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Within two weeks ,one anticipates a good news update .
Several problems remain to be resolved .
More Govt and less Greensill support will be a fine start .
Best of
From.SAE.
Hi ---------
There's a lot of work going on behind the scenes at Uskmouth, when we hear from NRW and the Welsh Government, we will issue a press release.
We are also working towards bringing carbon capture and storage onsite at Uskmouth, and are working with @remediiate too!
Let's just state some facts.
12 months or so ago the price was 6p.
Then there was some good news about tidal.
Price just to 10p.
Eventually it went up after Usk was mentioned in RNSs.
It got to about 21p mid last summer on the info again about tidal and subcoal with NPV.
Then in August a loan for £180M for Uskmouth price on that Friday actually hit 35p before ending at around 30p.
Then it dropped down to mid twenties for some time.
In Feb this year it went up a little on the back of Usk planning permission.
Then the unexpected call in from FOE.
Price dipped.
Then dipped a little more.
Then for the perfect storm scenario GFG (For the wrong reasons) hit home with Greensill.
Uncertainty and it fell to mid teens and then into single figs with SUEH contesting 43% of share holding.
As we all know hit then hit its lowest point ever this week closing at 4.10
Hence this is not copy and paste from other people but all from memory.
So with all the new rampers or derampers there are people on this board that have seen and been there through a turbulent time.
The risk is still there but even with the Welsh government moratorium on projects above 10mw, I still feel confident that planning permission will be granted.
This is because of my sentiment in the technology and that they are beginning to have the additional parts such as carbon capture and emission reductions.
Should UPS get the green light then there will be a massive re-rate.
Well into the 20-30s or even more.
Then there is the small point about tidal. This is the CFDs for marine get the green light could push it up a lot higher.
There is also the other but for hydro which they are now pushing so this could actually turn into if all line up, to a very exciting time.
If I were to really get excited then this would be getting Meygen 2 going and having some more power stations lined up for subcoal around the globe.
However the big hurdle and first thing must be Uskmouth.
Hope this gives my info on SAE.
GLA.
I`m with Fred .
Long term maybe the tide has turned.
Nothing on aim is for certain , caution is your best friend .
Best of
Good work Fred, Hope all ok with yourself and you make plenty here moving forward!
Lots of new posters?
Held shares here for what seems a long time - lost a lot of profit and sold at a loss couple of weeks ago - extra cautious now by what happened at SXX - it sort of stays with me! However was quick off the mark this morning after reading RNS to buy back. Pleased for LT holders and hopefully now we will be back on track - fingers crossed
Anyhow. Sorry about my IPad predictive txt. Off to the garden to start a fire and sink my teeth into a bottle of bourbon. Have a good weekend everyone, today has been a long time coming . II will raise a glass to those who have been through the cosh here well done for keeping calm and carrying on.
My sentiments exactly skeletor.
I can name a a few hundred shares Pete myself. Flyb, sxx to name a few this is a gamble as is every share. What I say is what has happened with this SP. I’m not pumping and I’m not dumping. I’m holding and have been for quite sometime. I have witnessed the story so far and am just re-iterating what’s gone on here. It’s up to you how you choose to use that info as an individual investor. My battle is not with the small individual investor, my battle is with the II’s as is everyone’s. I’m not claiming to be a guru just informing new investors who are looking for a medium to long term prospect. I don’t like the Day or short traders as I personally believe they offer nothing to other prospects of improving British industry. Anyhow I’ve said my bit and laid out my position with honesty. I shall return to my quite hole and reserve the right to return next week with an I told you so on my double figure predictions. If not next week then the following as everything everyone says here and on every other forum is pure conjecture. ATB
Wenglish - the events merged into 1 but you are in general right that first the Call in and 2nd the Gupta receivership brought this crashing. From memory when a rumour got out that we were getting approval the price jumped to 24p. It then drifted to mid teens I think before we got news on Gupta. What we don't know id would it have continued to drift or had it found it's level? If the latter then logic says this should make a swift return back to 15p albeit it will be slowed down by profit taking along the way with gaps filled etc.
Arguably some of the other developments since actually should see us in a better state as we now have the carbon neutral tie up with the positive quote from the Newport MP (all conjecture but helps give confidence that planning will eventually be given). Still I think profit taking will be quite a sustained brake on "True value" so with no news I would be happy to creep into early double figures short term and then get ready for another 2-3 X day when planning gets granted.
Throw in tidal and other potential imminent growth opportunities and it is amazing what a day makes in how I feel about this investment.
Let's hope for no negative news/sentiment over the weekend and then a steady rise all next week.
ATB
Also difference between those and this is this is actually producing not promising. Anyhow I’m sure the individual share holder will make up their minds what they are going to do on their own research not my words typed. New here aren’t you Pete? Decided to play today?
Bin not pumping anything. Stating facts.
Sp was talked down from 30 odd down to to 20s on USK. Sp was was talked down for 20s down to to 4 odd on the back of Gupta. This will rise steady double figures next week in the back of today’s news. Up to early 20s and if Wales get a move on with the call in this will surpass any figures so far achieved on the SP. im reckoning d 11 to 13 C.O.B this time next week when I say double figures. We have a lot of players in now as they see this as a safer bet on the long-term rise but playing the game on the daily basis. All we can hope for is that the Call in news comes when they’re not holding.
Still holding HUR, hopefully not too late here!
jones think you were a bit late to this one.
You still part of HUR or have you sold out?
I'm really sorry you've all been lumbered with JR.
or is the rise expected to continue simply on the back of todays update? Thanks