Member Info for PuzzledPete

Correction. market cap shown as 5 t imes less than it really is (12 times is the increase in issued shares so far after the July warrants scam )

I see LSE still showing issued shares as 31.77m (more than a month after much larger announced) - and thererfore a £1.3m market cap

Wonder how many punters misled into thinking market cap is 12 times less than it really is, and so think they are buying cheap.

Why Hindlip will deliver little or nothing to Mast has been fully worked out on here from the co's own financial announcements.

Its just a question of reading back, and understanding.

In-ground value is totally irrelevant when a project is this far along and other valuation measures, feasibility studies etc, have surpassed it. eg the latter takes account of the long time scale to retrieve whats in the ground. An in-ground value doesn't. Likewise many other actors determine value, when in-ground measures don't. . So forget it.

Your own research doesn't seem to have told you that Hindlip isn't going to deliver any significant income (in fact possibly nothing at all) to Mast, where you're invested, for a long time yet.

Do you not understand that Mast sells power into the grid at prevailing wholesale prices (for which it has to bid against competitors) so I and no one has a crystal ball to say what it will be. Because there are competitors we can't either, know whether it will be invited in and at what price. But the presence of competitors will limit what it can get. What you can be sure of is that PK will trumpet those periods when wholesale prices are high as in the winter and low wind. He'll be quiet when they are low.

What is the relevance of £2 (asking for a friend)

500 ft - Is what the man said, having fallen from a 500 ft high window onto a solid concrete floor.

'Enormous' ! How ? Where ? When ?

Even if all Hindlip's income were to come to Mast (which none of it will) it would be worth - on 177 million shares - an 'enormous' 1/2p per share.

As it is Mast will have practically NO income for the next few years.

And to remind whoever has mixed up 'enormous' with 'miniscule' , he is invested in MAST - and not even in Hindlip or Pyebridge. 'Enormous' numbers of outsiders are, and they will take ENORMOUS amounts of their income.

And I wonder why ProfitJock doesn't want you to know either. Its a Puzzle !

I've posted this before.

Hindlip at 7.1MW is relatively cheap at £5.5m to build (plus fees to buy the site and early work) to meet which it has to borrow £4.5m at 10% from Powertree, who also puts up £0.5m for 75% of the shares, leaving Mast to put up only 25% - with Powertree in full control.

On 7.1 MW Hindlip will make about £2.1m annual revenue worth about £600,000 profit if lucky, although capacity payments will earn another £450,000 annually.

But to repay the loan over the usual 8 years will take £840,000 pa. So at best even with capacity payments Mast will get 25% of a miniscule £200,000 annual cash surplus. And that only after Powertree declares it as a dividend. ie probably not until after its 2026-27 financial year.

Wonder why PK doesn't tell us this ?

Poor Kitty. Been bounced so many times. A bit like the lemming rampers

Do show these increased revenues. I haven't seen any. Neither has anyone else.

Its you will be reported to the fca for lies not backed by any evidence.

If it survives it will be at the expense of current shareholders who will lose yet more of their share of the company. That has been my point all along. Not that the current management is worth saving. You should look up its appalling history of missed promises and of losing shareholders money. Why do you suppose the shares are now less than 1% of when floated ?. It might stumble along for a bit if mugs put up the extra money it will come to them for soon. But it has no credibility and thoughts any data centre will trust it to build and run its power supply when there are hundreds of other much better run and financed suppliers out there is merely PJ's Walter Mitty-ish fantasy. Look back at his fantastical promises and dreams all the way back to when he was Kibo's CFO 6 years ago. You'll be shocked.

So someone thinks Mast will get near a £50m market cap ? With net assets worth only £5m, and no cash to get its existing plants going - let alone pay for new ones. And when it's lossmaking for the next few years.

Well I suppose pigs might fly

See my post 30 Dec 0820

Shows how pathetic AI can be, as well as anyone depending on it. Has it analysed Masts finances ? NO ! Its just regurgitating what any intelligent investor can recognise is Walter Mitty's fantasising and 'ambitions'. Ask AI whether Mast has any signed contracts. What its year end cash holding is likely to have been. And what qualified analysts think of it.

That you can't ask the right questions shows how little of a clue you have.

Ask it also why its broker Novum resigned a few months ago.

Plenty of other questions you are incapable of thinking of - just like the Roast Numpties

You may have got that right Invester. My numbers are based on the company's. Plucked from thin air probably.

Dear oh Dear Mr Invester ! Can you not read ? Can you not understand numbers ? They have all been spelled out quite recently. Have you ever been able to understand anything more difficult than a John & Jane nursery book ?

And you Mr Glassrock. Do a bit of reading up. You obviously know nothing of this situation.