Member Info for badshah13

Well, this will be interesting. Sp should not go below 0.45p hopefully...
Last weeks placing has messed up everything. If I remembered correctly, not too long ago David told that he has debt financing options if they need more funds. Discoint was killer, if the number of shares wasn't.
Anyway GL everyone, and let's see where this goes from here

Just found the show while flipping channels on television on QUEST at 22:00 to 23:00.
Seems like lot of people just start digging around in desert to find gold nuggets with very basic equipment...

How the hell they come up with 33% discount.
Just because they are filling up their own pockets they decide to buy cheap.

well let's hope we are not surprised...

https://twitter.com/EU_Commission/status/1280806613851521024?s=19

Sorry the previous link was to PHE website. Twitter link is below

https://twitter.com/PowerHouseEG/status/1280830196258652164?s=19

PHE on Twitter
We look forward to wide spread use of reclaimed hydrogen from waste plastic across the UK, EU and beyond https://t.co/YgnIA1GeJa

loll, I thought today might be different.

I am struggling to understand who are these sellers? If they wanted to sell, why didn't they sell 2 weeks ago at higher share price rather now when even better news of scally drilling to commence has been announced and all the HAV sat images shared showing positives to look forward too.

I understand some people might want some cash, but so many, is difficult to understand. With not update about 2 weeks away, I thought this would be holding time now, if not buying more for existing holders..

Anyway, patience is the key and and few more months in the 7 year journey for me won't matter...

One they commencce the drilling at Scally, how long is it likely to get the results? I was looking at Hav drilling campaign back in 2018 and it took about 4-5 months for results (from 17 Sept 2018 to 05 Feb 2019).
This time I am hoping more rigs will be used - thought i am sure there will be shortage of rigs in WA right now. GGP has got cash in the bank to expedite the drilling for Scally and turn it around as soon as we are about closing off on HAV deal.
Money for 30% of HAV will also flow (assuming NC takes full onwership), most likely before the end of the year to start multiple projects..
Enjoying this one.

Great interview and it was indeed confidence boosting. One thing i am unsure about is the timeline for Protos to be up and running, in my mind it is meant to be ready bu end of 2020 but I am not sure if there are any further delays. DR spoke about Peel signing of design in coming months and then seek funding, so does that mean plant built has not yet started?
Please enlighten me to facts.
Thanks.

Disclaimer - I am not an expert in financial market and this is just my views based on what I see of my investments.

People have been surprised with the sp reaction after good news today and debating theories. I have a following theory,
All investors who wanted to invest in GGP have parked their money currently into this, so no more topping up, I.e. no buys. We also have 2nd type of investors who buy in anticipation of news, typically jump in around 2 weeks before. The sp will move when lot of buyers jump here and drops back again when they sell back on news, to invest that money, for 4 weeks, into another stock. As today's news was unexpected, these 2nd set of investors didn't have free cash to jump in.

I have observed this with another holding this week, EQT. It has bagged 4x in last couple of months without news but yesterday an unexpected very good news came and there was hardly noticeable movement.

The rise of stocks in last few months has also been attributed to Covid stock market situation. I mean people have pulled out from major oil, tourism, bank and other companies impacted due to covid and invested into stocks like GGP, getting it to rise substantially. Now all that money is parked, there is lack of free cash floating in the market to invest further. In the recovery phase currently, oil, tourism and other stock are also going back up including the POG and money is going back there.

Anyway, this is my theory based on sp reactions of 2 stocks in am invested in.
GL

Loll .. He did the same thing yesterday, reading about Billingham MOU... I seriously doubt he should be investing any money and he is definitely not a Genius.
Maybe he got the username to sound positive..

Newboy - some work is already been done, and remaining is not expected to take long. I understand it is long term thing but all projects will be long term ones, right? nothing will turn overnight or generate cash in one go with EQT business model

"The first two proposed sites are already zoned for enterprise/industrial and are suitable for heat and electricity generation using biofuels. 25MWe grid connection contract offers have previously been secured for each site and these will be resubmitted"

" Carbon Sole will be responsible for obtaining the permits, licences and authorisations, power purchase agreements and feedstock agreements for the projects which are anticipated to be in place by Q1 2021."

well i have seen it with other stocks too but this one already had the momemtum and I dont think these news was rpiced into that momemtum / expectation.. hence a bit surprised

Redno.7 - are there any Swedish companies working on projects like this? I am sure there is lot of forestory waste there, unless IKEA uses up all the wood.

This was normally going up 15 -20% on the daily basis for no reason over past few weeks and now that we have such massive and only 10% rise.
Also, the sp has retraced a bit from days high, so i wonder who is selling after this news? Am I missing something or others have missed reading this news?

aandi - thanks for sharing arden report. It helps put lot of things into perspective.
So basically 3 projects signed todat are probably worth £100 revenvue over 2 years.

About £40m for each 25 MW project and take about £20m for third project if that is smaller size - It is unlikely to be the case though. Billingham project delivery or payment is over 36 months but this agreement states 2 years contract means they will be to complete the projects quicker.

So based on this contract itself, our sp should have been 2.5p.. well looking forward to this week. I think David will spell out some numbers in the interview today and hopefully markets will wake up.. atleast 3 bag from here this week.

Enjoy the ride - GLA

aandi - so we have 2 more of billingham towards our target of 8.5 projects of that size to reach 50p.. ;P
I think market is asleep, this should have broken 1p by now.

How many MW project was Billingham meant to be?