Simec Atlantis Energy Share Discussion Threads

[truant2tb1] 08/7/2022 12:50

I'm already in profit on my shortAs JakNife says this is a train wreck. Any placing would have to be at 1p maximum i suspect

[ne1sinvestor] 08/7/2022 12:24

Clabburn - 11 mill for Bess in first 18 months depending on milestones

[deltalo] 08/7/2022 11:52

I did say It'll double last week from 1.1p and it passed that. TRAF is on the move now and a sub 1m mkcap then it could multi-bag many time's. News is in the waiting.Dyor and Atb.

[genierub] 08/7/2022 08:28

Time to get into OSI as the same guys who pumped SAE yesterday are all over OSI today. In it t win it and all that.

45% up and in auction!

[dealer55] 08/7/2022 08:11

No need to be underhand. You are buying now.

[tidy 2] 08/7/2022 08:08

Lumberjacks in town today.

[repins1] 07/7/2022 21:52

Typical cracking day cracking rns and the dribble surfaces and they come from under their rocks, so predictable, comedy value

[jotoha2] 07/7/2022 21:50

Jak , sorry to see you miss the 90% plus rise , never mind lots of opportunity yet to come, enjoy.

[dealer55] 07/7/2022 19:50

A share does well and the usual bb skanks arrive.

[clabburn] 07/7/2022 18:48

Cash is definitely king for the next 12 months. The normal course of events for project developers would be to sell a stake of the project at this stage to free up capital to be recycled into the business. I wouldn't mind us taking that approach as long as they negotiate fair value for the world's most advanced tidal site with a 400mw grid connection. The uskmouth battery should help too but hard to say when without us knowing details of the deal or what the milestones are for payment. My guess is that they receive first tranche of cash if they secure planning consent which could take 8-12 months. An equity raise also shouldn't surprise anyone if it comes. The difference this time would be for the next phase of a world leading project rather than death rattle funding to stave off bankruptcy. The key thing is that the board now have options. Last autumn I wasn't sure we would reach this point. The management deserve credit for this and should take some time to savour the moment! Still a long way to go of course.

[noiseboy] 07/7/2022 18:36

It's always been named that, Simec own 85% of Meygen PLC

[gbjbaanb] 07/7/2022 18:34

£66m is long term liabilities, £13m short term. The debt you need to worry about is that 13m, and it's not just deferred but they now have funding from government and the cfd too. They'll now be able to run for a fair old while before asking for cash, if at all. So enjoy the bounce for a little while, SAE investors deserve some good luck for a change.

[dealer55] 07/7/2022 17:54

Zak is never right. Ever. 4p tomorrow

[zen12] 07/7/2022 17:52

4p target for end of month - today @ 16:55 Zak Mir...

[zen12] 07/7/2022 17:48

You can paste what you like, but it should be a bit embarrassing for you when you were citing placing when share price was 1.7p.....well now it's 2.5p so I rest my case lol

[tomboyb] 07/7/2022 17:37

JakNife -

48.8million is a figment of the imagination as some believe -

Zen127 Jul '22 - 09:38 - 2494 of 2494
0 0 0
Lol why you want to raise…when you’ve secured funding. Hilarious!

As exemplified. Some investors you cannot help -

[dealer55] 07/7/2022 16:41

Nope I’ve held for tomorrow. Easier.

[dealer55] 07/7/2022 16:32

Those that missed out can buy early on the inevitable drop for another 100% tomorrow

[ne1sinvestor] 07/7/2022 15:46

@babbler … 30p by mid 24 … see you there