Clear capital markets offer new short-term target prices for 26p stocks
Mast Energy Developments (LON: MAST), a UK-based natural gas power plant developer, featured at the UK Investors Journal Conference in February, provided operational updates on today’s site development pipeline.
Expecting upgraded output
When the mast was set to IPO in mid-April, he said the expected output would be around 20MW within six months, but it is likely to increase as the acquisition is completed and visibility improves. Ta. On Thursday, Mast confirmed that its output expectation is currently between 54 and 58 MW.
– Advertising –
MW 300 power supply capacity near step
According to Clear Capital Markets, a London-based wealth manager, Mast previously set a 300 MW power generation target, but it looks achievable now. Mast’s potential short-term capacity has risen sharply, but the company is talking with additional developers with 166 MW of site capabilities.
Evaluation and recommendations
Clear Capital Markets believes MED is “good positioned” to benefit from the changing UK power generation environment, but today’s announcement “will strengthen this position even further.” . The Med off negotiations agree on all the power they can supply over the next 15 years and reinforce this view, according to the Wealth Management Company.
It was listed at 12.5p per share on April 14, 2021, and is expected to generate 20MW of short-term power generation. Med’s expectations are currently rising to 54-58MW, with another 166MW potentially coming down the track.
This demonstrates the industry expertise of the management team on Clear Capital Market’s views. Given all of the above, the clear capital market gave a new short-term target price for 26p stocks, repeating its purchase recommendations.
Non-executive Chairman Louis Cauchy was willing to share the company’s IPO success and the ability to provide the ability to achieve the goals set out in the company’s prospectus. “We are particularly pleased with the fact that we are confident that all projects identified in our working capital budget can be delivered within that budget, as stated in the company’s prospectus,” Coetzee said. states.
Meanwhile, Paul Venter, CEO of Mast Energy Developments, analyzed the company’s outlook.
“Med’s Executive Management and Project Team are experienced operators with a proven track record of delivering tangible results based on experience in multiple jurisdictions. Platform components and launch pads are designed to provide future Med operations and project teams. It fires pads to achieve commercial success, allowing Med teams to move tasks to their hands.”
“We have received £5.54 million from major institutions and retail investors who recognize the opportunity, so we look forward to the success of our project pipeline and delivering our impending revenue generation project.”
