nk1999
26 Apr 2018
Rise today Any news/ rumour, anyone?Thx
MNKGV
03 Mar 2018
Re: STILL very important for the grid Even as I type, coal producing 29% of demand. There is a restraining hand somewhere in the system with some common sense left. Unknown but influential enough to realise the folly of destroying those coal burners we haven't torched , yet. Well done you.
KEEPING CALM MIKE
03 Mar 2018
STILL very important for the grid Fossil fuel or Biomass, Drax still has a very large input to the Grid, and with the adverse weather we have had recently , I am sure that they are operating at full steam . Stick with them , I have just bought back in, as at the recent t low £2,s were a good opportunity, as I think they were oversold, and glad to see I have been lucky with my timing at this stage . K.C.M.
MNKGV
02 Mar 2018
Re: Results Well done HR, I'm back where I started nearly three years ago.Tried to sell at 291 a few weeks ago only to find the new iii platform wasn't working ! You will find there will be a 'saw-tooth ' point where the big traders sell/buy to make a living.
Happy Rabbit
27 Feb 2018
Results Very happy with the 3% bump in the price this morning. It won't last the day, I'm sure.The results were surprisingly good, considering the cost of buying Opus energy and the negative impact of currency hedging following the strengthening of sterling against the US dollar.Also pleased with the now 5% dividend and the promise of further divi growth, year on year.The three converted units are now in full production and Drax produced 15% of all renewable power for the UK last year. The fourth unit conversion to full biomass should complete this year and will add to that total.The other priority for this year is getting LaSalle into full production, which again will increase the volume of "in house" biomass production and ongoing supply line savings and flexibility.Opus energy is also contributing positively to the results, and overall Drax is creating a good flow of cash.I may well be increasing my holding throughout the year. I love this business!Regards,
MNKGV
26 Feb 2018
Re: Buying ahead of results! HR As a too long holder of this dog share I truly hope your plan pays off. I could easily go on a rant about what politicians and their ilk have done to the successful energy industries this country once had.
Happy Rabbit
26 Feb 2018
Buying ahead of results! Just can't resist DRX at this price, so have bought back in just ahead of tomorrow's results .Perhaps not the most sensible thing to do, but you never know!Regards,
MNKGV
26 Feb 2018
The death of coal. Today, now, coal producing 24% of 41GW National demand.Good job you still have a few coal burners left, eh ?
axel27
08 Feb 2018
Value of keeping the lights on Good evening.Picking up from the last discussion point. Howevercost rather than value.It is £8.40 /kW /year in 2021/22. For 500MW unit, around £4.2m.Tomorrow we will see what capacity DRAX offered and won, or not.I could imagine this £8.40 is below expectation. However if you are budgeting to run the plant to get ROCs, then it is better than the alternative - nothing.Costs of these capacity payments will be coming to your electricity bill, to add to, well many other supplements.Good night, A ... going off-grid
MNKGV
08 Feb 2018
Re: Good report About time someone in the engine room informed management that the way to getthis share price up is to shut a few boilers down. It is capitalism at work, how much do you value having the lights on ?
MNKGV
26 Jan 2018
Re: Good report I have been with this 'dog share' for nearly three years and not earned a penny. Like CNA , it is shackled to dishonest government policies and 'burning wood from the US of A just isn't going to fly'.
Graham Morrice
26 Jan 2018
Re: Good report I hope Chatham House will respond in detail to the comments from Dovecot Inc. to help us judge their validity or not.
Happy Rabbit
25 Jan 2018
Re: Good report my understanding!
Happy Rabbit
25 Jan 2018
Re: Good report An excellent rebuttal of a very poor report indeed from Chatham House, which had a significant impact on the biofuel debate. How these people get away with it is beyond by understanding.Regards,Happy(currently out of Drax, but will return)
in4apennyin4amil1
24 Jan 2018
Good report Trashing the Chatham House hatchet job on Biomass.[link] they didn't publish it sooner...
