Member Info for TRBob

Thanks OT, very interesting!

Absolute no brainer to me, the Severn barrage seems to be gathering pace again also. Similar massive costs to nuclear, but likely to be built quicker and with no waste to sort out which after 70 years is still held in 'temporary' storage.

Https://amp.theguardian.com/environment/2024/mar/08/oil-industry-has-sought-to-block-state-backing-for-green-tech-since-1960s

I'm not a regular reader, this came up in my Google suggested articles, almost like it knows what I've been typing...

Thank you for sharing.

My cynical side says it's fossil/nuclear lobbyists holding too much sway over short-sighted decision makers in government and/or 'old boys' club doing favours for their old school chums in fossil/nuclear.

The lack of news and communication that shows what the company is doing is frustrating, but I'm pretty sure that they will be working away in the background. At the moment, a comms officer is likely seen as a luxury that they can't afford. Just from my own experiences, one working in a start-up and also setting up a business of my own, from the outside it may seem that nothing is happening, yet on the inside it's long days with the possibility (not guaranteed) of reward a ways off in the future.

Agreed our government are very poor on renewables, it looks like if labour came into power it wouldn't be much different, I appreciate that its a much more complex situation, but I feel that governments should do more on the policy side of things to encourage/incentivise the private sector.

To give Elon his dues, he put up a lot of his own cash and almost lost it all a few times. Tesla and SpaceX (at least) were already existed before Elon got involved, he brought the cash and the drive (no pun intended) to get them going. I'm pretty sure that if we got an Elon that had deep pockets, the acumen that he has then we would be in a totally different place, but we don't, so slow and steady wins the race... or collapses into oblivion. I'm not an Elon fan boy by the way, he has made great achievements but has done things that don't sit right with me.

"Whenever I see day traders in here it kinde feels like I'm staring at that one guy at the train station that is talking to himself." - Good analogy MT, made me chuckle

I'm pretty sure that the only downside of bad weather for tidal is if it coincides with a planned change-out of a turbine.

I hope that we all do. Money aside, I'd also really like to see Tidal tech become more widespread in the way that offshore wind has, which as you know also faced high costs initially.

It could also be viewed as stubbornness or stupidity lol. I've always viewed it as a high-risk long term play.

A few times I've said the same, that's it, no more, the Director buy was my last purchase though, but I don't plan on any more, because I don't have the spare cash at the moment.

2.47, 10 years is a long time to average down and my initial investment was pretty small, I wouldn't class what I've done as pouring my money in (I have low risk investments also), just waited for the lows, if I've had some spare cash then I average down incrementally. It saved my bacon with the S show that was Sirius and a few others, but I've also being burnt other times. I could have cashed out in Sept 2016 and Sept 2020 and done well, in hindsight I should have, but what kept me in is my belief in the technology, even more so now with BESS.

I hope this doesn't sound too airy fairy, I actually find this board quite refreshing, everyone makes well reasoned posts and there is a feeling that we're in this together. Pretty much every other board for my other investments is mostly chaos and noise.

We've had the rampers and de-rampers before and no doubt when this starts to move they will return with their nonsense, as is the way of the world.

I've been in since the IPO, yes things aren't great and the comms are very poor, but I still (maybe foolishly) have hope that this will come good.

I don't post often as I don't have much to add of value, but thank you to those of you who do.

Thank you Strangy!

Thank you, yes mine got paid in yesterday, there were no comms, I'm sure that the last time something similar happened there was more information given out.

I'm pretty disillusioned by the markets at the moment, for me the safer the better at the moment.

..

Maybe they're putting it together today? But surely they could have drafted versions for both outcomes last week and just hit send on one this morning? HZM released an RNS this morning, so I'm inclined to agree with Wenglishboy that the comms leave a bit to be desired.

How will we find out the result, an RNS?

You just beat me to it TL, nothing majorly new in the article but hopefully it will raise awareness.

The charts don't look correct to me, in March 2020 didn't it go sub 1p?

I wondered that too, I bought in at the IPO, wasn't it 60p or am I misremembering?

I received the following this afternoon;

'The Solar and Technology VCTs which you hold shares in has now sold, please see the RNS below. .

https://www.londonstockexchange.com/news-article/FTSV/sale-of-ordinary-shares-portfolio/15783700

There is approximately 140p return per ordinary share. This will be paid via special dividend on the 22nd of March. This means that should you wish to re-invest the proceeds into the FWT share class, you are able to.

Reinvestment into another Foresight managed tax-efficient product will benefit from a 0% Initial fee, should you reinvest by the end of May 2023.

The exit proceeds are due to be paid to you via a special dividend on 22 March 2023 to your nominated bank account. If you would like to reinvest before the end of the 2022/2023 tax year, we encourage you to submit your application ASAP (with payment to follow) as we anticipate higher volumes than usual with Tax Year End fast approaching.

If you have any further questions regarding this, please contact the Investor Relations Team on 020 3667 8181 or at investorrelations@foresightgroup.eu
Should you require any further information please do not hesitate to contact me.'