Member Info for Bananaman2

no, not all linked to news.

For anyone that is interested the SP is just touching the 200 DMA. Last 5 times this happened the SP bounced considerably.

November 2019 from circa 6p to 30p and most recent was May/June 2020 from 13p to 28p.

Minimum recovery has been 50%.

Let's hope there is a bounce which coincides with some good news . I would love to see a 500% bounce like last November. I won't add where the SP would be then.

investorworld. It would still not be valued in line with its peers at 0.7p. Double that and EQT would be fair value based on projections, growth, proven trch and immediate revenues.

All that and resolving some of the worlds waste issues at the same time.

Did this just get exciting ?

oldtramp. Thanks for the complement. There are plenty of knowledgeable posters on here. Each adds some valuable comments and research.

Its, at the moment, a pleasant discussion board.

SAE have several fantastic solutions to assist with living in a cleaner world. I tend to stick with green tech at the moment. Wandered in to pharma but its just not my things.

Off oil and gas after taking a 40% loss on BP. Just cant see the value in them anymore. My head is telling me that good engineering and green technology is here to stay as its an essential requirement. SAE being better placed than many with such a large and diverse portfolio of projects with significant value.

If they have started looking in South Korea the potential of SAE is just massive. Strategy of the business is also superb. Shareholder centric.

Chunky, almost greedy sized buys towards the end and at any cost. Over 3m shares at 0.63p. Not saying it was a panic buy but someone just wanted in before close.

Just jumped. Couldn't get a price to buy anything but was offered 0.5925 to sell.

aandi. Like it !

Wololol, I have a cash balance of £213 in my HL account. It wouldn't be worth the £8.95 dealing cost.

I transferred over some of my ISA allowance yesterday and transferring the balance today/tomorrow.

I am not sure there is any reason for a drop, just creating a market. There are mainly buys again today with the odd large sell.

This still needs a bit of traction and a decent update then it should fly. Just not quite enough pressure. Still, that is why its a good time to get in.

Some of my best buys I entered when there were only 1 or 2 trades per day. They gain a bit of interest and then the MM's open it up.

Desmond45. I have heard that somewhere before ;-)

Sometimes you have to go with your gut. I share your optimism.

Nothing wrong with that !

Yes. Perhaps. ITX is gaining a bit more traction on twitter. I just think its well under the radar and the MMs need to create liquidity.

Longer term holders may be seeing this as attractive exit after a rise from the bottom (if they averaged down from the 20p plus highs that is)

A little contract wouldnt go a miss. It is August though and a quiet month.

DD77. Some good information on here along with links to interview and research/analyst notes.

Best of luck.

Oldtramp. Looking at this again,

Sub Coal Pellets will cost Uskmouth power station £4M/T

Whilst Coal is £70M/T

The Gj/£ comparison is 5Gj/£ for Sub Coal pellets and only 0.38Gj/£ for Coal or they can produce 13 x the energy of coal for the same price.

So the sub coal pellets are clearly much much cheaper than coal. Certainly based on UK figures.

Plus the N+P partnership will charge a gate fee per MT of waste greater than the cost of manufacturing the pellets, of which SIMEC will receive a percentage of the profit (assume 50%).

As I said, its a 'win win' and not only are the sub coal pellets cleaner than coal, resolve land fill issues they can also produce the 220Mw capacity at a fraction of the cost of coal.

In other words its a win win for SIMEC even if they only have half the profit from the pellet manufacturing partnership.

Oldtramp. My take is that N+P will charge the gate fee of £X/MT and manufacture the pellets from the waste at <£X/MT. The greatest revenue from the pellets is likely to be from the difference in the gate fee and the manufacturing costs. The charge of £4/MT seems to be a nominal fee but may only cover the cost of admin and transport perhaps.

The cost of fuel being significantly less than coal or biomass will improve the margins for power generation at the Uskmouth end but what is really interesting is that for each MT of fuel used and supplied by the partnership SIMEC the cost to SIMEC is zero and would actually be positive.

The whole set up is sounding incredibly profitable from the fuels manufacturing partnership being paid a gate fee greater then the cost of manufacture to the nominal fee for the fuel to run the station creating greater margins.

Imagine this same model x 10 in South Korea for starters.

Yes, been seeing that a lot. Whats that all about ?

Harry and oldtramp. Also agree with wow.

In a previous interview it was described as a 'transformational period' this is along the same lines.

Tim appears to be a very sharp guy and is certainly getting the message across to the market. Even considered the shareholder value buy using an equity bridge.

10 coal fired station closures in South Korea are potentially 'white hot' whilst the relationship with Hana looks like developing SAE in the South Korea region in some kind of partnership with the financer.

Very very exciting.

They love the smoke and mirrors.

Buys at 1.844p shown as sells.

Nice activity today.

Average volume is up about 100% for the last 5 days. This is also very encouraging. There are clearly people moving on but new investors moving in. Great to see some stock churn and some stability. No spike required but expecting a move to the mid 2 p's within the next 10 days. 3p within a month or shortly after. Just gut feel, nothing more.

Its where it should be for the time being. Will need further orders to confirm they are capable of delivering the business. 22p plus is not out of the question with a little nudge from next bit of positivity.

Absolute gem.