Member Info for Mkx007

This is a gimme, in my opinion, as we move out of summer and into the colder months commodity prices will pick up. It works in a cycle anyway so as it moves up, so will this.

Looks like FIAT funds are going down but Crypto exposure is up...odd how the world works haha

Wonder if there is anything happening here or we're just paying the people to log on and check emails. Seems like the investments in place are now reliant on other movement therefore no cashflow is needed right now.

Did you miss the bank of England announcement yesterday? Frustratingly that has hit most stocks with exposure to the UK.

Luckily for us we've got assets globally so the impact is lessened.

To be fair the issues in PK are not helping one bit. They have also been going on a while too. Chinese/Saudi investment isn't going to disappear just need the green light for Thar and it's all systems up.

I personally would like to see some new markets being explored. There is a lot of money to be made out there and sticking to oil and gas, whilst it's worked in the past potentially is a dying market.

I recall see a message saying we are massively undervalued and there wasn't a need for fundraising, as far as I'm concerned we've been lied to twice. If there is a need for fundraising and we are undervalued it should all be done at a premium. What's the point in having multi-billion $ projects in the portfolio if the shares are worthless!! Very frustrated by today's news.

But also to mostly fund his enormous salary which is somehow still being justified given no value return to shareholders. Shocking really.

Christ has it been 5 years since that s**t show. This was may worst investment decision, buying the hype and still nothing to show for it. Luckily I took the money out and went into DOGE (crypto) so made it all back.

Such a massive shame that it was never commercialised and HH for that matter.

Definitely don't understand why GRID is now up and GSF is down. That update highlights there is a lot more potential here than at GRID.

200 MW in California vs GRIDs unannounced batteries. 75 MW + at least 5 x 10 MW in Texas. Plus the Irish and German batteries. 1 market goes down, the others rally based on the historical performance.

As much as I'd like to agree with you on the Irish point - they cut the tariffs last year and were planning on a 2nd cut instead of increasing funding for DS3 - the only mechanism that is enabling more renewables. The entire planned and operational fleet lobbied together and shutdown the cuts saying they won't invest anymore if they cut tariffs.

That being said - it's definitely more rewarding than the GB market. GRID seems to have put too many eggs in that basket, great in 2022. Looking dire for 2023.

Lol like last time when they let it lapse.

Should never have been an issue.

I mean this does work really well for us in the future as a minority shareholder we have a hand in decisions and would gain revenue from future projects. Also de-risks massively!

Would be super keen to see this done with the THAR project. 13% of a Billion would be massive. At least put it to market and see what the interest is, kinda like when a company gets a buyout offer. Values it at X --> would underwrite us nicely here.

Based on the last few announcements one a couple of sites are debt financed. Leaving only a small amount of exposure to them.

Interesting to see how GRID are performing compared to GSF and they do have high exposure.

Plenty on show at the boat race today

You make valid points however the MW review was market manipulation at its most transparent. Take a massive short position and then release a stock note highlighting a bunch of issues that were discovered to be non-issues.

Really quite odd how this hasn't recovered, certainly wouldn't be surprised if there is a re-rate going forward. The valuation of cases is based purely off win results - it's hardly difficult maths. X case gets potentially awarded up to £100m, of which Burford is eligible to receive 25% --> X case = £25m. That's no different to a calculation of Y tons of material valued at $Z/ton = revenue which most companies use to attribute value - Both Y and Z can fluctuate as can the value of X but at least you have a maximum value - the minimum is obviously 0 as they could lose all their cases...

Be keen to explore this concept: around 30 fires in SK followed by significant investigation and regulation change - a handful of fires since all down to poor integration/construction.
US - a couple of fires followed by the introduction of new legislation that is quickly becoming the industry standard.
Europe - under 10 fires from BESS across grid scale and smaller sites, all down to similar aged systems experiencing faults. Software upgrades followed as well as fleet wide battery replacements.

Overall there has been less than 50 fires across over 6,000 large-scale and close to 1.5 million residential systems (based on Europe being aprox. 1million) <-- that's not bad!!

Flow batteries are safe, no doubt about that one but there's no way in most cities a flow battery is a viable solution when space is at a premium.

NAV increased, dividend maintained. Positive update yet again.

Think that the share price is still weighed down on the "raising" topic as it looks like peers are have recently raised and a couple on this board have eluded to that topic.

Still surprising to see based on the positive announcements recently!

Interesting to think there will be a need to do it at a discount. There is a lot of money wanting to buy into the clean tech space. The share price has held up well and is vastly more diversified than competitors (Gresham/Harmony).
Very keen to see developments on the UK market and the performance of those assets, given clearing prices recently a diversified portfolio is vital - 200 MW in California adds to that and will provide some serious growth.