Member Info for Pask

You suspect we'll get burnt?

Could be worse. It could always be worse.

I agree with that sentiment.

Time will tell.

Thanks for the find. Share price is also up at the moment, which is intresting.

Nonnymass could also be correct. I don't know enough about trading bots to have a valid opinion on it. Either its an II slowly accumulating, or some newbie PI dipping their toes in the water. Either way, I don't think there is anything substantial about it. Feels like reading tea leaves, as one user on the ITM ADVFN board used to say.

I'm cautiously optimistic anyway this year, that we'll see a major correction in the SP.

I think Rio's pulling your leg, Mr. T.

https://www.lse.co.uk/ShareTrades.html?shareprice=SAE&share=SIMEC-Atlantis-Energy

It's mosly people dipping their toes in the water.

I've got 1mil worth of shares now. I will buy more, but slowly when I can. Not that much else to say. Will need to look at the GBE and Crown Estate Bills again some time.

Plans for Scottish Highland infrastructure for 2030. Map in article shows connection to north-east of Scotland; where MeyGen is.

https://on.ft.com/41xzjcw

My mistake.

We seem to have some sort of buffer for protection, but can compete with other tech if need be.

From your link:

1. Tidal stream, wave energy and floating offshore wind (FLOW) will all compete in Pot 2 of the allocation, which has increased by £165 million – from £105 million to £270 million.

2. The Department for Energy Security and Net Zero also confirmed the previous £10 million ringfence for tidal stream technology will be increased to £15 million – making AR6 the UK’s third consecutive auction with funding specifically set aside for tidal stream.

I think this is still good news. We also seem to be in a better place to be able to compete then before.

*no

Makes know sense on its own, but from Giant Squid's article:

"Wales is already positioning itself as a global leader in terms of tidal stream technology and this funding uplift could help continue this trajectory."

The implication, being Wales may be interested in pressing for tidal energy; as it linked to the Business News Wales website. It would be interesting if there is anything official from the welsh parliament on an interest in Tidal Stream tech advocation. I know there is some stuff with Nova Innovation, but is there any evidence of them discussing using the Seven Estuary?

I was not aware of this. Slightly out of date, but still relevant:

https://businessnewswales.com/a-call-for-government-action-unlocking-the-potential-of-wales-tidal-stream-industry/

It's not a race; it's a marathon.

https://www.youtube.com/watch?v=Pv_-M_GTEPE

I am not that rich...

Yes, a million shares. Sorry for the confusion. I was a bit loose with my language, it seems. Especially in this context.

See, this is my thinking: A hype drive around tidal could cause a massive spike above fair value. People can get pretty stupid about these things, but I could see this as well. Annoyingly, a range of 6-12 GBX is probably the best we can hope for. I've got 1 mil worth of shares now. I want more but aren't able to right now.

Biggest question is how will they get (directly or indirectly) access to finance. That's still an open question.

*sigh* Formatting errors.