Member Info for Danyo11

Yes the three successful sites already have planning permissions.. I would guess that in order to be considered, the process requires this stage to have been completed as a minimum

The final capacity auction awards are not due until the 22nd - possibly will have to wait until then?

Is that recent sell of 818,000 shares actually a buy? Seems madness to sell when on the cusp of good news which is likely to be a the first major nod to the company's business model, ability to win contracts and ultimately generate income.

I am afraid this is simply the nature of the game as far as the power generation business goes (however it is generated). There will always be local NIMBY opposition - even to green sources on accounts of visual pollution ect. We will win some and lose some! Fact remains UK is facing a chronic power shortage in the coming years which needs to be addressed - positive news in the Autumn Statement RE incentives for diesel generation is testament to this.

Things have gone a little quiet here since the AGM - had expected some activity either way post the meeting, my view would have been a little kick on, particularly after the positive RNS clarifying the deferred share allocation and the additional planning permission announced last week... Do we see a longer road back to the 2p mark again??

Yes sorry 100m. Planning decisions would be good in the short term as would any updates on civil construction phases. Medium term I have no doubt that there will no issues with planning being passed - each site appears to have been carefully and sensibly chosen for their suitability, coupled with the growing strategic importance of flexible generation. Funding also in place to construct so no issues here either. As someone has mentioned before I think the removal of EIS is a nod of confidence to ability of this industry to generate returns - again, positive. As I mention below we just need to bottom out resolution 6 - do whatever is going to be done + confidence will build from here...

The share price has taken a severe tumble from the 2p heights only a few weeks ago. The surge in price was largely down to the statement that there would be no further share dilutions here. It has slipped again due to the fact that this main driver has been somewhat undermined - for me, there is no doubt that the business case remains as strong, if not stronger (given a further site has been give PP) than before - I fully intend to buy in further, however there is a level of uncertainty what will happen to the SP once the 1m deferred shares are issued. It could drop further which is only thing putting me off buying today!

Am I correct in my understanding that capacity auctions take place once annually (Dec) - which are four years ahead of the actual planned delivery date of said power!? PPG have 2 sites now with planning permission - meaning that technically 2 sites can participate in this years auction. My concerns are around timescales of any generation of income from this stream. Given that we have two sites only, which (if my understanding above is correct) and assuming they are successful in 2015 auction, will not deliver any power until 2019!!?? Any other sites in the pipeline but not passed for planning before Dec will then have to wait at least a further year to complete this process Could someone clarify this?

More of the right kind of news story for PPG! http://www.bbc.co.uk/news/business-34723259

The timing of the content of yesterday's RNS whilst not ideal does not appear (in my opinion) to much alter the positive fundamentals around this business which has driven the SP to date. Whilst the Chairman's promise of no further placing was a little misleading, it is not fundamentally untrue - the 1m placing shares are clearly provisioned in the 2014 admission document. It appears the strategy has simply morphed a little to accommodate changes in accounting principles - the values o the balance sheet may shift position but will not fundamentally alter the value of this company. Where I would like more clarity is on where the additional staffing costs are coming from - and very importantly - some solid updates on planning applications + where precisely the delays in the business plan alluded to are seen to be coming from!