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AEG Active Energy Group Plc

0.475
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Active Energy Group Plc LSE:AEG London Ordinary Share GB00BPG7NS80 ORD GBP0.0035
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.475 0.45 0.50 0.50 0.475 0.48 2,397,735 15:49:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 0 -1.34M -0.0083 -0.57 760.76k
Active Energy Group Plc is listed in the Business Services sector of the London Stock Exchange with ticker AEG. The last closing price for Active Energy was 0.48p. Over the last year, Active Energy shares have traded in a share price range of 0.325p to 7.35p.

Active Energy currently has 161,863,136 shares in issue. The market capitalisation of Active Energy is £760,757 . Active Energy has a price to earnings ratio (PE ratio) of -0.57.

Active Energy Share Discussion Threads

Showing 3001 to 3025 of 4000 messages
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DateSubjectAuthorDiscuss
18/6/2020
14:41
Yes, very good update - thank you

So with 2 shifts (hopefully very soon) the yearly turnover may reach approx $11m! This does not include revenue for any Coals-switch shipped or future licence fees/royalties etc..

I am sure I remember Mr Rowan talking about the possibility of also installing solar on the available land they have at the Lumberton site - which is not a small site!

grsshaw1
18/6/2020
14:26
I have just been reading that broker report. It gives more numbers on the sawlogs/wood chips and railway sleepers.I would like to know more about the margins. I suppose the whole purpose is to show how a large sawmill can use waste by product as a revenue stream for coal switch. I am sure a lot of large sawmill operators are looking on with interest.
Roll on that permit.

jomanny
18/6/2020
11:54
Good update.

Thanks for sharing Mac.

Holding tight and have been adding a few. My faith is being restored. I like bread with butter and jam.

G.

garth
18/6/2020
11:49
update from Broker share price Angel out today

Lumber Operations Potential Active Energy Group PLC (AEG) listed on the AIM Market of the LSE is a renewable energy & forestry management company focused on the production of biomass fuels using its proprietary CoalSwitch™ technology as part of a portfolio of products.
EVENT: AEG is making significant progress with the development of the lumber operations (sawmill and saw log) at Lumberton, NC which warrants a closer review.
HIGHLIGHTS:
Sustainable Lumber Operations: While AEG is very focused on the development and commercialization of its CoalSwitch™ biomass technology, it has become evident that the Lumberton site in North Carolina is going to be much more than a base for the first 5tph CoalSwitch™ Biomass reference plant. While awaiting permitting to begin construction of the plant, AEG management has been forging ahead to create a sustainable lumber operation at Lumberton, NC with multiple revenue opportunities.
Lumberton – Strategic Site: They key points being that it sits in the middle of a region with an abundant supply of feedstock; is right next door to a fully operating biomass power plant (owned by Georgia Renewable Power LLC - GRP); is just over 80 miles from the nearest shipping port, and is about 30 miles from a container intermodal port that feeds into the major routes for SE Asia. This makes the site ideal for domestic transport, as well as for shipping to high demand areas overseas for lumber products and CoalSwitch™ pellets or biomass products, when they become available.
Lumberton Sawmill Operations: AEG buys hardwood logs of different species which are cut into minimum 9-foot-long saw logs. Each 9-foot-long saw log is cut into one rail tie and a number of dimensional lumber boards of different measures, while the waste wood from the cutting process is run through a chipper. Once chipped, the waste wood is collected and sold as fuel to a local power plant for roughly US$30/tonne, delivered. The sawdust produced is currently being collected and stored for use in the CoalSwitch™ biomass plant, a feedstock cost saving of ~US$30/tonne. Each rail tie is sold for an average price of US$30. On one shift per day for a full 12-months, the sawmill would generate an estimated annual revenue of ~US$1.44m on the sale of rail ties. However, there is additional revenue to be gained from the sale of co-products (lumber/slabs and wood chips) which should add as much as US$0.5m each year with little to no additional cost.
Lumberton Saw Log Export Operations: This is a more recent addition and is expected to ramp up in volume as the summer progresses. The purchased logs are de-barked, and then loaded onto containers for shipping. As per our previous note, once up and running we expect minimum volumes of 150-160 containers per month to be shipped. A full 12 months of operation would translate to a revenue run rate of ~US$4.5m. We anticipate that volumes can be increased to as much as 300 containers per month in the near-term. With the markets suggesting increasing demand post COVID-19 for saw log exports, and increasing prices, these baseline assumptions appear conservative.
Outlook
While awaiting permitting to begin the construction of the initial reference plant for CoalSwitch™, AEG management has rather prudently been very busy building a sustainable lumber operations hub with sawmill operations and saw logging exports ramping up. We’ve gone from virtually no revenue to multiple and diverse revenue streams, with significant long-term growth potential. This potential has been amplified by the strategic timing acquiring 100% of the lumber operations at the Lumberton site from JV partner, Renewable Logistics Systems (RLS). This now creates a picture of a fully functional hub for lumber activities at the Lumberton, NC site, ready for the integration of the CoalSwitch™ biomass production once permitting is granted.
It appears at this point, that AEG is well positioned as we look forward at the near-term opportunities. Continued execution by management is critical through the next steps of these commercial plans. Overall, we believe the balance of the year could represent some solid growth for AEG, not represented in the current market value.
We continue to expect a positive outcome on the permitting for the 5tph reference plant by the North Carolina Division of Air Quality, following the close of the community consultation period on June 27, 2020 – likely sometime in July.

maccamcd
17/6/2020
20:40
Antonio Esposito (@RenewableLS) Tweeted: #AEG adopted innovative telemetry system to automate its containers shipping operations in Lumberton. hxxps://t.co/t5Pmi3KVwU
grsshaw1
17/6/2020
19:29
Evening Isa2020,

There are 1,274m shares now in issue at the moment and yes it only takes a few trades in either direction to move this share - the volumes seem to be getting better so a little more liquidity will help with less aggressive price moves and to also narrow the dealing spread.

RE the shares purchased by the then CEO the price was 1.25pps mid Dec 2017 (£520k)and the share price at the time at the exercise was approx 2.2p, by mid March the share price hit an intraday high of 5p!!!

I am hopeful that when the permit is signed off they can move to full scale production fairly quickly - just hope that they have under promised the time to full production (Dec) to fully ensure they actually start hitting deadlines to provide some confidence - I am hopeful for October ish - I get the feeling this permit exercise is not really about the initial 5tph but more about the scale up build which will then make the move to the larger tph a hell of a lot quicker.

Next move for me is the second shift but not sure how that works with local risk and Covid-19 etc..

Also intrigued what is happening in Asia and if there may be some news re a new licence - maybe Japan!

2 x Newfoundland cutting permits must have some potential also.

RMDE at the moment for me is just an extra play and hopefully there is news very soon - nice to get the 2 x licenses which was massive for AEG but when Mr Spinks advised last week there was an update on the new pellet plant in Alberta, plus 5 others in advanced stages the share price didn't react at all - so maybe the market is not, as yet, listening to RMDE news flow.

Plenty going on and recent news re reduction in carbon investment moving over to green renewables in a big way can only help - just need some exciting news flow to get some much needed attention in the the market

Good Luck All

grsshaw1
17/6/2020
12:52
This move up and down quickly, like today... Around 1.5 thousand million shares, and 1.8 million traded and it moves up almost 10 percent.Good to note major shareholders haven't sold any in the last few years, and current directors have brought in.Previous CEO put half a million of his own money couple of years ago at at around 3p (please check can't remember exactly)Is possible that the only ones selling are traders that brought in at .4p hence they made double so selling,However any long term investors, knows that that is cheap,Remember, even if permit is delayed, AEGplc partner RMDE in Canada still going with it's projects, so whatever happens in the US, AEGplc are in line to get royalties - don't focus on the permit. That secondary
isa2020
17/6/2020
12:22
When you watch the likes of VLS, PHE, EQT and consider their market caps relative to AEG it does leave one wondering what might happen when that permit comes through...

27 May 2020

Active Energy Group Plc

('Active Energy', 'AEG' or the 'Company')

Construction and Air Permit Update

Permit event to take place on 22 June 2020

Active Energy, the international biomass based renewable energy business, announces that the online event for public comments on the construction and air permit (the "Permit") for the Company's CoalSwitch(TM) plant in Lumberton, NC has been postponed to the 22 June 2020, with the public comment period closing on the 26 June 2020.

The Division of Air Quality in North Carolina informed AEG that the change in dates is required to comply with the minimum notice period regulation and is the result of an administrative error that occurred when the State sought to publish the public information in the local newspaper.

DYOR.

G.

garth
15/6/2020
12:13
Thanks Chipman,

Schoolboy error! I was exceedingly disappointed by the figures I initially pulled out - thinking "I am sure I was expecting it to be much higher thatn that" LOL.

You are right - $3m pa in royalities from one plant that size.

In terms of what they produce, if they are planning 6 plants I guess they would certainly be exceeding that figure down the line.

G.

garth
15/6/2020
10:56
$3,000,000 by my calculations based on your numbers?

$5 x 600,000 metric tonnes is $3m not $300k, I'm worried about my own sums now...pls check before taking any notice.

...course they've got to make 600k tonnes to sell to pay the royalty, so there's that.

Happy if they build ONE plant finally. Imagine if 2!

chipman1
15/6/2020
10:37
Thanks for the link.

RMDE going for 6 plants, 5 of which "are now in the advanced planning stage". IF each was the size of the planned Nova Scotia Pulp site plant that would be circa £18m in potential royalities per year just from RMDE - assuming running at full capacity.

"RMDE was proposing to develop a CoalSwitch fuel pellet plant capable of producing up to 600,000 metric tonnes per year for sale to existing off-take customers in Europe.

So that would be $3,000,000 royalties per year if running at full capacity - for that one plant.

hxxps://forestsfields.com/breakingnews/fuel-pellet-producer-withdraws-bid-to-buy-nova-scotia-northern-pulp-site

G.

EDIT: School boy error! I have to say that I was exceedingly disappointed by my initial figure!!

garth
15/6/2020
07:08
https://mobile.twitter.com/BiomassMagazine/status/1271531490107678720
isa2020
13/6/2020
17:46
Found this from April and don't recall reading this! Surely there must be an opportunity here after all the work and cash spent on getting the two licenses

hxxps://forestnet.com/LSJissues/2020-march-april/biofuel.php

grsshaw1
12/6/2020
16:02
Very low volume today so I'm not too concerned TBH - the interest is either payable in cash or by the way of shares at 1p nom value - so we won't know until they let us know which option they went for!
grsshaw1
12/6/2020
15:24
What happened today
isa2020
12/6/2020
13:00
Interest on CLNs, wasn't it 8 percent - deferred to September/October that's an expense
isa2020
12/6/2020
12:33
isa202012 Jun '20 - 12:50 - 1425 of 1425
0 0 0


What's the outgoings

zip on a royalty!

G.

garth
12/6/2020
11:50
What's the outgoings
isa2020
12/6/2020
10:50
That's circa $400K-£500k royalty per annum per 50T ph plant.

;0)

G.

garth
12/6/2020
10:42
November:

"Details of the CoalSwitch(TM) Licence

AEG has executed a 20-year exclusive License Agreement with RMDE, Inc., a commercially focused environmental engineering, and production company with a focus on developing forestry residuals and low/no value fibre waste into biomass fuel products.

Under the terms of this License Agreement, AEG has granted and RMDE has purchased exclusivity over the sale and commercial development of all opportunities to which the CoalSwitch(TM) technology may be applied in the Territories.

RMDE has paid to AEG an upfront fee license fee of US$1.8m (CAD 2.4million) and has agreed to make future royalty payments of US$5.00 per tonne to AEG for the Licensed CoalSwitch(TM) Product that is produced using the CoalSwitch(TM) technology and know-how.

It is anticipated that RMDE will commission its first plant within the next 18 months, subject to environmental and other permitting processes being finalised. To this end, RMDE has commenced initial preparatory and pre-engineering work in Alberta for its first plant and is working on additional projects using the CoalSwitch(TM) technology in the Territories."

garth
12/6/2020
10:37
Yes, RMDE, but AEG get a royalty on all CoalSwitch produced at any plant RMDE build and operate...

G.

garth
12/6/2020
10:19
Mr Spinks drive and energy much missed here!
footrot355
12/6/2020
09:58
Unfortunately not AEG, as your link makes clear, this is RMDE in Canada, the privately owned and run business which is licensed to purchase CoalSwitch.Mr Spinks and team doing an excellent job, and creating local work.
isa2020
12/6/2020
09:01
Posted by Soundsrich on LSE board



#AEG Wow just read this update. 1 coalswitch plant in Canada is at FID stage with apparent strong backing from locals, a further 5 plants! are at advanced planning stages, with more planned in other areas. Mr Spinks is creating a monster!

hxxps://rmde.ca/news/f/overview-presentation-alberta-plant-one-progress-and-outline

grsshaw1
09/6/2020
11:09
CLNs @ 1p is equivalent to 2 license, which isn't going to be very hard.
isa2020
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