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'I think we need a supperpumper to really get going again'...hello....did I hear my name?
I need a new trade....whats the craic here then?
I think we need a supperpumper to really get going again… lol
Or more good news from the company - which ever comes first….
2.2 mil delayed buy 0.6p did the job and took the size out of the market
Market makers are taking the mick. NT at 0.6p earlier on no trade, they are awash with shares, 600k uncrossed in auction at 0.5p I bet that was one of them too, this is what they do, buy it all up as people sell lower and lower and then spike it and offload it all for a huge profit. I'm just miffed I never got a slice at 0.55p will not pay 0.62p+ to line their pockets but of course I still hold stock from way higher but do not pander to their games and greed
Looks too low considering their recent receipt of $1.65m…. Small top up for me but if the SP starts to regain some ground I might buy more…. Confidence is a wonderful thing… Gla
It's the market Roger, stocks spike and everybody piles in and then they go dead and everybody piles out they drift and drift and most trades are sales and then bang out of nowhere they spike again. People are selling at 0.55p yet the same people were probably happy to buy at 1.2p+ a few weeks ago.
I'm not selling it's well past the point of that now, but I'm watching when to buy the next lot. 1 mm left at 0.55p so heading lower first
Anyone else think this is a goner? Directors will just take the rest of the cash out in monthly salaries whilst they...continue to examine the most expedient ways to commence CoalSwitch® fuel production, using its proprietary technologies, and will provide an update to shareholders at the earliest opportunity
Next RNS will be in about 3 months to say 'the Board have not found any potential partners....' Trading will be suspended and then eventually wound up or just becomes a cash shell. Absolutely typical AIM charlatans in charge. What a waste.
And thar she blows.... Another AIM winner.
Justice2u - ‘ but it's not going down anymore.’
Think you might be eating these ill timed words today if current selling persists. BOD fine AWOL.
How many months will the cash last with all the salaries they have to pay with so many directors currently on board? Can see this going t.ts up in 6 months time and not a word from the CEO.
I don't want to buy any more at any price! I'd like to sell and try to recover my losses. Need it to get back to 1.3p before I do anything.
Experienced Leadership Team? Really??
@roger,
it's a good try to buy lower than the current price but it's not going down anymore.
Lot of Director's salaries to cover here and they've only got £1m left.
Is it all over for this company? I know a major share holder recently dumped their entire holding but is there really nothing on the cards?
That's what it says on the website. Followed by '....with Executive Team based between London and the US'.
Does that mean they're at the bottom of the deep blue sea? Or maybe just all at sea. Can easily believe either.
Another £7k dumped this morning.
Superda, what are you on? I need some of it, especially when looking in on AEG car crash
RSI back on 14, this will fly again soon !
Remember this was 7.50 not that long ago. GLA
Future CoalSwitch® production.
Since September 2023, Active Energy has focused on improvements to both CoalSwitch® fuel and the production processes utilizing the new executive management team based in the US. At the Interim Results, the Company announced a working partnership with Omega Thermal Solutions Group LLC, based in the US, to develop a new manufacturing process and create variants of CoalSwitch® fuel focusing on a torrefaction production process. The improved fuel performance metrics, such as higher fixed carbon content allows these biocarbon fuels to participate in the growth markets such as soil amendments, air filtration, ferro silicon and the metallurgical steel industries. This product development is opening new revenue opportunities for CoalSwitch®. From RNS dated 05/03/24.
Check the link below, good read
https://www.sciencedirect.com/science/article/pii/S2589014X24000124?dgcid=rss_sd_all
Omega, AEG's New Technology Partner.
Check the link below, looks like work already in progress. Expect announcement anytime ! GLA 🚀🚀🚀
https://www.linkedin.com/posts/omega-thermal-solutions-group_omega-is-processing-pelleted-biomass-for-activity-7166068113321533441-Gcop
Thanks BioEnergy. I remember that announcement for a 3.0 Coalswitch version and the mention of utilizing torrefacation technology but when you analyse the offerings on AEG's website it clearly promotes their current production process is "Born from STEAM EXPLOSION technology". The supposed highly valued portfolio of protective patents are also promoted to help give investors peace of mind before investing in this opportunity.
If Rowan has again hit yet another major road block bringing the Coalswitch process to market surly he would need to make a full disclosure before running off to play with a completely different technology and hoping nobody spotted the switch. Leaving vital equipment for steam exploding biomass at Player Design which cost millions to design and years to build sounds like a very stupid plan but I think we've now come to expect Rowan is blessed with possessing an excessive amount of this unfortunate skill.
The newly announced working partnership with Omega Thermal Solutions Group might sound like a great idea but their website confirms they specialize in fuels derived from using Pyrolysis and not Steam Explosion. Surly if Omega was intending to rapidly expand their portfolio to quickly help AEG fulfill on the promises made to it's shareholders as per https://aegplc.com/future-technologies/ they would need the equipment (with a book value on June 2023 of $2.5 million) which Rowan has now decided to abandon.
Last week we saw an incredible 350 million plus shares changing hands which is over twice what is in current circulation. Many of these would have been snapped up by new investors who would have looked at the AEG's website displaying the opportunity to invest in an unique revolutionary Steam Exploded and patent protected fuel. I just hope this still is the route Rowan intends to lead the company because if those website details are wrong it could open a whole new Pandora's box of problems.
Seems like it's not going down anymore as market is expecting a production news soon.
Roger
This is the market now, a 100% ponzi where people pile into spikes and then no matter what the news 99% of the chasers all sell out in the next 5 trading days, down to a trickle now of sellers with others taking advantage to buy a few. 0.63-0.65p is more than a fair price ahead of next news, just got to make sure we all sell the spike this time when all the chasers arrive when it's 50% up next....remember day traders do not care about fundamentals, if they are not flying up they will not touch, does not matter if it's a £1 mil market cap with £1 mil cash or £10 mil cash they still will not touch it if it's dead of drifting.
What's clear is that there are games being played here.
Only last week AEG received a payment of $1.65m (about £1.25m and yet the mcap is at £1m as of today.
Will the Directors come out with news soon or just empty the coffers and let it go into admin? Or is there a more interesting plan afoot? Usual AIM gamble.
Imagine buying this at 1.3p+ last week and currently being over 50% down davey50. This isn't "another tree shake" - you are talking nonsense.
It will be interesting to see what they do with the new partner. It's not clear at the moment.
Someone asked me. No I am not shorting. Just explaining something about the background to the process they are trying to achieve. Just an opinion. Its often messy here you have to read between the lines on the info they release.
Bound to work for the mm's because hot money cannot stay in cold stocks so they will all sell up today which creates a buy opp for anybody wanting back in. Imagine selling this at 1.3p+ last week and getting the opp to buyback so quickly at 0.6p