Scirocco Energy Share Discussion Threads

[barony] 09/2/2023 12:33

What multiplier of revenue should we have, 10x, or higher? Certainly not 5x, and certainly not when our cash in-hand and due are way more.

[barony] 07/2/2023 10:43

I watched the event on Line and I think our boy did quite well. The story did sound good, but we need to get more info about activity and revenue out and keep it coming. We should appeal to a bigger company which wants to see a steady income from renewables.

[barony] 03/2/2023 12:14

Aex seems to be moving steadily upwards. Surely that means our deal with apt is moving closer to completion, so our share price should be rising too?

[barony] 27/1/2023 12:41

The one2one doesn’t seem to have engendered much interest. Pity, but not surprising given how wordy the presentation is. Why use one word when you can use four? Must have had lessons from John Swinney.

[tomboyb] 16/1/2023 21:04

Presentation on 26th -

Maybe worth a visit then -

Biogas is big. Scir unrisked valued at 1p per share against a share backdrop of 20% of that -

[manual dexterity] 16/1/2023 15:55

Proactive presentation on the 26th of this month

[tomboyb] 13/1/2023 10:59

hxxps://www.bioenergy-news.com/news/totalenergies-commissions-frances-largest-biogas-plant/

Yesterday Total moving big into biogas -

[tomboyb] 03/1/2023 08:14

Blackout fears soar as EDF warns it may have to shut down two nuclear plants in the UK
The new tax on low-carbon power producers will make it far more difficult to keep the ageing Heysham 1 and Hartlepool plants open for as long as had been hoped, according to EDF.

Big moves into alternative energy for the next few years -

Energy top of the list requirement -

[tomboyb] 30/12/2022 12:06

Oil giant BP has completed the purchase of renewable natural gas (RNG) provider Archaea Energy for almost £3bn.

The purchase of the Texas-based firm will help to expand its presence in the US biogas industry, accelerating its bid to decarbintion.

It has been agreed for $3.3 billion (£2.7bn) in cash, as well as around $800 (662m) of net debt2.


Archaea currently operates 50 RNG and landfill gas-to-energy sites, producing over 6,000 barrels of fuel a day. The deal would help to provide a 50 per cent increase to BP’s biogas production ability.

Bernard Looney, bp chief executive, said: “Archaea is a fantastic fast-growing business, and bp will add distinctive value through our trading business and customer reach.



“It will accelerate our key bioenergy growth engine, creating a real leader in the biogas sector, and support our net zero ambition. And, importantly, we’re doing this while remaining focused on the disciplined execution of our financial frame. Investing with discipline into the energy transition, creating further value through integration – this is exactly what bp’s transformation into an integrated energy company is all about.”

CEO of Archaea Energy, Nick Stork, said it “has become one of the largest and fastest growing RNG platforms in the US and today’s announcement will further enable this business to realise its full potential. bp is a world-class partner with an operational history in the RNG value chain that is fully aligned with ours and our partners’, and I look forward to our hard-working team joining the bp organization to help achieve their bioenergy goals.”

READ MORE

Govt launches £18m TV ads encouraging Brits to save energy

[tomboyb] 30/12/2022 10:53

Biogas demand set to increase significantly next year with asset take up -

[tomboyb] 29/12/2022 10:34

hxxps://www.msn.com/en-us/money/markets/oil-giant-bp-completes-27bn-purchase-of-us-renewable-energy-firm-archaea/ar-AA15Kfp4

Oil giant BP completes £2.7bn purchase of US renewable energy firm Archaea
Story by Jack Mendel • Yesterday 3:56 PM

Big moves into Biogas -

[tomboyb] 22/12/2022 14:00

This is another that will have a significant cash pile -

[manual dexterity] 20/12/2022 12:35

The biogas/biomethane industry is now one of the promising segments of the Energy Transition: security of supply, renewables sources, local jobs, round the clock dispatchability;

Biogas is the future so scirocco is in the right area at the right time. Spotify interview well worth listening too.

On holiday at the moment so have a good one.

[manual dexterity] 12/12/2022 11:44

A deal this week from Shell to buy Europe’s biggest biogas producer is the latest sign this big trend has plenty of legs. Our columnist runs through the exposure he has to the sector.

SCIR unrisked value is a minimum of 1p per share. So there is legs here and more significantly in this sector.

[barony] 09/12/2022 14:27

Agreed MD. Now looking significantly undervalued in my ho. Need to see accounts published possibly before share price will reflect. Could be mgt. costs too high.

[manual dexterity] 08/12/2022 07:32

No more dilution for SCIR.

From the Presentation.

Looking at implied value per share of existing assets:
• The unrisked value of the Ruvuma consideration of $16 million
equates to 1.5 p/share
• The risked value of the Ruvuma contingent payments of £9.2
million equates to 1.0 p/share
• Scirocco’s ownership position in EAG represents significant value in
excess of invested cost – estimated at £3.1 million which equates to
c. 0.4 p/share
• Further investment in EAG – for example by reinvestment of
Ruvuma contingent payments in due course - will grow asset base
and net value further.

[manual dexterity] 07/12/2022 16:25

Presentation out.

Implied value of EAG is 0.4p alone.

[manual dexterity] 07/12/2022 09:10

Scirocco Energy says biogas joint venture in talks over new acquisition
Currently, the portfolio comprises Greenan Generation (GGL) and its 0.5 MWe Anaerobic Digestion (AD) plant in Northern Ireland.

Looking to build £100million company for SCIR investment EAG.