Active Energy Share Discussion Threads

[garth] 23/7/2018 13:59

Results of AGM

Active Energy, the London quoted international biomass based renewable energy and forestry management business, is pleased to announce that all resolutions were duly passed at its Annual General Meeting held today.

At the AGM Mr. Phil Scalzo and Mr. Antonio Esposito delivered presentations on the Company's CoalSwitch and PeatSwitch products and the current and anticipated market for the worldwide sale of industrial pellets. These presentations will be available to view on the Company's website later today.

The Company also wishes to update shareholders regarding its proposed agreement with the Province of Newfoundland and Labrador, Canada that will provide the Company with a Crown Timber Licence and a Forestry Management Agreement.

The Company has now received a letter from the Government of Newfoundland and Labrador (the "Government") which confirms that Active Energy's proposal is in the final stages of review by the relevant governmental departments. The Government has confirmed that as this is the first application of its kind regarding the grant of a Forestry Management Agreement, it has provoked considerable interest and review from all those involved. The Government anticipates that this review period will be completed before month end following which the proposal will be submitted to Cabinet for final approval, which is currently expected during August 2018.

Active Energy continues to support the Government in its approval process and looks forward to providing shareholders with further updates as appropriate.

[taxibabe] 19/7/2018 15:55

hopefully some will switch from nuog to aeg soon

[isa2020] 19/7/2018 12:33

So topup before or after the 3p?Believe everyone putting to much wait on NL, News when there are already huge signs of orders and progress. Oh well!

[costax1654x] 19/7/2018 12:01

Big sell behind by the look...it will trigger many limits if goes under 3

[taxibabe] 19/7/2018 11:29

yeah it's dropped today eh eh should have stuck with nuog ah well agm Monday

[costax1654x] 18/7/2018 15:23

Lucky my other shares did well!,Cause this one is...annoying!If no license by Friday,I sell all shares and buy only hnr

[taxibabe] 18/7/2018 14:01

as a new recruit/refugee from nuog I am wondering when news is expected?

[belo horizonte] 16/7/2018 11:48

Please explain Richy boy.

[richyf3] 15/7/2018 19:58

Massive week ahead before the AGM meeting on the 23rd next Monday .

[isa2020] 12/7/2018 07:12

Newfoundland and Alberta details are very important, however let's not lose sight that AEGplc has access to forestry material in some areas via its ownership of powerwood, to help meet orders.

[juleshoddy] 05/7/2018 22:03

Frikkin hope so, been here ages waiting for some solid news. Looking forward to congratulating everyone on our good fortune, when it happens.

[richyf3] 05/7/2018 21:25

Going to put my neck out here and say we are just about to enter the best period of the year regarding newsflow I reckon next week could unlock everything .

[isa2020] 05/7/2018 09:18

Own up, who sold 420 shares - after dealing charges, just enough to buy a bar of chocolate ?

[costax1654x] 04/7/2018 16:53

The project, as of the period ended March 31, has generated net revenue of US$3.8mln, with production figures placing it within the top 3% of all Niobara wells in Colorado.The Wildhorse and Powell wells, located within the East Denver project, surpassed a milestone of 100,000 barrels of oil equivalent in 64 days following initial production in December 2017.HNR has also received permission to increase the number of wells at the project up to eight.The project can also count on a US$58.5mln commitment from a US oil and gas focused private equity group to support an expansion of up to 24 wells at the site.According to HNR, the East Denver project has an NPV10 range for six wells of between US$23.3mln to US$30.1mln.An estimate for the full 24 wells sees this estimate increase to between US$96.6mln to US$124.5mln.To put that into context, Highlands' market cap stands at £26.9mln at 21.1p.Gas and helium potential in MontanaHNR also has its own gas operation in the form of the Helios Two project in Montana.While still in production testing, an update on 1 February revealed that gas production rates had "intermittently peaked" at up to 216,000 cubic feet per day of gas.A 2017 assessment provided an NPV of the project of up to US$341mln across a 69,120-acre area.At a recent federal auction, HNR acquired an additional 116,488 acres of the project area, expanding its footprint to 221,973 acres.In addition to the gas reserves, helium has also been discovered at the project with a content of 0.36%, similar to the Hugoton gas field in Kansas.If developed, HNR expects the helium resource to provide a strong upside to the NPV of Helios Two.A US$8.5mln programme is expected to advance development of the project which could see up to 24 wells in place.

[costax1654x] 04/7/2018 16:26

Just said if u interested in an oil company

[costax1654x] 04/7/2018 16:25

I have shares here as well

[venkata] 04/7/2018 15:26

Buggger off Costax1654x

“HNR” is blah blah

Utter tosh and of no interest to the people on this board who have invested in a company with a story and management they believe in

[costax1654x] 04/7/2018 14:07

HNR is a small mcap,producer,without debts,with a third party paying for drilling,and 2 wells producing....no dilution,and cash in bank....worth a look!!

[costax1654x] 04/7/2018 12:26

Hnr is getting hot

[isa2020] 04/7/2018 08:44

They may think that the computer kicks in and sells their holding - just for the price to increase a day later

[isa2020] 04/7/2018 08:42

Think people should turn off their 'stop-loss' - with over 1000 million shares, mostly held by solid investors.To more down almost 1.6% on 27,000 is ridiculous