Member Info for ianfellowes

AEG get a mention @ 1hr 45 m. Very bullish about next 12 to 24 months.

https://m.youtube.com/watch?v=pbHZmEyh7Fk&t=6459s

I’ve been invested since the days when the company operated a valve manufacturing facility in Thailand. It’s been quite a journey, but it finally feels like we have a management team capable of delivering results. I’ve increased my position and am hopeful of recouping some of my losses. Wishing the best of luck to both long-standing and new shareholders—2026 could be a very exciting year.

It’s a very positive interview. Once the first site is up and running and bringing in revenue, the company should start generating free cash. That’s a major milestone and should help open up more funding options, reducing the need for future share dilution.

I found this website which seems to have link to AEG, UAE and the jv. Do you think it's legitimate?

https://active-mining.vercel.app/en

The article linked below features an interview with the AEG CEO. It’s an interesting read and highlights AEG’s aggressive strategy of acquiring and investing in new opportunities in the MiddleEast. While this approach could lead to significant success, it also carries a degree of risk. It could be a very interesting few months for AEG.

https://www.proactiveinvestors.co.uk/companies/news/1088716/active-energy-ceo-on-abu-dhabi-grid-asset-acquisition-100mw-goal-1088716.html

I agree — it seems like they’re scaling up quickly

I believe the attacks are targeting high-profile locations or places connected to the US or Israel. Maybe I’m being a bit naive, but I doubt the 8MW plant would be high on their list of targets. Fingers crossed. 🤞

I think the short delay to the UAE rollout will be linked to ongoing discussions with partners and possible updates to existing contracts as the project moves toward launch. These types of adjustments are common at this stage as operational and commercial terms are finalised.

There is also potential for new partners or contractors to be involved, which could slightly extend timelines but may ultimately strengthen the project by bringing additional expertise, resources, or capacity to support future expansion.

I am still expecting news soon. If there were any material issues then AEG would have to notify us through a RNS.

I agree — in the absence of updates, people tend to assume the worst. Hopefully we’ll hear some news soon.

Another encouraging day by the looks of it, with news seemingly not far off. As AEG moves into cash generation and achieves a positive bottom line, a range of new opportunities should emerge. This could also see CoalSwitch playing a role once again.

I'm looking forward to see what happens in the remainder of 2026.

I understand the situation is frustrating. However, if the company is currently in discussions with its UAE counterparties, it is likely bound by an NDA and unable to provide further clarification on the UAE situation until the deal or agreement is finalised. Legal teams are probably involved as well, which tends to slow the process down. This would also explain why the X posts (‘Something big is coming to UAE’) were taken down.

I remain confident and expect an RNS next week, which should clarify the situation and hopefully deliver the news we’ve been waiting for.

Guvnor, can you clarify what regulatory issues you discovered as that statement may well raise concern on a public chat board?

Ladies & gents I have not posted on here for a long time but have been invested in and continue to support Active Energy Group. I gave up reading the criticism and various ramping that was occurring. It seemed more like a school yard than an effective discussion board. Lets just recap what has happened because I think the criticism of Rowan is completely unnecessary.

We all had faith in Richard Spinks and his determination to get Coalswitch off the ground through looking at the whole supply chain. IMO he bit off more than he could chew and Alberta nor Newfoundland helped our cause. We ended up taking on debt to help Spinks chase his goals but nothing really paid off with various hurdles blocking our way. Now Rowan has took the helm and IMO he has done a phenomenal job. He has had to sort out the mess out and focused on what can be achieved with our cash levels. He has rebuilt the relationships with various stakeholders and got new supporters to back the recent placing (which we needed) and keep the business going. Yes we have lost some money as there were no instant wins. But Rowan is not the one to blame. He is sorting out the mess and he is making solid progress in Lumberton. Come on guys. We are going to have a Coalswitch facility operational and we are going to be generating cash! It is time to really watch all the hard work come to fruition.

Zeetruth, very well said. Guys, Aeg is not a one trick pony.Just stop worrying about the daily price movement. Rome was not built in a day. The chatter on this board is painful to read some days. Just relax and get a hobby. The aeg board are working tirelessly on our behalf. It will become clear very shortly.

Let me break this down and use an analogy to help as everything has value to the right person who can exploit it. For example when my washing machine breaks then it has no value to me so I put it outside for scrap with a sign on. At this point it costs me too much to hire a van, transport it to a scrap man, sell the valuable material etc. It is not my speciality and I wouldn't know where to start. The forests in Newfoudland probably have less value to the big FMA players due to many of the issues that you raise and repeatedly so. Therefore this creates the opportunity for AEG like a scrap man to create value out of the opportunity. In terms of the scrap man, he knows where to take my washing machine and which parts can be resold. He will also have a van to transport it. In terms of AEG, it has the technology to use the whole forest and manage it profitably through using CoalSwitch. I expect that we will have a very exciting Q4 and 2019. Newfoundland is one of the opportunities that will inevitably come to fruition. It is not the only opportunity so sit back and relax.

Simple Newfoundlander it comes down to the technology to exploit it. AEG does through CoalSwitch. Please keep up.

All, i was one of the fortunate few to have met with Richard yesterday. He spoke with with such calm collected confidence about the activities of AEG and the coming weeks and months that he calmed all my concerns. He did not share anything that was not publicly known but shared time with shareholders to ensure that everyone understood the progress of the company. I think all ceos/senior managers could take a leaf out of his book! I have the upmost respect for the man and knowing he is involved in the roll out of coalswitch/peatswitch/superfuel is a huge benefit for me. Don't worry about the daily sp movement. Aeg will succeed.

Zeetruth very experienced and wise words

Great find guvnor. Aeg has been involved with metis for years and richard has their upmost respect. I suspect aeg will be a big contributor to Alberta's ecomony in partnership with the metis. This is another great opportunity and domino which is about to fall. For us long term AEG supporters this is amazing to see. We just need to sit back and enjoy the ride. AEG will be huge with Coalswitch, peatswitch and the timberland assets.

I hope you are right. New is and has been imminent for a while now so could be anytime. I will just keep checking till I see the RNS light up.

Good luck all holders!