Re: resistance Don't think so but it a clear objective of rockpool who will want to repay their investors after three year eis. Any sale of a site would inject a large cash sum to plutus bottom line . Current estimates are around £3 -£4 million per site for plutus
Re: resistance Sale of sites? Is this in the annual report ?
resistance There is clearly resistance to taking this above 2.5p at the moment. Once it is broken decisively it ought to move on towards 3p and then beyond. Remember that the sale of all Rockpool sites in early 2019 would probably give a cash injection greater than current market cap which makes this a screaming buy!!
Re: Cantor buy I think they are just being cautious. A lot of brokers have had their wrists slapped for pumping. If news comes out about gas sites and funding they will up their targets.
Re: Cantor buy No doubt it will rise to 3.5 and above, once news of the new sites are completed and working is released .Can't really understand why Cantor are only recommending a Buy up to 3.5, Plutus has only one site at present and we are at 2.4, so 5 more sites due before the end of the year must be worth more than a penny.That's unless they know something we don't
Re: Cantor buy This has been a buy for me for a long time, this company is on it way to be a big player.This one is buy buy buy buy !
Cantor buy Back to buy. Cantor have changed from hold to buy with target of 3.6
Engines now being installed at Ipswich and Stowmarket just about ready for testing. Getting closer every day!
News soon So, with 5 sites due to go live before year end news should start coming through soon. Engines are due on site at Stowmarket this week so go live date must be looming, and its a Double site in effect, 40Mw so should be great news when announced. Plenty of updates on twitter, I wish more Cos did this where possible but also wonder on whether some news should be kept back for RNS only. But Im not complaining. Good luck all, the recent rise back to 2.5p could be thenpre-cursor to go live dates so upward we go hopefully.
UK Power reserve Very interesting spot by an investor over on advfn; [link]
Short termers The most detailed RNS I have ever seen from Plutus completely explaining how they plan to move on from where they are now. Obviously too much detail for impatient traders with the attention span of a gnat. This pull back is a fantastic opportunity to get in now before people begin to realise where this will go. READ THE RNS - it is comprehensive.
Re: News imminent:? I think we will find that all our Christmas'es will be coming together! LOL!!What a fantastic share to be in. GLA.
Re: News imminent:? yes, Plymouth already live.Crumlin imminentThe other 4 are in various development stages, but late stages of development so their promise of all 5 going live before year end look easily achievable.A nice Xmas present
Re: News imminent:? IT will be five sites more so six running by November and exciting Gas plans materialising. Share price still in starting blocks!!
News imminent:? Hopefully the small but steady increases in the SP means news is due out shortly.We know they have at least one site that's about to go live in Crumlin, I'd be keen to see what effect one site has on the SP, then with four more to follow fairly quickly it might give some indication to where we're heading.All good things come to those who wait and the wait is nearly over.....