Simec Atlantis Energy Share Discussion Threads

[cascadestrader] 21/6/2020 16:53

What are people’s thoughts regarding GFG Alliance’s plans to IPO it’s subsidiaries?

[bmd90] 20/6/2020 05:14

Apologies if posted elsewhere - is there a breakdown of key shareholders available anywhere? Looking to dip my toe in but just wanted to see how much skin in the game mgmt beforehand! TIA

[clabburn] 19/6/2020 20:28

Yes N+P are crucial. They need to be able to deliver for this to work and supplying this quantity of fuel is a step change for them too. That's why the announcement about their pilot line being up and running was perhaps bigger than it sounded at the time. In actual fact was a key risk successfully negotiated. Having mitsubishi develop the burner is a good thing as well. The key detail of the Uksmouth model is that it runs on big standard kit. In theory no concversion work needed if the plant is modern. Uskmouth was built decades ago so needs a new combustion system to meet emissions directives.

[barts] 19/6/2020 19:06

Bishfund, is that like Mitsubishi supply the car but don't manufacture the battery amongst other parts?

[bishfund] 19/6/2020 19:02

Thanks Clabburn, thats how i saw it but womdered if i was missing a detail somewhere. Fully agree that even the one power station will be transformational and the potential number of plants out there is great news but its a shame they couldnt have agreed exclusivity or a slice on N+P as part of the deal.

[clabburn] 19/6/2020 18:34

In a word they cant. Simec have a JV set up with the fuel producers (N+P Group) to potentially scale the business up but no exclusivity as far as I recall so need to keep things in proportion. That said, converting just one power station will totally transform their business and turn the company from a plucky start-up to one of the leading IPPs in the UK.

[bishfund] 19/6/2020 16:36

Can somebody please set me straight on this? If Simec dont own the fuel pellet design / producer and the combustion system is produced by Mitsubishi. How can Simec monopolise on this and stop the future plant owners from doing this conversion themselves?

[x54v] 19/6/2020 12:15

"Another big announcement will be the results of the "burns tests" which will validate that the fuel works on an industrial scale. The trials are being conducted at the Mitsubishi headquarters in Nagasaki and will prove that it is possible to produce alternative fuels in a relatively traditional combustion system.

The implications of that will be really significant. If you think about the fact that pretty much every government in the world is legislating on retiring coal at the moment – which will result in a significant loss of baseload power – a lot of countries will therefore need to think about this.

This technology can be used in many different coal-fired power plants and will address the issue of non-recyclable waste in a very sustainable way. A lot of big utilities, governments and assets owners will therefore be looking to these results."

[x54v] 18/6/2020 08:24

Delayed large trade from yesterday at 3:55pm - 2,898,995 @ 9.25 - explains the recent drop. Could have been the last of APMS. Much easier to move up without an overhang.

Price certainly reacting so far to buying this morning and ticking up.

[jpuff] 17/6/2020 21:19

I guess combusting waste plastic providing emission standards are met is ok but will up against a fledgling company like Powerhouse Energy (PHE) which is proposing (and has developed) a gasification system for producing hydrogen (in fashion) via syngas. There maybe some overlap here, I'm not sure. Given PHE's share price rising from 0.25p to 4p other day, the market seems to prefer this technology perhaps? For the record I don't own any PHE shares but am feeling that I backed the wrong horse.

[x54v] 17/6/2020 16:26

Myles McNulty has a couple of interesting threads on Twitter highlighting the potential scope here in the next few years if things go to plan. He's worth listening to esp. since he bought 1% of AVCT recently at an average of 21p.

[x54v] 17/6/2020 16:20

An illiquid share and APMS have decided to sell into the recent liquidity for whatever reason:



They're now under 3% and the continued pullback suggests they've not yet fully exited. No big prints so something going on behind the scenes that delayed prints will reveal in time.


The recent volume is the highest consistent volume in years, so the greatly increased interest could be the start of something more:

[clabburn] 17/6/2020 15:35

You are not wrong! I have lost track of the number of times this has happened. Looks like the rise was in anticipation of big news which didnt materialise and traders will probably have made a good return on a stock going from 7p to 15p and back again in 10 days.

[jpuff] 17/6/2020 15:10

First glimmer of hope in ages a week ago now back to the normal depression! What a dog of a share this has turned into.

[x54v] 16/6/2020 11:59

"So the implications are quite mind boggling..."

- from 15:32

[clabburn] 16/6/2020 09:27

All these things are true but only IF they have a route to market. At the moment this is far from guaranteed. The proposed changes to the CfD structure are encouraging and the project in Alderney will probably come off (same hopefully for the next phase of Meygen) but the market seems stubbornly sceptical and not yet placing any value on them. For 2020 Uskmouth is the only real catalyst I can see. A good outcome with the CfD reform might also give the share price a boost but until we get a contract win (results will be released sept 2021) Im not sure it will be enough on its own. Im also looking for progress with the sub-sea hub and new 2MW turbine (which were originally promised for last year) and should go into the water in the not too distant future as part of a reconfiguration to the first phase of Meygen replacing the 3 Andritz turbines currently being used. Lots to be positive about with this company but still plenty of road to travel before they mature into the billion pound company I think they have the potential to become. If either the tidal or thermal business takes off as we hope I see them transitioning to a company on the same sort of scale and valuation as Drax (a FTSE 250 company) within 5 years or so.

[x54v] 16/6/2020 08:07

There's certainly been a lot of momentum in the renewable energy sector recently - PHE, EQT, VLS, ITM, VDTK and CWR particularly notable.

SAE has a bit of catching up to do. Judging by the recent short term move up, the price can move quickly when it gets going. More to come in the near future hopefully. Fuel testing results could be the catalyst.

[hyper al] 13/6/2020 11:58

Good news for renewables.

Things are changing! Green Hydrogen.

Would like to see a lot more going into tidal as well.

"Scotland unlocks £62m fund to support North Sea energy transition
By Andrew Fawthrop 12 Jun 2020 "


Hydrogen is going to replace oil and gas.


Explains the big rises in some Hydrogen based stocks like ITM, PHE, PPS, AFC etc

[someuwin] 08/6/2020 07:03

...Very interesting