Member Info for bottom_feeder

Excellent idea Seattle. Here's hoping they respond/act positively.

On a positive front (assuming AEG are planning ahead)

1) Plant construction, testing & commissioning should complete within 3-4 weeks

2) During that time period AEG set in place plans to begin receiving Feedstock within 3rd-4th week.

3) Ignoring a few hiccups Lumberton plant begins generating CoalSwitch [CS] Stock in week 4-5 (5th-12th July)

4) Lumberton Building capable of storing a very large stockpile and AEG begin to stockpile [CS].

5) for every 1 tpa @ 20/7 and $80 profit per ton gives a nice $11.2K per week.

6) AEG manage to establish a contract within the 5-6 weeks for an initial small test run with a Power Company who have multiple Incinerators and are willing to utilise one to conduct full-scale 24/7 viability test.

7) Test run completes in/around week 7 (around 19th-26th July) and results in an initial 1 year supply agreement (may indeed include caveats to Power station allowing them to terminate if product fails to cut the mustard over longer term). First contract likely to favour Power company.

8) Week 8-12 (August) other Power companies get wind of the efficiency & cost benefits of the initial Power company and begin talks with AEG between Aug-Sep.

9) Between Sep-Dec, 2-4 additional contracts signed with new Power companies - and first Power company requests an increase to the initial contract to utilise [CS] in further Incinerators.

So, my guestimate, if AEG get their fingers out is they initiate Stockpiling in June-July; obtain a 'Beta' contract before August. further New contract(s) (between 1-4) are signed.

With the above in mind, AEG should be hitting a revenue stream that begins to make them cash positive with a view to begin reducing their overall net debt.

So July-September in my view is the 'Hump' period.

This all depends on the AEG BOD being proactive - and making the REAL decision to commence stockpiling in end of June to early July.

Remember they also have the Test Reactors to produce [CS] in the meantime (does anybody know what the output of the Test Reactor is and how many do they have - AEG refers to Test Reactors, implying more than 1)?

Squadron* : once again you revert to casting scurilous accusations regarding my state of mind and my lack of good will etc.

Attemptiing to infer I my "life experience" is doubtful or that i am being malicious is nothing short of slanderous.

As you have shown that you debase everyone it shows your immaturity and obnoxious character.

As such, I have no desire to converse with you anymore. There are clearly more mature, informed and well educated people on the board who are worth conversing with.

P.S. I hope you have nice day (genuinely - whether you believe it or not)

Nagy, Poker* : Whatever :-)

Okay

AEG have stated that the name of the Timber supply company, with whom they've signed a 5 year contract with, is to be advised shortly.

How shortly, and why the delay is somewhat unknown but I guess many will claim its to avoid AIM rule violations blah blah.

However, Its time for a bit of fun as to guessing who it is:-

Personally, I'm looking forward to the 'big' announcement that it is:-

TIMBERLAND (oh that would be so funny - and rather ironic : FUBAR comes to mind)

Has anyone just noticed something go wrong with AEG share price!

On my portfolio real-time display it was showing AEG up +25%..... but it has just now bombed into negative territory?

Remember the old adage...

As yet the announcement only states that a take-off agreement is 'UPTO' 800,000.... there is no 'minimum' quoted and so as yet no guarantee of maxing out the Plant production rate.

I, and I suspect many others on here, will wait until AEG 'actually' begin delivering - maybe M Rowan will give a public appearance and be seen pushing a wheelbarrow of CoalSwitch through the Customer Gates as a PR stunt :-)

Gassed: Bugger off. Why?

There are worthwhile, supportive investors on this site willing to share and cooperate to the mutual benefit of all.

Whereas the likes of you PotPot and Nagy are simply showing your true colours and are nothing more than wind-up merchants, rampers and scheming all the time.

At best you are all an inconvenience, at worst you are all jokers - the laugh really is on you "Stooges" - yep, sounds like a fitting name and analogy for you 3.

As for the latest 'News' release, as I say; utter incompentence by AEG OD. Not even able to move what is essentially a very small plant within 1-2 weeks. 9-10 weeks - ha ha........... May its the real story of the Tortoise and the Hare :-)

And..... they don't even have the engineers there to get it operational until weeks later - what a diabolical shambles - this is NOT good news! It only goes to show that the AEG BOD really don't care that things go slow, as long as they get their salary, expenses etc.

The AGM is going to be fun

Rubbish! again from likes of Potpot, Nagy and Gasebag.

If you have a link to the so-called info regarding MR being in US then share it..... otherwise you are all just wind-up merchants and a waste of space on an otherwise useful forum.

So pathetic that you think you're actually providing a worthwhile contribution to the human race... losers :-)

As for AEG blowing the commercialisation of this enterprise, well..... the fact its taken them 9-10 weeks and still don't appear to have moved, commissioned and started the plant is testimony to their sheer incompetence and Sloth-like mismanagement.

good luck (to genuine investors only) :-P

I've now sent a 3rd and final request to AEG via their website for a vote of no-confidence against Mr Rowan. I've also indicated that I'm now contacting Aim REgulators regarding what I consider to be unethical and unprofessional behaviour by the AEG BOD that I believe are detrimental to shareholders. Although AIM Regulators do not normally want to get involved in such situations regarding corporate guidance, I believe they should investigate as it is clear that AEG has no intention whatsoever to conduct themselves appropriately.

I sent the following message which I hope others who feel like me will copy and send in support via www.aegplc.com/contacts page:-

**************************************************************************************
Sent 11:23 30/05/2019

Hello,

I have sent 2 previous messages indicating my formal request for a vote of No-Confidence in Mr Rowan and, in the event of a successful outcome of the vote, that Mr Rowan be removed from the BOD immediately.

As yet there has not been the slightest response to my requests, not only to my No-Confidence request but also to the 9 previous messages requesting information about the Utah and Lumberton sites.

It is NOW BLATANTLY APPARENT that the AEG BOD are unethical, unprofessional and BLATANTLY REFUSING to acknowledge or respond to legitimate Shareholder requests.

It is also clear that the AEG BOD refuses to comply with its so-called Corporate Governance rules and guidelines - a complete diabolical attitude indeed.

As such I now also intend to sending copies of all the messages including dates that I have sent via this web contact page to the AIM regulators requesting that they investigate AEG for what I consider to be Unethical, unprofessional and irregular behaviour.

I believe the inaction of the AEG BOD to both mine and other Shareholder requests, that I am fully aware of, represents a very clear damaging effect to the financial status and wherewithal of present and future shareholders.

The utter lack of appropriate Corporate Governance is indicative of a company failing to consider the impact of such behaviour on shareholders and detrimental to their financial position.

********************************************************

Lyrics from Beatles song.

The reason I mention them is that AEG have now truly surpassed their proposed 8 week period for completion of the Utah plant transfer to Lumberton. I therefore wonder if the BOD were basing their projections on an 8 day rather than 7 day week?

Although I doubt they would be so clever. It seems to me that they are utterly devoid of ethical and professional behaviour; particularly wrt keeping any shareholders informed.

I now have no doubt that the slimy Mr Rowan and his cohorts are likely trying psychological skullduggery by delaying news until 1-2 weeks before the AGM; so they can 'a peace' the growing hoard of malcontents baying for their blood.

I still haven't had any response regarding my last 2 messages formally asking for a vote of no-confidence in Mr Rowan and other BOD - I guess Ethical standards have slipped below the Plumb line and entered the bottomless pit - where Rowan belongs (IMHO)

Time for Rowan to go - regardless of any future/imminent news.

Wow!

Know we know who's going to be joining their local "Millionaires club" before us :-) :-)

Good luck LN and I hope its sooner rather than later

A week! blimey! talk about slow!!!

If Halifax charge larger fees and even a yearly fee you might want to consider moving broker :-)

Yep, Wall seems fine - I think I even heard it laughing - or my imagination.

Cotswold Stone, 2ft thick, 9ft high - almost as thick as me :-)

Sorry for the 'snappy' response early Brad; I've a lot of back pain from falling off my garden wall yesterday so in a bit of a grump :-)

Apologies

Me too - 19.87% via X-) ISA account : hence why I just said under 20% (<20%)

Seems there's a slight difference between account types.

I wonder if there's going to be subtle differences between Brokers :-)

But almost 20% isn't bad - it does mean however that there were a lot of Offer shares not taken up maybe some have given up on taking offer in hope of SP dropping below - or don't have funds/want to invest further.

Although you say Spinks has a direct line to Rowan, it may be that Spinks has been getting the cold shoulder like so many other shareholders.

Hence Spinks may be well and truly pee'd off with Rowan and the rest of the BOD.

Go get a life Bradsmith. You talk utter rubbish.

I don't post info that's not factual.

I know its below 20% at least for me because that's what I received in Excess shares based on my XO account update.

Instead of questioning facts - try supplying some. As for on video - You must of seen my starring role in Blue Planet II

Looks like excess share applications restricted to under 20% of request - sob

not a dickie bird