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Should have already been priced in. Some people have such short memories
Hasn’t this previously traded at nearly 40.00?
Great update - will re rate considerably from here
We should see a year high soon and a relatively slow but steady growth from there on in.
That’s how to creat value. 3p here we come
£5M payout for a £6M M/CAP company!!! Thank you.
So do I.
Excellent RNS confirming the achievement of one milestone that was promised and looking forward to others.
I am a LTH and will continue to top up my holding, starting with my ISA allowance for the new tax year.
I like it 👌
Thanks for that minim 👍
Just to add if anyone is confused scroll down to
>Data and Resources
Click on the
>CfD Contract Portfolio Status
Then type in Meygen in
>search data box
5 CFDs will show up
AR4 showing pre start with the AR 5,s showing pre MDD
You're right I think - I've not seen an update from the company about this. however according to the CFD website they have achieved this milestone.
https://dp.lowcarboncontracts.uk/dataset/cfd-contract-portfolio-status
Okay. 100k is my acutal amount now, too. ~3% of my portfolio. Quarreling with further purchases.
Https://www.cfdallocationround.uk/news/allocation-round-6-opens
100,000 shares. Not that far off now, so should get to it sooner than I was expecting. Don't plan to add more after that.
A previous update states
"SAE is working to achieve the CFD timeline, which will result in the Milestone Delivery Date being achieved in Q1 2024 and financial close later in that year."
But we didn't get an update yet, did we?
Link: http://simecatlantis.com/sae-achieves-milestone-in-bess-project-delivery/
If I may ask: what is your actual target?
Thanks oldtramp, that's an interesting find and might be related to the recent activity above the cables in gills bay.
Well at least something is going on .
https://indeximate.com/news/indeximate-commences-cloud-cable-condition-monitoring-with-meygen/?trk=organization_guest_main-feed-card_reshare_feed-article-content
I'm going to continue to accumilate up until I get to my target. Will probably take a few months, but I might as well at this point. I've not much to loose that I want to loose.
I think SAE has potential to surge immensely, given some proper news on BESS and MeyGen/CfD. Until then, there's probably nothing they can make public that won't do much for the valuation at this point. It's all or nothing imo. If tidal has a future, the £5m valuation will easily turn into a £50m valuation which is, at this point, a 10x ...
I'd love to get some news too but frankly, I'd prefer bombastic news over meaningless news that do not do much for the valuation currently.
no news for nearly 3 months. back to dire info and comms.
and before tidal lover chimes up.
stating how green the grass is, they are taking the ****.
Any takes on what's happened to make it 5.5m? I don't think there has been any substantial changes in our current situation (in fact, I thought we were slightly better).
I think at this point, we're just going to have to wait for labour to get in. I've looked on some of the investor presentations from NOVA innovation, and Kier Starmer directly mentioned them as an exemplar company for potentially what he wants to do with tidal. I'd rather it be SAE, but given our real estate at Meygen and the CfD we seem to keep getting, as well as Labour potentially making in roads into Scotland, we could see some sort of a funding mechanism coming for us or our potential partners. Granted, I don't trust the current labour party with this sort of thing and they seem to capitulate to pressure easily.
Can't get used to a market cap of just £5.5m - I'd everyone of us took a decent loan we could basically buy this company- if it really goes for £5.5m.
ATES was sold for £0.5 iirc.
According to simplywall.st, SAEs book value is £10m so that's a 2x ..
It's so weird.
Pathetic chat and irrelevant now as the ground works have been shelved and all the heart has been removed.
BESS is better.
Historically sub coal pallets would have been a nice thing but apparently the Welsh Moratorium put an end to sub coal plastic pellets.
It is water under the bridge and gone.
Good to see it coming along and SAE barely even mentioned. Actually think it's quite welcome to be just a plain old project developer. Construction completion and progress will help unlock new opportunities too - companies aren't taking any unnecessary risks investing in plans right now and material facts in place should open things up a bit.
Powerhouse aren't burning plastic. They will be converting it using heat and pressure. The Welsh moratorium is for burning waste.