Member Info for mister_tidal

I'd rather say "challenging". But then again, tidal does not enjoy the benefits of scale which makes this challenge an opportunity.

I think the max isn't relevant because we cannot compete with other technologies yet.

But that's the goal I guess. Get tidal stream to a point where we don't need a ring fenced budget.

Even though that's a positive signal, it does not really drive the share price up (yet).

SAE really needs to lay out their plan for how they will expand MeyGen.

AR4 brought us 28MW, in AR5 it was 22MW. I'm curious how much we get this time.

Any guesses?

Would be awesome if it were increased

@TL it's more about where I can buy the stock. On German exchanges the price is still closer to 3p even though we're at 2.3p right now. I'd be paying way too much as it stands today

I'll blame Brexit for this because I used to be able to simply buy in London.

German exchanges are not really following the London price. There we're still at almost 3 GBX ... it just didn't go down.

We'll know by next week if we get an increase.

I kinda doubt that this will happen in AR6. I think it's more likely that we'll see something next year. Either in CfD or a different form of investment. Just guessing in the blue here. I'm just not aware of anything that would indicate an increase this year although I sure hope to get a positive surprises.

It looks we might hit that 1.8 to 2.2 GBX range? Not sure what chartists agreed upon. Somebody let me know because I really do want to increase my position as we wait for BESS to come slowly but surely alive.

So why the complaints now that we go to 4 and beyond?

What's your average?

You don't seem to know a lot about how much it actually takes to manage projects of this scale. I work at a large software company and I am an engineer myself and even there, large projects take a lot of time and effort to get delivered.

In the case of a company like SAE, where your have the need for physical components and land need, that's a whole different story.

Down talking these things makes you appear a but clueless not gonna lie.

As for the engineering part: it's unfortunate that SAE had to separate from their tidal division but there wouldn't be any SAE left if they didn't do that. They were not able to afford the staff anymore and this was not the fault of the board. It's on politics and the lack of decisive support that has led to all of this.

Perhaps the Uskmouth conversion project was the only real mistake that has been made but we can call ourselves very lucky that the site now turns out to be a valuable investment after all.

Kudos to the board and I admit that I wasn't a believer myself at first but the way things turned out now I am actually I'm for getting some more shares for the company's long term perspective. Their pivot has likely saved my investment and prevented the company from defaulting. While they might not get where I wanted to see them, I believe that SAE is a good investment as from where they stand. Not if your average is 35p ... but if you were bold or late enough to buy or average down recently, I suspect things will turn out just fine in the months or 1 to 2 years to come

Seeing how you always creat a new thread here I suspect it's something else. 😅

It's explicitly stated that tidal will be supported:

"It will also help boost new technologies such as carbon capture and storage, hydrogen, wave and tidal energy."

It definitely sounds promising. I just hope it doesn't take years now to provide the needed funding.

Hm, nothing new really. Unfortunately. No real commitment in those words. Waiting for a clear statement: "The UK commits X amount of money to the achievement of 1GW tidal and increases the AR6 budget by Y."

But it looks like I can only place limit orders on Frankfurt.

Wow.. your screenshot is from the classic view and indeed.. the classic view shows all these exchange.. what the actual..

Thanks a lot. I just switched to the classic view ..

I'm from Austria (Carinthia)

I can only trade on Stuttgart Exchange, via Baader Bank or Gettex. Using Flatex

I can't buy on the LSE and atm the market price for me to buy SAE is € 0.037 or 3.15 GBX ...

This is just ridiculous and I honestly wonder how there can be such a big difference to London..

I hate it..

I have placed multiple orders for this move down. Not sure if I will get something because the spread on Stuttgart is just a joke but let's see..

I was actually looking forward to this drop.