Active Energy Share Discussion Threads

[garth] 03/6/2020 14:14

And a very large forestry asset in Ukraine, with over 40 years' licence left to run, from memory.At the point it becomes clear that they are going to get this over the line a massive, massive re-rate will be on.From what Angel had to say, looks like those bread and butter logging revenues may be about to haul it over that line.G

[chinadog3] 03/6/2020 14:06

huge rise followed by steady increments is preferable

[isa2020] 03/6/2020 12:16

Would prefer a slower 5 to 10 percent raise a day that a massive 40+. Still undervalued a notes and bonds converted a little while back at 1p - with noise coming from Canada (even without the US permit) much much more, remember AEGplc still has interests in Canada (not just with RMDE)

[garth] 03/6/2020 10:34

Smackeraim,

Thank you for sharing the Angel note. Very interesting reading on projected logging revenues for the year. I wish those aspects had been given greater emphasis in forward looking statements in the finals.

G.

[isa2020] 03/6/2020 06:07

https://www.morningstar.co.uk/uk/news/AN_1591010476571298000/active-energy-swings-to-profit-and-all-eyes-on-important-2020.aspx

[smackeraim] 02/6/2020 16:10

https://www.uploadlibrary.com/SPAngel_Tania.Maciver/AEG__2019results_01062020.pdf

[isa2020] 02/6/2020 08:10

It's not easy as our partner is a privately owned company, keep an ear to the ground.

[garth] 01/6/2020 11:09

Points well made Isa.

G.

[isa2020] 01/6/2020 09:54

Agree ? they could be taking a little less out. My overall point is that the one license made a big imprint on the accounts, in reality they only need a few more and not do anything and AEGplc gets royalties. I've said this from the start and at AGMs too - 'go down the licencing route' and leave the headache of building and local laws to the local Partner., so a couple of years ago once the plant was tested and certified that is what they should have been doing, we would have been where we are now two years earlier. AEGplc should be a 2 Director and Admin staff, and R&D department , selling licensing of is product and development, (looking at different organic waste). I've said this so many times, to past and present management. Now one of the previous directors has purchased a license. Which I think was a little to cheap. There are so many companies (energy companies) that could buy AEGplc using petty cash, however they would need to buy out the loans, CLN etc. The tech and patent is worth 20 million yet. However at about 2 million a license, you would only need to sell 10, and with all the other half baked projects AEGplc has, there is value.

[garth] 01/6/2020 08:26

11 employees: 3 directors, 3 admin, 5 production

Circa $1.5m of salaries cash and shares.

Add in what they pay themselves interest on loaned cash.

And the statemet reads, further delays on pellets but we are cutting more local timber...

European demand for pellets has levelled off.

Isa - IMO, that second broker is because they are going to need more cash. Full stop.

Covid or no covid, they got DD wrong on that permit. But the management are, unless I have missed something, still eating up the cash paying themselves full salaries.

It is unseemly, IMO.

G.

[isa2020] 01/6/2020 07:32

Accounts are very solid, massive turnaround. Hopefully we'll found out who has interest in the company and it's tech - for AEGplc to appoint a second broker. Nice to know that they are assisting our Partner RMDE with their plant over the last few months, I expect a modest rise in shareprice.

[grsshaw1] 27/5/2020 21:25

"Once issued, huge progress at #AEG towards revenue generating plant operation. Each step reduces risk increases acceptance/validation. Environmental Report for permit shows negligible emissions far less than Coal product will replace. One large plant changes company completely!"



Lets hope there are no further delays to the online meeting event and that the decision is pushed through quickly due to the many delays - Wonder how RMDE are getting on with them licenses!

[grsshaw1] 26/5/2020 08:58

Thanks to the Lumberton's crew for working through the weekend and assembling the debarker. Export to China officially opens up for AEG. pic.twitter.com/XfoOOL4Dbo

[jailbird] 26/5/2020 08:24

The public comment period has been extended to June 26, 2020 at 5 p.m.https://deq.nc.gov/news/events/public-hearing-active-energy-renewable-power

[isa2020] 26/5/2020 07:53

AEGplc Canadian partner RMDE, not going to have any issues, due to the fact biomass use and over all take up in Canada https://www.canadianbiomassmagazine.ca/from-propane-to-biomass-bc-community-undertakes-biomass-heating-project/The USA may be a little different, however Lumberton plant seams to be moving ahead, a permanent permit is what AEGplc is wanting for.With a second broker, someone has a lot of interest,The real value here is the licence and technology.

[jomanny] 25/5/2020 13:08

They placed shares at 1p in late 2018. They attached warrants at 1.75, which have now expired. Since then they have issued around $6 million of loan notes that convert at 1p.
The note holders and placees funds were to bring the small scale plant into production at a large site in Lumberton bought for $3.2 million in 2019. 1p a share is what they paid. We can buy at 0.4p.
If you believe that air permit will be given in June then you are getting shares at a huge discount to the bondholders and placees.
If we add the ancillary activities at Lumberton and the Canada licence then 1p looks undervalued.
The permit delays have hit this hard.

[garth] 21/5/2020 09:32

Thanks for posting grs. They sound busy!

G.

[grsshaw1] 21/5/2020 08:52

Nice bit of PR!

[jailbird] 18/5/2020 07:38

Garth,

The delays caused by mis-management by the BoD has cost this Co alot of money and slowed progress.

They are just not upto it and need another one or two professionals on board

[garth] 18/5/2020 06:22

Thanks for posting the link Jomanny. At least it provides a more definitive end point.

But March has been extended to April and then to May and now to June for a permit hearing for plant they were going to have built 4th quarter last year. I understand that the permit delays are not the fault of management. But the lack of due diligence over the need for the replacement permit certainly was.

My patience with this one has got threadbare.

G.

[jomanny] 18/5/2020 05:51

hxxps://deq.nc.gov/news/press-releases/2020/05/15/release-public-hearing-draft-permit-active-energy-renewable-power-be

A digital public hearing confirmed. Good news in my opinion.

[jomanny] 18/5/2020 05:50

hxxps://deq.nc.gov/news/press-releases/2020/05/15/release-public-hearing-draft-permit-active-energy-renewable-power-be

A digital public hearing confirmed. Good news in my opinion.

[isa2020] 08/5/2020 15:07

https://apeetogosan.comThis can only be a plus for our Partner

[isa2020] 08/5/2020 08:10

With a new joint Broker, someone somewhere is interested in something..

[garth] 07/5/2020 07:32

Thanks for sharing that Isa. I had a look. Hard to know - but as you intimate, it could be AEG. I just would have thought that they would have shouted about it really loud if it was. They need some good news!

G.