George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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A stream of consciousness well done SL.
Reposting the link from another thread:
https://files.nc.gov/ncdeq/Air%20Quality/permits/active-energy/7800242-AERP-Permit-Modification-Application-7800242-21A-with-Updated-Info-and-Emails.pdf
Seems to me they had a few questions regarding the process and AEG decided to wait for PD results...(see last mails)
no response. Is he Scottish?
Below is a copy of Scotlouie’s post from earlier today.... it seemed to get lost in a flurry of posting from others but it’s a really interesting post, any comments?
Today 09:52
i find it strange that NCDEQ is awaiting emission data before approving new permit modification. they already issued a permit to AEG so if they didnt decide to modify the plant to make emissions lower then they would already be going gun ho producing coalswitch at a higher emission rate all within regulations stated out within the approved permit. i dont get the logic in now waiting on data from 2nd plant? bit strange when AEGs modifications actually reduce the emissions.
anyone have any reasons why this would be the case or is it based on the pressure of the tree huggers
The seller continues today . From the 16.5m trading today there were a few rollovers but the seller did their usual sell 2m sell mid morning and followed by a 5m at the end of play . This of course depresses the price , However the good news is they will finish and then the price can move forward.
'I have a feeling they were diluted under 3% during the cln conversions. Richard we know Ron hasn't notified as yet. Why..no idea'
Stifler, Mr Spinks sold out 9th Sept 20 - CLN announced 1st Feb 21!
I have a feeling they were diluted under 3% during the cln conversions. Richard we know Ron hasn't notified as yet. Why..no idea
Ignore them. They are the past. They have the licence in Alberta and British Columbia. I wish them well in their 'endeavours'. After all that would benefit...most of us.
Thanks for that BE.
Also I think now that the Canadian patent is finalised and all, they have little claim? Correct me if I'm wrong.
One of the main points behind the letter was saying there was no patent in Canada. If what RMDE says turns out to be false is it not possible to counter sue or something for damages to AEGs reputation (not like it was sparkling to begin with). Just curious and please correct me if I'm wrong.
Thanks,
All very messy and not sure what RMDE does next. After the letter be embarrassing for them to come back and strange for RGS to sell up after buying heavily above 2p.
All a mess and I’d be happy with a positive result and take over. More likely they will go alone and take 8 years to build a large plant then last minute handover to a JV.
"RMDE is a wholly indigenous-owned business and has been incorporated by Grand Chief Ronald Derrickson, RMDE's controlling shareholder and one of AEG's long-term shareholders. RMDE has an in-depth knowledge of the CoalSwitch™ technology and has been working with a broad spectrum of partners including government, industry and off take partners to develop commercial opportunities within the Territories."
I still don't understand how a simple license that appeared very straightforward and payment of $1.8m was exchanged (at a desperate time of need!) has turned so sour! Also, on top of this it pushed Mr Derrickson and Mr Spinks to sell all their shares who were long term shareholders and great believers in the technology - just what happened for this to turn so sour!
All seems very strange when one minute they shouting about AEG and the next selling all their shares and then completely fell out and taken legal action!
I never did remember seeing a shareholder notification that Mr Derrickson sold his shares either - I did for Mr Spinks, but I thought Mr Derrickson had more shares!
The question is will the licence fall away quietly or will RMDE have some redress re the licence fee that was paid and potneialy compensation!
I always thought RMDE would be the one to buy out AEG TBH!
Spinks and RMDE seem to have gone quiet since the childish letter prank. Maybe they have moved onto another project that won't deliver under their leadership. $$$$
RMDE license is for 20 years
https://www.lse.co.uk/rns/AEG/first-coalswitch-licence-agreement-awarded-d8550u33manl0ib.html
Exactly this. But I think 0.4p a bit generous!!
It wouldnt surprise me if some are selling because they want to lower risk and have been a bit spooked.
It also wouldn't surprise me if Rowan delivered the wrong bag. Who was it who said they wouldn't trust him to deliver a parcel nevermind a CS plant?. Nothing we can do but wait
the only thing we can agree on is there is currently very little interest in the share and we're slowly falling back to the low range we had thought had disappeared.
The major investors in at 1p are either not adding or selling a few to lighten the risk. Next two weeks either 0.4p or 1.4p. Let us hope Rowan hasn't delivered the wrong bag of coal switch for testing.
"JoMOP. I'm not sure but I believe it to be endless.. as long as they keep paying the royalty." does not mean that the RMDE deal is still alive does it? Then posted a link to the RMDE deal because in the article it says nothing about how long it will last and just says the license is for $5 per tonne of coalswitch. And so my point still stands that the licenses, from what I can gather, don't expire. If a company that licenses CS wants to stop production then they can. If they want it to carry on they just keep paying the royalty. Don't understand what makes that so hard to understand.
Also you're embarrassing yourself with your baseless claims.
My last response to you because it's clear to me you've cherry picked what I've said. Given no context to it. Then put it in your own context to paint the picture that I'm wrong. I am happy to have sensible discussions on here with people who have opposing opinions. But not with people who will throw allegations at anyone who disagrees with them. Just going to filter you both out from now.
That is funny. Don't set yourself up like that.
You have just tried to convince that a dead 2019 deal is running and then said "I know its from 2019 how foolish do you think I am?"
ha ha. Don't tempt me.
It is good that you can differentiate between a number that is genuinely 19 and one that is not when you want to.
N-n-n-n-not n-n-n-not-non-n-n-not 19. Remember that one?
Oh and of course I know nothing will come of RMDE. I'm looking forward, to future agreements that will be reliant on good test burn results.
I think you've missed the point RB.
I posted that article because someone asked a question. And in that article it says the structure of the licensing deals. Most likely similar to future ones. Of course I know it's from 2019 how foolish do you think I am?
Not to mention that RMDE letter was basically debunked soon after by people finding coalswitch in the Canadian IP database and also since it's now fully finalised!
Love that you call me a desperado when you love throwing false allegations left right and center to anyone who doesn't agree with your views :)
What a laugh - telling stories of ex-agreements and making links to articles from before Covid are hardly going to convince anyone.
The desperado gets desperate.
The Vox link is from 2019 - as you well know. The deal is old and soon dead if it isn't already - coincidentally, just like people pretending to be 19.
RMDE wrote an open letter in April in which the CEO said the license would NOT be significant for AEG shareholders.
"I cannot with a clear conscience allow innocent shareholders of AEG to continue under the false impression that a significant financial ‘windfall’is on the horizon thanks to ongoing successful developments at RMD Environmentals"
That is the 100% published view of the CEO of RMDE.
Not good is it? Still being ramped by the friends of AEG but clearly a gonna.
That was written in April 2021 but the desperados here are still ramping the initial deal in 2019.
Let no-one be in any doubt - that deal is dead and nothing will come of it from RMDE.
You can do better that that surely. ha ha.
Yesterday it was making up fictional shareholders (Lin) and today it is resurrecting dead deals as if they are new.
There ireally is nothing going on here. Good try though - all morning long so far. Whose turn to get the milk? ha ha.
Thanks Bagga...maybe we can fund some of the 50tph plant via licenses... :)
That link copied great.... Replace the asterisks with v o x m a r k e t s.. hope this post works..
JoMOP. I'm not sure but I believe it to be endless.. as long as they keep paying the royalty.
https://www.**********.co.uk/articles/active-energy-group-receives-inaugural-licence-agreement-for-coalswitch--c627aec/
i find it strange that NCDEQ is awaiting emission data before approving new permit modification. they already issued a permit to AEG so if they didnt decide to modify the plant to make emissions lower then they would already be going gun ho producing coalswitch at a higher emission rate all within regulations stated out within the approved permit. i dont get the logic in now waiting on data from 2nd plant? bit strange when AEGs modifications actually reduce the emissions.
anyone have any reasons why this would be the case or is it based on the pressure of the tree huggers
Does a license expire or is it endless?