Active Energy Share Price (AEG)

Takes 7% of SP. All very strange with the SP action. Massive 13p buy early at 0.5p.

cant wait till tomorrow see where sp go, hope continue rise.............

Read this first!
https://www.proactiveinvestors.co.uk/ISE:AEG/Active-Energy-Group-PLC/rns/LSE20181015070004_13827870
RNS dated 15th Oct 2018

and now this...

http://www.energy-oil-gas.com/2019/06/11/georgia-renewable-power/
Article date:- 11th June - AEG JV partner!

My thoughts and opinions only:-

JV originally announced 9 months ago - RNS 15th Oct 2018 - feel a lot has happened in this period for a small cap AIM stock
I assume the delay in the new plant opening sooner (from RNS 15th Oct) is down to purchasing the plant rather than leasing it - guess leasing was the original plan - owners of the plant (Alamac) wanted to sell rather than lease out and offered AEG a good price for the property - I am sure I read somewhere they spent $3million on a new roof alone not too long ago! - and assuming they may have taken a few CLN themselves! Site valued just over $4.5m
The good thing is that the recent fundraises are being used to buy property/plant/machinery - so in other words ASSETS!

Looks to me that they have a clear JV plan over 36 months to install plants for upto 100tph with strong backing from JV and now a mention of new Euro and Asia investors
First being Lumberton at 50tph (end of 2020) and the other 2 plants at 25 each by end of 2022 - plus export and other biomass/feedstock options onsite - not sure what this means at the moment though!
The JV seem to be very much aligned with Litter (poultry) switch opportunity with Peatswitch also mentioned in the original RNS now on the back burner due to the Young Living situation

Already have been awarded $500k grant and I assume with more grants to follow - announcements now mention positive impact on local economy and supporting local businesses etc.. (maybe this is a requirement for more grants being awarded!)
Raised money, convertible at 1p or 8% pa also with Income from Sub Leasing to cover some of this 8% cost - most companies are paying rent per month so no different here
Not sure if they will just use waste timber only of a mixture of cut wood and waste - but this must be a far cheaper option so greater margins
It appears to be good story and plenty of Win Wins for all - hoping the plant will be operational early Q4 and not at the end of Q4!
Re the increase from 5 to 50tph - surely they will be able to lease/purchase some or most of the new machinery required rather than raise & dilute anymore!
I am a lot happier than I was just three months ago as even the general manner of the recent RNS's has a more confident feel about them!
All stocks have risk - but I now feel this has at least another year to prove the concept works!

I have tried to forget about all the other previous opportunities that has not gone to plan/come off. I will just concentrate on the new plant if anything else comes off then that's a bonus!

Good Luck!

totally agree zoom. hopefully AEG have turned a corner and start to produce revenue by the end of the year. that would be a great start to the recovery and bring back market confidence. with that it could set up a fruitful 2020... a long way before im at breakeven level (along with most i would guess) but i havent completly lost faith....yet! well see how this year ends! either on a high or more broken promises!

I think the correct decisions are now being made. Not ramping this stock because past performance & communications have been utterly atrocious. I do however think the are now concentrating on something tangible & if they can get to production this year, which I think they will, it form a base for a credible company going forwards. Just keep delivering the facts without any gloss & speculation.