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Don't get me wrong, so would I.
What I meant by that post is that if nothing happened and we were still at 1p. When the news comes out we could get to 1.5p. but we're at 0.6p and that won't get us to 1.5p. maybe just 1p.. if that makes sense..
But yes I would still be very happy be back over 1p don't get me wrong. I think we're due some movement!!
Pipe dream but who knows!!
I mean the price is so cheap right now and the risk reward better than ever that it could be anyone... But we do really need a directors buy so we can actually hold and not fall further before results. Else when they get released we'll just be back to where we were!!!
Thanks for that BE.
Also I think now that the Canadian patent is finalised and all, they have little claim? Correct me if I'm wrong.
One of the main points behind the letter was saying there was no patent in Canada. If what RMDE says turns out to be false is it not possible to counter sue or something for damages to AEGs reputation (not like it was sparkling to begin with). Just curious and please correct me if I'm wrong.
Thanks,
Exactly this. But I think 0.4p a bit generous!!
It wouldnt surprise me if some are selling because they want to lower risk and have been a bit spooked.
It also wouldn't surprise me if Rowan delivered the wrong bag. Who was it who said they wouldn't trust him to deliver a parcel nevermind a CS plant?. Nothing we can do but wait
"JoMOP. I'm not sure but I believe it to be endless.. as long as they keep paying the royalty." does not mean that the RMDE deal is still alive does it? Then posted a link to the RMDE deal because in the article it says nothing about how long it will last and just says the license is for $5 per tonne of coalswitch. And so my point still stands that the licenses, from what I can gather, don't expire. If a company that licenses CS wants to stop production then they can. If they want it to carry on they just keep paying the royalty. Don't understand what makes that so hard to understand.
Also you're embarrassing yourself with your baseless claims.
My last response to you because it's clear to me you've cherry picked what I've said. Given no context to it. Then put it in your own context to paint the picture that I'm wrong. I am happy to have sensible discussions on here with people who have opposing opinions. But not with people who will throw allegations at anyone who disagrees with them. Just going to filter you both out from now.
I think you've missed the point RB.
I posted that article because someone asked a question. And in that article it says the structure of the licensing deals. Most likely similar to future ones. Of course I know it's from 2019 how foolish do you think I am?
Not to mention that RMDE letter was basically debunked soon after by people finding coalswitch in the Canadian IP database and also since it's now fully finalised!
Love that you call me a desperado when you love throwing false allegations left right and center to anyone who doesn't agree with your views :)
JoMOP. I'm not sure but I believe it to be endless.. as long as they keep paying the royalty.
https://www.**********.co.uk/articles/active-energy-group-receives-inaugural-licence-agreement-for-coalswitch--c627aec/
Thanks stifler, and yeah. Rowan said usually small modifications such as the control devices don't need permits but NCDEQ wanted permits changing for it. Whatever the fuss is as long as it's resolved sometime this year that will be brilliant!
It appears AEG are yet to have the emissions data from the Maine plant completed as it hasn't been sent off to NCDEQ yet. Stifler as an engineer do you know how long this process can take it is it completely different?
HKU I very much understand the viewpoint and the experience you have here. And I am very much prepared for the exact same to happen to me.
But as stated I just think that long term the risk/reward is too good to ignore. And I have positivity because, well it's the direction I want the company to go of course! And I believe they will. I know the phrase turned a corner is thrown around a lot. But i think they have. Just differing viewpoints!
But yes I do agree that you do indeed also have to look back. And I have and I very much understand the high risks involved. I just think that long term the rewards outweigh the risk. Especially now that the order is at the Hunter plant. That risk has gone and the SP has hardly budged! All's we can do is wait and see
I would never accuse you of such. It's all just opinion as you say. But yes I'm very much in the positive side and yes your posts come across as negative. But nothing wrong with that and it's a valid viewpoint! You bring up good facts in there. Even as me being optimistic right now I do agree the past is... Less than sparkling...
What you said in that second paragraph is absolutely spot on in my opinion!
For the funding situation, I am of the belief that if they get Lumberton up and running. AEG getting 52,500 tonnes worth of coalswitch profit can make them breakeven and slightly profitable (this is given no obstacles which.. well...). Of course however, they need then further funding for expansion of capacity and ramping it up. I would not be against a fundraise if the share price is a bit higher based on good news. Other possibilities are available. PDI could apply for a federal grant to pay for half of a 50tph and then the JV pays 50/50 on the rest. Chances of this happening? Pipe dream. Other possibilities are PDI funding it and getting first profits until the plant is paid for on AEGs half and then 50/50 profits after that.
The funding situation is, in my opinion, the weak link here. But I'm here because I believe in the company in the very long term.
Thanks for some positivity!
I'm not saying that the people being negative are wrong because they bring up some valid points, all of which common knowledge. They could end up being right. But I much prefer to look forwards than in the rear view mirror. As Seattle said..
And I believe the company has turned a corner and that with the current attitudes, it's the perfect time.
I can't buy more at the moment unless I sell some stuff. So going to wait. If it's still under 0.8p next week I'll too get some more!!
Just gonna comment here saying I too am positive.
Today in my opinion has been good. I know people won't agree with me.. but some of those same people were saying we won't be able make the order in time and what not and now it's there and delivered there is still negatives. I understand where people are coming from I really do. But there is so much to look forward to here.
As for funding we should be breakeven when Lumberton is up and running I believe? That's with the Maine plant profits and without the lumber...
Is it possible for AEG to perhaps have an agreement with PDI as part of the JV. Say the plant costs 25M and the costs are 50/50 as it were with the 5tph.
Could AEG not say something like. They fund the entire plant. Get the first 15M of profits then anything after that is 50/50. That would be big if they can. But yeah. Very much looking forwards here. Back to 1p soon fingers crossed
"we have delivered the fuel to them"
https://webcasting.brrmedia.co.uk/broadcast/60c32b056d0c3357959e3491?s=09