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Looks like someone sold 1.2 million shares at around 10.30 this morning. That will always help a share like this this fall in price. Someone obviously needed some money back because they couldn’t have made a profit on them. False, unwarranted drop in my opinion.
If you are a LTH why not add a few as I have.
No rns. Probably just sell triggers getting activated.
Turd -.-
just admit that you know it´s going to die mgmt!
What’s going on?
Thank you, OT – very good to have this pointed out. It tends to confirm the BBC report last month on the plan for the next turbines installed at MeyGen to be 3MW. Combining phases 2 & 3 and installing 17 of them should signify a step-change in LCOE for TSE – a central plank to the mission statements of both SAE and Proteus. Those statements have collaborative working at their heart. Adoption of an alliance contracting model for MeyGen means synergies and makes business sense. Would be great if SAE and Proteus are both building reputations for doing what it says on the tin - or should that be on the nacelle?
Japan gets mentioned too. It's unfortunate that all this is taking forever as large investments dedicated to bring cost down never came. While the good news is that the Goto project gets expanded, it's not a significant capacity either.
Bit of an update on Proteus website today
“Proteus already has a long-term offshore services agreement for the 6MW array and is now working under a letter of intent with MeyGen to supply AR3000 turbine systems to Phase 2 via an Alliance contracting model.”
https://proteusmr.com/projects/
Yep they made about £200 total today before deductions for all 7 trades !!!
Nobody here really cares about 1p or 2p.. we're in the 10p to 20p business
Mm's are just making a nice steady earner without the need to move the price up buying at 1.01p and offloading for 1.08-1.09p, if people could just hold instead of helping out the mm's the price would be back at 1.5p in a flash.
🤣😅
Size doesn't matter. Proximity does. And mass of course.
Lately I overheared that moon is shrinking. In cosmos figures that needn't bother us. I just wanted to share it. Can't remember the cause. I guess it was something about it's core. Sinse tides are mainly caused by the satellite, I guess this might never concern us or our offspring.
Well spotted! looks like a workboat positioned above the meygen cables. was also on site yesterday. probably just routine maintenance but i'm surprised i can't find a notice to mariners.
Sent by a friend living nearby
https://www.reddit.com/r/SimecAtlantisEnergy/s/mfWyxxP10e
Thank you 🙂 I posted it there 👍
Have you seen this Timaeus? Good choice of username for this BB 👍
https://saerenewables.com/so-where-did-the-atlantis-turbine-families-solon-and-nereus-get-their-names/
Thank you, Mr T - courtesy appreciated! All the dates in the calendar are already in public domain so OK to post elsewhere.
This article is worth a read Meygen AR6 all get a mention.
https://www.energyvoice.com/renewables-energy-transition/wave-tidal/uk-wave-tidal/546770/uk-marine-energy-sector-hopes-to-continue-making-waves-in-ar6/
The lack of news and communication that shows what the company is doing is frustrating, but I'm pretty sure that they will be working away in the background. At the moment, a comms officer is likely seen as a luxury that they can't afford. Just from my own experiences, one working in a start-up and also setting up a business of my own, from the outside it may seem that nothing is happening, yet on the inside it's long days with the possibility (not guaranteed) of reward a ways off in the future.
Agreed our government are very poor on renewables, it looks like if labour came into power it wouldn't be much different, I appreciate that its a much more complex situation, but I feel that governments should do more on the policy side of things to encourage/incentivise the private sector.
To give Elon his dues, he put up a lot of his own cash and almost lost it all a few times. Tesla and SpaceX (at least) were already existed before Elon got involved, he brought the cash and the drive (no pun intended) to get them going. I'm pretty sure that if we got an Elon that had deep pockets, the acumen that he has then we would be in a totally different place, but we don't, so slow and steady wins the race... or collapses into oblivion. I'm not an Elon fan boy by the way, he has made great achievements but has done things that don't sit right with me.
because nothing ever happens here. what do they acutally "work"? is there an agenda? this more and more feels like my fraudy cannabis / explorer / mining / biotech garages. why can´t they just work and show us the outcome of this work? now the turbine construction is outsourced and what do we get? this thing once planned to install five times as many turbines. of course noone wants this turd, because nothing ever happens. "gb government talks about renawable energy" yada yada yada. this musk invents in half of the time a world leading car company, flys to space, inplants chips in brains and these cant even get a **** whirligig in the water? terribly sucks!
Another 400k sold this morning @1.01p
400k are peanuts though 😅
I have learned from history in this one not to panic sell when it's looking grim, 400k has just sold for 0.965p, it was like this last year 0.9p offer for size then in no time 1.5p+ again. For me it's past the point of selling and watching for a top up
Useful timeline. I would have included the annual CfD auction results, the next being around July or August of this year, at an increased price per MWH over last year's. A growing stream of government-backed revenue will no doubt form part of the financial planning of Meygen and is likely to be reflected to some extent in the share price.