Active Energy Share Discussion Threads

[jailbird] 05/10/2018 09:12

On 26 June 2018 Active Energy announced that it had raised GBP1m (before expenses) through the issue of 33,333,333 new ordinary shares of 1p each ('Ordinary Shares') at a price of 3p per share from new and existing investors. Proceeds associated with this share issue were received either side of 30 June 2018. Any proceeds received after 30 June 2018 were recorded as trade and other receivables in the balance sheet as at 30 June 2018.

In addition, during the first half of 2018 a number of convertible loan note holder took the opportunity to convert debt to equity and as a result an additional 49,633,228 shares were issued in exchange for loan stock. The resulting balance sheet reallocation from debt to equity, combined with the share issue, but partially offset by the loss for the period, improved Active Energy's net liability position from US$2,534,966 as at 31 December 2017 to US$254,270 as at 30 June 2018.

[isa2020] 05/10/2018 09:03

Last statement - look under heading 'Going Concern'".. ... this into account and following a detailed review by the Directors of the group's cashflow requirements, the directors believe that the Group will have sufficient cash resources to continue to trade for a period of at least 12 months from the date that the interim financial statements are issued. ...... "

[jailbird] 05/10/2018 08:28

Thanks IsaWhich report? .. I am sifting through RNS'

[isa2020] 05/10/2018 08:05

On report mentioned' had sufficient funds for next 12 months ' so I don't think so

[jailbird] 04/10/2018 19:26

This has been making lower low recently

Do you guys think this is being linked to fund raising required for projects or working capital .. we have been here before

Got to admit , I jumped in on the potential deals here but delays or cash calls impact value of ones investment by dilution

PIs are always last to know .

[isa2020] 04/10/2018 13:58

Pop or Drop All go - all stop (change directions)

[isa2020] 02/10/2018 11:34

May also have something to do with the fact that Mr Spinks, is in Canada

[fillipe] 02/10/2018 11:17

The rise is likely to be due to a Technical Analysis of today and possibly short-lived.

f

[isa2020] 02/10/2018 09:48

#Superfuel could be the jewel in the crown for Poland when they take Presidency at cop24.gov.pl

[isa2020] 02/10/2018 09:44

Someone very confident!

[jailbird] 02/10/2018 09:12

405k delayed buy.. got today offSomeone expecting newsflow:-)

[jailbird] 01/10/2018 12:06

MMs are all blue .. nice to see

[jailbird] 01/10/2018 12:05

Not sure whether any of those 20 million @2.4p are left Looks to me normal supply and demand moving the price

[jailbird] 01/10/2018 07:52

Wrong about 2p ( typo)

[jailbird] 01/10/2018 07:51

I hope you two are right ...A long time coming ( some ppl call it jam tomorrow )Garth I hope you are about 2p though !'

[garth] 01/10/2018 07:49

DM,

I agree with all that.

And yet fear that we might have a date with destiny at 2p before we get there...

Ever the optimist I retain a full holding. If only I had sold some earlier in the year and re-purchased. Still, its a great opportunity for newbies.

G.

[isa2020] 28/9/2018 12:11

All aboard, AEGplc train is about to depart

[jailbird] 28/9/2018 08:13

So flagship project in Utah is now being relocated

Commercialisation

The CoalSwitch(TM) technology has attracted significant direct interest from several potential partners and customers. The potential customers range from forestry operations to utilities, predominantly in North America and Europe.

Active Energy is currently reviewing options to relocate its five-tonne-per-hour CoalSwitch(TM) plant, which began operations in February 2018, to a new site in order to take full advantage of new business opportunities. As a result, current operations at the Utah site have been curtailed pending the plant relocation which is expected to be in Q4 2018.

In addition, Active Energy has received numerous requests for commercial samples and materials for test burning from utilities, power generators and forestry companies, once again, illustrating the industry's strong interest for our CoalSwitch(TM) product.

To support the roll out of future CoalSwitch(TM) plants, the Company is in discussions with global engineering procurement and construction contractors to ensure that the plants are constructed in the most efficient, and scalable manner. These partners are already involved in prospective transactions which Active Energy currently has under negotiation.

[jailbird] 28/9/2018 07:59

This update is June end 2018...so 3 months progress since then..should expect another update soon.

Plenty irons in the fire here

[isa2020] 28/9/2018 07:54

Even if it doesn't happy, next week. There's still PeatSwitch and Superfuel,

[drmaccers] 28/9/2018 07:46

Nice update. Cash and resources for 12 months. NF deal next week ?

[isa2020] 27/9/2018 08:02

Over 1,000,000,000 shares, it drops on a trade of 6k