Atlantis Share Discussion Threads

[mach100] 20/4/2016 08:32

Ouch didn't see that one coming. Nor did the board with the share price at 69p. Still I suppose it removes some funding uncertainty and we can set sail from here.

[runwaypaul] 20/4/2016 07:36

La Pumpe

et

Le Dump.

[soupdragon55] 20/4/2016 07:31

Placing at 55p

[mach100] 19/4/2016 20:09

Should be plenty more to come. The recent news has been transformational and significantly derisked the investment. I shall be buying more on the way up.

[battlebus2] 19/4/2016 13:06

Yes it's been a great run, thanks again to GHF for mentioning them.

[soupdragon55] 19/4/2016 12:48

Nice movement over the past couple of days.

[glasshalfull] 12/4/2016 12:23

Mach 100 - The Investor Champion update in post 66 confirmed the inherent value of TPSL with yesterday's news underlining this.

Following the Equitix & DWE contracts, Peel Hunt suggest material upside,

"... the new partners bring valuable supply chain, project development and access to finance, as well as the £2m cash. They enhance Atlantis' credibility with the UK and Scottish Governments, as well as other potential supply chain partners and financiers, and further cement its position as the leader in this emerging industry. Our TP moves to 140p, with upside beyond - If just the first 100MW of MeyGen's planned 400MW is built under the proposed CfD regime, it would alone be worth 260p to Atlantis per share we estimate."

Regards,
GHF

[soupdragon55] 12/4/2016 11:30

Atlantis Resources Ltd's PT raised by Peel Hunt to GBX 140. buy rating.

[cockerhoop] 12/4/2016 09:19

ARL owns 92% of TPSL

This follows TPSL's agreement with ScottishPower Renewables (UK) Limited ("SPR") in December 2015 to acquire the 10MW Sound of Islay project and 100MW Ness of Duncansby project in exchange for a 6% shareholding in TPSL. Following the completion of the DEME and SPR transactions, Atlantis will retain a 92% stake in TPSL.

[soupdragon55] 12/4/2016 09:15

And ARL owns 94% of TPSL.



The consideration payable for the projects, which the Company values at GBP6.6 million, is 3,859,703 shares in TPSL, which equates to 6% of the issued share capital. Atlantis owns the remaining 94% of TPSL.

[ianbrewster] 12/4/2016 08:56

Worth noting that it is a 2% share in Tidal Power Scotland Limited, not ARL

[battlebus2] 11/4/2016 22:51

One of the shares on the boards the herd haven't noticed yet, expect a rush around a £1 :))

[mach100] 11/4/2016 22:47

I am surprised there are no comments on today's RNS. 2 Million pound investment for a 2% stake when ARL's MCAP is only c.£59m shows to me on this deal alone the company is about 40% undervalued at least. Tomorrow's trading should be interesting to see if the market has caught on.

[proactivest] 04/4/2016 15:32

Video interview with Tim Cornelius



Tidal power specialist Atlantis Resources PLC (LON:ARL) is to work with infrastructure investment group Equitix to develop its portfolio.
Under the agreement, funds managed by Equitix will acquire at least 25% of each Atlantis project at financial close.
Tim Cornelius, chief executive, tell Proactive “having a fund the size and the prestige of Equitix coming alongside to invest in each of our projects really transforms the industry from R&D to full-scale commercial roll-out”.

[glasshalfull] 04/4/2016 13:14

Thanks investorchampion.

Also worth flagging the positive announcement last week supporting the renewable sector.

European Investment Bank funds £500m investment in Highlands grid connector for Scottish renewable energy exports



The European Investment Bank has put in £500 million to fund a new Caithness-Moray link which will improve connections between Scottish wind, wave and tidal renewable energy schemes and the national grid.

The new power link will help secure the supply of electricity in the Highlands and beyond for generations to come and once operational the new transmission link will supply equivalent electricity to meet the needs of around two million residents.

is the largest investment in the electricity network in the north of Scotland for 60 years and includes a new 1200 megawatt subsea cable between Spittal in Caithness and Blackhillock in Moray.

The laying of the subsea cable and associated onshore infrastructure works are expected to support 600 jobs during the construction phase and boost SSE’s apprentice, trainee engineer and graduate programmes.

The European Investment Bank loan will support nearly £1.2 billion of overall investment in the electricity transmission network in the north of Scotland by SSE subsidiary Scottish Hydro.

Jonathan Taylor, Vice-President, European Investment Bank, said: “Investment in energy infrastructure across the UK is essential to harness the full potential of new and future renewable energy schemes

“This investment will ensure more efficient transmission of green energy, enable increased use of renewable power in Scotland and secure energy supply to the Highlands and Scotland’s cities.”

A spokesman for Scottish Hydro added: “This project represents the largest investment in electricity network in the north of Scotland since the post-war hydro development era of the 1950s and we are proud to be part of it.”

---

Regards,
GHF

[cockerhoop] 04/4/2016 10:17

Ft Comment



Final paragraph encouraging

'Costs for offshore tidal development have fallen sharply amid the downturn in Scotland’s oil sector, which means vessels and trained workers are much easier to source at a lower price.'

[extrader] 04/4/2016 09:20

Hi all,

From today's RNS

"Atlantis... has entered into a partnership agreement with Equitix, a market leading developer, investor and fund manager of infrastructure assets with over GBP1.7 billion of funds under management.

...Atlantis and Equitix will work together to advance Atlantis's portfolio of tidal power projects in Scotland, which represent a combined potential capacity of almost 650MW. Equitix,... intends to acquire at least 25% of each Atlantis project vehicle at financial close of that project, and will work with Atlantis to prepare the projects for investment of the construction capital and achievement of financial close.

In the next two years alone Atlantis anticipates committed capital investment of almost GBP500 million for construction of the Company's Scottish portfolio, from a combination of debt, equity and grants. This includes GBP51 million already committed for the current construction of the first phase of the MeyGen project, which is scheduled to produce first power this year.

Tim Cornelius, CEO of Atlantis, commented:

"This agreement with Equitix, a leading infrastructure investment specialist, is an important step for us in engaging a partner with both vital experience of large infrastructure projects and access to extensive capital, coupled with a desire to work with us to accelerate the further development of the UK's tidal power industry. We are very excited to be working with Equitix on a range of fronts."

Nick Parker, COO and Founding Director of Equitix, commented:

"We are delighted to be entering into this partnership agreement with Atlantis, the clear market leader in the tidal energy industry which secures access to a pipeline of primary investment opportunities and has tremendous growth
potential in the UK."

So far, so good, it would seem.

ATB

[stepone68] 18/12/2015 11:25

Investor's champion - if you're trying to make a serious investment case you might want to avoid using the word 'brilliant'. It just sounds like I'm reading a school-child's essay or watching a fast show sketch. In any case, even if it is brilliant, doesn't mean it's worth anything.

Sorry to sound so grumpy :-)

StepOne

[johnscalvert] 18/12/2015 11:08

Just bought some of these after reading Investors Champion article. Interestingly, spread was 32 - 35p and I paid just under 33p, but ADVFN thinks my purchase is a sale as the price paid is nearer to the bid price than the asking price. Can't always believe the data.

[stepone68] 19/10/2015 10:48

None on the MeyGen project - tariffs for that are already agreed.

[timmoore09] 18/10/2015 22:57

What affect do you all think the government's planned subsidy cuts will have on Atlantis?