Simec Atlantis Energy Share Discussion Threads

[jotoha2] 29/11/2021 16:58

Good day all round , great opportunity for at least 5p stage one.

[dave4545] 29/11/2021 16:23

Don't you just love overhangs.

And when they clear...

[volsung] 29/11/2021 16:20

Glad I bought a few for 1.42 ten days ago

[shrout] 29/11/2021 16:04

A primer in the tidal industry here for those (like me) who are invested but don't actually know much about it..

[heatseek77] 29/11/2021 12:51

Gbjbaanb yep the sad robot is messed up and often talks to his multiple aliases what a weirdo

[our haven] 29/11/2021 11:47

Do we think that the Welsh government will make a decision next year? If it is negative, that's already in the price, but if it was positive......

[gbjbaanb] 29/11/2021 11:22

Where's bad robot and his crew? Sold out at a loss after his strop the ramping didn't work as quickly as he wanted?

[skinny] 29/11/2021 10:40

.

Appointment of Executive and Non-Executive Directors

SAE is pleased to announce that Mr Andrew Dagley has been appointed as a Non-Executive Director of the Company. Mr Dagley previously served on the Board in an executive capacity as the Group Chief Financial Officer.

The Company is also pleased to announce that Mr Andrew Charters has been appointed as an Executive Director of the Company and will serve as the Group Chief Financial Officer. Mr Charters is a Chartered Accountant with 25 years of experience at a senior level within a diverse range of organisations including the University of Glasgow, The Scottish Football Association and CMS Group.

The Board looks forward to working with both Mr Dagley and Mr Charters and having their extensive experience and expertise contribute to the Company's ongoing success.

AIM Rules Schedule 2G:


Full Name and Age Andrew David Charters, Age
48
Previous Directorships in the Hampden Park Limited
last 5 years Enable Scotland (Leading the
Way)
Enable Scotland
Scottish Football Partnership
Allander Bidco Limited
Allander Topco Limited
CMS Enviro Systems Limited
-------------------------------

There are no further relevant disclosures under Schedule 2G of the AIM rules.

[david gruen] 29/11/2021 10:11

The future of one of the most innovative renewable energy companies on the planet is all but secure now. Easy long term investment from today's 'going bust' valuation.

[clabburn] 29/11/2021 09:52

Im starting to feel increasingly comfortable taking a punt here. Even if they do end up restructuring at some stage, the enterprise value in Meygen alone makes the current market cap grossly undervalued in my view.

[skinny] 29/11/2021 09:44

My first stab at these was @26.25p, AV now 5.03p - so a return to double figures and more would be very welcome.

[david gruen] 29/11/2021 09:20

Close the gap to 4.5p first, but the Gov's commitment to this project should take us back to 30p in the near term.

[jotoha2] 29/11/2021 09:17

Now we have confirmation of being involved in CFD then a quick ride up to 5p should be on the cards .

[mdchand] 26/11/2021 20:25

Appendix 1 – Administrative Strike Prices (£/MWh in 2012 prices)

Tidal stream - - 211 211
Wave - - 258 258

[mdchand] 26/11/2021 19:53

Debate in parliament last night regarding this £20m and the how the govt reached its decision. Worth reading to get an impression of what the govt is thinking and possibly what might happen moving forwards. SNP leader (Ian Blackford) is all over this btw so we do have political pressure on our side.

[clabburn] 26/11/2021 16:40

That's a decent assessment from mdchand. A Cfd now looks odds on with this new ring fenced money and the Meygen project is too strategically valuable for Scotland and the tidal industry as a whole for it to fall by the wayside. That alone makes the current market cap look ridiculous. The debt is definitely an issue but with a Cfd in the bag, there will be a re-rating in Meygen's enterprise value and they can afford to sell off a chunk of it to infrasture investors or partners like Nova. It will also fundamentally change the narrative around the company and probably allow them to raise fresh equity on the markets and refinance the debt. Still walking a tightrope but I have fresh hope that I might get some of my money back from this one...

Progress of any kind on the waste to energy stuff will also have an immediate impact but that looks increasingly unlikely to go anywhere in my opinion. It looks like it could be a solution in south east Europe or parts of Asia but hard to imagine a commpany the size of SAE suddenly becoming a global developer. They would need to convert the power station, set up a pellet production facility and build up supply networks with municipalities and local waste management compannies. Its hard enough to do that in the UK or Europe, let alone far flung corners of the developing world.

[dave4545] 26/11/2021 16:00

500k max 1.49p

lowest for a while so seller is certainly clearing

[david gruen] 26/11/2021 15:54

Great work guys. Good luck to all of those who kept the faith.

[jotoha2] 26/11/2021 15:52

And we have a nice hammer head formation today , classic.

[jotoha2] 26/11/2021 15:51

Well it's up to the company now , new contracts , sorting out Uskmouth and yes 30p will come back very quickly .

[david gruen] 26/11/2021 14:50

I'm calling the bottom. Don't be surprised to see 30p + over the next few months.

Close the gap to 4.5p is my first target.

[volsung] 26/11/2021 14:35

The tidal stuff is why I’m here so I’m glad to see the RNS