Member Info for Shivest

I think the rise will be more than today. Settling at 3.4

LiFePO4 perhaps, a new battery technology with a longer life cycle. About 3000-5000 compared to 500-1000 for Lithium ion

creeping back up, think that's the end of the shakeout.

MM's replenishing their inventory at a bargain price.

It's not clearly worded. But the way they say it will bring immediate funding to SAE indicates they will be getting the 1.2 million from the demolition company

I do discuss constructively, and neither ramp nor deramp. Show me where I've ramped/deramped

over 3 now!

"We will write to you shortly to provide you with full details and to formally request an extension to the repayment date of the debentures and potentially a short deferral of the upcoming interest payment"

" potentially a short deferral of the upcoming interest payment"

Assuming that now there is the 1.2million from the contract they can at least pay the interest on time which will keep abundance happy.

They don't need a power source, there is already fluctuation in the grid, and Tesla has a system in Australia already. You buy very cheap when there is oversupply and sell very high when there is peak demand.

EarlofAim. I respect people who have a negative outlook if it's sincere. But you don't seem to take on board new information and are still acting as if it's October 2021

"No revenue increase"

Did you not read the RNS this morning? Did you not see that a 2nd turbine is already back in the water generating revenue right this second, and a third is due in within weeks?

Cash in theory will be needed by the end of june, we've just got 1.2 million and 2 turbines (soon to be 3) in the water. Things are a lot lot better now than they were during the placing RNS

At least we have closure on Uskmouth, even if it didn't come to fruition as originally planned, and 1.2 million of revenue to go with it! BESS and MeyGen to focus on now

I reckon this will be a steady climb above 3p too, rather than a rocket at open, peak at 10am then slowly drift down as sometimes happens

So THAT'S why they focused on uskmouth being the excitement rather than meygen in their appeal to abundance :D

GLA!

Back in. Bargain

It was sub-2 for a moment there, never mind

Sold about 20% of my stake on Monday at 2.77. I'll be back in at these prices. Not complaining at all. Bargain

"We have been making steady progress on the development of our sustainable energy projects, in particular at our Uskmouth site"

Really? Meygen seems to be the area to celebrate, unless something is going on in the background at uskmouth that we don't know about

Doesn't sound good, but looking objectively I think it isn't too bad. They don't have the cash to repay, but have more income now so should be able to soon. If we get an RNS that they've accepted the terms this should do quite nicely, although may dip a bit until then.