RE: Numbers3 Sep 2024 15:23
My logic of thinking:
If a 6mw has produced 66gw in the time of research and development.
Let's say 6mw produces a quarter of that per year (fully operational).
6mw would equate to around 16gw annually avoiding decimal points for quick math.
16gw X 10 (59mwh) (again rounding up to avoid confusion) What's a mwh when working on logical thinking anyhow).
When full potential is reached this would equal a possible 160gw produced annually if SAE can reach full potential.
So it could be £172mwh X 160,000 mw equated to a possible £27,520,000. Per annum. This is an underestimation also.
The CFD closes in 15yrs so the point here being is that will allow SAE enough time to not only turn this into a very profitable business whilst growing into its full potential, it also allows for further agreements on growth of capabilities as we near the 59mw full completion stage. I very much doubt by then that this business will need government support because 20 odd million(loose math once again) per annum is a very attractive prospect to PI's
My sums are vague i know but I've deliberately under estimated the full potential here except for rounding up the 59gw to do for very, very quick math.
Facts here are the potential is huge bigger than some can equate. The support to grow is here despite a lack luster economy. The business has proven itself to be viable and the quick math says sustainable. USK pitfall has been mitigated all be it partially on the debt side of things. BESS growth potential to add and possibly ventures around the globe to grow.
The only question i have here is why would the SP remain low on this medium term out look? The only answers i can come up with us we need more debt reduction and possibly bigger investors to come in and shake hands with SAE.
All in my own opinion of course.