Member Info for Mikey279

"We have set a clear strategy to become an owner and operator of our projects and this announcement is a key next step in achieving this. A huge amount of work has already taken place to reach this milestone, demonstrating how SAE continues to hit its targets and deliver for its shareholders."

The last sentence is key to any AIM success, weeds out the lifestyle companies

All IMO

Thanks for the reply, but my question was did they arrive at the NAV prior to knowledge of revenue/EBITDA metrics?

As that was only released 2 days ago, so surely a 12m rev and 9m EBITDA would give the NAV a significant uplift ....?

Most people have 50p-£1 + averages (post consolidation)

Considering the refinancing, cash stability Logik brings in and the new model, then the supposed H2 newsflow, its a free shot the salvaging something back

First target is 4p of January then you've got 7.5p and 15p on the charts (but probably needs a bit more news for the latter 2)

All IMO

Whats everyones thoughts on the 6p NAV of the BESS, considering that was as per year end report

Now that we have some metrics:

"According to the Company's latest estimates, the BESS project will generate average annual revenues of £12m and annual average EBITDA of £9m per annum in its first five full years of operation."

Surely this must elevate valuations some what (assuming financial close etc)

Correct, but no one knows re when, the uptrend is clear, needs to break 2.8 properly, then theres a gap to 4.5 (minor resistance and then 5p being bigger resistance

After that you're looking at 7-8p levels which is nearer the NAV, without all the goodstuff in the pipleline and GBE etc

The fact they've managed this position with the mess that happened leaves me confident about what they can do with much better cards

All IMO

After hours? Next week?

first half of august supposedly after many delays , makes or breaks the company IMO

No sellers but also no cash

Literally 0 cash if going by interims …..? 910k as at feb?

The Board has engaged Elgar Middleton, an

independent financial advisory boutique with extensive

experience in renewable energy, to advise on the

commercial opportunities for our circa 1GW battery

portfolio. Financial modelling of the BESS portfolio

concludes that the group would retain a significant

equity stake in the projects after having raised equity

and debt funding to build the projects. SAE could sell

down a portion of its equity in the projects should new

working capital be required. This option will next be

available to the Group for the 120MW BESS when it

reaches financial close in Q1 2025.

24p will be peanuts when GBE invests ;)

£1bn company all day long ;)

All IMO

Yeah they would've been my guess too, throw £200-300m at it and it goes through - small change for them really

Yeah remember the statement in results:

We have a pipeline of projects that would be the envy of many much larger companies, and we have a Board and Executive team who have a track record of successful delivery

Not at all, I do trade but when I see a compelling story with mega-upside, I take my time to research and appreciate all opinions

Believe it or not bought I first bought around 22p a few years back, when the other story was big, was a nasty lesson....but this turnaround and macro potential has caught my eye again

Thanks for the reply, very insightful

Hi Strangy what are your views of this mornings RNS and more importantly the visibility of figures

NAV at 6.1p too.... before any profits

Dont think the markets have understood the significance of the deal yet....maybe once 100% up they will

All IMO

Dont worry the tide is turning

Just took some, overhang must be clear soon

First gap is 5p then 7.7p for me

DYOR etc

I asked the same thing this morning, as a other poster kindly posted, construction finance:

SAE is now working to bring the BESS project to financial close with Elgar Middleton appointed as Financial Advisers to assist with sourcing an equity partner and securing construction finance

9m ebitda vs 17m mcap, this should fly

All IMO