Member Info for Phyl

Interesting question Jack 03 and one my wife asks frequently. During August it went to £0.30p but at it's highest, the SP climbed to £0.33p. Brokers have estimated £0.77p based on successful outcome of SUP alone. I believe this to be wholly reasonable as SUP would deliver significant profits by way of energy generation and subcoal which can, in part, be invested in tidal if required and thus helping to drive down per watt costs whilst, at the same time, investing in efficiency. I think on reaching the EP milestone and based on previous SP highs, I can see an SP of around £0.30p on any positive RNS on hopefully by year end or at latest Jan 2021. Following period of consultation, 9 weeks from NRW decision I would expect SP to reach new 52 week highs of £0.35p+ then increase accordingly with each subsequent milestone reached until financial close. During the meantime (and the reason why I personally invested) any positive news on Tidal should see a surge in SP. Both SUP and Tidal CFD wins will undoubtedly be transformational in both sectors. In terms of longer term SP values, your guess is as good as mine! As always, respect alternative views. Meanwhile, I will continue to tell my wife we're making no money & I'm in it for at least 10yrs so ask me again then!

Likewise oldtramp. Brilliant link. Thoroughly enjoyed the read and serves to underline our position as world leaders. Not many companies I know of within the AIM can boast that I wouldn't have thought.

Very excited! The UK Government finally catching on to the fact that we are an island with world best natural tidal resources. SAE, yesterday afternoon tweeted about their delight on the news. As per OHS's post, Myles Mc the same today... and why wouldn't they? Make no mistake, of all the clean renewable energy company's in the world today, SAE are absolutely in one of the best positions imaginable to secure a CFD. What a difference this would make. The government know it, SAE know it but just as importantly, we investors know it. After all, we're one of the most innovative green clean tidal energy companies in the world. Surge & Swell spring to mind and I'm not just talking about the tide! Goodness knows what will happen to the SP should we be granted a new environmental permit for Uskmouth! With talk of CFD's & EP's, are we being overly optimistic? In my humble opinion... not on your nelly.

Evening oldtramp, yes, of course. It follows a number of email exchanges with SAE's Sean Parsons, Director of External Affairs. Please see the following excerpt from his latest email:

"In terms of NRW we have established a good working relationship with clear lines of regular communications. We expect further letters from NRW very soon that will present that cycle you describe below but from our side the permitting programme has progressed well during 2020 with key milestones continuing to be achieved and questions which inevitably come up answered. Happy to have a call to discuss more though"

This was on the back of an email communication were I was enquiring how soon it would be before we could receive an update from the SUP leadership team again, on the back of a previous communication on the same matter a few weeks ago. I am helping to develop an improved means of greater communication between the SAE leadership team & it's corporate & retail investors. In fact, I have recently been interviewed by an SAE chosen 3rd party outfit specifically to discuss how best we can receive clear & transparent information. Really good thing. Hope this helps.

61m shares sold versus 130m bought yet SP drops through the floor. (-£3.17) What on earth is going on? Yes, were late coming to the party but surely the news this morning should have boosted the SP not ravaged it?

Fine & dandy oldtramp although very muted today I feel despite the OU/AZN vacine news this morning and naturally, I include the SAE SP? It seems some investors are more minded to sell than hold which is somewhat of a surprise to me. Perhaps they're looking to pay for Xmas? Don't they know if they held on the likely bounce in SP could potentially pay for all their Xmas's!

Thanks MrMath. Understood. Were in for the mother of all corrections then hopefully later on today!

Further to my previous post, 4m shares sold versus 7m shares bought and still the SP in decline. Makes little or no sense? Is the SP due the mother of all corrections I wonder?

Morning all, seems like the markets haven't taken too well to what most would understand & appreciate to be transformational news. I'm flummoxed! Have the market men misunderstood the positive enormity of the RNS?

Latest news feed from our favourite company:

https://simecatlantis.com/2020/11/19/innovation-in-tidal-energy-the-subsea-hub/

This is why we're the world's most innovative clean, renewable energy company and the reason we invest.

Morning chaps, just want to share with you an extract taken from an email sent by SAE yesterday...

"In terms of NRW we have established a good working relationship with clear lines of regular communications. We expect further letters from NRW very soon that will present that cycle you describe below but from our side the permitting programme has progressed well during 2020 with key milestones continuing to be achieved and questions which inevitably come up answered. Happy to have a call to discuss more though"
I hope that helps but as always just give me a call if you want to talk through"
Speak soon
Sean

If there was ever a more powerful aid to the SUP cause then this is right up there...

https://www.letsrecycle.com/news/latest-news/esa-slams-xrs-anti-energy-from-waste-letter/

Energy from waste wins hands down. SAE know it, we investors know it and more importantly, NRW know it.

Evening chaps, for fear of being outdone, please see link (copy/paste/browser) on interesting article. I know we've shared a lot of these but this one includes a quote from my contact at SAE, Sean Parsons, Director External Affairs.

https://www.greentechmedia.com/amp/article/developers-look-beyond-floating-wind-to-hybrid-power-generation-platforms

Enjoy!

Hi oldtramp, good post. At no other point in time does the delivery of tidal energy as one of the cleanest renewables in operation seem more relevant than it does right now. It feels like it's gathering a pace but not before time. It feels like the UK government are taking the matter very seriously but not before time. Feels like our time is fast approaching and not before time. I believe SAE will be at the very heart of the consultation process but the fact that we're having this debate is a step if not leap in the right direction. I'm aware the industry requires investment and have posted this a number of times on this forum. Investment leads to lower delivered MWh cost & thus greater profitability. Being located on the sea bed brings with it a double edged sword. On one side, you can't see it which is great for aesthetics but on the other, it's almost benign as you can't see it working so perhaps a little out-of-sight out-of-mind. That's why we all need to work hard with governments & other investors alike. Every news article is good & positive and this is helping (IMO) to bring about more knowledge and hence understanding of the benefits of tidal. SUP is critical to us but not just for land profits per se but because SAE are likely to use some of those profits to further invest in tidal. My understanding is that everything is going well with NRW. What a ride this is!

Hi Matml74, really appreciate your response & totally understand your explanation. Thanks.

I agree OHS. £0.2215 to buy and currently £0.22 to sell. Hardly anything in the buy & sell price then as it stands. Some good news now really would help to push the SP up. I still find the red sells on LSE infuriating when they ought to be recorded as blue buys. Anybody know why this is?

I agree. Brilliant for tidal suppliers like our very own SAE. But only what we've been expecting as we're all believers in this form of renewable energy. Thats why we investors speak so passionately about Simec Atlantis and all that they're trying to achieve. For me, reducing carbon and helping to save the world is the name of the game. Hoping at the same time to (pardon the pun) swell the coffers! Great posts Strangy83. Interesting & positive!

Hi LockerRoom, thanks for your response & understood. We've talked about this same matter in the past. From my own petspective though, I find it interesting to see not just the volume of trades but also any actual buys & sells during the day and it's relationship with how the SP is performing at that point in time. In other words , it would be beneficial to me if the data being produced was accurate that's all otherwise why have it?

Just taken a quick look and LSE are reporting 21 transactions with all 21 of them red sells. What's the point of it?

Incredibly frustrating this. oldtramp has previosly voiced the same concern. Why LSE report buys as sells & vice versa is beyond me. Rather like its share chat forum recently... quite unreliable!