Simec Atlantis Energy Share Discussion Threads

[robertspc1] 15/5/2025 22:20:41

Great British Energy Bill finally passed in Parliament. So they can now get on with deploying cash into supporting projects that deliver local skilled jobs ... ie Meygen

[robertspc1] 15/5/2025 18:06:06

So AW1 hopefully nearing financial close. AW2 has a decent financial partner. Just need to get Meygen sorted and there should be a serious revaluation here

[albert arthur] 15/5/2025 14:40:10

JVhttps://www.londonstockexchange.com/news-article/SAE/sae-enters-jv-to-co-develop-aw2-battery-project/17038978

[robertspc1] 14/5/2025 18:02:42

Obviously a seller around. Must be desperate at these levels given the downside v upside risk

[robertspc1] 13/5/2025 08:17:41

I think Ed M will be very keen to get Meygen funded, ticks all his boxes and there are highly skilled Scottish jobs involved which are very valuable politically as North Sea runs down

[jotoha2] 12/5/2025 14:02:28

Also all that intended investment from GBE and still no cash to be seen , KS has clearly to much going on with World issues to bother with these small matters.

[robertspc1] 11/5/2025 12:36:56

Surely time for a Meygen update. Restructuring talks been going on for a while now

[robertspc1] 17/4/2025 08:46:54

Good to see the bidding activity in the BESS sector, HEIT taken out at NAV. Should help get the AW1 financing get done. That and Meygen restructuring would be real progress and hopefully bring a serious re rating. Not sure where 16p prediction comes from though

[jotoha2] 16/4/2025 15:11:21

Nice run up to 16p confirms they are playing for real .

[robertspc1] 16/4/2025 09:39:02

Good news today. Takes the pressure off SAE cash resources and demonstrates solid political commitment to the Uskmouth redevelopment

[robertspc1] 08/4/2025 09:17:42

First meeting of the new AI Energy Council today. Will no doubt be discussing the need for ready to go sites. Well how about Uskmouth then

[robertspc1] 30/3/2025 11:25:22

Interesting article about Microsoft and data centres in Sunday Telegraph warning about grid connections etc. Apparently they have planning for a site in Newport... well maybe they should look at Uskmouth instead

[robertspc1] 27/3/2025 08:13:31

Expect news on multiple fronts in the next few months. Hopefully Uskmouth AW1 will reach financial close, with much better revenues now flowing in BESS sector, and renewed investor interest as per HEIT sale. Meygen restructuring in progress, hopefully GBE will put in some new equity and existing debt holders convert to equity. That would remove perceived debt burden. Both events should significantly boost the shares IMHO

[robertspc1] 25/3/2025 11:02:26

Added two large chunks showing as sells

[robertspc1] 25/3/2025 07:40:51

Drax bid for HEIT demonstrates that the UK BESS sector is recovering and the silly discounts will not last long. Good news for SAE as should improve the bankability of their projects

[wheeze] 23/3/2025 22:11:20

The UK has surged ahead in the race to harness power from the oceans, with its tidal energy sector now dominating global project pipelines. htTps://www.energyglobal.com/other-renewables/19032025/eic-report-uk-emerges-as-global-leader-in-wave-and-tidal-energy/

[gepetto100] 19/3/2025 16:25:41

https://www.bbc.co.uk/news/articles/cd65px9461do

[jaknife] 18/3/2025 15:38:47

jotoha2,

As previously discussed, 16p is simply a fantasy number:



You would have more chance with:



JakNife

[jotoha2] 18/3/2025 15:31:57

Come back and we can talk at 16p , ready steady .............

[jaknife] 18/3/2025 12:44:42

wheeze,

"In case you missed it JakNife, the United Kingdom is the world leader in tidal energy, largely thanks to Simec. There is plenty of interest in the technology.

MeyGen has already delivered over 50Gwh of clean energy"


And?

None of that changes what I've written in 3603:

All of the previous investment has been wasted. It hasn't provided an adequate return on investment and hasn't generated any material levels of cash.

There is no case for "investment" in Uskmouth, it's a charity case!

JakNife

[wheeze] 18/3/2025 12:34:59

In case you missed it JakNife, the United Kingdom is the world leader in tidal energy, largely thanks to Simec. There is plenty of interest in the technology. MeyGen has already delivered over 50Gwh of clean energy