Member Info for Pask

I plan on it.

Directed at mister. I'm saying don't stay if you don't see there being a viable investment case. I think we all do currently.

I am not saying to sell the share. My point is that while there is a decent forum here and bunch of characters, don't be afraid to jump ship and overstay (like tidal) if you no longer see any material benefit. While I like seeing that mister hasn't jumped ship, I would not blame him for doing so like tidal if no longer saw a future in sae. I do (just about) so am sticking around.

Hey, I am just glad you're still here. Granted, when push comes to shove don't be afraid to cut your losses like tidal lover.

Seems a good sign for us. We may at least get scraps from the dinner table.

It appears that there is strong support overall. I was expecting it to be a bit more mixed.

*the current stock movements are

I tend to agree. I am guilty of this myself, but I would argue not unjustifiably so. As I said, it has just meant a bit of reframing in my mind. Nothing has fundamentally changed, and the tidal side has been (mostly) discounted from the share price for a long time. Your estimate is reasonable in my view, and is mostly MM manipulation.

This could change when further news from the AGM is known, but who knows.

I assume mister as well, as have not seem him around.

what do you mean l2w? do you mean simec's ownership of sae has dropped to such a point that sae can further distance themselves from them? i assumed the name change was more down to reorientating the company towards bess projects, given the absolute **** take of uncertainty surrounding meygen.

Makes life easier. Do we have any update on MeyBESS?

I mean, the fact that the share price has been stable is good news IMO. I think many of us, including myself, have come to the realisation that the tidal side may not be viable and to reorientate our thinking. It means we will get less than we hoped, but will still get something. We need to see what they say during the AGM regarding the wage increase.

Given the refocus of the company, it makes sense. It will probably focus on the BESS side rather than the tidal side. For now, I would prefer a name that comprises both aspects of the company (unless they see an immanent reason to dump the tidal side).

Who knows?

I hate to agree, but you're right. Others on the ADVFN forum think the same thing, so it is the main reason for staying in the stock.

Just kept getting f***ed over by the goverment time and again here. I have money in Proteus and Nova, but feel I would make more here if things went well.

"The bond payment shortfall is similar in size to the pay rise the CEO and CFO were awarded last year. " Wait, I just read that. Ignore my previous comment.

I suspect that they are waiting for FC, so they can sell the freehold to repay the bonds. At the very least, they must be pretty confident in the BESS asset to award themselves the increase.

Do we know if the application was successful or not? Would this not be on goverment documentation?

"This project will run for 12 months, tasked with developing a strategic roadmap for realising the UK’s vast marine energy potential while ensuring high levels of UK supply chain content."

Wasting time for 12 months, only for them not to make a decision. At least Crown Estate Scotland is on board, but CES should have the ability to finance us anyway I would have thought. Won't we just dump the debt on the goverment if the tidal aspect of the compnay is too much of a drag? I'm just confused at this point, but there are probably details I am missing or have got wrong. The company does look like it will survive, but the tidal portion might go if goverment support isn't there. Forgive my ramblings.

https://www.energyglobal.com/other-renewables/26062025/corpower-ocean-appointed-to-uk-marine-energy-taskforce/

Thanks for that.

*from

It's too hot today.

the battery side seems more viable than the tidal side right now. again, the issue is the government. still ****ed they took 2.5bil of gbe. the pool of capital becomes smaller and smaller. gbe did say they would start looking at investment cases in the autum, so we will probably know in a years time if we ever had a chance of getting any investment. my initial gut feeling for this year was too optimistic, i feel. at the very least, the report states we are reasonably close to financial close of aw1. also, at least there have been no big swings in market price. the tidal side of the buisness is currently a drag, but its probably better to keep it for now and see what happens.