The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Sneak preview... https://www.lse.co.uk/rns/AEG/aeg-coalswitch-test-results-detailed-information-zgfid4ayxyvwltp.html
I wouldn't assume licensing agreements will come because of the test burn as we had a successful testburn 5 years ago and had as usual loads of interest from companies and governments blah blah blah and we got ZERO orders!! 5 years later lets wait for a successful testburn again, shall we wait for 2026 for the next testburn, theres plenty more t-shirts left.
The company keeps turning corners, so in many infact its a circle!! On saying that this s is the 1st time they have EVER hit a deadline even though it was another party getting it over the deadline and im looking at these guys doing things and making a go of coalswitch even with giving half the profits away 50% is better than 0% over the last 5 years and hopefully others will look at how they get things done
& speedily too(probs get a lot of orders for them) and follow suit and this is no thanks to the incompetence of Aeg themselves
That SERF fuel in power mag article using low grade coal waste, sludge and biomass. The European union very impressed,if only aeg developed a super fuel coalswitch mixed with coal waste with better results than theirs, maybe have a polish partner with the knowledge and expertise to push ahead.... Oh we did... .
Whilst we under this heading lets research how long it takes to build a plant at lumberton, is it more than a year? (with most parts already there) and a plant at maine is it a few weeks or a couple of months?
We HAD had a polish partner , aeg develop a super fuel, coal dust mixed with coalswitch with
Which they cant use or getrid of, with fantastic results better than coalswitch with wood fibre, it ticked all the boxes with the eu authorities for a grant ... Aeg couldn't get it started because eu were dubious about our financing for the rest of it, that's another failure
Interesting fact,-licencing was not rowans idea he was totally against it, they only started doing it as a major shareholder afew years ago went balastic and was going to make him wholly accountable for the way the company was being run. Shame there wasn't a return match!
Most long-term holders, would agree with pf as its dejavu and everytime new posters join the club when something allegedly is about to happen wetold this time its different and whyare we so pessimistic. Longterm holders love the technology, hate the running and false promises of aeg, so far under water to jumpbut live in hope that they can fluke something good here for all our hair pulling over years
Working around the clock?? Aeg?? 3years since the very movable coalswitch plant was switched on and moved to a new location, the only way they work around the clock is, 9am breakfast, 10candycrush,11s, 12 lunch, 2 dinner,4 pub then call it a day!
They put in rns 'no later than ' due to the fact aeg have never ever done what they set out todo and delivering on time will show how reliable and competent aeg are , they won't be messed about! There probably is a bit of give on delivery but they'll make aeg jump through a lot of hoops first as punishment!
Even though i have been corrected on the month the Plant would be completed(everyone said april) , its still on schedule on my original time line - end of May and will take 17- 21 days to fulfil the order,so i won't panic until the last week of the month, but it looks like it will start earlier than that anyway.