Member Info for TRBob

Ok, it's unclear as to how it will work and breakdowns, a bit more detail would have been nice from them, but what Andy posted confirms that more is to follow.

Yes, I don't understand, better to just sit on it.

Yes I bought a few.

It's the record date for payment today which is different to the actual payment date.

I'm a bit confused by the 185p figure, it's not clear whether that is coming further down the line.

'A circular seeking to reorganise the share capital, which is expected to facilitate a further distribution, will be sent to shareholders in due course.' - So this will confirm the 53p and hopefully what will happen with the FTSV shares, IDK whether they'll wind it up or amalgamate it into one of the other funds?

Ok, so it did fall off a cliff... I've emailed Foresight and asked what their plans are going forwards.

I stumbled across this yesterday and wondered the same, surely the SP isn't going to fall off a cliff on Friday, but has a whiff of too good to be true

Thank you both

I'm no expert on tidal turbine tech, but ever since seeing what Orbital had accomplished with the O2 turbine, it concerned me that it looks to be a much better solution compared to the turbines SAE were building. A greater capacity and much easier/cheaper to install. So now they are presumably free to use whichever turbines they please at the Meygen site? Trying to see a silver lining...

Its the Pentland Firth, water is channelled through this narrow gap between Orkney and the top of Scotland, powered by the Moon orbiting the Earth. The Gulf stream is a massive conveyor belt in the Atlantic powered by temperature variations, put simply. I suspect that the Gulf Stream is too diffuse to harvest energy from with turbines, plus its in much deeper water. The increasing amount of fresh meltwater from the Greenland ice sheet puts the Gulf Stream at risk which could make Europe a lot cooler.

Taking energy out of tidal streams such as the Pentland Firth will increase the rate that the Moon is getting further away from the Earth in its orbit. But this will be negligible, given the size of the Earth and Moon. If the turbines are placed correctly (the same as with wind) then they shouldn't impact each other.

Interesting feature in yesterday's episode on monitoring the impact on wildlife. Although SAE was not named, only the Meygen array, I'm 99% certain the turbine was one of SAE's.

Click, Robot Repairs Out at Sea: www.bbc.co.uk/iplayer/episode/m0017njq

Rise = Renewed interest in renewables in general due need to reduce reliance on Russian fossil fuels, also I believe from other posts that turbines are being put back in the water following servicing

Fall = I would guess mostly profit taking by those that bought in during the rise

https://www.thisismoney.co.uk/money/markets/article-10147589/Sanjeev-Gupta-firm-seeks-state-funds-tidal-energy.html

https://www.independent.co.uk/climate-change/australian-engineers-patent-thermal-block-to-store-renewable-energy-b1946068.html

No mention of cost though.

I've been in since the very beginning, watched it go down and down but kept putting a bit in to get the average down because I have faith in this company and the technologies. A few times I could have got out and made a real good profit but didn't. I bought a load at 4.3p a few days ago, on that faith, hopefully this is the start of everything coming together. Still a ways to go I know and still a lot of risk. Good luck all and have a nice weekend.