Member Info for PlantPower

Nonsense.

How else do you think PXEN would have built a gas plant and a pipeline?

Raising £1.87m at 4.25p was not discounted , had no warrants and the only way to raise cash without revenues.

Now it's all set-up - with 2 cash generating assets being able to self-finance future organic growth of assets with no further dilution to shareholders.

No debt, no warrants, no CLN's post March.

Meanwhile, as one wise know it all stated:

"retail favourites are being diluted to death with no production to cover board wages, admin and drilling costs: Cash is king.Dilution always the answer. I hate to think what the MCap for all these non production companies are #BOIL #PREM #HE1"

Meanwhile in Aus, Chairman of PVE who are the JV partner and operator for selva assets in Italy has added shares to his holding this week.

Negligible debt - and will be gone end of March and converted for equity.

I don’t think many companies have such a clean setup post March:

- No debt

- No warrants

- No CLNs

Just assets producing actual cash.

Https://twitter.com/DavidBurton1971/status/1757699293824040975

More rumours

Beast is stirring - look at those big beasty buys today:

- 200k

- 150k

- 100k

- 50k x2

- 250k

- 600k

- 500k

Fab volume - something cooking in Mark Routh's kitchen.

Well hello there Stiffy old chum, few points:

1) Great to see we’re in violent agreement on being long pxen.

2) Well done on buying more cheap shares

3) Like Pinocchio, who was rather stiff, you seem to like a porky. You were removed from the jovial TG for calling me the Chancellor of the Exchequer, which I think is a) a disservice to the real Jeremy Hunt, and b) your stiffness seems to be a better comparison to dear old Jeremy.

4) Technically the weekly chart is looking nice and bullish with a falling wedge bullish reversal pattern, so says those in the bingo hall know 👍

5) Slide back into my DM’s old boy in TG and I’ll let you back in - just keep it clean Mr Hunt 👌

Interested buyers expected to fuel run to 10p and beyond.....no smoke without fire I'd expect.

https://twitter.com/TKIA_1/status/1755566937331880351

Plant Power is Theyknowitall = wrong......anyhow, I've told you twice now.

Not much on offer at 6p into close - good to hold this area and build again.

I’m not daft - or buying and selling for pennies as you’ve repeatedly declared.

Exit strategy = liquidity event.

That’s wealth creation 👍

I wish I was James Simmons with his holding!

Only circa 8m shares here 😎😎😎

More technical strength commentary:

- "RSI 1st time over 50 on weekly since March '23"

- "Price 1st time above 30wma since March '23"

- "March '23 downtrend broken"

https://x.com/mbdaytrading/status/1754850064084718054?s=52

Looking strong again - expect this starts to run back to 7p+.

Cheap - while fundamentals and technicals looking ace.

Great volume again yesterday.

Spanish and Italy updates expected soon 🔜 on permits, whilst both already producing cash.

DEBT FREE / NO WARRANTS 👍👍🌱

https://twitter.com/TKIA_1/status/1754600570566951381

As technical folk point out - still above 8, 21 and 50 ma, so bullish technically right now.

Worth remembering in just 2 more months PXEN will have between £3m to £3.5m cash (expect upper end) in the bank 🏦

39% per TR1 / Board share register officially accounted for - reckon closer to 50% based on wider knowledge of holders.

At some stage stock will dry up and this goes.

Strong production going forwards = SP re-rate

or

Low Mcap = Buyout target.

Either works, but the sizzle is coming back....

The beauty is PXEN own 2 onshore assets in low costs regions (Italy and Spain) with infrastructure and plan build out and paid for, local connections to grids (1 of only 4 in Spain available) and with large organic growth potential.

Both assets now producing - and that production revenue can be used to further developing assets without need to dilute shareholders and raise more funds.

Additionally, Selva we have already been granted permission for entire field, but operator just needs individual well permits approved - which seems highly likely considering overall concession award.

Each well will be self-funded - plan to drill next 2 wells off same pad - and these will add multiples to current revenue in relatively short timeframe.

Spain - expect news soon, I cannot see the status quo to continue, and a solution to unblocking the green permit path will be found.

Considering mcap - these are very exciting times, and a bonafide investment with little downside but large upside.

Debt free / Warrant free / Cash producing / Additional permit approvals in short-term.

As expected - Q4 production up from Q3 with 641k to PXEN bank account, but rate intentionally kept just under 10mln scms so 10% tax avoided. Very sensible.

Now production has been increased - no debt, cash in the bank, cash cow, permits pending across both assets.

Tide is turning - under 7p is still cheap.

https://wcsecure.weblink.com.au/clients/povalleyenergy/headline.aspx?headlineid=61192128

Hot on heels of winning of 1st US state contract 📑 last week…

Another good summary in #ACRM TG:

“Some interesting snippets I picked out from Angus:

➡️ 6 sales person employed at the moment. Each would be expected to achieve around £750k in new business a year.

➡️ Haven’t even scratched the surface of potential British Government business. Massive opportunity.

➡️ About a dozen customers in the states, hope to grow that by >50% in 2024

➡️ 3 or 4 big opportunities on the go at the moment. Currently pitching to a Fortune 500 company in the US.

➡️ About 10 customers in Germany, potential to expand with new partner.”

#ACRM - excellent post in a TG group 👍

“good podcast and some interesting points made by the Chairman, Angus Forrest. 👆

He’s no ‘spring chicken’ but he definitely knows how to grow & sell businesses!

I didn’t realise ACRM had grown the British Gov contract by 10x and he also anticipates similar growth with other new customer companies.

Ref British Gov contract AF stated:

‘Absolutely massive opportunity, with our number one department (MOD) we could easily do £1 million a year (we’re only doing £500,000 at present) but that would only be scraping the surface. Probably there’s £5 million a year in that one customer’.

If they achieve the £5 million a year figure - that would be 100x from the original contract and on top of that repeat revenue streams in the future, with even further potential gov department contracts coming online through the pipeline (also up by 165% to £7.9 million)!

In addition, AF also states they are aiming for a further 50% increase in contracts from the US (in the next 12 months), which is the biggest GRC market globally.

To top it all off, he’s also planning his exit strategy once the business has grown significantly:

Circa 23mins 20 secs

‘One of the reasons to come on the market is to exploit the business, grow it and … [sell it]’

(Stating that the business model allows rapid business growth – which is attractive to an acquirer).

Very clear strategy moving forward and lots too look forward to in the short term:

AF stated:

‘2023 was a year where we put in place the steps for transformation & growth…2024 is when we demonstrate we are growing really strongly.’

I do like the way this company is way under the radar at present. GRC is not an industry which includes the excitement (volatility) of the mining sector but it is steadily winning contracts, generating cash and moving into a huge market opportunity (due to legislation, global cyber threats, reputational risk etc).

I don’t think ACRM will multi bag ‘overnight’ but I do think it will multi bag over the short to medium term– just with a lot less ‘noise and fanfare’. 😉

IMHO”

Talking about leadership. Nice interview from Angus released:

https://x.com/marketmusing/status/1750941674027524214?s=52

Agreed.

The strategy is clear and being executed on perfectly to date.

‘24 will be interesting for sure 👌