Member Info for originalharrystamper

Hi Strangy - I see your point regarding the locational differences, especially with SUP being in proximity to the wetlands and protected nature reserves. I didn’t think of it like that. That makes sense regarding the EP. It was more to do with the Intellectual Property (IP) rights of the pellet. The SAE/N+P JV (NPA Fuels LTD) provides ownership of the IP of subcoal PAF, which as you know is a 50% biomass 50% in unrecyclable plastic waste specially formed into a pellet but the WKE pellet does seem to have quite similar properties?:

“ Waste Knot Pellets - Using biomass (such as fibre, packaging, and woody material) from Commercial & Industrial (C&I) and Construction & Demolition (C&D) waste streams, as well as non-recyclable, low chlorine content plastics, we are able to produce a fuel that offers significant advantages in terms of both energy costs and environmental impact compared to traditional alternatives.

Our standard pellet specification is shown in the table here. Subject to the volume required, we are able to vary the specification – increasing, for example, the biomass or plastic content. Due to the low cost per tonne and high energy content, the price per Gigajoule (GJ) is significantly lower than for traditional fuels.”

Main question that springs to mind is, "How is SUP still awaiting an Environmental Permit to burn Subcoal PAF and perhaps prior to NPA committing to building their pellet plants and WKE are now planning on building 8 plants, the first of which will be up and running in Q1 of this year?"

First link didn't work:
https://www.bioenergy-news.com/news/waste-knot-energy-secures-funding-for-alternative-fuel-pellet-plant/

Afternoon all - anyone know much about Waste Knot Energy (WKE)? Came across them last year when I read about them securing funding from Gresham House:

http://www.biomassmagazine.com/articles/17295/waste-knot-energy-to-develop-waste-pellet-plant-in-uk and were building their first pellet plant in Middlesbrough but seems they've come on leaps and bounds since then and have just announced a £132m supply deal!:

https://wasteknotenergy.com/2021/02/waste-knot-energy-strikes-132m-deal-with-komercon/

Pellets look to be of similar make up also: https://wasteknotenergy.com/product/technical-data/

Also navigating through these website pages: https://www.blm.gov/media/public-room/utah and https://www.blm.gov/utah/program_areas for additional info on what may be happening at Asphalt Ridge and surrounding area (possible site locations for 10,000 BOPD plant?)

Afternoon all - Decided to dip a few toes back in TOM! I see a lot of research and chat has been posted on here since I was last in so not much more I can add in that respect but came across this yesterday:
https://www.spglobal.com/platts/en/market-insights/latest-news/oil/021121-uinta-basin-oil-shipments-may-get-boost-from-proposed-rail-line
Any thoughts on the benefits to TOM in the longer term? Surely a positive?

Cheers, OHS

Good video btw Phyl, just watched it - glad to see you're still here

Potent - I don't recall writing my 'good authority' was someone at SAE? I do recall stating that NCC and NRW are contactable through e-mail for clarification of their information on the pubic registers though. I also don't recall stating anything regarding my actual investments and whether I sold some, all or none? Any how, got to go, just looked at the clock and realised it's past my bed time......no, wait, it's 11:05 AM, silly me! OHS

Potent - hopefully this will clear things up for you:

Firstly, If by ‘why were you ramping this share for months’ you mean ‘posting positive researched articles with associated links’ then my answer is, “because it was positive researched articles with associated links”. Secondly, I didn’t post anything here on Wednesday morning (3rd Feb), I posted Wednesday evening. The clue was in the start of that post when it says, “Evening all”. Another clue was the time of post at 18:06 - did you get your 24 hour clock mixed up and think it was 6:06 am? Oh dear. Thirdly, regarding my ‘good authority’ - I will reiterate my previous post - anyone can e-mail a member of NCC/NRW to ask questions/seek clarification on information put on the public registers. I did just that - I sought clarification on the date of May 2021. Fourthly, I had no clue who you were talking about regarding Bolgas so had to read back. I can’t find a post I wrote to Bolgas? Out of interest though, why is it of interest to you? Do you know who Bolgas is? Maybe SCoutS knows him? Or Eric? And finally, as I have replied to all of your posts (god knows why I do it?!), answered your questions and re-educated you on 24hour clock format, can you now go back and re-read the posts, time line and linked research dates to better understand the last weeks events? Always here to help you out if you have any further questions. Regards, OHS

Hi Potent - if only you put as much effort into your research of SAE as you do into my posts! I must be missing some of these posts as I can’t find the one where I said I had sold on the 2nd? Can you post that please? With regards to the comment about the earliest date of a draft decision being May 2021, the contact details of personnel at NCC and NRW are publicly available for anyone to find and contact if they choose. You’re getting your dates mixed up through this lack of research you don’t do - the 3rd Feb has no connection with the EP draft date of May 2021. Finally, if you actually spent your time researching all avenues of SAE and the links they have to the public registers, you would have found that the letter directing the NCC to ‘not approve’ the planning application was dated the 2nd Feb and published on the NCC planning application page on the 2nd Feb, the day before the meeting. Bring something to the table instead of picking up crumbs off the floor and trying to make a cake. OHS

Oh PotentFarce you are laughable. I'll keep this short and to the point - any 'so called evidence' as you put it is supported with the specific research link to that article. I can't make up research - it's all there to read in the public domain. I'm still awaiting your research and links? ...... and a wikipedia link to a bonfire doesn't count by the way ;) Secondly, the 'bad information' as you call it, and if you'd actually bothered to read it, you would see is all dated AFTER the call-in request so unknown to any of us prior to the Council planning meeting and subsequent outcome. OHS

Hi Strangy - Absolutely, it should always be the case. Maybe rose tinted was the wrong phrase. A better term perhaps is: The positives of what SAE, through the SUP project, were aiming to achieve far outweighed the negatives - so few were the negatives that seldom were they mentioned on this forum. Even the doomsayer SCoutS/Eric/Potent couldn't put a single link on here to support their negative statements. The points I've posted this morning aren't historic pieces of news and information - they are all within the last week so weren't concerns at the time. These are very recently posted updates on the NCC site by the Council, for the public register

The main concern for me though is that these individually don't seem too significant but when bunched together, they bare a lot more weight:

1. Environmental Permit DRAFT decision not expected until May 2021 at the earliest
2. Major concerns raised over the impact to the wetlands and the natural habitat in vicinity of the integral rail line to SUP
3. Recommended full EIA for the 132KV cable
4. Another Biomass plant still awaiting an EIA after 3 years
5. And an objections letter regarding "the removal of ash by road, in total some 62 movements per day, on what are effectively country roads moving through, or very near to public places such as the Wetlands reserve and Nash community hall and play area". just posted on the Newport Council planning web site: https://documents.newport.gov.uk/PublicAccess_LIVE/SearchResult/RunThirdPartySearch?FileSystemId=PL&FOLDER1_REF=20/0748

Morning ST - I agree with your thoughts on point 1 - I believe the call-in may have been a 'last ditch' attempt by the RSPB to delay what was likely to be approval of the planning application. I am unsure as to whether the call in will be approved or rejected but I do believe that either way, the planning application will be approved by one of them so not a major concern at this point. Regarding the wetlands and the cable EIA - I have 2 trains of thought - Firstly, this is more likely general practice for these kind of things, given the area the cable would be transiting and due diligence must be taken prior to approval. It is also not planned until mid 2022 so plenty of time to sort out these issues/concerns? Secondly, there are other avenues that were explored in the past that could be revisited - supply Liberty Steel? Build a data centre on their own land?

This time period, whilst waiting for a decision for the call-in to be approved or rejected, was a great opportunity for people to re-evaluate investments and decisions based on the information that is freely available to read in the public domain. The following has been posted in the last week alone but no-one has discussed the implications to SAE? Re-evaluation time is over. Research Done. Rose tinted spectacles have been removed. Answers now needed:

1. The call-in and the reasons why it was requested:
https://londonnewstime.com/why-the-newport-council-was-banned-from-the-simec-uskmouth-power-plant-decision/64093/

“Without proper mitigation measures, the negative impact of the proposal to the west of the Newport Wetlands is likely to remain significant,” a council landscape official said in a plan report. The Royal Society for the Protection of Birds, which works with Welsh natural resources in wetlands, has challenged this application. The RSPB has expressed concern about the impact on nature within and next to the application site and the potential for reduced air quality. The council also received dissenting opinions from the general public, who were concerned about the entry and exit of heavy trucks on and off the premises, their potential health effects, and their visual impact on wetlands"

2. The major importance of the Wetlands: https://oppla.eu/casestudy/19192

3. Why has no-one found this (ref. 132KV power cable from SUP to Imperial Park), put it on here and discussed it? Especially given the recent call-in due to natural habitat concerns:

https://documents.newport.gov.uk/PublicAccess_LIVE/SearchResult/RunThirdPartySearch?FileSystemId=PL&FOLDER1_REF=21/0021

"The proposal will affect multiple sites that are nationally and internationally designated for their importance to wildlife, and the scale and type of that impact is not fully understood. The sites support sensitive species which will potentially be impacted by the proposals. Further survey work is required to inform the level of impact on sensitive ecology features and thus the designated sites. The types of impacts may not be able to be controlled with standard planning conditions. Therefore, I recommend that a full Environmental Impact Assessment (EIA) is required".

4. The Barry Biomass plant has been waiting 3 years for the EIA from the Welsh Government. Why?:
https://www.endswasteandbioenergy.com/article/1706771/three-years-no-eia-delayed-biomass-gasification-facility

5. More and more tidal stream developers and innovators are bringing their ideas and technology to the forefront and this latest one looks to potentially blow SAE out of the water:

https://www.openaccessgovernment.org/tidal-power/103182/

"The main advantage however, which overcomes the biggest current downside to the tidal power sector, is the significant reduction in upfront costs. The McCamley water turbine only costs around 30% of the best priced alternatives"

Hi Potentforce - though it best to check in and see who popped up to respond. I didn’t have to write my last post. I chose to. If you’d have been here long enough you would have known that I’ve always declared my positions here, having sold in the past on finding info on the NRW site last year - scroll back and you will see. Do your research. Some on here know this so no extra explanation needed here. You’re confusing permit with application. Do your research. The application didn’t happen today - it hasn’t been refused, it has been requested for referral to Welsh Ministers. Do your research. The permit is not due until May 2021 at the earliest. Read my post, I still believe SUP will achieve EP. Do your research.
Regards, OHS

Evening all - Well, I'll get straight to the point - that was somewhat unexpected!! What a day to be a mm! I bet they loved the confusion that referral outcome caused. OT - many thanks for the link that explains what a 'call-in' actually is, much appreciated. Congrats to those who took some top slice profit on Monday......and to those who recently joined us and sold them all in a day trade......all hail the King ;)

As for the rest of us who are still in, out or generally shaking it all about - what now? Well, what do we know?...... we know the planning application has been 'REQUESTED' to be called in. We know that this means there are now 'UP TO' 21 days for the report to be submitted for a 'DECISION' to be be made as to whether the call-in request is REJECTED (the planning application would then revert back to the local planning authority to determine) or ACCEPTED (the planning application would be passed to the Welsh Government to take the decision).

Questions - was planning approval factored in to the opening SP today? Probably as general consensus was that it was going to be approved. Did the market know about the letter directing the council not to grant the permit yesterday? It doesn't seem so based on the SP yesterday and on open today - SP didn't start to drop until after the meeting today.

However, aside from this, something else now concerns me more - the Environmental Permit. I have been an advocate of the idea of SUP and have supported this belief with many links to research for people to form their own opinions. I still believe that SAE will achieve the EP for SUP in time but I now have it on good authority that May 2021 is the earliest that any decision would be made. I was previously under the impression that this was the date of the final decision and a draft decision could have been much sooner but this is not the case. For me, this was too long to wait. It is always in everyone's best interest to explore all research avenues and make contact with people who may be able to better explain details that have been put on the public forums that are accessible to us all (NRW, Newport Council Public Register etc.....).

It is now time for me to re-evaluate this company in the 3+ months time frame I now have. It was always about the EP and the market knows this. The market also doesn't like long waits and 3+ months is a long wait imo

All the best, OHS

Morning all, anyone manage to make a decent top slice profit yesterday? I thought we may have continued the trend today in anticipation of the planning application meeting tomorrow. I've tried a few dummy trades this morning to get live prices but very limited in availability to buy - well, on my shares broker account anyway. I saw 23.2 on open to buy but now down at 21.98 so I am assuming the trades that are marked as sells above are actually buys? crafty. Having spent a good bit of time yesterday evening reading through the agenda document I know why I'm still holding:

7.21 "In summary then, the infrastructure for which permission is sought is only required to service the plant’s conversion. The change of fuel source does not require planning permission but does require variations to the site’s environmental permit and this is regulated by NRW not the Council. At this point in time, we have no reason to believe that the NRW process for securing the permit required to enable the plant conversion, will not progress to a positive outcome."

OHS

OT - I saw this on the agenda link posted earlier but where is the original source please? Do you have a link? Cheers

You’re very welcome Eric. Yes, these forums are a good source of info and SAE in particular is great one for posting links to lots of valuable research but investors should also do their own research and not just rely on what is posted on here. For every post or link to research, some of them are always open to interpretation by the individual - I guess that’s why these boards are so good - lots of knowledgeable people to bounce ideas and queries off. Would you agree? As to the EP you mentioned just a moment ago, to clarify, it hasn't been approved yet but the SAE team seem to be making it their main focus in addressing all the requests from NRW so fingers crossed we’ll hear something soon, whether that is in Q1 or H1, depending on interpretation of the decision date (draft or final). OHS