Member Info for Pask

Any idea how much it would cost to decommision Uskmouth?

Much like Casandra, eh?

Nova Innovation seem to be having an easier time with tidal than us. They sometimes do funding rounds if your intrested. I'm considering getting into them at some point.

'Unique seems to equal rewarding on AIM'

That actually seems to be a very good heuristic based on my experience of AIM. Granted, not an optimal strategy but it has worked well enough for me to make decent profits in the long run (so far).

Good find.

'Shares in the AIM-listed Agronomics fund – whose holdings include a company that makes cell-based shrimps – are up by 405 per cent over the past 12 months.'

Seems about right.

Nevertheless, could go either way in the short-term.

The same as me then. Yes, this is why I get the feeling that NAV might not be such an issue. You'll get "useful idiots" like myself whom will buy on ethical grounds. To be honest, the technology reduces a) animal suffering b) loss of biodiversity and c) reduces methane and carbon emissions by being less energy intensive. You can't spend money if you are dead, and the way I see it either you don't make any money yet help a good cause or you do make money and help a good cause.
NAV will be an issue, but so will be the underlying sentiments and commitments of those investing.

Forgive my ignorance, and thank you.

I was never a firm believer in the concept of true value, as I don't believe in truth. However, that's me just being a pedantic prat (my apologies). NAV is a more substantive form of value, and is probably the most stable indicator of what a companies value is in the face of speculation. As for how often the re-value their assets, I'm afraid I get the sense of it being only when it suits them. The last time they did it, it seemed more geared up to maintain or push the share price up so as to comfort current and potential investors rather than anything rigorously planned. It's going to have to be up to use to approximately estimate the current NAV based on what we know until they declare it themselves to re-value for us.

The real fun has yet to begin... Although, when it will begin is another matter.

That is, if it will follow Tesla and other similar companies. In the here and now, I'm cautiously optimistic but Absolutum Obsoletum: current predictions are always out of date.

It reminds me of ITM, whereby a piece of positive news either related or semi-related to the company would generally push up the share price regardless of the fundamentals. Since that last piece in the FT, there seems to have been a sustained increase into a new historical maximum price. This is definitely a stock priced for the future rather than the present. The one concern is that it relies too much on sentiment, intuitions and passions of the investor to keep the price up; although, it is not that much of a concern at the moment because the general feeling around the sector is positive. However, it will take a bit of a hit if the companies ANIC have invested in come into problems either in the R&D phase or regulatory phases. Still, there should be enough diversification in the company such that if some gambits fail; other should succeed.

You're not wrong to distrust him. The same rules apply in this game. AIM is a harsh mistress, but a great teacher.

No problem, though get a secondary opinion if you can find one.

The raise could be an issue. Mellon does not want it to be under his entry price, hence why he gave ANIC a small loan to prevent further dilution. Personally, even if it is diluted I don't think it is that much of a concern in the medium to long term.

Right now, it's overvalued but that does not mean that the price will necessarily go down as it is more reliant on the sentiment of activist investors whom are more likely to stabilize the price. The fund's very diversified, but it's big hitter (at least what it looks like at the moment) will most likely be BlueNalu. They are awaiting regulatory approval and are in the midst of getting their production facility up and running. They've had a fundraise of 60 million dollars I believe around the beginning of the year, so are well financed. Subject to FDA approval (the main variable of concern), it is likely that BlueNalu will be operational sometime during this year and have a product they can sell. The cost of such a product will be expensive, but that will come down over time. I need to look into Supermeat and Mosa Meats a bit more, but for now I'm focused on BlueNalu.

In my view, the rate in which the meat can grow in lab setting (for example, supermeat chicken doubles in mass every couple of hours) means that Lab-Grown meat will become increasingly viable as a product in the next next few years in my opinion. Things could go wrong a la Sod's Law, but if they do it is because of unknown unknowns rather than known unknowns as a rule of thumb in my opinion

Articles a month old, but has an interesting map of the potential places such tidal turbines could be deployed in. Because of Rockall, British Territorial waters are expansive as well. I do get the intuition that there is going to be progress on the tidal front this year one way or another.

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

Ah, I was not the only one whom caught that. It will make things easier.

Where are we now and what are we waiting for with Uskmouth? Right now, we're currently waiting for a decision as to whenever the planning application will go to the Welsh Government or Uskmouth, correct? The information for that decision is overdue now if I'm not mistaken. When do we expect to hear about the environmental permit, April?

With the Tidal division, it's a lot more easier to keep track of dates. We have September for the CfD, and we should be able to apply for financial support from the UKIB when it is operational (which should be sometime in the spring, if I have read the documents right). But this begs the question of what type of financial support would the tidal division have from the UKIB. What about the Hydro division, and how could Gupta situation possibly affect us in the short to medium term?

Happens mate. In this world, Sod's Law is the one universal.

None I'm afraid. It seems that they are currently going through a FDA regulatory review of its first products. Managed to find some photos of the facility, which is both the HQ and the production facility. Their aim is also right now on "developing infrastructure over time where we can run factories around the world.” It seems they are able to generate the revenues through private means, so have no incentive yet to go public.

There is nothing I've found about IPO's for Nasdaq, so I assume at the moment they are not going that route. You might be able to buy pre-IPO shares though of BlueNalu from certain FinTech Companies however if you want to take the risk.

Sources:
https://thefishsite.com/articles/bluenalu-lands-60-million-funding
https://www.bluenalu.com/photos-from-bluenalus-headquarters-in-san-diego
https://www.seafoodsource.com/news/foodservice-retail/seafood-alternatives-continue-to-gain-momentum-in-retail-foodservice-sectors

Thought's just crossed my mind Silentalker: do we know when the UK Infrastructure Bank will be operating and if so, when SAE may potentially apply for financial support for it's projects e.g. MeyGen?I could not find any information on the document as to when they planed to have the UKIB operating.

This is probably the thing we have to wait on now for funding of UK tidal projects, unless we manage to secure a favorable CfD. The good thing at least is that there is a generally favorable consensus among MPs about tidal. There were some concerns from Barry Gardener about not enough ecological impacts being done from a Video I watched a while back, but the main thrust of his argument in my eyes was that it was better to know the full ecological impact now rather than later. All in all, the responses among MPs have been favorable so far which makes things a bit easier.