Member Info for karny

last updated 5th july https://www.aegplc.com/shareholder-analysis/ . note top share holder linarus fze is a dubai investment company holding over 12%... interesting, but why?

Ahhh right, missed that, so its more like another reference plant for prospective customers and we could buy it back in the future (although I hope they dont as pdi seem a capable bunch, unless there's a change at the top here)

27/5/2022 audited results rns:-
Non-current assets
As part of the December fundraising, AEG acquired the remaining 50% of the joint venture from PDI. Know-how of US$400,000, acquired during the CoalSwitch® production period, was recognised. Going forward with the construction of the CoalSwitch® facility in Ashland, AEG will own 100% of the assets and operations of the facility.

There does seem to be a bit of confusion on this... but according to the full year results, quite far down in 'non core assets' it states in the december 2021 fundraise we bought out pdi 50% part of ashland and own 100% of the venture, all the equipment and operations there belong to aeg.

That last part is very important halving the costs of taking them out as it has been a big issue, I do hope it means faster which is also a problem.

I know it was a prototype to show case coalswitch but it produced more pellets in that brief period in 2016 than in the following 6+ years put together!!

That's interesting that an Institution would take them, if that's the case

Coalswitch was definitely being produced in utah, I remember lots of us watching the live presentation where there was heaps of the stuff everywhere, impressed potential buyers , how excited we all was, aeg was really going places. That was very long time ago though :(

Next agm in December ish, you can't just rock up as rowan doesn't like investors attending so will be done remotely again and questions would obviously be avoided.

It's taken 7 years to get this far. since the 1st coalswitch was produced, so there is no hurry, I think the next thing we should do is get it tested again in utah just to see if a 3rd test gives the same results as the other 2 and that's something AEG can actually do well!

Nice to get a new t-shirt of how good coals witch is from extensive testing at the utah facility as my last tshirt from a few years ago of how good coalswitch is from extensive testing at the utah facility is looking VERY VERY TIRED and tatty..... Better than the big mug I'm currently expecting though!

Good find, that's what the turbine industry needs a rapid deployment and maintenance system, it should of been looked at sooner in this Industry though , hopefully a tie up with atlantis in the future as they have stolen a march on us for this.

'Immediate' in aeg terms means look at it within 5 years. I think allenby have had a dig at aeg in a previous report saying along the lines of needing to be proactive.

https://cleantechnica-com.cdn.ampproject.org/v/s/cleantechnica.com/2021/11/15/harnessing-the-power-of-the-tides-in-scotland/amp/?amp_js_v=a6&_gsa=1&usqp=mq331AQIKAGwASCAAgM%3D#aoh=16372477372394&csi=1&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fcleantechnica.com%2F2021%2F11%2F15%2Fharnessing-the-power-of-the-tides-in-scotland%2F

https://renews.biz/73352/tidal-could-supply-11-of-uk-electricity/

No such thing as a royal banker its a play on name for a royal wan...

Not sae but.......... https://www-cnbc-com.cdn.ampproject.org/v/s/www.cnbc.com/amp/2021/10/26/2point35-billion-tidal-lagoon-project-with-underwater-turbines-planned.html?amp_js_v=a6&_gsa=1&usqp=mq331AQIKAGwASCAAgM%3D#aoh=16354165533305&csi=0&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.cnbc.com%2F2021%2F10%2F26%2F2point35-billion-tidal-lagoon-project-with-underwater-turbines-planned.html

I wish we partnered them 5 years ago after the utah testing, when they wanted us to start supplying them!

Got to admire the liberty in that, my favourite parts are 'successful period'!!! and 'from conceptual technology to production ' so lets forget we was producing the stuff in 2016 with the same equipment and test results from the same place as last time.... time to take a bow for this!

Its not new equipment thats broken down its the original parts from several years ago ( probably been left rotting away)