theprior
03 Oct 2017
Doing it in Japan A different take on wave turbines, but same principle...[link]
forwardloop
27 Sep 2017
info [link]
badinvestment
26 Sep 2017
Re: Interim results They still appear to be burning cash at a fair rate. June cash position was £6.9 million where they had £10.2 the previous December, and that includes £4.1 million raised in May! The bond gives them another £5 million since then too. It is just as well that MeyGen is producing cash now to cover the cost of all this.Brexit, and the doubts that must now surround future EU grant funding must be a part of the recent change in attitude towards this share. Any thoughts?
badinvestment
26 Sep 2017
Interim results [link] on the Atlantis web site on 20th Sept. Excerpt below:Tim Cornelius, Chief Executive of Atlantis, commented:“The first half of 2017 has been a very positive step forward for Atlantis and its portfolio of projects. The installation of the four turbines at MeyGen earlier this year, was achieved safely and in record time. We are extremely excited to see the final turbine, our AR1500, be reinstalled at MeyGen in the coming weeks and seeing the project complete its transition into full operations. MeyGen Phase 1A has already set a number of records, with over 2GWh of generation having been dispatched to grid, generating predictable revenue from ROCs and wholesale power sales from the PPA. This now allows us to consider a re-finance of the project to improve returns and liberate capital for new investment opportunities.“In addition, the first half of 2017 also saw us formally launch Atlantis Energy and the announcement as preferred developer of the 160MW tidal barrage and flood protection infrastructure project in the Wyre Estuary, England. We believe that this is the best pathfinder project in the UK to help demonstrate the benefits of predictable low-cost generation from a fleet of commercial scale tidal barrages across the UK. We are very excited to develop this project alongside the rest of our tidal stream portfolio throughout the UK, Europe, North America and Asia. There are number of very exciting projects being developed in South East Asia at present and we are well positioned to convert these opportunities into equipment sales and project development contracts.”
Ripley94
15 Sep 2017
Re: Ops update Your be lucky prior recent lows today's . ??
theprior
31 Aug 2017
Ops update Record performance + 2000 homes powered by just two turbines with third deployed and functioning.Been a while coming but now can we have uplift in sp, please 
)TP
theprior
31 Aug 2017
Ops update Record performance + 2000 homes powered by just two turbines with third deployed and functioning.Been a while coming but now can we have uplift in sp, please )TP
theprior
06 Aug 2017
CFO stands down Not reading anything ominous into that. He's staying till the end of the month so not being ghosted out due to any misdemeanour.Replacement identified.Tidal must be the way forward. Even if the sun ain't shinin' and the wind ain't blowin' the tide still ebbs and flows all day, every day, 365 days a year.Bring it on, (as they used to say!)TP
theprior
25 Jul 2017
Re: Bond now fully subscribed Mines half full
))TP
badinvestment
25 Jul 2017
Re: Bond now fully subscribed At 8%, my only surprise is that the bond took so long to sell out. It is certainly a lot more than we the owners are likely to see for a long time to come!! Perhaps the month long bond buying period is a sign of caution by those investing?
theprior
25 Jul 2017
Bond now fully subscribed Took a while but they got there. Looking forward now to more deals for further deployments.TP
Passive Investor
10 Jul 2017
Interview with CEO [link]
theprior
10 Jul 2017
Great news Good update by ARL this morning.Shame you sold up, Mark.Revenue stream now stabilising.TP
theprior
07 Jul 2017
Re: Out Good luck MarkTP
marktime1231
06 Jul 2017
Out Decided to take the hit and completely sell up today, a really poor outcome. Should have sold back in January but convinced myself this was a longer term prospect worth holding for a dividend stream.I do not intend to become a bond holder and I cannot see a propsect of a yield nor an improvement in the share price anytime soon. When the bond is offering 8% over the next 5 years why would anyone buy the shares? There is exciting value potental opening up in other stocks and I now have cash to invest.As another poster said recently, sometimes you get sick of staring at your mistakes.
