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I apologise, I misread your message. Never my intention to mince your words!
And if I'm honest. This is the plan B and there isn't a plan C. But at the moment plan B is going okay I feel.
And yeah I believe some has already been dispatched it said on the other RNS.
And I do agree the communication is.... Sub par...
We could have been shown a picture of a truck full of the stuff or something like that.
All's we can do is wait and see. I still believe the reward vastly outweighs risk and have bought more today too. May as well load up while it's this cheap.
Grsshaw, I simply do not see how this comes down to a couple of hours of if we make it or not. The order should take 9-10 days to produce and AEG have 14 (1 day before the RNS because of the article where Rowan said production had started then).
And HKU I agree I feel they should post some pictures on twitter on something or maybe even a video of it producing coalswitch. But that will never change with AEG. I think we should be provided with an RNS on Monday though saying we've made the deadline and it's arrived and awaiting testing. But knowing AEG we will just receive an RNS when the burn is actually complete.
From a bit ago someone said that AEG said via Camarco that we would be informed as soon as they feel they can't make the order. I'm still confident of making it in time and the maths checks out and we should be able do it. Bring on June 14th!
Agreed... Very odd time to sell but hey ho!!
And we needed this RNS to stop the decline and get some confidence back. Wouldn't be surprising if we take 0.8 and hold it until more news about the test burn being successful
Also got to get that Maine permit extended which I assume the process will be underway as soon as this order is done.
Lumberton permits rely on Maine for emissions data so that could also be big.
Let's hope when the test burn is successful we have a double or triple whammy of good news. Maybe announcing another order!
Exciting times
Thanks for sharing Rendj
“We’ve just reached the milestone, the milestone of actually being able to produce the fuel,” he said.
Excuse me but this is extremely price sensitive information why is there no RNS.. I don't even know anymore
900 tonnes
5tph
180 hours we need.
The Lumberton permit application emissions numbers suggest they will run the plant 22 hours a day, 24 hours a day if they need (they have an expected and a max value).
If they have to run the plant 24 hours a day to get it done I think they will.
Even then that will take us 8 days which gives us latest possible date of 6th to have it running..
And I don't even know if we can use the Lumberton numbers and simply extrapolate for Maine...
The clock is ticking very unfavourably. I've said before this is Rowan's last chance to not mess it up.
We will see what happens this week and next week. But I have an idea. No matter what I'll hold though.
NCDEQ i believe is asking AEG for additional emissions data which can't be provided until testing on the plant is done. However NCDEQ won't allow the plant to run until they have the data. This is my understanding. It's all a mess.. however the Maine plant will give the data and will unfreeze Lumberton which in my assumptions has moved to sometime this year...
It's a mess I agree... No way to know for sure what's going to happen. But no matter what I'm holding.
I reiterate what grsshaw says when they say. Good luck all.
Oh also bank holiday Monday... RNS Tuesday morning stating production started at Maine? That's what I'm looking at! Good luck!
Main (no pun intended) objective right now is to get the pacificorp order from the Maine plant. That will prove the product to prospective buyers or licensees. We can expect to see the Lumberton plant running to help supply once the permits are done.
I assume Sorg means unspecified and not unlimited when she says indefinitely.
https://deq.nc.gov/about/divisions/air-quality/air-quality-permits/active-air-permit-applications-status-reports?s=09 download the spreadsheet and you can see that AEG have been asked 3 times for additional information and have provided it. It was 2 times last time I checked a week ago which suggests to me that it will not be an unlimited time as it's very much a work in progress. The plant will be ready as soon as the permits are approved.
One thing I've learnt from my time here is that anything Lisa sorg publishes should be looked at sceptically.
If you want to look at the permit application yourself just Google the permit application number.
Invested here for the promise of the technology. Having the 2 plants from the JV really helps when our capacity will be 7.5-10tph. should return a nice bit of gross profit and revenue and we can look towards the future of further ramping up capacity!
Small bottleneck at the moment is the Maine permit being for an initial 1000 tonnes. The Hunter plant is a 900 tonne order... They need get that sorted ASAP and also hopefully then get Lumberton up and running. Exciting times ahead if we can make it!!!
They are targeting production starting by the end of this month. That is the only information on a deadline.
This plant is 5tph and so it becomes viable produce it in 2 weeks. I believe it is indeed RNS worthy and we should get one this week or early next week.
Good luck next few weeks!
Highly agree Seattle. I think that that, given the pacificorp order is successful, the US listing is exciting! We could be in for a perfect storm with AEG, never know.. but obviously it should not be assumed it will be perfect!
Got a lil bit of time grab some more cheap shares before it all!
Yes crowfoot I agree... Here to discuss AEG and not to be belittled for my age.
So I think the best way for that is to just ignore both of them for now. As said I like seeing other viewpoints. Just that I don't like BS.