LON:AEG - Active Energy Group - update

abh12345 (76)in #investors-group • 8 years ago

Nine days ago I wrote an article on the company mentioned above, and today it looks like they have some great news to share with investors!

The background article is here, but in summary, I've been holding this 'green' company's shares for over 3 years now, keeping the faith that my money is in the right place. (Yes I know, bitcoin has 50 bagged during this time!)

This morning, AEG have presented a letter they have recently received from the Governor's Office of Energy Development in Utah regarding Advanced Biomass Solutions Plc's ('ABS') plans for the CoalSwitch™

The letter shows strong support for their plans and cites:

To date, ABS has made significant investment in Utah's economy and expects these contributions to grow as they add jobs in rural Utah and along the Wasatch Front.

A full copy of the letter can be found here

I'm rushing a little to get this news out before 8am GMT as I have a feeling their will be some early support shown for this news on the London Stock Exchange.

As you can tell, I'm very optimistic about the medium/long term success of AEG and their revolutionary Coalswitch™ technology. However, they have caused a few restless nights' sleep over the past few years and so this is why today's news has woken me up with a smile and renewed hope!

Slowly slowly, catchy monkey!

Come on AEG, lets get this show on the road!

Cheers

Asher

#stocks #shares #lse #aeg

8 years ago in #investors-group by abh12345 (76)

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dexterslab (44) 8 years ago

Iv been researching on coal stocks, I had found one, but the idea that global warming initiatives are gonna come up and ruin the coal party keep on coming up on my mind. what do you think ?

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abh12345 (76) 8 years ago

I think that their time should already be up!

But governments/multi-nationals and the energy sector are pretty stubborn and ruthless so they could well shine again. At some point though, enough will be enough - hopefully before we've actually mined all the earths coal as by that point we sunbathing in the Antarctic.

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dexterslab (44) 8 years ago

I agree with your opinion. I heard talks about some greenfield project, I dont really know what it is, but hopefully they found a new way to burn coal. Thanks for the insight , Il keep an eye on AEG. By the way the company I was eyeing is called Minergy,the coal resource they found is out of this world, But i suspect due to Global Warming major investors are shying away from it.

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