibly getting a 3rd party to fund part of the project. A 3rd party is not going to give ADL a free carry and bail ADL out of the hole they are in.

"Approval will significantly de-risk the Project, unlock value and open up multiple funding options including sale of part of its interest to third parties"

DW is hoping that the approval will come fairly soon so he can ramp the shares to get a placing away. Approval generally takes far longer than anyone expects unless there are brown envelopes involved and ADL has nothing to put in a brown envelope. Concluding a financing package once approval has been given will also take a long time and ADL's diabolical financial position would be enough to put most potential partners off.

[doshdabbler] 03/2/2017 18:55

If it's that simple, why did they get a Wonga loan? Because they couldn't get a placing away, that's why.

[ember11] 03/2/2017 17:43

Sweet Karolina
Upon approval from the minister adl will sell a % of the first ipp to a 3rd party to fund ongoing company activities. It's all in the rns. Once approved a % of the first ipp will be sold down to a 3rd part. Value of a 25mw ipp is say $50 mill. We have gone for 2 x 30mw. Now if we split 50/50 with perta and say sell 20% to a 3rd party how much will that generate hmmmmmm. Multiples of the loan! And that's just to start .

As I said it's all in the rns of Dec and 04/11