Active Energy Share Discussion Threads

[jailbird] 15/2/2020 08:40

Interesting Garth...that is damning article for ppl who believe in climate change and want greener investments

BTW I have sold 80% of my holding and left profits in.
Might make a few more quid.

1p target for me.

[garth] 15/2/2020 07:21

Here is the link for those not on TwitterhTTps://pulse.ncpolicywatch.org/2020/02/13/new-wood-pellet-plant-proposed-for-lumberton-area-already-home-to-multiple-pollution-sources/Whilst I have great sympathy with the ecological/environmental cause that the writer ascribes to, it is hard to imagine a less balanced and more disingenuous piece.The rhetoric is quite something...G.

[entropick] 14/2/2020 21:14

AEG New wood pellet plant proposed for Lumberton, area already home to multiple pollution sources

[ileeman] 14/2/2020 10:42

Bought a few but could only get 1million wanted to buy more.

Nice break above 0.6p, looks like 1p can be hit especially with recent bold holder uptake.

[rumobejo] 14/2/2020 10:39

nice to see bond holders taking a break, they been bashing it for yonks...

[cottoner] 14/2/2020 10:26

Looks like it's now been noticed since today's 2nd RNS.

[smackeraim] 14/2/2020 07:55

Decent vote of confidence you'd have to say.

[jailbird] 14/2/2020 07:40

Either it does not change the story I wrote above.

Big holders atill in loss here

[jailbird] 14/2/2020 07:39

can you convert at under 1p...not sure of the rules here

[cottoner] 14/2/2020 07:21

Certainly some good news today:

The deferral of coupon payments by the Bondholders will allow the Company to focus its capital on current activities at the Company's Lumberton site in North Carolina ("Lumberton" or the "Lumberton Site") which will include the construction of a 5 tonne per hour CoalSwitchTM plant to facilitate the production of CoalSwitchTM and second-generation biomass pellets coupled with various lumber production initiatives. The Company's Directors estimate the deferral of cash coupon payments by the Bondholders will enable Active Energy to conserve approximately £1.2 million of cash throughout the Deferral Period.

In addition, certain Bondholders have elected to convert a total of 67,687 Bonds into new ordinary shares of 1p each in the capital of the Company ( the "Ordinary Shares") at a price of 1p per share, pursuant to the terms of the Convertible Bond. Accordingly, 6,768,700 new Ordinary Shares will be issued to the Bondholder in accordance with the terms of the Convertible Bond (the "Conversion Shares").

i.e £67.687K @ 1p , almost double the current price.

[jailbird] 13/2/2020 19:42

Yes something strange going on .MMs willing to take 5m+ sell this afternoon . Makes you wonder if there is a buyer with an order in being filled .Is the any chance of a takeover of the Co and its technology ?Just speculating .. Seems sells are being taken up

[smackeraim] 13/2/2020 14:52

Big buy hmm

[garth] 13/2/2020 08:08

Yes. To all of that J.

Shocking lack of due diligence or downright dishonesty?

Either way its incompetence or malice.

I am still here because I still believe they can and will get it done and when that happens I believe we will be rewarded.

Opinion only!

G.

[jailbird] 12/2/2020 10:30

Only the recent licence cash is the reason I ( and maybe few more) are probably here.

[jailbird] 12/2/2020 10:27

So Rowan has been dishonest with the RNS statements...how can trust this Co.

One keeps thinking ok all on track now but then they drop another bombshell

[jailbird] 12/2/2020 10:25

So it now turns out Rowan's information was totally wrong & the permits would be great if AEG were going into the business of knitting & dying of jumpers but of very little current benefit for the manufacturing of a next generation revolutionary biomass pellets

Also included in the latest RNS was another major bombshell which told us the plant has still to be reconstructed

"Subject to any conditions within the Permit, AEG expects construction of the plant to commence once the Permit is granted".

So why at the AGM did Rowan tell the shareholders Absolute Welding were currently busily rebuilding the plant & it would be operational much sooner than later. It was even again documented in the statement made at the AGM by Simon Melling.

7. Appointed the experienced US based engineering and consulting firm, Absolute Welding & Consulting to install the commercial scale reactors;
8. Commenced work for the construction of a five-tonne per hour CoalSwitch™ plant to be operational in Q4 2019;

[jailbird] 12/2/2020 10:24

pinched this from LSE...The Guvnor posts..making some ver good points and how midleading the Co has been

Please also remember when the Lumberton project was first announced in October 2018 we were told the 5tph would be immediately relocated to the Georgia Renewable Power (GRP) Plant & producing CoalSwitch by end of 2018. This then slipped in January 2019 with news that AEG was now purchasing the site next to GRP from Alamac holdings & it was fully permitted so production would commence once the sale was completed. At an investor lunch held in April 2019 I asked Rowan if the valuation for purchasing the Lumberton site was on the rich side especially as it meant even further considerable dilution for shareholders. The group were totally assured the site had all the very complex permits already in place, which allowed for the rapid relocation of the very mobile 5 tph machine to Lumberton, quickly creating immediate much needed revenues & final proof of concept therefore spring boarding AEG much faster/further forward along with us all enjoying a considerable share-price recovery. To help us believe his new hype Rowan promised with him as CEO the old AEG was now a thing of the past & even kindly produced a Corporate Presentation booklet dated April 2019 which he proudly presented to all attendees & then placed a copy on the AEG's website for us all to see/enjoy.

hxxps://www.aegplc.com/wp-content/uploads/2019/04/AEG-Corporate-Presentation-25-April-2019-final.pdf

So there written on page 8 in an official company presentations produced by the CEO to it's owners/shareholders it clearly states the Lumberton site is FULLY PERMITTED.

Even at the AGM Simon Melling updated the shareholders with the following official statement

"As shareholders will be aware, the pressing need for AEG was to concentrate on generating revenue, whilst also building a strategically located operational base in order to produce various pelletised biomass fuels including CoalSwitch™. Accordingly, the North American Lumberton Site ('Lumberton') was identified as ideal for the Company's near-term ambitions. Lumberton, consisting of up to 415,000 sq. ft of covered factory space and circa 151 acres of surrounding land in prime lumber districts, has all the requisite ancillary facilities to produce CoalSwitch™, including power supplies, PERMITS, water treatment facilities, a research and analysis lab as well as offices. It also has a critical advantage in being located adjacent to AEG's joint venture partner Georgia Renewable Power LLC ("GRP").

hxxps://polaris.brighterir.com/public/aeg_plc/news/rns/story/xpq2z3r

Again presented at the most important yearly meeting to the company owners, when every piece of information needs to be 100% factually correct, the Lumberton site had everything needed to start production including all PERMITS.

[jailbird] 11/2/2020 11:37

2 MMs on 0.57pNext 2 on 0.63pLast one on 0.8p2v2Just an update

[smackeraim] 09/2/2020 14:28

dp.. I don't know who is worse. Him for clogging up threads with pointless tweets, or you following him around like a wet lettuce. Grow up ffs

[dplewis1] 08/2/2020 19:29

1aimstocks is the same bloke as 1jimmysmith. I'll let you decide if he's a total bellend or not.. oh yeh he also runs the Top AIM stocks Twitter account where you'd have lost 90% of your money so far if you'd have followed him.

[dplewis1] 08/2/2020 08:35

1aimstocks is yet another alias of the twitter moron Top AIM Stocks.. He must have about 30 profiles on here now (Casper786, tradingstock247, BrotherHumble, spurslegend etc). He's probably got so many because every one of his share tips is a complete disaster - NMC from 14 quid anyone?!

[garth] 07/2/2020 11:32

Thanks Smackeraim.

Link added to header. Last line.

G.

[smackeraim] 07/2/2020 11:18

It's changed a few times from in progress to waiting for information during January.Now I suppose they are just awaiting the meeting, and bingo.