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......looking forward to the rest of this afternoon...... surely going to let go with this amount of volume coming in today
Funding and production updates are imminent now.
Should have around $2.5m in cash in bank when this news land tomorrow. last reported £1.3m at interims minus spend since plus settlement $1.65m
Volume so far is humongous and mega volumes means massive gains.....we are looking like we are going to cross 50 x daily average volumes by like 2pm .....wow
Petro - Don't worry, you still got time to buy cheap under 1p. 7p couple of months ago and we got 1 more Mega news to come any day!
ðŸ˜ðŸ˜ðŸ˜ðŸ˜ðŸ˜ðŸ˜ðŸ˜ðŸ˜ðŸ˜
The $1.65 million cash incoming.
The company can now concentrate fully on developing improved CoalSwitch® fuels and a new US-based production strategy.
Collaborating with Omega Thermal Solutions Group opens up potential new markets for CoalSwitch® beyond its original use as a coal replacement. Active Energy can target industries like soil amendments, air filtration, and metallurgical steel with their improved biocarbon fuels.
That’s 0.70p broken…. Can we make one penny today??
Added up.1.50p to 2p looks very promising.
We should be in for a promising afternoon as the market likes the news and todays RNS did say cash in the bank by 5th March, so shareholder may see a second RNS today or tomorrow morning which makes this share even more exciting and yes David6576 a substantial reward
We need break 0.70 and the rest is history.
Time to buy and hold for substantial reward.
Afternoon could be very good indeed
Strong consolidation at 0.65/0.7 fully expect an end of day rally to 1p then potentially a 7am RNS of monies received to push us up to 1.5p+ tomorrow
I'm not commenting on this company anymore. Keep my name out of this!
2p on funding update is very possible. Fully anticipated.
Been a shareholder since 2018 and quite heavily invested. I think the concept of the product has amazing potential, will it ever get to market ? Based on the past 6 years performance you have to think not but I’m in and staying in so like the band on the Titanic it’s good to atleast hear another tune being played
Getting lovely press coverage now and people taking notice see latest below:
On London's AIM, Active Energy rocketed 93%.
The biomass-focused renewable energy company's shares rose after it said it has reached a settlement agreement with Player Design. The PDI parties have agreed to pay Active Energy a cash payment of USD1.7 million by no later than March 5.
"Active Energy retains complete ownership of all its original patents on the steam explosion process, including all production knowledge acquired from the former production activities at the Ashland facility applicable for its future production methods for biomass products. In addition, both Active Energy and the PDI Parties have terminated all current legal claims against each other," it added.
MMS can’t hold it longer.Chart looks really strong now as it was 6p not long ago.
Looking forward. Afternoon session and into close.We can test 2p.
Seriously guys does anyone know what thier cash burn is compared to reserves ?
???
Yes cash should come in later today or tomorrow - as it’s an agreed settlement I doubt the transfer of funds will be delayed. Might see a bigger rise when the funds hit the bank account….