Simec Atlantis Energy Share Discussion Threads

[mach100] 03/7/2020 18:02

Quickly! Loan the company 2.78m interest free and we should hit the 100m and get the insti's in.

[walter walcarpets] 03/7/2020 15:04

So once the MCap creeps above £100m, insti's will be looking at SAE again. Interesting times ahead.

[clabburn] 03/7/2020 07:35

Exactly. A couple of years ago it was trading in the 30-40p range. Back then tidal prospects looked bleak and Uskmouth was a long way off and far from guaranteed. Huge progress since then on all fronts. This is the key thing for me. It's still materially undervalued based purely on their existing assets. That's a big difference with stocks like Ceres or ITM where the valuation is pricing in several years of huge growth that may or may not come to pass.

[gooner1886] 03/7/2020 07:18

What a week weve had

[someuwin] 03/7/2020 07:13

Not even back up to float price yet.

[walter walcarpets] 03/7/2020 07:08

Looking that way in short order too, Clabburn

[clabburn] 02/7/2020 19:58

It should go way higher than 32p.

[gbjbaanb] 02/7/2020 17:14

32p say the technical chartist tealeaf readers.

I'm holding 😁

[x54v] 02/7/2020 14:52

"This is a fantastic report on MeyGen Phase 1A from @Black_Veatch"

[blueball] 02/7/2020 14:36

Buy for the golden cross.

[5070481] 02/7/2020 07:28

Is there anywhere where they detail their planned profit structure from licensing this technology? Obviously the numbers they have quoted for their own coal fire power station are 180 build and 30-40 profit p.a. THey are clearly not planning on buying up all the coal power stations though so it would be useful how they plan to take advantage of their 2 year exclusivity

[someuwin] 02/7/2020 07:03

Back over 20p+ soon.

[blueball] 01/7/2020 18:49

Stay long.

[clabburn] 01/7/2020 12:53

I would be amazed if the Cfd pots dont get split up. That is only the first step though - Meygen would still need to win a contract and there will be competition from ACT and floating wind, both technologies that are developing quickly. That said, I would fancy our chances. It sounds like the data centre gives them options and the infrastructure is already in place so they could probably bid quite aggressively.

[5070481] 01/7/2020 12:09

If the renewable CFD are finally split up that will also be a welcome boost to our tidal project potential

[5070481] 01/7/2020 11:33

Yep. HOpefully the market will begin to cotton on to the fact that the Chinese are going to love this and will licence the technology. DOnt quite understand how the market hasn't appreciated the potential scale of this.

[someuwin] 01/7/2020 11:32

They have multiple different green energy projects...

SIMEC Atlantis Energy @simecatlantis Jun 30

We're pleased to announce that our MeyGen tidal array has now produced 30GWh to the grid!

MeyGen has proved that #TidalEnergy is a fantastic source of #RenewableEnergy for Scotland, the UK and beyond!

[someuwin] 01/7/2020 11:15

Time to buy in imo

[x54v] 01/7/2020 10:15

Dip buyers loading up around these levels and no wonder. Game-changing news just a week ago and a chance to pick up stock on the cheap.

"The successful completion of the fuel combustion testing is a major milestone for this flagship conversion project and represents a very important step in the program towards achieving financial close."

"This project is the world's first example of a coal-fired power station being repurposed to run on 100% waste derived fuel pellets and the results of this test will potentially have material implications for the way plastic waste, and aging coal fired power stations, is managed globally in the future."

"the results of this test will potentially have material implications for the way plastic waste, and aging coal fired power stations, is managed globally in the future."

"we always believed that the successful completion of this large-scale testing will open up a huge new market globally for MHPS and Atlantis for future similar conversions."

"The testing couldn't have gone better and we are delighted that the results pave the way for this successful project and huge global, future opportunities."

[clabburn] 30/6/2020 19:47

Yes Atlantis have a similar project they can dust off if tidal lagoons come back into favour.

[wilc42] 30/6/2020 15:22

Swansea tidal energy: Hopes of backing for Dragon Island plan https://www.bbc.co.uk/news/uk-wales-53224180This must be right up our street.

[mach100] 29/6/2020 12:27

It had found an air-pocket on the way down it seems as it has risen off its low. The wave of selling earlier is probably good as we establish a new baseline to spring the share price back up from.