Wasabi Energy Share Discussion Threads

[scargs] 02/11/2013 10:03

Comet5d and firefox6

Please can you explain to me what the position is re the warrants etc.

Please explain in straightford understandable English.

I am from Yorkshire!!!!!!!!!!!!!

Scargs

[firefox6] 02/11/2013 09:47

09:27
Re: Panic over?
HEDMAN
1UP
08:51
Panic over?
Sprocket60
[...]

[comet5d] 02/11/2013 09:27

Beware 350,000,000 Warrants exercisable at 2c expiring 14 December 2013 18,750,000Warrants exercisable at 0.8c expiring 14 December 2013288.000.000 Vendor shares also issued at 1.8c380,833,402 Options exercisable at 0.8c expiring 31 March 2014When/if the 2c warrants get exercised it will have almost 4.5B shares and 90m valuation. Maybe thats either cheap or expensive depending on future cash flow from their deals. At this stage i have no idea. How much more money do they need to fund all the deals and corporate costs until positive cash flows come.

[jane downs] 01/11/2013 23:02

01/11/2013
Wasabi Energy Energent turbine powers Taiwan's first geothermal Kalina cycle power plant -

[moreforus] 01/11/2013 14:25

lol and it had not been drinking any booze - purely medicinal beverages....

[vanunu] 01/11/2013 14:23

Yes more4

Its almost as if the company have reversed into a tree at 80mph

[chrishughesuk] 01/11/2013 14:17

Yesterday's Appendix 4c seems to have flown under the radar, particularly the progress with the purchase of Shanghai Shenghe New Energy Resources. The assetts now on the books allied with market entry should make the next twelve months interesting at least.

[pratt2] 01/11/2013 14:05

Bloody hell! What's happened here! I thought we had breakthrough news a couple of weeks ago and were recovering to 1p+ levels! So much for that!

Surely, this is due a bounce at these levels? My avg is 1.4p and very tempted to avg it down a lot further!

Surely, there's a placing due? But at what price!?

[induna123] 01/11/2013 13:47

Anybody know who the seller is? Tempted to buy here but wondering if the seller is fully out.

[moreforus] 01/11/2013 13:46

lol is that why its puking Vanunu....

[vanunu] 01/11/2013 13:40

1 Nov'13 - 13:37 - 765 of 765 0 0

GCTRADER
13:17
hxxp://t1ps.com/
The Evil Knievil Diaries » 12:27:58 1ST November 2013 [link] Evil discusses Copper Developments, China New Energy, Globo,Wasabi Energy, Green Dragon Gas, Mulberry, CPP, Tesla, NQ Mobile, Chaarat Gold. Some strong talk coming out of Asia that Wasabi have gained a dream come true Asian partner who will bankroll thier projects and i today have been buying on anticipated news flow...

[logans run] 01/11/2013 11:33

VIDEO


Hinkley Point deal 'opens flood gates' for more investment in nuclear

Deal for first nuclear plant in a generation will attract more providers to Britain, say industry experts, as Government agrees strike price for Hinkley Point


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Roland Gribben

By Roland Gribben, and Denise Roland

10:00AM BST 21 Oct 2013

Comments374 Comments





The Government's deal with EDF will encourage other players to invest in new nuclear in Britain, industry experts have said.


Following months of negotiation, ministers have agreed a "cut-price" deal with the French power giant behind the project, paving the way for construction to begin at the Somerset site, provided the plan wins EU approval.


Tony Ward, head of power and utilities at EY, hailed the agreement as "one of the most significant enablers to unlock positive investment decisions, not just from EDF at their Hinkley site, but other potential co-investors, and subsequently from other developers."


He added that a "significant construction programme of new nuclear stations" would boost the UK economy by up to 0.34pc a year, and could generate as much as £1.6bn in nuclear exports.


Daniel Grosvenor, head of Deloitte's UK nuclear practice, said the deal would "open the flood gates" for more investment in the sector.







He said the deal "shows that the UK can attract the international investment our energy sector desperately needs".

"If state aid clearance can be secured [from the EU], the UK contract for difference [strike price] will increasingly be seen as a potential mechanism for enabling finance and private sector investment in low carbon generation across the continent."




EDF Energy's Hinkley Point C power station in Somerset

David Cameron hailed as "brilliant news" the £16bn of new investment and 25,000 jobs he says will come to Britain as the Government struck a deal for the country's first new nuclear plant in a generation on Monday.

"As we compete in the tough global race, this underlines the confidence there is in Britain and makes clear that we are very much open for business," said the Prime Minister.

"This also marks the next generation of nuclear power in Britain, which has an important part to play in contributing to our future energy needs and our longer term security of supply".



Prime Minister David Cameron meets workers in the Charge Hall at Hinkley Point B in Somerset (PA)

Ed Davey, Energy Secretary, claimed the deal with EDF Energy - and its two Chinese partners - to build the new Hinkley Point plant in Somerset is "good for Britain" and will help to bring down energy bills.

Ministers have agreed with EDF, after more than two years of negotiations, that the French company will be guaranteed a "strike price" of £92.50 for every megawatt hour of power produced by the Somerset plant for 35 years.

But a flexible price has been established that could see a lower strike price for energy from Hinkley of £89.50 if the EDF consortium pushes ahead with plans to build another nuclear plant at Sizewell in Suffolk.



An artist's impression of the planned Hinkley Point C nuclear power station in Somerset (EDF Energy)

EDF wanted a considerably higher price, in the region of £100 for the Hinkley strike price, but has accepted what is being seen as a compromise. It is understood the cost of the Sizewell development could be much lower than Hinkley, benefiting from the time and spending involved in developing the Somerset plant, and bringing the overall energy cost down for the taxpayer.

Vincent de Rivaz, EDF chief executive, called the deal "good, fair and balanced for consumers, the UK and EDF."

The revised price is still almost 50pc above current wholesale market energy price levels – and will be "topped up" through levies. But consumers will not start helping to meet nuclear bills until power starts flowing in 10 years' time.



The proposed landscaping at the development site after completion of the new power station (EDF Energy)

Mr Davey had set his sights on getting the strike price below £90. "We've got an extraordinarily good deal for the consumer," he said. "Our figures show the cost is considerably less than had been suggested so far."

The Energy Secretary also hailed the deal as "the first time nuclear power stations in this country will be built without money from the British taxpayer."

He claimed consumer bills will be £77 lower when the full nuclear programme is completed by 2030 but he is expected to face hurdles in getting EU clearance over substantial subsidies being paid to the EDF group.

The price incentive is one of the surprise elements in a nuclear power package the Government believes represents a better than expected outcome to extensive negotiations leading to the construction of the first UK nuclear plant since 1995.



Hinkley Point nuclear power station in Somerset (Christopher Jones)

Hinkley's cost is now being pitched at £16bn rather than the original £14bn cited by the developers, with the revised figure including £2bn of pre-construction stage costs. The project will also carry loan guarantees from the British Government.

But EDF and its Chinese partners – confirmed as China National Nuclear Corporation, and China General Nuclear Power Corporation - will have to meet the cost of any delays or overruns at Hinkley Point. They have, however, agreed to share any savings with the taxpayer if the project comes in below budget.

The partners have apparently responded to Government pressure to "buy British" and have agreed to spend 57pc of the Hinkley investment with UK firms.

The issue has become even more controversial with the Big Six power firms unveiling hikes of more than 9pc in electricity and gas prices.

The Archbishop of Canterbury Justin Welby and Deputy Prime Minister Nick Clegg both raised concerns about the increases over the weekend.

Mr Welby told the Mail on Sunday the companies had to be "conscious of their social obligations" and "behave with generosity and not merely to maximise opportunity".

Mr Clegg demanded more evidence that the hikes were needed at all.

"Clearly the companies need to justify the bill increases that they are now announcing," the Liberal Democrat leader told Sky News' Murnaghan programme.

"It cannot be right that people who are really struggling - many, many people still struggling to pay their weekly, their monthly bills, where electricity and gas bills for this winter are a looming worry - it can't be right that those bills are increased for those households in our country and yet it is all rather opaque about what drives these increases.

"Because some of the companies are not really open enough yet and transparent enough yet about their own balance sheet."

[daithedeath] 01/11/2013 10:44

My Buy has gone through as a sell on ADVFN , I wonder how many more there are

[firefox6] 01/11/2013 09:56

Emailed the company expect an rns late afternoon no placing/consolodation funds untill march/april are takling to multiple partners as per last update.

[nw99] 01/11/2013 08:43

Big buys now WAS

[smythy4] 01/11/2013 08:39

FML...big news due? 5 bag b4 xmas?

[nw99] 01/11/2013 08:03

Maybe a placing coming otherwise would not be this weak

[illuminati1] 01/11/2013 07:03

WAS down -15% on ASX at 5c ~ 0.29p.Huge Volume Selling of 192 million.2 large Sell trades 35.000.000 at 4c 0.24p New All Time LowLooks like they're running out of money.

[illuminati1] 31/10/2013 15:05

Wow 66 million shares dumped today.2 very large SELLS showing up

[ivor hunch] 31/10/2013 14:46

The danger with a consolidation at these low levels is that it allows the share price to fall further. It would be a danger for shareholders and although I agree that at some point the shares will have to be consolidated (especially if they want institutions to buy) they should wait until the share price is higher, revenue is building and the news flow is better. I hope a consolidation is a couple of years off when things should be looking much brighter for the company.
Ivor

[scargs] 31/10/2013 13:12

IMHO a share consolidation (reverse split) would be good for WAS.

Currently WAS has too many shares in issue.

A one for ten (£0.004 to £0.04/4p) or even a one for one hundred (£0.004 to £0.40/40p) would be better.

All in my humble opinion.

[nw99] 31/10/2013 12:33

massive volume already !