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not seen or listen to the Ramp this Sunday, they said taken more position and there should be a TR1 - so thats £116k invested now and indeed a fact
And yet another TR1 has dropped this morning.
Hey lads not to worry Sunday Roast has DKE on again so the ramp is coming for you to get out of this shower of ****e .
How do you know Geoffrey Dart won't call in his loan once the CLN has been voted through. He isn't going to convert at 0.65p when the price is lower. What about Sanderson £500k with another to follow, yet the Company have gone to a death spiral CLN for the further finance, will Sanderson ever see 0.71p to convert??? They must be very ****ed off with this....
So are you proposing an alternative of do nothing? Are you seriously suggesting that would be better and will do shareholders any good? If the board were as greedy as you suggest then surely the chairman would have used up all the headroom and called in his loan for £500,000 rather than hold off and let the company move forward with a £6.5m facility. I've seen these things used well and i've seen them used badly. The ones used well were to implement a growth plan, the ones used badly were to keep the lights on with a spurious plan.
Indeed, seems pretty stable considering the amount of negativity being posted on here.
Another rampathon by the roast crew.
How many have been left high and dry on NSCI?
DYOR
Your arguing about the validity of the Gas Peakers? Seriously? The actual use of the peakers in a year or so is almost irrelevant, they may deliver and may pay the directors a healthy salary and bonuses, but have people not cottoned on to the pumping going on here? What happens when there is a draw down? The CLN holder has 10 days from a previous low to convert and lock in a guaranteed conversion price, if they converted today it would be < 0.3p and that wont change for another week when yes it does jump to 0.4p or something. Literally shareholders need a consistent SP above 0.7-0.8p for 2 full weeks to minimise dilution. If there is ONE SINGLE day of a short attack in that 10 working days you reset the clock and need 10 days higher. Lets be perfectly clear here, if Alpha Blue Ocean get the CLNs tomorrow, and there is enough of a pump and spike and the sp goes lets say to 0.7p they will short as many as humanly possible between that and 0.3p which is what they can convert at. This company is not a charity, they want to make profit. Maybe, just MAYBE they wont death spiral to nothing but likewise they are not going to let the SP climb without taking the opportunity to sell into every rise. And IF it does reach 0.6-0.7p or higher you just have even more warrants and CLNs to convert. This funding is just nuts, but it will only affect share holders. Because guess what? At the end when the CLNs are gone or repaid? The insiders here will be able to award themselves warrants and shares at the destroyed price and restore themselves, but that wont help the average PI.
And in the meantime, those of us who bought last week will enjoy watching the tears from those who didn't lol.
Only a matter of time before there will be tears....
Very little value in this as an equity investor
Just been reading info on battery v gas peaker and while battery is better for sub 2 hours, gas peaker is still cheaper and more reliable for over 2 hours. Anyone know the difference in price for building gas peaker's for 10MW and a 10MW battery storage site?
it might be old hat but we don't have enough power for our future needs and while 46% off todays power is still fossil fuels 44% gas 2% Coal and Solar is 13% and Wind 6% , Nuc 14% , Biomas 7% and 13% from Europe their will be demand , each of these are enough to power a Datacentre and there has been 10x that Mw growth this year that has all ready been pre-bought by the hypre scalers and cloud users for e.g.
I have to agree, I just cannot see the value in this project, it is old hat comparitive to the times.
I’ve been looking at this for a while and it’s not my cup of tea. I’m struggling get my head around why the BoD think this is going to be a cash cow. The technology from is a gas turbine powering an 11kv transformer for use by the DNO for peak lopping. This duck had its day 5 years ago.
The use of gas is extremely carbon heavy and many large corporations are now moving away from CHP units (where you get both heat and electricity) due to the carbon impact it has on the business. In other 3 years I can see the Government banning this once Hinckley point is up and running. Good luck for anyone invested. Make the most of the ramping by the roast and don’t hold too long.