![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Simec Atlantis Energy Limited | LSE:SAE | London | Ordinary Share | SG9999011118 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.05 | 2.38% | 2.15 | 2.00 | 2.30 | 2.20 | 2.10 | 2.10 | 5,024,634 | 14:00:33 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Steam,gas,hydraulic Turbines | 7.4M | -9.65M | -0.0133 | -1.62 | 15.54M |
Date | Subject | Author | Discuss |
---|---|---|---|
28/4/2022 08:18 | Good to finally have certainly around uskmouth. I reckon had this project been in England it would have got approved but I always felt uneasy about the concept of burning plastic. Good that they have made a decision and are not going to waste time and resources appealing the decision (even though I reckon they would hae had a good chance of winning). Onwards and upwards now. A CFD contract win followed by a capital raise to refinance the abundance debt and fund the development pipeline. Things should be on track by the end of the year with a bit of luck. A huge turnaround when you think how bleak things looked last autumn. | ![]() clabburn | |
28/4/2022 07:49 | Btw, Rishi Sunak last night threatened energy companies with a windfall tax on their profits unless they "support the economy" by increasing investment in UK energy supply.What better investment than the Uskmouth BESS ? | ![]() wheeze | |
28/4/2022 07:40 | There was significant price manipulation going on yesterday with weak holders being relieved of their shares. We should see an uptick this morning. I hope there were many short sellers yesterday who will be burned to a crisp.Simec is a company with tremendous prospects, not just for the company, its' investors and employees but also for this ailing planet. Backing it is a no-brainer imho. | ![]() wheeze | |
28/4/2022 07:16 | 28 April 2022 RNS 28 April 2022 SIMEC ATLANTIS ENERGY LIMITED ("SAE", the "Company" and, together with its subsidiaries, the "Group") SAE develops new future for Uskmouth site and releases value from existing asset SAE is pleased to provide an update on the transition of the Uskmouth site into a sustainable energy park, which as a first step includes plans to deliver a Battery Energy Storage System ("BESS"). The Uskmouth site has a 230MW grid connection coupled with significant land and infrastructure that make it a prime location for the delivery of a large-scale, commercially attractive, BESS facility. The widespread integration of BESS into transmission and distribution systems is widely recognised as a key enabler of increased and more rapid integration of intermittent renewable energy into the UK electricity supply. SAE is at an advanced stage in the BESS development process having submitted the Modification Application to National Grid, which requests that the Uskmouth site's connection agreement be varied to accommodate a BESS facility. SAE has also submitted a screening report to Newport City Council in relation to the construction of a 230MW BESS facility on the former coal stockyard, and is working with an industry leading partner to expedite the delivery of the battery storage facility. With the development of a BESS at the Uskmouth site, SAE is no longer pursuing the previously announced plans for the Uskmouth Conversion Project and has notified Welsh Government and relevant stakeholders that it will be withdrawing the permit variation application. Following this decision, SAE has entered a contract to sell certain items of plant that are no longer required for its future plans of the site. A contract, worth GBP1.2m, has been awarded to a local company, Wye Valley Demolition, to remove the surplus plant and equipment. This contract brings in immediate funding to SAE's business, helping to secure SAE's broader objectives and delivering value for shareholders. Whilst SAE will not progress the Uskmouth Conversion Project, the need to repurpose coal fired power stations has never been more important in order to reduce emissions, enhance energy security, and reduce the waste being sent to landfill and polluting our oceans. Governments globally are exploring projects that can quickly deliver energy security and independence, and our coal plant conversions have the ability to deliver a quick and cost-effective solution. SAE remains committed to accelerating the transition of existing coal fired generation to lower emissions fuel and is working with it partners to take the vital lessons learnt to other countries where it can make the most impact. Graham Reid, Chief Executive Officer of SAE commented: "The team and I are tremendously excited about this next step for the Uskmouth site, which will help deliver the UK's net zero targets, release important value for the business and allow the team to build on the lessons learnt to help countries around the world to achieve the targets of reducing reliance on coal, increasing energy security, and finding long term solutions to the growing waste problem." | notknowing | |
28/4/2022 07:01 | . SAE develops new future for Uskmouth site and releases value from existing asset SAE is pleased to provide an update on the transition of the Uskmouth site into a sustainable energy park, which as a first step includes plans to deliver a Battery Energy Storage System ("BESS"). The Uskmouth site has a 230MW grid connection coupled with significant land and infrastructure that make it a prime location for the delivery of a large-scale, commercially attractive, BESS facility. The widespread integration of BESS into transmission and distribution systems is widely recognised as a key enabler of increased and more rapid integration of intermittent renewable energy into the UK electricity supply. SAE is at an advanced stage in the BESS development process having submitted the Modification Application to National Grid, which requests that the Uskmouth site's connection agreement be varied to accommodate a BESS facility. SAE has also submitted a screening report to Newport City Council in relation to the construction of a 230MW BESS facility on the former coal stockyard, and is working with an industry leading partner to expedite the delivery of the battery storage facility. With the development of a BESS at the Uskmouth site, SAE is no longer pursuing the previously announced plans for the Uskmouth Conversion Project and has notified Welsh Government and relevant stakeholders that it will be withdrawing the permit variation application. Following this decision, SAE has entered a contract to sell certain items of plant that are no longer required for its future plans of the site. A contract, worth GBP1.2m, has been awarded to a local company, Wye Valley Demolition, to remove the surplus plant and equipment. This contract brings in immediate funding to SAE's business, helping to secure SAE's broader objectives and delivering value for shareholders. Whilst SAE will not progress the Uskmouth Conversion Project, the need to repurpose coal fired power stations has never been more important in order to reduce emissions, enhance energy security, and reduce the waste being sent to landfill and polluting our oceans. Governments globally are exploring projects that can quickly deliver energy security and independence, and our coal plant conversions have the ability to deliver a quick and cost-effective solution. SAE remains committed to accelerating the transition of existing coal fired generation to lower emissions fuel and is working with it partners to take the vital lessons learnt to other countries where it can make the most impact. Graham Reid, Chief Executive Officer of SAE commented: "The team and I are tremendously excited about this next step for the Uskmouth site, which will help deliver the UK's net zero targets, release important value for the business and allow the team to build on the lessons learnt to help countries around the world to achieve the targets of reducing reliance on coal, increasing energy security, and finding long term solutions to the growing waste problem." | ![]() skinny | |
27/4/2022 21:44 | We know that Gupta's problems are his when all is said and done. SAE has nothing to do with it, either that or the company has deliberately mis-led it's investors which I personally think is highly unlikely considering the RNS released over this subject.What would happen to Gupta's shares? | fataff | |
27/4/2022 18:44 | The codger27 Apr '22 - 17:42 - 2216 of 2218 0 0 1 Certainly at this price I see alot of potential Potential for a zero sum game | ![]() boxerdogz | |
27/4/2022 18:14 | The equity is anything but worthless And in the current climate its the way forward. | ![]() the codger | |
27/4/2022 17:59 | The debt is certainly a risk. If they somehow fail to win a CfD I can see the bond payments as the thing that will trigger insolvency. I wouldnt say that makes the equity worthless though. They have 620MW of grid connected assets and for the first time in years, we can see a clear pathway to getting those fully built out and generating. Still a lot of work ahead and wise to be cautious. Gupta issues certainly dont help but we have been here before and know that it doesnt have any direct baring on SAE. | ![]() clabburn | |
27/4/2022 17:42 | Certainly at this price I see alot of potential | ![]() the codger | |
27/4/2022 16:38 | Abundance bond holders owed c£15m across three debentures. Still think this means the equity is pretty worthless | ![]() robertspc1 | |
27/4/2022 16:08 | CfD results will be 7/8th July. This is out of our hands and we will simply need to wait until then. | ![]() clabburn | |
27/4/2022 15:58 | Yes, this is not unexpected. With a CfD win they should be able to do an equity raise or sell-off a portion of Meygen from a vastly stronger position than if they did that now. Unfortunately, the appeal process for CfD applications has to run its full course and this means the process wraps up just after the debt is due. If things go to plan, they should only need a 3 month extension. That should be long enough for the share price to successfully re-rate. If they can agree longer than that and make some headway with Uskmouth, then all the better. | ![]() clabburn | |
27/4/2022 09:11 | Nice to see the new man getting on with it , now where is the CFD news and Battery storage development. | ![]() jotoha2 | |
27/4/2022 09:01 | A deferred payment is not going to be a problem for abundance. The potential with sae is huge | ![]() the codger | |
27/4/2022 08:43 | New CFO providing a change to transparency of affairs. | ![]() jone06 | |
27/4/2022 08:14 | Hardly a surprise :- | ![]() skinny | |
26/4/2022 10:51 | Don't blame anyone taking a profit, good on em | ![]() the codger | |
26/4/2022 10:02 | Cfd news won't come until early July. A bit if profit taking for those who bought when it was sub 2p. | ![]() clabburn | |
26/4/2022 08:48 | Potentially 20 per cent of the UK electricity can be provided by tidal power.got to be the way forward | ![]() the codger | |
25/4/2022 20:04 | Lol jone06 give the guy a break - he's got to make a living | ![]() wheeze | |
25/4/2022 18:03 | StewartHogwarts.. ADVFN member for 3 days and 119 posts already...sorry but your filtered | ![]() jone06 | |
25/4/2022 18:02 | 20million quid which is the current market cap of Simec is simply derisory. There are huge buys going through but the price is being kept down. | ![]() wheeze | |
25/4/2022 17:28 | It's also called the transfer of wealth from the weak to the strong . | ![]() jotoha2 |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions