Active Energy Share Discussion Threads

[7rademark] 05/3/2024 11:45

The recent issues caused the share price to crash from 4p. Watching closely as a return to 4p is very likely given today's news. Well done those who had patience to hold.

[maytrees] 05/3/2024 10:15

Given the settlement which seems beneficial for AEG, I have made a small purchase.

[maytrees] 05/3/2024 10:14

!FOLLOWFEED
The old threads seem to have ignored the current good news of the settlement with player design and todays good share price gain of over 86% so far.
For those reasons a new thread seems apt.

[terminator101] 26/1/2024 08:37

Hope nobody was sucked in to this lifestyle pish.

[scepticalinvestor] 26/1/2024 07:37

Placing at 0.05p?

[larryparker] 26/1/2024 07:33

Well that's the end of that then, last one out please turn off the lights.

[garth] 20/11/2023 07:20

Ashland is 12 months late. AEG are somewhat later... Failure upon failure upon failure.

[garth] 20/11/2023 07:19

"Considering this further delay, the board of Active Energy no longer has confidence in the time estimates for the delivery of CoalSwitch Ò fuel provided by PDI, given that the Ashland Facility is currently 12 months late in commencement of fuel production"

[terminator101] 26/9/2023 07:58

Those results are awful.

Material uncertainty

Need to raise cash

It’s a massive avoid for this lifestyle pish.

[garth] 26/9/2023 07:57

Michael Rowan, CEO of Active Energy, said:

"Despite the recent confirmation by PDI of the delays in completion of construction of the Ashland Reference Facility, the new executive team, assembled in the first half of 2023, has already developed a new and expanded technology roadmap designed to create new opportunities for CoalSwitch (R) fuel.

"Specifically, the roadmap includes modifications and upgrades to the existing proven technology as well as the addition of new technologies that will improve efficiencies, create new product offerings, and expand the depth and breadth of the clean carbon products that Active Energy could produce to meet customer needs.

[garth] 26/9/2023 07:55

-- PDI has confirmed that first production of CoalSwitch(R) is targeted to commence in November 2023 at the Ashland Reference Facility.

Financial highlights

-- Operating loss from continuing operations of US$1.6 million for the period (H1 2022: US$1.3 million).

-- Net cash position of US$1.2 million (H1 2022: US$3.9 million).

[garth] 07/9/2023 14:14

PDI has confirmed to Active Energy that construction of the CoalSwitch(R) Plant is due to be completed in Q3 2023 with first production of CoalSwitch(R) pellets being available for delivery to AEG's potential customers during the same quarter. News expected this month - just September remaining of Q3.G.

[nico115] 26/5/2023 12:16

Thx Oh dear not even 0.2 after recent rise I will wait for 7p then !

[garth] 24/5/2023 08:03

30 November 2017 Construction of the first five-tonne-per-hour CoalSwitch(TM) plant will be completed in December 2017 followed by full commissioning and revenue generation thereafter, Utah

4 June 2019, Rapid progress advancing construction of new CoalSwitch(TM) operation at Lumberton, U.S.

2 June 2021, First production of CoalSwitch(TM) at the Ashland Facility

24 May 2023, PDI has confirmed to Active Energy that construction of the CoalSwitch(R) Plant is due to be completed in Q3 2023 Ashland

Its been a travelling circus. Anyone one might think we could or should have had at least 4 plants running by now - at least that is what shareholders have been asked to cough up for over the last 6 years. But the current manifestation of the Big Tent is closer to being up with an initial operating permit achieved. Additional data needed within the first 6 months operation. De ja vu Lumberton... But perhaps this time with will be different.

Good luck to anyone piling in on this RNS.

G.

[pete1277] 17/5/2023 18:45

How can a company perform so badly when Europe’s energy is crippled by the Russians. We all know investments can be risky but this company is such a disappointment.. I’m sure Michael is an intelligent individual, however he’s clearly stepped out of his comfort zone and has been a massive disappointment which has cost people their valuable savings. I don’t like criticising Michael on an open forum but he’s really not up for the job and should stand down and apologise for the numerous failures that have occurred by poor leadership.

[tomboyb] 03/3/2023 10:17

John Celaschi up to 10% -

[garth] 17/1/2023 08:42

Dave - it hasn't only taken longer, it continues to take longer. Progress is arriving at a point beyond where you were previously. Under that perfectly reasonable definition the company hasn't made progress - it has simply recovered a bit of ground.

Reactor designs are completed, but unbuilt and untested. The parts haven't even been manufactured - they are only at the stage of having talked to manufacturers. They don't have a permit - and how can they, they don't know what emissions will be because the reactor isn't built yet to provide samples.

So, they have some nominal orders - that has been true for at least 5 years. But no reactor, no reactor parts and the pellets being sampled are presumably ones from the old design?

Lets try to tell it as it is.

You are right - the market is accelerating, energy costs have been at their highest for 20 years and AEG should be riding the wave - not calling having designed a new board "extremely productive" while others enjoy the surf.

Just a view - as always.

G.