Member Info for originalharrystamper

Although at that price, I think they were still buys from then

They were trades from the 16th mate.

Yes, good day today. It’s been well held by the mms whilst we awaited the placement today and rightly so imo. They couldn’t let it rise much beyond 2p for obvious reasons and equally, to take it down below the placement price would be unjustified. The company is now debt free and moving into 2021 with a strong programme of opportunity and a stabling oil price set to continue its rise. Happy to be invested - even though I originally bought at 3p before the placement!

Great post Catchingpigeons, certainly better than others on here at the moment. It certainly isn't for the faint hearted at the moment! With the last placing at 12p there can't be that many investors left who could still be selling at profit! I strongly believe this will turn at some point and the bounce will be more than worth the wait. Until then, I'll weather this storm and re-evaluate in 2021. I certainly won't be selling at this price though and only wish I could be buying more but alas, I bought more at 18.6 when I thought that was low, ha! OHS

Well, that took some reading!!......and I still don't fully understand it, ha! Suffice to say, I'm not selling but nor am I buying more until I see where the mms take this. Hindsight, as ever, is brutal but I reiterate once again, the fundamentals of this company have not changed. I was always here for SUP, everything else is a bonus to me.

Hi mate. I believe it's 2 from the original 11 (Q4 - water emissions impact assessment and Q9 - impact of aerial emissions on ecological receptors). I think these were obviously going to be the main areas that needed the most attention. They also have some more work to do regarding the Fire Prevention and Mitigation Plan (FPMP) and lastly but probably most importantly, this one: "Provide a clear written assessment of whether your proposed waste combustion will meet all relevant operating conditions requirements of Article 50 of the Industrial Emissions Directive (IED) relating to temperature and residence time of the resulting gas". As to whether SAE can answer them?......I wouldn't still be invested and adding more if I didn't. Keeping the faith, OHS

But on the bright side, I know where we can get back to as nothing has changed. Just a delay.

Yep - not for faint hearted - especially as I’m now only 3.5p off my first investment here!!

Hi Wenglish - I would imagine that carbon capture is much further down the line for SUP at this present moment. SUP will need to be up and running and proving the use of subcoal as an alternator fuel before they move on to modifications to the plant to allow for this imo. I think I’m the application of SUP, carbon capture is something that will more than likely be incorporated once up and running as a converted coal power plant, not trying to incorporate into the design beforehand- too much planning has already gone into the project to go back to the drawing board imo

Casajaluma - is that you taking a position here then? Interested to hear your thoughts here and future expectations. Cheers, OHS

Get it done, you'll make £7.20 profit!....unless you pay fees, ha!

https://www.southwalesargus.co.uk/news/18940781.plans-new-data-centre-imperial-park-newport/

As we now know from the recent update and previous RNSs, data centres seem to be the flavour of choice for SUPs PPA contracts. This latest application comes in addition to the planning approval that was granted for the 4 data pod units also at Imperial Park

*SCoutS - So are you buying, selling or waiting?

So are you buying, selling or waiting?

Placing for what G-Man? They had £9.8m in cash and cash equivalents in June

"The Group has prepared financial forecasts for a period beyond 30 September 2021, including sensitivity analysis. These forecasts, which take into account the ongoing committed costs of the Group, demonstrate that the Company is able to operate within its available cash and funding balances for a period beyond 30 September 2021".

Exactly mate, which is why I bought more yesterday and will do again if it drops significantly further to justify another purchase. I wonder if Arden will update their target price with all this in mind? As you say, report is dated July 2020 and much has happened since then

If he was selling (not that we'd know unless he tweeted) it wouldn't say much for his credentials. He has been an advocate of SAE for quite a while so to sell now on a market update that has simply explained the reasons behind a delay to the expected news whilst nothing fundamentally has actually changed, would highlight a very inexperienced decision on his part.....imo of course

Re-paste of some good info for any new investors who bought in yesterday:
1/ Arden report July
https://research.arden-partners.com/view_repos/_55294d6d-78d4-468f-a099-401506bb1c90.pdf
2/NRW Correspondence
https://publicregister.naturalresources.wales/Search/Results?SearchTerm=PAN-008534
3/ Subcoal PAF
https://www.np-recycling.nl/nl/nieuws/515-subcoal-pulverized-alternative-fuel-passes-crucial-milestone.html
4/ SAE Proactive investments podcasts
https://www.proactiveinvestors.co.uk/companies/news/219286/simec-atlantis-energy-spreads-reach-across-renewables-sector-219286.html
5/ Meygen Tidal energy video
https://video.thinktv.org/video/scotland-bets-on-tidal-energy-1544300078/

nice £25k and £27k buys

Maybe this is the bottom or maybe this will go lower, but an opportunity to add sub 20p was too much to miss out on so sub 19p was an absolute gift! This went to 30p after Hana Financial RNS so we know its only a matter of time before we are back there again. OHS