Member Info for TRBob

'In recent years, David has been instrumental in achieving financial close of the AW1 Battery Storage project and establishing Ampeak's pipeline of a further 4.3GWh of Battery Storage development projects.'

AW1 + AW2 + MeyBESS = 2,690 MWh, so is AW3 the missing 1,610 MWh? Or some other projects? Positive nonetheless.

'and work continues to bring an additional 59MW of tidal capacity to financial close.'

Nice to have that in there - positive.

'Our supply chain partnerships are in place, with Canadian Solar SES committed to supplying batteries for our future pipeline. Our optimisation partnership with EDF provides commercial certainty for AW1 operations.'

Has this been mentioned previously or is it new information?

All in all I don't see any negative either, good update.

Apologies Mr. T, we were typing at the same time and you beat me to posting, I too was replying to Kamakiriad.

I concur with what you said.

Forensic sold out of these and SSIT a weeks ago, I think that it was posted on the SSIT board.

You would think that, but as it's AIM, as usual we get the opposite of what should logically happen.

I think it's poor general wider market sentiment, you'd only get a rise today if it was some fantastic slam dunk news.

Most things are down today... I still don't understand small value buys/sells, even if you use a no fee platform such as T212, what is the point at that value level? Is it teenagers? Or people testing the waters of investing?

Absolutely yes on the update, but historically AMP have always been frugal with their comms.

I like your optimism Kamakiriad and I hope that you are right, from what I have read, Andy Burnham seems to be a positive for us, however, I have a feeling that not much will change. As we all had high hopes about GBE, it's been pretty lacklustre so far.

Not trying to be overly pessimistic, just realistic. At the moment it looks as though the success of the BESS projects are the best hope for financing the tidal side. Why the CE haven't invested more towards tidal is beyond me, as they would directly benefit as they have done with offshore wind.

Thank TL and I agree Brydo, had some decent buys in the last hour and a half I see.

I share your frustration botbot, although it's just the nature of the beast, it could be for a number of reasons, as nashwan states, or people pulling their cash out to invest in things that are now looking more attractive due to the events in the middle east etc....

Nail on the head 👍

Thank you BigShow, good interview that outlines a path forwards.

I understand people's concerns and I am under no illusion that this is still a massive risk, but I do see the potential to at least get my initial investment back (after I averaged down that is), that will be at the point where the board members get their rewards from their stock option, so I am tentatively optimistic.

@Camelot1968 Especially as they are at a loss, I'm seeing this in another share that's at a historic low, maybe jitters or stop losses being activated?

@Vendric Perhaps, it is odd though, SpaceX IPO was on the cards already when SSIC came into being, why not wait? Or was the hope for some profit and then roll it into SpaceX? Who knows....

Yes it's a decent update, I've seen other companies sell assets to fund potentially more lucrative avenues and it has worked out, time will tell though.

Always a positive sign, no effect on the SP, bad wider market sentiment atm unfortunately driving it down.

All resolutions passed.

More decent buys.

The 4 large trades of a million shares each are a bit odd, on first glance they look like sells, however there will be 0 profit, so I guess they are buys with a discounted price due to the volume? Or someone cutting their losses and getting out whilst they can, hopefully the former.

Hopefully it will be announced this afternoon.

Some decent buys today.

Yes as Homer says it's a general wider market drop, probably due to lack of progress in the middle east.

After reading the following, I'm inclined to stay invested; https://www.proactiveinvestors.co.uk/companies/news/1093124/spacex-s-28-5-trillion-market-claim-may-be-a-floor-not-a-ceiling-peel-hunt-argues-1093124.html?rel=scroll

It seems to have been tracking down already the past few days. Given that it's at a large premium above NAV I'm tempted to take my profits. But sods law would be that it takes off again afterwards, probably around the SpaceX IPO.

The explosion is a Bezos Blue Origin rocket, do any of the SSIT holdings use them? Ofc just the fact that 'a rocket' blew up would make people jittery doesn't surprise me.

It's happened again this morning, very strange, the spread is low so it's not that, maybe it's greedy MM's trying to activate people's stop losses and grab their shares?

Hi Russ, in my experience the markets are driven by sentiment mostly, logic often does not factor and things can seem counterintuitive.

MMs will do their utmost to wring every bit of cash out of us PIs.