Member Info for Bananaman2

not Itaconix but the use of Itaconic Acid in products is rapidly growing market. Great for Itaconix and their patented formulation

https://www.cuereport.com/itaconic-acid-market-37037/

Its also the fact that SAE will be generating real revenues from Uskmouth within 24 months.

A very real and imminent prospect with a very diverse portfolio of projects.

keltickilla. I do agree with what you are suggesting. In respect of a more realistic and practical solution. Using existing infrastructure to burn waste derived fuels may not be as green as hydrogen but it certainly doesn't need the development and upscaling requirements of new tech. It resolves several issues now.

The thought of this doing an ITM is very exciting and not unfeasible.

sitiain, I am trying to decipher what you have said. Without sounding impolite are you saying that trade volume was 7 m shares today ?

It was closer to 11m traded. Which is high volume for SAE and I would epect that the average will now be higher miving forwards to financial close of Uskmouth.

Second part - I think you are agreeing that there is 'so much more to come' and suggest that if an II wanted to take a stake then there really could be a whole lot more ?

SAE recently completed a fundraise through accelerated book build. There would have been an opportunity for IIs to invest at that point. There are also IIs invested in SAE. But yes, if IIs continue to add or take a stake in the buisness then it is very likely to go much further in respect of SP.

wololol, £15m seems fair for the company in its current state with no further news of contracts. The SP would need to settle at around 3.5p which really doesn't sound unrealsitic.

If ITX, in the meantime announce further contracts, which listening to the CEO sounds very imminent or at least larger contracts to the same customers, the company value could very quickly surpass our expectations. £15m MCap may not do it justice for secured contracts on a product that only ITX can make and own the rights to.

There is significant value in the IP.

SBuild. I would love this to reach £1.50. As the Uskmouth conversion de-risks into financial close it will certainly be much higher than today.

Let's wait and see where this goes. There are going to be people looking at this over the weekend. SAE solve many issues with Uskmouth, one being reduction in waste to landfill and the other being a reduction in coal fired stations.

Tidal side also has the potential to be massive. My head is telling me that SAE will be worth billions down the line. Partciularly if they can line up more conversion projects in partnerships, JVs or on their own.

Lesser. You are right. I was just looking at the lows of the fundraise. But yes, the fuel test was confirmation of the project.

I wonder what would happen if the MMs actually gave you an offer on the ask for any large volumes. Part of the issue being that many have perhaps tried to buy and its gone NT.

I think coiled spring is right. At some point they will have to push this up and open the flood gates.

I dont know anything more than anyone. Just got patience and belief. Doesnt mean I will be right.

Waiting is easier if you are positive.

I work on the basis that 'no news is good news'

Chill out, its August. Things will start moving soon. They really have to and we should feel confident they will. £31.6m can go a long way.

1 month exactly on Monday without a whiff of info or update.

How does that make you feel.

Me, I think they are working very hard to secure those deals that wanted physical units.

2 months since the fundraise. Do you really think they have done absolutely nothing after the biggest cash injection in their history ?

AB knows that the rest of this year is critical and I am confident they are going to perform.

Next RNS will be transformational ! That is a gut feel before anyone feels the need to comment.

I dont doubt you or that the SP will be many multiples of this by Christmas.

I imagine that the panels can also sit on the verticals of buildings. Providing there is sufficient access to sunlight. Verticals can provide plenty of area for PVs when you think of London buildings or innercity sky scrapers. Traditional panels are just too big and cumbersome.

Just cant cover the windows.

oh look. Hiding some of the buy trades again.

There's your trade in the red.

You didnt sell Feeks did you ? ;-)

Its proven tech and commercially viable. Resolves the land fill issue to a certain degree also.

But the tidal sector is also brilliant. We should not forget that !

Positioning for the inevitable eh Feeks ?

You must have a few now ?

Good for you. Best of luck !

This is a longer term hold for me. Not interesting in trading this one even though you will find some that play the peaks and troughs.

If you have a high average, then the paper loss is now being recovered. There is still a long way to go before Uksmouth is factored in to the value of SAE. With each new piece of news the project will be de-risked a little more. Planning and environmental consents, EPC award and financial close will be transformational and should see the SP much higher than it is now. Once complete and generating revenue the value of SAE will not only be based on its assets but on its revenue and profit potential and should see it go higher.

I am starting to think much bigger than the 77p valuation assigned to it by the broker. That was a current value based on EV. If there are future projects in coal replacement or development and growth with tidal SAE could be massive. Potentially worth £1bn or more considering its assets, revenue potential and growth opportunity.

Things should start to unfold now.

MM's will need to provide greater liquidity. Too often its difficult to buy and sometimes sell. The next few weeks will be interesting as this should return to fair value. Based on no more than gut feel I would say it could settle at around 3p which would be at the top of the trading range for ITX without further validation by contract awards.

These will come but its a lengthy process. I wouldnt expect them to be for peanuts either.

morning chaps/chapess's. Next close target will be 2p or higher. Still would look reduculously low in resoect of MCap.

A bit of twitter posting yesterday from Zak Mir sparked a bit of interest. We dont necessarily want this to spike up or it will come back down just as fast. Just some steady correction until it reaches fair value at around 3p then pending further news it could go much higher. Thats only my My opinion.

Yes. There is a high number of these in very sticky hands i believe.

A correction has been well overdue. The placing, although not at a favourable price for the business was actually the start. This was accompanied by the N+P partnership which is a stroke of genius, protecting fuel supply for Uksmouth and enabling them to develop more facilities should this conversion take off globally.

Let's not forget to be a direct replacement from coal takes a little bit of proprietry tech which SAE have mastered.

I can see this being done at a number of coal fired stations around the world with SIMEC as owner or project consultants. Either way, adding this to the several tidal licences they own they really are going places and its no wonder there are not many shares available. MMs will be trying to free up shares as we go, providing some liquidity.

Hope you get some at what you want to pay. This is perhaps still only about 1/3 of its current net EV.