Adam Kubiak
04 Jul 2017
Re: Plutusn Powergen now on Twitter Don't think we will have to wait that long. I am hoping we will get an update on potential gas powered sites - the location of sites and funding etc etc - before the autumn, perhaps even the identity of the Blue Chip Energy Supplier who is will to take a 20% carried interest, leaving Plutus with an 80%, which was previously flagged up in RNSs.A lot going on in the background.
Hodgeyd
03 Jul 2017
Re: Plutusn Powergen now on Twitter They do seem to be quite active on Twitter and it is good to see the progress being made. Prior to this there wasn't a great deal to update us on progress and news via RNS was a bit slow. Looks like some good news to come towards the end of the year.
Maverick
30 Jun 2017
Re: Plutusn Powergen now on Twitter Agree however "precariously reliant on wind and solar" is funny terminology.Three certains in life, death, wind, and solar! Oh and Leeds never to be promoted.
Adam Kubiak
29 Jun 2017
Plutusn Powergen now on Twitter For those interested, some good pictures of site preparation at Ipswich and the promise of more pictures soon of work on the sites at Crumlin and Stowmarket.Looks very likely they will be operational in October, ready for the winter market for electricity that is precariously reliant on wind and solar.
pelleas
20 Jun 2017
Ofgem So; Ofgem are cutting TRIAD payments. Not quite to zero as originally proposed. Given the last RNS by Plutus I feel confident that the Plutus Team are fully ahead of the curve. Looks like they will get full payments this winter on 6 / 7 sites and full reduction will be winter 20-21. Even the reduction is beneficial with likely payments of £140K per site. Given increased merchant sales , FFR, and STOR payments the future looks bright.
Adam Kubiak
11 Jun 2017
This week or before the end of June? Now that the Civil Service are not bound by neutrality in the throes of a General Election, we should hear from Ofgem any day now, and Plutus, too once that is out of the way, can be more informative about its own plans and deals, re gas sites and asset finance without dilution. Interest in the share then could be big, given the profitability of merchant sales with the gas powered generation of electricity to add to the 7 or 8 diesel sites that should be commissioned in time for next winter. Plutus will have 80% to 100% ownership of the gas sites, compared the the current 45% of the diesel sites, though it is receiving management fees for the Rockpool sites @ £150,000 per site per annum. As the last RNS stated, the first site at Plymouth out-performed their expectations for last winter generating very significant sums of money for Rockpool investors and Plutus Powergen investors. This all bodes very well for the immediate future for the share price.
Adam Kubiak
07 Jun 2017
Re: Solar farms Already established solar farms obviously have the essential connection to the National Grid, and I believe it is part of the strategy for Plutus to occupy the same sites for diesel and/or gas powered generation, which makes logical sense because when the sun is not shining like during the winter months the engines can be switched on with only 30 seconds notice.
Hodgeyd
07 Jun 2017
Solar farms Not quite in line with PPG plans but made for an interesting read and a sign of he way things are going with energy production. The one floating solar farm is a 40mw facility, twice that of each site planned by Plutus. Might be an option for Plutus to use old Quarries or similar in the future and broadens the possibilities available to them. [link]
Adam Kubiak
05 Jun 2017
The pipeline of sites. How many plants are already running and how many have approval but are yet to be built/turned on?The Company has one 20MW project in operation. A further 6 projects (120MW) have planning permission, with 3 more sites in planning (60MW). One project (20MW) is stalled at planning. PPG has secured rights over a further 80MW which will shortly go into planning, with a further c.700MW of pipeline which require further analysis.
Adam Kubiak
05 Jun 2017
Chairman is confident. After a few months of the share being oversold because of an over-reaction, the Company is reminding us that it is not going to dilute - that is issue more shares - and that they have big plans for expansion, most of which is underway as we speak and will be in place for the coming autumn. It is my opinion that potential punters should grapb this opportunity before it is too late to get shares on the cheap."Overall, the structural changes in the business and the reduction in TRIAD have put negative pressure on PPG's share price performance. However, all parties, be it the Board, Rockpool or financial advisors, believe the business case remains extremely compelling and that the future value of the business is attractive. Therefore, the Company remains committed to executing its development strategy in tandem with its partners. " "Going forward, the Company has a pipeline of FlexGen gas projects totalling 150MW, which it will seek to retain an 80% plus interest in. The Company is focused on constructing a minimum of four gas powered projects per annum as they offer significant advantages, both environmental and financial, over renewable green diesel engines. However, the Company may consider other projects in certain circumstances, utilising strong relationships with key partners both in the finance and energy markets." PPG Chairman Charles Tatnall said, "Following a re-work of our modelling, and considering OFGEM's proposal, we believe we still have an extremely robust and attractive business model. The market for flexible energy generation is clear to see and we have the team and are in well-developed discussions regarding the financial backing to deliver our projects and therefore our stated strategy. It is also important to emphasise that PPG continues to seek to fund the construction and development of its power generation sites through non-dilutive means. As such we continue to view the future with confidence."
Maverick
01 Jun 2017
Re: Upside v down Yes sometimes luck is on your side. Still if you don't shoot you don't score.Roll on 2.5p cheers Adam.Maverick
Adam Kubiak
31 May 2017
Re: Upside v down In the money within the trading day....not bad at all for starters. Nice timing Maverick. Much further to go, I expect. Hearing rumbles of a June full of news.
Maverick
31 May 2017
Upside v down Somehow feel confident with this so topped up 500,000Maverick
Adam Kubiak
30 May 2017
Confidence is returning at last. March, April and May were the nervous months after Ofgem threw us a googly. Looks like it was all over-done and time to turn the corner given this confident statement this morning. Lots in there to get our teeth into and digest. A company never makes this kind of announcement on a whim. There must be concrete progress and plans at an advanced stage of development/completion to warrant a demonstration of confidence to the Market. Their Nomad would have poured over it with a fine tooth comb to make sure there was no empty rhetoric. I look forward now to seeing a gradual and sustained increase in the share price and the valuation for the company. Happy days ahead, I fancy, and a good summer.
Gorbyf234
28 May 2017
On the up! This time next year we are going to be millionaires! Hopefully....
