Member Info for Kiwi69

New collaboration with SBS in Thailand with potential for 450MW of consultancy work and turbine supply. A long way to go, but a comparrison to someone like Vestas but for ocean renewables doesn't seem like too much of a stretch.

The only thing holding ARL back is the upcoming CfD round. If they can secure a good slice of the pie (which I believe they should), then they should be back around the 80 mark.

Ignore Stroma. He's not even worth your breath. 1a is complete. The technology is proven. I recall a conversation with Tim Cornelius at the end of 2015 where he mentioned that another significant derisking event would be after the turbines had been running for 10,000 hours. In the meantime loads of good things going on around the globe for them and their venture into floating wind is another great risk spreader. Phase 1a should give them massive credibility going into the CfD auction in April and expect the share price to get closer to £1 should they get a good piece of the subsidies for 1c.

If someone can give me a logical explanation for this dive I'll give them my stake Atlantis.

Olympic Ares back at work! This could well be the final instalment. Exciting times.

If you had been following twitter and/or MarineTraffic.com you would know that they had clearly installed a minimum of 2 turbines (possibly three). All looking good here.

Like any good energy matrix diversity is key. Spread the risk against policy change which is renewable energies biggest threat. Looking very good as a medium - long term hold

MarineTraffic confirms that the Olympic Ares is back at the project site! I'm going to take that to mean that all the testing/ any issues from turbine #1 have been resolved and won't be major issues. Full tidal stream ahead!

As long as the UK is in the EU (for at least the next two years), ARL will have access to all subsidies as normal.

Any idea why the share price is melting? Can't see an RNS... seems like this always happens before an uptick, which should come before xmas provided there's no installation issues. Seems like a great buy at this price.

FYI - Olympic Ares is back on Meygen site. #2 or 3 being installed imminently http://www.marinetraffic.com/en/ais/home/shipid:3354528/zoom:12

@ adoubleuk - Pretty sure it's the second. A chance it could be the third though. New "under review" rating from Peel Hunt. Good or bad we think?

@Shaxe SunEdison bit off more than they could chew. Just poor management. You can't buy buy buy borrow borrow borrow when you have no cash coming into your business.

@Rich73 Cheers for your clarifications and taking the time to dig into the numbers. Most importantly, hoping for a good spike on completion of phase 1A - once the technology becomes proven. Should be a good medium - long term hold after that.

@Rich73 There's other projects that will be running in the background while 1B & 1C are going ahead. Surely a tidal turbine will generate for closer to 20 hours per day (allowing for 1 hour of slack tide every 6 hours) Atlantis has consulting services which generated £2.8mill for 2015. I assume this will increase once they're industry and technology leaders in a rapidly growing market. Also you're forgetting ARL will receive £44 worth of ROC's per MWh for phase 1A On another note - Look at the price of SunEdison on their rise to the top - turned over bugger all but the share price skyrocketed on promise of massive future payback.

Looks to me like 1/4 turbines has been installed. The Olympic Ares is on its way back to Nigg Energy Park for the next turbine if you look on marinetraffic. The photo of them loading the turbine on was taken on the 4th. If we assume 4 days per install I guess we're looking at a completion date of 1A of 20th November. Still think this share is at least 25% undervalued considering the value of Meygen 1A alone is £100mill as valued by Deme when they purchased a 2% stake for £2mil

@adoubleuk Follow their twitter feed. @atlantisresplc Plenty of info. if you know where to look for it!

1. Phase 1 C is not funded but they have a partnership with Equitix and a likely future partnership with DEME for construction services (In exchange for a % of project ie 2% for phase 1A). Grants will be available while they're still part of the EU but perhaps not after. 2. Phase 1 B is anticipated to be installed by the end of 2017 3. Phase 1 C by 2020 4. ROC is a government subsidy. This isn't including the 6MW of power they will be selling to the grid. Unsure what the PPA is signed at though. Can anyone confirm?

For anyone interested - http://www.marinetraffic.com/en/ais/home/shipid:298199/zoom:12 Seems to me like installation is underway. Anyone know if they can fit all three turbines onto the ship?