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Hi All - been doing some more surfing (the internet type - my hips couldn't cope with the other) trying to make myself feel a bit more comfortable and found this. Apologies if already aware but just thought I'd post. It doesn't mean everything is gonna happen but it does actually show that they have been actively involved rather than just talking:
So I checked the RNS regarding Burwell: https://www.lse.co.uk/rns/CRCL/update-burwell-battery-storage-project-q6j9kmzxoax6l62.html
Then checked out planning applications for 70 Reach Rd and found: https://pa.eastcambs.gov.uk/online-applications/applicationDetails.do?activeTab=documents&keyVal=QDK22PGGFGM00
The DC Report for this application https://pa.eastcambs.gov.uk/online-applications/files/092146243EABD5E7602EB2A4A9BA971D/pdf/20_00919_CLP-Officer_Report-1146296.pdf which has been approved shows the agent as Weirs Drove Battery Park Ltd.
Looking at gov.uk I can see that this company has now changed it's name to WEIRS DROVE DEVELOPMENT LIMITED and the director of this company is Scott Kaintz : https://find-and-update.company-information.service.gov.uk/company/12213998/officers
so looks like they have been actively involved in getting the planning sorted for this site - I wouldn't think they would do that if they were not getting something out of it.
So slightly more comfortable.
hope it will go soon .... the problem seems to be that they have so many pieces of news that are 95% positive but they have yet to get anything over the line. It's always a case of "This is what has happened and now we are going to look at doing this" but the last part of the puzzle just never happens:
wowo - great news but dependant on licensing surely.
peakers - where is the financial close.
Burwell - where is the confirmation of agreement with new land owner.
Just one of these would send it upwards .... but that carrot just keeps being dangled.
Before anyone accusses me of de-ramping .... I'm holding with more than 1.5 %
It's just frustrating that they can't close anything.
GLA - hold (or buy) if you can.
Found it,
https://company-announcements.afr.com/asx/rmi/37478129-15d6-11ec-b29c-c648ac6c78c4.pdf
Hi Metalhead25 - re " I would imagine we need both PNG sites fully permitted before the above will progress"
Have you seen anything on this ? - last thing I found was that the exploration license renewal had been postponed because the warden couldn't get to the meeting due to a Helicopter transport issue .... haven't seen anything since so don't think a new date has been agreed for the meeting.
Took the words out of my mouth aston.
On the brightside:
RNS next week re wowo gap ..... something I suppose but not convinced that will do much to SP
Last RNS for Burwell was 16th September ..... getting on for 3 weeks now so would have thought they would put something out soon otherwise its starting to look like they are trying to keep their SP stable by association and it's never going to happen.
There is always financial close on the peakers I suppose......
Very poor communication - still getting the daily tweets from corcel with yet more hype by association.
I'm thinking of floating a space exploration company and setting up daily tweets showing pictures of other companies rockets to kid people we have something worth investing in ....... anyone in? :^)
That said - I'm just venting and I'm sure we all feel the same here...... I'll hold for more half truths.
Yeah, I agree Torreaguas - possibly some people getting in to make a little when the wowo news comes next week.
But if there is no Burwell lease or financial close then it will probably slip down again I guess.
Still - nice that we can definitely look forward to some news on something very soon :^)
Hi all - does anyone have any opinions on the potential SP ?- assuming positive news on all fronts of course.
I've been in here for a long time and it's nice to see it slowly creeping back up in the right direction but struggling to come up with a potential MCAP for this company based on licensing deals and 2 fully operating sites - wow - I'm astounded by my own optimism this morning :^)