Member Info for mister_tidal

Https://www.reddit.com/r/Energiewirtschaft/s/FSAjQ1RINe

My guess: Retailers flocking in to speculate on the yearly report?

If we get some substantial positive update, also known as "everything on track", "no delays" and "no additional funding needed", the valuation might go up a bit even before the RNS which announces the arrival or connection of batteries.

I'd be surprised if this remains to be just one analyst after AW1 is ready.

Sure thing :)

The title is a bit alarming but the last paragraph is a good summary of the MPs stance:

"""

Tidal stream is no longer an experimental technology. It is proven, predictable and ready to scale. If the UK is serious about becoming a clean energy superpower, it cannot afford to turn its back on the power in our tides.

"""

Https://www.politicshome.com/opinion/article/uk-risk-turning-back-tides

Saw this on reddit https://www.reddit.com/r/interesting/s/X4xRQmPVlS

But I can't find any recent news on it?

Btw.. my order is a BUY order in case that didn't come across.

Not me, of course. But somebody really seems to sell some quantities. A few sales at 100k and 200k shares.

My limit oder is at €0.028 that is just a little less than 2.5 GBX so.. if this doesnt stop my order might actually be triggered 😅

Like.. WHY would someone sell right now? It doesnt make me all too nervous but .. seriously .. why now?

What do you mean? Are you nervous just because of a few percent dropping?

Well.. I shouldn't but I have a limit order at €0.029 for 33,333 shares to get to 950k shares in total.

That's how I justify my order.

In any case: if it falls, I'll catch 33,333 shares. Happily.

Well.. I shouldn't but I have a limit order at €0.029 for 33,333 shares to get to 950k shares in total.

That's how I justify my order.

In any case: if it falls, I'll catch 33,333 shares. Happily.

Yup. It seems like everyone is in position now and there's still some selling going on that grinds the SP down. Imo that only increases the asymmetric upside. AW1 will likely increase the valuation significantly so entering at this level means, imo, the downside is very limited. This assumed that everything is executed smoothly of course which, up until now, seems to be the case.

Keeping the story alive.

Thank you :)

Thanks OT!

What is the status actually? Are all turbines in the water? Do we know?

I see, thanks.

Yeah, I assume this because there's almost no trading at the moment and the little that there is makes the SP jump around in this range or so.

At the end there must be a logical reason ^^

Idk how Flatex selects the value because they are notoriously inconsistent across exchanges it seems.

But I just checked my account and see a 30% jump to €0.04

I suspect that this is some temporary fluke? No RNS, no rally.. any ideas?

For a battered company like AMP this is really good news - in my opinion.

Proof that things progress. Proof that this is not "Power Plant Conversion Story 2.0" but real!

And most importantly: Sends a message that risk for failure goes down the further we progress.

Looking forward for first pictures of installed batteries!

I must correct this a bit: Profits are possible e.g. if public money subsidized a joint venture which guarantees profits to a private investor, that would be a different story.

But those returns must just as well be competitive at the end of the day if compared to other investments.

We need 500MW to 1GW deployed to become competitive. So that's a total investment in the billions. UK and the European union need to find this because private money won't be attracted before profits are on the horizon. The problem was never the concept of tidal stream energy. It's always been the lack of funding as wind and solar seem to do the trick just as well if you pour in some money for storage.

We need £200m to £300m for the next phase of MeyGen which won't make a profit for the investor. Without public money we can't really expand.

Chicken and egg problem.