Member Info for originalharrystamper

I've taken a bite (see my other forum post) with 100,000 shares - if anyone has time on their hands - I'd be interested in their experienced thoughts as I've done little research (hence its a punt!)

Taken a bite - 100,000 shares at 3.16p

And this: https://www.***************************/serinus-energy-analyst-qa-drilling-should-add-catalysts-and-potentially-new-discovered-resources/412865212

Got to be worth a punt from current price (52 week low) - this was trading at 6p in August and double that last year:
Q. How do you see the company in terms of fair value

A. We have a total risked NAV for Serinus of 18p/share.

OT et al, I've just posted on another forum (similar in respect to quietness to the one you posted a while back OT). Keen to hear other's perspectives on it but I'm considering a Friday punt, ha!

Contemplating taking a position here - keen to hear some investor thoughts before I do. Found this, cant see why the SP has continued to tumble though? Is it to do with the debt?: https://www.*************.net/serinus-energy-qa-accelerating-the-economic-returns-lonsenx/

https://www.schottel.de/schottel-hydro/sit-instream-turbine/

Disregard the last - The investment is to help deliver the Plat-I floating tidal energy platform, which is fitted with SCHOTTEL SIT250 turbines, not something of ours. OHS

M.Mc - cheers for the link, I've come across that site quite a few times when researching - very up to date with all aspects of the energy sector. I've just had a look again and something caught my attention from earlier reading of the tidal projects on the Simec website. So, one of SAE's projects is this: https://simecatlantis.com/projects/nova-scotia/

NOVA SCOTIA (In Development) - The Fundy Ocean Research Centre for Energy (FORCE) in Nova Scotia is Canada’s leading test centre for tidal current technology. Nova Scotia has an abundance of natural tidal power resource in the Bay of Fundy and the Province has the political will to be a major global centre for marine power.

Atlantis confirmed its status as a world-leading tidal technology and project developer by securing the fourth and final test berth at the FORCE facility, after being selected by a review panel as the ‘best-in-class’ candidate during an evaluation process in February 2011. The berth will allow initial turbines to be deployed in the Bay of Fundy with electrical connection and power offtake to the Nova Scotia grid.

Atlantis continues to develop its FORCE project with partners Lockheed Martin and Irving Shipbuilding, both significant local employers. In 2013, the Atlantis-led consortium was awarded a C$5m grant from the Canadian government’s Sustainable Development Technology Canada (SDTC) fund to contribute to the deployment of its turbine.

In October 2014, Atlantis signed a sublease agreement for a tidal turbine berth at the FORCE facility, together with a project agreement with the Nova Scotia Department of Energy. Subsea electrical cables were laid at the FORCE facility in October 2014.

In December 2014, Atlantis was awarded a feed-in tariff for up to 4.5 megawatts of tidal generation to be deployed at FORCE. The Developmental Feed-In-Tariff award of C$530 (£292) per megawatt hour (MWh) provides revenue support for Atlantis to deploy and operate up to three state-of-the art AR-1500 turbines at FORCE.

Then I see this article on the RENEWS.BIZ website https://renews.biz/64279/canada-backs-nova-scotia-tidal-array/ which I read and noted the following in the first sentence: "The government of Canada is helping to finance the country's first tidal energy array being developed by Sustainable Marine in Nova Scotia". which lead me to recall that I had a twitter alert a few days ago saying SAE were now following 'Sustainable Marine'. As ever, could be something, could be nothing but if you read through the above links you can certainly see the potential for a JV. OHS

OT - yes mate!, as you know, I was always here for SUP but had an awareness of MeyGen and the tidal energy business but at the time of investing, it seemed that the MeyGen Project would only ever be 'side line' to the main business if you get what I mean. I feel now though that this has changed. It seems that tidal energy is being talked about more and more over the last few months and I also believe that this has not gone un-noticed by the UK Government and will very soon be given much more attention. I also believe that 77p is now very undervalued!

The recent RNS prompted me to revisit the SAE website and refresh my knowledge of the MeyGen Project. If you are yet to navigate your way through their current and future projects I highly recommend it!.....but in the mean time, here's a snippet taken from the site to put into perspective the global potential this company has! https://simecatlantis.com/projects/meygen/ - can you imagine the broker re-rate of SAE if (looking more like WHEN!) tidal is identified in the CfD round 4!!

Phase 1A (OPERATIONAL) of the MEYGEN Project saw the deployment of 4 1.5MW turbines (1 x AR1500 and 3 x Andritz Hydro Hammerfest AH1000 MK1s).

Phase 1B (IN CONSTRUCTION) (Now called Project STROMA) will connect two additional Atlantis AR2000 turbines via the new subsea hub to a single power export cable which will then be connected via the MeyGen substation to the National Grid.

Phase 1C (IN DEVELOPMENT) - Atlantis has full consent, all necessary permission and grid capacity for Phase 1C. They will build an additional 49 (73.5 MW) turbines at MeyGen at an estimated cost of £420m. The project will be transformational for the tidal energy industry, providing the necessary scale to justify the establishment of turbine manufacturing facilities at Global Energy’s facility in Nigg Energy Park. The project will also provide an investment opportunity for commercial debt and equity providers to invest in tidal stream projects. In addition, Phase 1C will create an estimated 5,300 full time roles, repurposing jobs from the oil and gas sector and placing Scotland at the forefront of an estimated 25GW global export market for decades to come, as well as significantly reducing LCOE.

Phase 2 and 3 - The MeyGen offshore lease currently permits up to 398MW of tidal stream capacity to be installed within the site. While presently MeyGen only has grid capacity for up to 252MW, the site is capable of supporting the full project buildout.

This implies a potential Phase 3 project of 146MW which, subject to grid connection, turbine availability and speed of installation is scheduled for deployment following completion of Phase 2.

And this is just MEYGEN!! - look at the other projects. Mindblowing!

Cheers Phyl

This is the machinery that WKE are supposedly using:

https://www.nawrockipt.co.uk/

WTF is going on with the LSE chat?!!! I didn't realise how much I miss messaging and reading on here, ha! OT - with regard to WKE, I find it very odd how a company can put so much effort into what looks like a very professional website and 'must have' product? As we know, N+P subcoal has been years in the making to finally have a product that is proven. Having said that, what are the actual requirements for a company to produce a pelletised fuel? The reason we are having such a long and drawn out process is because of the change to existing EP but a 'new plant' can burn general waste so I assume it too can burn a pelletised version? Phyl - did you manage to send off a message or call to your guy for some info? Cheers, OHS

I feel this WKE company pails our pellet production into insignificance when you look at their website! There is literally nothing I can find on them other than this site?! No pellet trial info, no JV to produce them or test them, they’ve appeared form no where and have a pellet that is essentially a substitute for coal - made from un-recyclable waste. What am I missing here? Should I see them as competition to SAE..... or even a threat to our entire JV? How can these pellets be burnt by any power plant without the same EP process we are currently undertaking?

Get digging mate! - This is spookily close to us, not just by product but literally: as their first plant is in Teesside!!

I did mate when we first stumbled across it. There was no website back then, literally just that media article about them and then the stuff you pointed out about different previous names. Navigate their website mate - you can see their proposed locations and time frame to be on line, pellet specifications (carboard, paper, and plastic!), calorific value, industries they are aiming for (same as subcoal) etc.... It's almost like what we would hope to see from our NPA Fuels Limited JV! Also, take a look at their pellet: https://wasteknotenergy.com/product/ and this part of the site that links to their pellet production partner: https://www.nawrockipt.co.uk/

I've waited most of the day to get this on here - OT - remember that company Waste Knot Energy that we found a couple of months back but couldn't find much more about it? Well, take a look at their website now!! - https://wasteknotenergy.com/
And their proposed sites: https://wasteknotenergy.com/sites/ and this from the company who carried out feasibility work, architectural layouts, detailed planning, building and tender applications - http://carossdesign.co.uk/blog-forte/2020/9/21/first-fuel-pelleting-plant Why on earth are we not partnering up with these guys?!!! I've been trying to tie them in with SAE all afternoon in the hope that they were secretly our JV company but can't find anything - Phyl - can you make contact with your contact and ask if they know about this company? Their pellets sound awfully similar to ours. Very interested to discuss this further with you all. OHS

Strangy83 - Hi mate, Having seen the day unfold with respect to the share price, I believe that this news was already factored in to some degree. It has been the best part of 2 years since they first announced the JV and perhaps it was inevitable that it would go to the manufacturing stage. Better that than to see a significant fall if they hadn't progressed to the manufacturing stage! Coupled with the fact that I believe the true significant SP rise hinges on the granting of the Environmental Permit, I think we'll hover around this mark until it comes, but perhaps with a slow climb towards the mid 20s in anticipation of this as we near the end of the year? Just my opinion of course. OHS

https://www.renews.biz/63174/renewables-players-call-for-ambitious-cfd4/

I don’t think I’ve had a better stock in all the years of investing! Can you just imagine where we could be on an environmental permit for SUP and a Tidal sector in the next round of CfD?!!