Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
See JV arrangement with Lumino:- Vertically integrated agreement to procure finance, develop and operate an initial eight CoalSwitch™ Plants located in Vietnam, the Philippines and other South East Asian countries · Lumino will raise finance as well as source the supply of woody biomass feedstock and appropriate offtake agreements with potential customers and end-users throughout Asia · Lumino is a subsidiary of global financial institution Solariant Capital LLC ('Solariant') and has a proven track record of developing, constructing, financing and generating utility-style renewable energy projects https://www.investegate.co.uk/active-energy-group--aeg-/rns/agreement-to-roll-out-revolutionary-biomass-plants/201709210700053610R/
funding position is fine for short / medium term and expect long term expansion financing arrangment to be completed with investment partners e.g lime Asia in unison with the backing of offtake arrangements and revenues First delivery of Coalswitch next month
It wasn't low volume it was one of the highest in 52wks which indicates interest is rapidly growing
JV will take care of Asia
All points to this being finalised shortly after the demo, according to recent interviews. 1.2m hectares. Significance of this is explained well here:- http://drmaccers.blogspot.co.uk/2018/01/aeg-update-upcoming-newsflow-so-whats.html?m=1 The RNSs also explain well.
Thanks for the link :-) started listening last night will finish off today.
US was mentioned i'm not sure about elsewhere right now - The interview was long before the wider global plans that are now being persued. The chairman's main background is as a law professional with a very impressive cv so i would expect the necessary global ip provisons will be either be already in place or implemented as necessary at the appropriate time.
CoalSwitch is patented in the US. Just saw during an interview. This is really important.
Daniel Kim, Lumino Managing Director, said, "We believe that CoalSwitch™ is a game-changing biomass product that has the potential to transform the energy sector. We have been involved in the renewable energy sector for years, developing, constructing and financing renewable energy power plants and pellet mills across Asia. We see this Agreement as a terrific opportunity that works to our strengths and leverages our position and contact base. I am looking forward to working with ABS and being a part of the forthcoming commercial roll-out of CoalSwitch™."
Highly recommend reading this RNS from 22 sep 2017:- https://www.investegate.co.uk/active-energy-group--aeg-/rns/agreement-to-roll-out-revolutionary-biomass-plants/201709210700053610R/ The plan with them is to have 8 plants constructed in H1 in Asia 2018 producing 1.5m tonnes of CoalSwitch per annum. And i love this paragraph:- "Lumino and its affiliates will also supply woody biomass feedstock that will be used in the plants and processed into CoalSwitch™. Lumino will also source long-term off-take agreements with entities in Japan and South Korea, including two biomass plants currently under development by its parent, Solariant."
High margin, scaleable quickly and globally, solves multiple significant global environmental problems and most importantly the end product it is unique and hard to imitate. This has all the hallmarks of a unicorn growth stock.
Profit Margins must be incredible also as the noted feedstock sources are currently 0 value or in many cases pure liabilities for land owners.. i.e waste that costs a lot to remove / process. Win for feedstock suppliers Win for environment Win for AEG And hence ultimately win for shareholders.
VRS is an interesting comparison. It essentially 10 bagged from october 2017 over a few months to reach an mcap of ~£150m on what is essentially based around new application of innovative and unique material...... but very little in the way of revenue. The potential alone drove it to 10 bag. So bear this in mind before selling yourself short as i believe the ultimate potential AEG has a business is far superior to that of VRS. And when the wider market and international investors cotton on to the true potential here & the fact that it is now massively de-risked and very advanced in the process of realising global commercialisation.... well the sky is the limit!
We could even get some kind of deal announced before ... would be great for the PR side during the event.
http://www.aegplc.com/advanced-biomass-solutions Good read explain more about the technology
Also the fact the mayor for that region is on Twitter singing praises for Coalswitch is a HUGE seal of endorsement
Yes this has been majorly de-risked by the 2.5 years of lab testing at Utah university and the recent successful plant testing. I envisage some very significant near term commercial developments and throughout this year.
Yep the clues cannot be any clearer! Fireworks over next few weeks as newsflow can drop any time and from any angle
The success AEG is having in Utah really will set the precedent to trigger the order books. The CEO has put half a million of his own money into which says it all quite frankly.
There is a 1 week long commercial plant demonstration in Utah where it will be up and running to show gov officials, forestry companies and saw milling companies - some of biggest in the world. "Huge interest" Another interesting point from doc's inteview is that they are delivering first material to a very large Utah power plant in feb - they successfuly conducted 2.5 years of testing at university of utah testing labs etc..... So upcoming newsflow will be big offtake deals, feedstock supply deals etc etc I personally really like the modular and quick scaleability This is right at the inflexion point of serious value creation