Plutus Powergen Share Discussion Threads

[bishopawn] 24/7/2018 19:10

All the above taken from the Company Website, under the heading of STRATEGY.

[bishopawn] 24/7/2018 19:10

Gas-powered energy generation sites

Plutus PowerGen is focused on diversifying its project portfolio. Central to this strategy is the identification of alternate fuel sources with a lower carbon-footprint, which can provide the company with an additional revenue stream. In partnership with a specialist UK-based energy company, Plutus PowerGen is expanding its power supply capabilities into gas, with plans to construct a number of 20MW gas powered sites, which could supply flexible on-demand power to the UK grid. The Company currently has several sites under review and several in the planning stages.

[bishopawn] 24/7/2018 19:07

SolarFlex sites (co-located solar and biofuel generator facilities)

A key pillar of Plutus PowerGen’s strategy is to establish SolarFlex facilities, where its generators are co-located, and share grid connections, with solar farms. Its partnership with Reliance Energy Limited, and advanced talks with several solar farm operators, demonstrate both the technical feasibility of the strategy and the existence of willing counterparties.

A compelling characteristic of SolarFlex facilities is that Plutus PowerGen’s generators use the connection when not required by the solar farm, hence the technologies are highly complementary and allow more efficient utilisation of connections.

By providing an additional return to the solar farm through the strategic cooperation, Plutus PowerGen is helping to accelerate the development of solar farms without subsidy. This SolarFlex model gives us a rich seam of sites in the pipeline where connection to the Grid already exists.

Partnerships with renewable energy providers will enable Plutus PowerGen to pilot the installation of storage assets on these sites to evaluate the real-life performance and commercial viability of mixing firm, exhaustible and intermittent technologies on a single connection. Assessment of these assets’ real-world performance should allow Plutus PowerGen and its partners to attract mainstream investment thereby allowing SolarFlex sites to become an attractive reliable alternative to fossil fuel-based power stations.

[bishopawn] 24/7/2018 19:05

Standalone FlexGen sites (renewable-fuel powered generator facilities)

The Company envisages that its initial portfolio will be comprised of nine Rockpool-funded investee company sites and four majority owned (non-EIS) Plutus PowerGen sites. In November 2016, the Company commissioned its first 20MW standalone flexgen site, and has since commissioned a further five sites.

The Company also continues to pursue its non-dilutive investment model by holding majority stakes (typically 80%) in non-EIS funded, standalone green fuel generation sites.

With this in mind the Company agreed an indicative partnership with a Big Six utility company to fund 20% of future renewable fuel and gas powered projects.

[bishopawn] 24/7/2018 19:02

A placing has been categorically ruled out as this would be dilution and that has been rejected in the past and in the present. Someone trailing troll misinformation about a placing had better beware of being cast into the outer darkness once again.
My finger is trigger happy at the minute and patience is not one of my strong points.

[bishopawn] 24/7/2018 18:57

The link above for the Plymouth Council and crowdfunding initiative. Plutus has given a considerable slice of the £40,000 successfully raised for the community. Should hold us in good stead if we need a site in the area for Gas Generation.

[1savvyinvestor] 24/7/2018 18:25

monty ; lilah is not interested in asking Tatnall. I challenge him to ask that question directly - [e-mail]

[maybesum] 24/7/2018 17:42

If existing diesel sites considerably devalued, asset finance considerably more difficult to raise,which is why we are where we are. As for a curved ball,.I think we might get one of those...in the shape of a placing.

[montynj] 24/7/2018 17:23

Also merchant sales are 2000 hours instead of 150 hours per year

[montynj] 24/7/2018 17:21

Lilah1 seriously why don't u email Charles Tatnall yourself

[rhug1966] 24/7/2018 17:08

There's no need to ask them, it's obvious. Diesel is no longer viable going forward with the wind down of Triad and Bishop has alluded to the re-focus of the BOD on gas. I don't think we'll see the other 3 diesel sites being finished. This leaves the existing diesel sites considerably de-valued IMO.

[marvin9] 24/7/2018 16:57

Many thanks BM, you put it in a way I could never do.

If I see a pig in a trough I will say its a pig in a trough.

SavyBishop makes it out to be a high class meal at a top restaurant, when its nothing more than a dodgy curry made up from last weeks left overs.


The part time freeloading CEO needs to go due to gross arrogant, clueless, nobheadness!

[bishopawn] 24/7/2018 16:37

Gas generation much more profitable because of merchant sales; for the novice that means many more hours of continuous generation of electricity per annum, and therefore a copious and more profitable revenue stream. Details will be RNS'ed in due course with what I expect to include a curved ball of surprising new developments/partnerships that will go a long way in explaining the protracted negotiations.Imo.Dyor.

[lilah1] 24/7/2018 16:25

So why doesn't someone ask the board of Directors that same question:

"Why would anyone pay 10 million for a diesel site that generates 440k a year" Its a fair question

[maybesum] 24/7/2018 16:09

As rhugg says ...why would anyone pay 10 million for a diesel site that generates 440k a year. Lots of things do not add up and investors are not silly that is why they have left in their droves.

[bishopawn] 24/7/2018 14:22

Twitter message from Plutus on 20th July: they have donated £8250 to community crowd funding for the Ernsettle area of Plymouth the area where our first site was commissioned. Good community relations and perhaps a sign of company confidence going forward.

[isa2020] 24/7/2018 08:00

Every morning for PPG shows as +6% just before opening - what that about

[rhug1966] 23/7/2018 22:21

Why would anyone pay £10m for a diesel site that generates £440k profit a year ? That doesn’t add up. It would take 20 years to get your money back. Something not quite right here.

[bishopawn] 23/7/2018 22:05

RNS will do the talking early in the morning one day soon. Set your alarm clock.Lol.

[pbanus] 23/7/2018 21:45

well said bmcb5. I think we all know who savvy and bishop are...they're in the nightclub and it's just about to close...at five to two anything'll do.

[bmcb5] 23/7/2018 21:45

Marvellous Marvin. Mind if i join you?

I'm not here to just slag off the company. I'll try to add some insight along the way :-)

And if they do ever agree a deal, I'll provide you with a reasoned and balanced analysis, rather than the guff that is likely to happen next door.

I'll just leave this here for now
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Bishopawn

1) If your cherished management team has sat watching the share price fall >50% in 7 months, while having lots of offers on the table, because they're spoilt for choice, then as a shareholder you should be up in arms, not defending them. That would demonstrate the argument that they are not leaders.

2) Banks are going to be as wary as anybody post Brexit, and certainly won't relax their lending criteria. Many banks were badly burned in the last power industry downturn, and this has made them more wary of the risks involved. Like it or not, Triad was the trump card and was the main attraction. In its absence, the lending risk is significantly higher. I mentioned previously that borrowing money shouldn't be a huge issue - the issue is the price they have to pay to do so.

3)There are no new revenue streams, other than those which existed 2 years ago. PPG may now be more interested in some of them, but that is just because the hot bird with the mini skirt has now left the disco. They are in danger of going home alone, and are beginning to wander around, glancing at the fat bird in the corner.

4)Your assertion that anybody who isn't invested here has a myopic approach and has failed to identify an excellent opportunity, is unsound, ramping, and offensive. I've never found you easy to have a discussion with, but i've ignored it because others on here have been reasonable. Now you bulls have all started to become offensive and aggressive, i think i'll leave you to it.

Good luck with your investment

[bmcb5] 23/7/2018 21:39

Bishopawn

1) If your cherished management team has sat watching the share price fall >50% in 7 months, while having lots of offers on the table, because they're spoilt for choice, then as a shareholder you should be up in arms, not defending them. That would demonstrate the argument that they are not leaders.

2) Banks are going to be as wary as anybody post Brexit, and certainly won't relax their lending criteria. Many banks were badly burned in the last power industry downturn, and this has made them more wary of the risks involved. Like it or not, Triad was the trump card and was the main attraction. In its absence, the lending risk is significantly higher. I mentioned previously that borrowing money shouldn't be a huge issue - the issue is the price they have to pay to do so.

3)There are no new revenue streams, other than those which existed 2 years ago. PPG may now be more interested in some of them, but that is just because the hot bird with the mini skirt has now left the disco. They are in danger of going home alone, and are beginning to wander around, glancing at the fat bird in the corner.

4)Your assertion that anybody who isn't invested here has a myopic approach and has failed to identify an excellent opportunity, is unsound, ramping, and offensive. I've never found you easy to have a discussion with, but i've ignored it because others on here have been reasonable. Now you bulls have all started to become offensive and aggressive, i think i'll leave you to it.

Good luck with your investment

[pbanus] 23/7/2018 18:17

Bishop makes it sound like a ponzi scheme - will taking on £125M of debt really have that effect......ummmmm sounds like Carillion.

[pbanus] 23/7/2018 18:07

sounds like nw99 has been on mushrooms