RE: Cheap!11 Jul 2022 18:53
1. They had this in back in April 22 - SAE is delighted to announce that MeyGen has secured a non-convertible 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. Therefore one success and other going in and funded by trustees.
2. In May 22 - SAE signs £40m contract for one of UK's largest Battery Storage Projects at Uskmouth - £11M rev in within next 18 months
and now this..
3. SAE successfully secures Government support to deliver the next phase of world leading tidal projects - worlds largest project of this kind
mkt cap is? - now wonder it wants to move to more realistic pps.
HOY is 8p - when they non of the above.
considering taking positions this week along with fellow longs/ investors
strong buying into close, after big order filled up
4. and one more - how can Welsh Gov say no too this beast too:
Given how critical the conversion is to the South Wales Industrial Cluster (SWIC), SAE looks forward to working closely with Welsh Government, SWIC and associated partners to create a Sustainable Energy Park at Uskmouth. The Uskmouth Sustainable Energy Park will enable the development of new innovative decarbonising technologies, alongside the ongoing development of the Uskmouth Conversion Project. The Sustainable Energy Park will create jobs, and bring investment to the local economy and beyond
This is just tip of the iceberg INHO, DD continues for 10/20x review forward.