Member Info for noisyboy9

It's a good question about Maintenance costs and for giantsquid to say Meygen is "firing on all cylinders" is misleading. I believe (reading between RNS) at least two of the Turbines have been out of the water for most of the year. The good ship Polar Onyx was dispatched last month to reinstall them from Nigg but came into difficulties with her main crane. She is currently in dry dock in Belfast undergoing repairs so hopefully they can get them back in the water before Xmas. This is a shame because Energy imports to the grid are commanding a good price at the minute. The cost of chartering this ship alone I can imagine is around 30 - 50k a day let alone the lost income of the turbines being out of the water most of the year . All IMHO. DYOR

Giantsquid,

You need to look at the company debt and the cash burn as part of the bigger jigsaw, Although I agree they have a bright future if they can weather this current storm. This year has been a catalogue of disasters for them with Gupta, Usk, Meygen Turbine breakdowns etc.

Projects like Tiger and Normandies are years away from being revenue generating. I am a shareholder but you do need to do some due diligence. Perhaps ask yourself why no Senior Management have any skin in the game as well.

...and Welsh Government

Thanks guys, Anxious for those turbines to get back in the water generating Money Lol. I only stumbled across this one today after looking at the dock she was in. Nice to see an informative LSE board for a change!

Do you know when the Polar Onyx is due to leave?
I think she is in for a new wire on her main crane after a failure installing Tidal Turbines near John O groats for SAE

Looks like she has gone to the Dry Dock in Belfast for Repairs

Noticed they are pushing the Atlantis Energy title in this article, Definitely playing down the SIMEC link

I did notice on Marine Traffic it had returned to Nigg nd has remained alongside for the last 8 days.

I think these have been out of the water for quite some time. Turbines on dry land not making us any money!

I can't see this anywhere either, What's the source please Phyl?

Cheer up Eric, It's Easter Holidays

It's a very preliminary stage of planning application so not near term, but interesting for the future.

This is interesting. Only a preliminary screening at the moment, But SAE on the application

https://wam.highland.gov.uk/wam/applicationDetails.do?keyVal=Q7CGAQIH09K00&activeTab=summary

*Data not date!

An SAE date centre such as this one?!

https://wam.highland.gov.uk/wam/applicationDetails.do?keyVal=Q7CGAQIH09K00&activeTab=summary

The Call-in Status PDF seems to get updated every Friday Afternoon

Have a look at the 16th Dec RNS with the American Investor, And the timings/ share price condition of second round of investment.

As I understand, The enquiry for the new Glenshero Wind Farm boy SIMEC is also still ongoing. This is a development of 39 Turbines in the Scottish Highlands

http://dpea.scotland.gov.uk/CaseDetails.aspx?ID=120792

Could be news on that front soon

How did you watch it Skeletor?
Mine still has a holding screen saying "Starts today"

They've only done a canvas on opinion on intention to install a cable to the Data Centre, So early days really.