What's going on here? Up from 7 to 9p without looking back
£10 million cash burn Dec 2014 to Dec 2015, cash dropped by £10 million. So they will need another placing in six months or so. Glad I sold at just under 6p.some time ago. Wait till after the placing and then buy in, that's my advice.
in lay terms [link]
Good news? I am surprised no-one has flagged this up deal with Honda:[link] take it this share does not currently have much of a following!
Re: Has the oil and gas glut killed fuel cel... "We are all doomed." The idea of fuel cells generating heat and power is wonderful, but with the glut of gas from fracking, and the sinking oil price, why bother them? Don't think that the Paris climate change resolutions will make much of a difference to the power generation market for several years, by which time we will have run out of money.
Doubled my holding. Something's afoot.
Has the oil and gas glut killed fuel cells I've always been an optimist for fuel cells. However if gas pieces follow oil prices and the IEA is right in its forecast, what made sense at $100 a barrel probably doesn't make sense at $50 a barrel. Although the cost of money is low the additional capital cost has to be less than the cost of the fuel saved over the life of the device. So I'm thinking its time to sell. Opinions?
Info www.proactiveinvestors.co.uk/companies/news/114989/ceres-power-targets-more-asian-fuel-cell-deals-114989.html?utm_source=Sign-Up.to&utm_medium=email&utm_campaign=7163-341415-Proactivity+-+07%2F10%2F2015
Up 10% what's going on?
edison res [link]
Morning all. New to this site. I was alerted to some investor news for Ceres this am. Can I find it? Can I hell. Help!
Re: Why has there been no news about thi... Slim111 you have to see this one as big diamond lying at the bottom of a dirty stream. Some day the water will clear and it will be picked up, making someone a lot of money.
Re: Why has there been no news about thi... Lack of posts here - I take it this one is the living dead?
info also turns his attention to fuel cell specialist Ceres Power for a feature and says a lot has changed for the firm that de-risks the proposition.In July, the company raised £20mln, which means it is financially well supported for at least the next two years as it cements its commercial ties with big manufacturers in Japan, Korea and the US.The share placing also brought in a number of new, supportive institutional investors that understand the long-term potential of Ceres. See more below.[link]
Re: electricity to methane Itm Power have got projects in Germany converting power to gas. Not sure if they us methane though.