Member Info for magmanus_49

great post 5085
great and real dd fella.
there is a lot there - hot off the press too, specifically mentions MyGen project

thank you sir!

All good
steady and up
can';t believe this is still this low
somone getting cheap under 3p
buy orders filled and mms know it too well

read 1st April RNS as below work for word :)
something is up following big news last week

''The loan of £2.5m from Scottish Enterprise, which will enable the redeployment of the remaining two turbines at the MeyGen site within the next 12 months. This follows the SUCCESSFUL deployment in March 2022 of the AR1500, 1.5MW tidal turbine''

This follows - follows the SUCCESSFUL deployment in March 2022 of the AR1500 ..'' link below :

https://www.lse.co.uk/rns/SAE/sae-secures-funding-from-scottish-enterprise-8esjuwnbvs8a5j0.html

Good hey.

added some just before nt
lets go tomorrow

small buys
thinking about what is the scope ahead.

who caught some 1.92
lucky buggers
moves fast
have good feeling about this one
one more RNS and it bag a few times
very sensitive now
forced sellers being had and
mms know it too well :)
most probs sold some here to buy EVE wrong move or something
new pastures hey

Looks like we have minnow twitcher's worn out
again
One installed and update on the other 2 for deployment, at least 1 more then could be 5p min as proper rev £££ space.

plus smashing news last week (not to be ignored as per CEO code message)
read between the line here
sellers been add as big order filled up again

as per rns ''This follows the SUCCESSFUL deployment in March 2022 of the AR1500, 1.5MW tidal turbine''. So first off deployment done :) you not even reading posts/ not sure you understand the reports.
gtla though, if you sold out

so one deployed = 1.5MW
Money provided to re-deployment two = 3MW
Total in hand so far for ££ = 4.5MW

Agreed?

hmm

The loan of £2.5m from Scottish Enterprise, which will enable the redeployment of the remaining two turbines at the MeyGen site within the next 12 months.

This follows the SUCCESSFUL deployment in March 2022 of the AR1500, 1.5MW tidal turbine. So first off deployment done. No?
Or I am reading the wrong reports.

It is - but shows limited availability, to able to buy 1 share at 2.
sellers being had here
as big order filled at around 2 already

boom boom
hello bashers, you still here lol

time to load up hey folks :)
hold well
bashers buying too :) we know that too well

added a little to sharebell
bashers on mute here
period
:)

wrong
it has gone it - first successful deployment done buddy / hence gov contract for fixed fees to SAE
next going in as per notes/ feedback
rest is just run of mill stuff

looks buy order filling again here
good
buys 2:1 here

2.5+
great setup following bear traps etc
2.0 base here see below latest buys
2.25 triggers break out mode

12-Jul-22 10:13:35 1.999 250,000 Buy* 1.90 2.00 4,998
12-Jul-22 10:13:14 1.999 750,000 Buy* 1.90 2.00 14.99k

Update to 1st April is pending too
just too much going on here now
glta

waiting to add here
nice
hold well
same tomorrow
prefer to buy when going up but hey ho

I see that :

The first phase of the project (MeyGen site) is already operational - so ££ no?

and the second phase is expected to reach 80 MW, according to its website.
Total planned capacity of 400MW

So you may think that way, and try to buy up, but
you are are right - yes, they said they have cash, have £11M + $2.5M.
Its the way other round here
Easy to get more loans when you working on the right things at the right time
Energy squeeze.

Great post by ''sma43''
MMs should take note too here - as someone is loading up low
right under their noses.
needs gap up to close
any short positions asap
many being had by
mms and they know it is my guess.

----------------------------------
Based on simple maths, the 28MWh when up and running in 2027 will generate annual revenues as follows;
24 hours * 365 days * 28MWh * £178 which equates to £43m per annum. Over a 12 year period, £524m. Assuming these will be based on 14*2MWh (upgrades from the current 1.5MWh machines). Additionally, the will be revenues from the current 6MWh array already in place plus the BESS at Uksmouth.

This doesn’t account for any of the Japan, India, Indonesia or other projects that are beyond their testing phases!

I just don’t see how all of that equates to a £18m market cap?

Perhaps there are some fundamental flaws in my maths or logic, however, unless Maygen ownership has dropped below my understood 100% or my calculations are simplistically incorrect, surely the value of this entity should be far far higher!
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no you math is spot on fella. on forward basis this is 50x too low - just unreal.
''the latest news should not be underestimated and can not be ignored'' message by CEO is almost like a heads by the CEO too.