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[Roman Sheremeta 🇺🇸🇺🇦 @rshereme]

We live in very strange times.

The oldest president in the US history is sleeping, while his Secretary of Health is shaking uncontrollably, all while pushing their conspiracies about vaccines.

[FuriousGym @gym_furious]

Bloody incredible. Siemens Energy promoting Energypathways #epp
only a matter of time before the value disconnect is corrected

[T @AWBA]

@Robin25461631 Dream of a course to play

# Renaissance

[Aimforthemoon @AimforthemoonUK]

#EPP worth watching

[🇬🇧 𝑻𝒉𝒆 𝑫𝒐𝒄 🇨🇾 @DDS_DocHoliday]

𝑾𝒉𝒆𝒏 𝑻𝒉𝒆 𝑫𝒐𝒄𝒕𝒐𝒓 𝒈𝒐𝒆𝒔 𝑴𝒊𝒄𝒌 𝑫𝒖𝒏𝒅𝒆𝒆:

You can join me for a brief chat on why I've scaled back the videos, whats been happening of late?
and why I am more confident than ever with @Physiomics #PYC 🎙🚶‍♂️👣

[T @AWBA]

@DavidBurton1971 Surely you want the British side to win today? 😂

[Reddit Investor @RedditDeluxe]

Let’s deal with the elephant in the room with #EPP: Funding and Timescale

Imagine this: A UK small cap company with an energy storage project in a safe jurisdiction, deemed “Nationally Significant” by the Secretary of State, awarded a vital gas storage license by the NSTA, partnered with Siemens Energy, Wood and Costain and signing port deals with the Association of British Ports. They’re set to build the largest energy storage project in the UK and the largest CAES project in the world at a time of critical demand, they’ve just released figures (corroborated by Siemens Energy) projecting a NPV8 of over a billion pounds for a modest proportion of their revenue streams and last week they met with government bodies at Number 10, DESNZ and the Department of Business and Trade (as well as global financial institutions/banks)… In spite of this, they’re valued at a mere £21m market cap… Why?

Well, there are 2 primary reasons and I’ll address them separately in the coming paragraphs.

First is funding. MESH requires several hundred million pounds to build out the project and despite stating it has offers of private sector finance in place and doesn’t need government money, in the last webinar it was hinted that they are a likely candidate for funding via GB Energy and/or the National Wealth Fund.

What seems to be spooking investors is the risk of a capital raise. So, let’s just put that to bed once and for all. At a sub £25m mcap there is no way in hell that an AIM retail cash raise will deliver even 1% of the CAPEX needed to build MESH, so in terms of funding, with regulatory approvals now in place, think global financial institutions, banks and government investment. This is not a project that will be calling on the illiquid AIM retail market for cash from here on.

Also, with reference to funding, the current £15m finance package will almost certainly become obsolete once strategic funding is announced. In my opinion, based on the funding/drawdown RNS, liquid cash reserves were required to advance initial work programs to satisfy the NSTA in order to obtain license approvals. Once project level finance is announced goodbye £15m facility.

The second issue is timeframe. With an FID of 2028 and project rollout in 2031, investors seem to think that until first revenues are delivered the valuation of the company will stay the same as now. It’s a bizarre outlook to have in terms of investment, but I understand this as AIM is a small cap market not used to dealing with national grade infrastructure projects, and post crypto, investors are attuned to rapid returns.
With this in mind, I’ll ask one question… When CAPEX level funding arrives in the hundreds of millions will EPP still be valued at £20-25m? The answer is a categoric NO!

And based on the rapid rollout required of EPP by the government, the funding needs to land soon.

Regarding political risk… the offering is also diverse enough to be valuable to any government from Labour to Reform so it is in effect apolitical. Is Reform going to turn down homegrown North Sea gas, domestic graphite for defence and Ammonia for the farming community? No.

With a project forecasting 20-25% annual yields over a lifespan of 30 years, potential government backed revenues in the hundreds of millions via OFGEM’s cap and floor scheme and media coverage on a national tier one scale, this will rapidly depart the AIM retail zone and enter a different league. The question is, when will this be recognised by AIM investors?

Having been an investor in EPP for nearly two years, and with recent regulatory approvals, I feel comfortable saying: it’s the one stock that I think will create generational wealth for investors.

Of course DYOR and read back through the past year’s RNS’s carefully and scour the new corporate investor presentation (link below), as it’s in the detail that the real value proposition of MESH is clear.

https://t.co/tncT949DTE

@aleabitoreddit @richrunyeon @Siemens_Energy

[T @AWBA]

@Share_Talk Zak,many say you can spk utter nonsense I disagree, however,with your (therapy may help btw) diatribe re. #EPP you’re making it harder to defend your credibility and knowledge.

Jobs for boys? You’ve seen/endorsed 1000’ of spiv companies of which #EPP aren’t! Your problem is?

[Reddit Investor @RedditDeluxe]

Very impressive to see #EPP’s MESH project being planned in the highest offices in government.

With the project advancing through the FEED phase and with key regulatory approvals in place… We wait in anticipation of funding.

The funding required to build the UK’s largest energy storage facility will not come from an AIM retail capital raise… Think Global Financial Institutions and Banks… And even though they have said it’s not needed, I suspect the government will be eager to get involved, probably via National Wealth Fund or GB Energy (as mentioned in the recent investor webinar)

[EnergyPathways @energy_pathways]

An important element of EnergyPathways #EPP work to develop our MESH energy storage project is engagement within Westminster and Whitehall, to explain the project and the benefits it offers to the UK – notably on energy security, the energy transition, in lowering energy bills and in boosting industrial/economic growth, in particular in Barrow-in-Furness, Cumbria.

Last week, Ben Clube, our CEO and James Poole (our CTO) met with officials at the Department of Energy Security and Net Zero, the Department of Business and Trade, and at No 10.

As we take MESH forward, EnergyPathways is fully committed to working with the UK Government, industry regulators, regional agencies, and industrial partners as the UK’s energy system evolves.

Our new corporate presentation highlights the significant potential value that MESH offers to both investors and the wider UK energy landscape: https://t.co/Ls5NWUTsSv

#MESH #EnergyTransition #CleanEnergy #LDES #GasStorage #CAES @energygovuk @Siemens_Energy

[EnergyPathways @energy_pathways]

EnergyPathways plc #EPP is pleased to welcome Martyn Millwood Hargrave as Chief Scientific Adviser. His appointment further strengthens the Company’s technical, strategic, and policy capability as it advances its MESH energy storage project and its broader integrated energy, hydrogen and industrial materials ambitions.

Martyn Millwood Hargrave is a geoscientist, business entrepreneur and strategic adviser with over 40 years of experience across subsurface technology, energy systems and industrial innovation. He is the founder and former CEO of Ikon Science, a global subsurface software company acquired by Constellation Software in 2025.

Martyn is currently a Visiting Professor in Earth Sciences at the University of Oxford and a Senior Associate at Oxford Net Zero. His experience spans global hydrocarbon E&P, carbon capture and storage, hydrogen, geothermal energy, nuclear waste disposal, and greenhouse gas removal. He has advised governments, regulators, and industry bodies on technically complex and strategically significant projects.

In his role, Martyn will support technical, strategic, and policy development, with a focus on subsurface systems, integrated energy infrastructure, hydrogen, industrial decarbonisation, and strategic materials opportunities associated with graphite value chains.

The development of MESH will play a critical role in UK energy security, in the UK’s energy transition and the development of industrial supply chains. MESH aligns closely with the UK’s energy, industrial and economic growth strategies, alongside the UK’s 2035 Critical Minerals strategy ambitions.

Martyn Millwood Hargrave said:

“EnergyPathways is developing a highly distinctive platform at the intersection of energy security, storage, and industrial decarbonisation. MESH has the potential to become a vital UK project through the industrial opportunities emerging around energy storage, power generation, hydrogen and graphite. I am delighted to be advising the Company and its Board and look forward to supporting Ben and the wider team.”

Ben Clube, CEO of EnergyPathways, said:

“Martyn brings an exceptional combination of scientific depth, entrepreneurial experience, and strategic insight. His background will be highly valuable as we advance MESH and broaden the strategic relevance of the project, including its potential role in long-duration energy storage, hydrogen and graphite-linked industrial opportunities.”

#MESH #LDES #CAES #CriticalMinerals #GasStorage #EnergyTransition @CMA_Minerals @energygovuk @UniofOxford @OxfordNetZero

[T @AWBA]

Mkt will wake up and as usual many will be left behind wishing of what could have been

Can never say there wasn’t enough time or the right price to position, just hold for longer than the 95% who lose on the markets do and that’s for longer than 10 mins or for 10-15% #EPP

[BigGib @BigGibUK]

#EPP Another strong signal that Energy Pathways is building something far bigger than a typical AIM energy project.

EnergyPathways has appointed Martyn Millwood Hargrave as Chief Scientific Adviser to the CEO & Board.

This is a serious appointment.

Founder of Ikon Science.
Oxford Visiting Professor.
Deep expertise across:
• Subsurface systems
• Hydrogen
• CCS
• Geothermal
• Strategic energy infrastructure

Exactly the kind of expertise needed for a project built around large-scale salt cavern storage.

The market may overlook this but strong projects attract strong people.

And MESH keeps adding credibility at every stage:

✅ FEED launched
✅ Financing secured
✅ Gas Storage Licence awarded
✅ ABP collaboration signed
✅ Scientific & policy capability strengthened

The graphite angle also keeps growing.

MESH is increasingly positioning itself at the intersection of:
• Energy security
• Long-duration storage
• Hydrogen
• Critical minerals
• Industrial decarbonisation

Feels less and less like a speculative AIM story and more like the early stages of a nationally strategic infrastructure platform.

https://t.co/616fnMyA8t

[T @AWBA]

@RedditDeluxe With extensive international oil and gas commercial experience, having spent 15 years at BHP Billiton Petroleum in a variety of senior management roles including as vice president of finance and planning in Houston, London and Perth near and long termFUNDING is a given #EPP

[Slyfox @sly_fox_stox]

#Epp explodes anytime with this NPV!! Its not like its a random resource explorer with stuff in the ground
that never gets monetised, this is real stuff!!! Buy as many as you can. 👌🏿

https://t.co/IfJrsZuCgr

[Phil @PhilJW123]

#EPP I think we are going to have a bitcoin moment when people say oh it’s a £10 I sold at 9p FFS !!!

[Carlo Towl @Towlie1981]

CEO fully aligned with shareholders, now owns 9.49% of the company. ATM shares sold for double what they were issued at. Everything looking up. What does the share price do? Go down 🤣 #EPP

[Myles McNulty @MylesMcNulty]

The share price movement at #EPP following the GSL award - and the resultant current mkt cap of £20m - are absolute madness.

Centrica, Kistos and no doubt others must be pissing themselves with laughter.

Following today's share issuances, an all-cash offer of 20p would still only cost one of those predators a mere £50m.

A measly £75m for a 30p cash offer.

@energy_pathways' first project alone (MESH) could ultimately have an NPV of £2bn, £3bn, £4bn?

It's a fully licensed infrastructure project of national significance (as declared by the current government!) in the UK. It should be trading at 10-20% of NPV already, even if first revenues are >4 years away. Not sub 1% of NPV, as it is now.

Especially give that the MESH project format could be replicated multiple times elsewhere by EPP....

[EnergyPathways @energy_pathways]

#EPP Updated Investor Presentation Outlines the Sheer Scale and Value Proposition of the MESH Project

Following recent transformational developments, including the award of a gas storage licence by the North Sea Transition Authority (“NSTA”), the execution of a collaboration agreement with Associated British Ports (“ABP”), and constructive meetings yesterday with UK Government bodies including the Department of Energy Security and Net Zero and the Department of Business and Trade, as well as global financial institutions and banks,  EnergyPathways updates investors with a corporate presentation on its flagship MESH project, located in the East Irish Sea and onshore at Barrow-in-Furness.

The MESH project is expected to be Britain's largest integrated energy storage project and will bolster Britain's energy security and lower consumer bills. Designated a project of "national significance" by the UK Government, MESH combines compressed air electrical storage ("CAES") with natural gas and hydrogen storage. The project utilises large-scale subsea storage, designed to store energy in a highly cost-effective manner. Its licence area has the potential to support the construction of up to 60 sub-surface salt caverns and subject to approvals and financing, MESH is targeted to enter operation in 2031.

Check out the full update and join in with the conversation at: https://t.co/coMW1mvWNM

#MESH #EnergyTransition #CleanEnergy #LDES #GasStorage #CAES

[Phil @PhilJW123]

#epp

constructive meetings yesterday with UK Government bodies including the Department of Energy Security and Net Zero and the Department of Business and Trade, as well as global financial institutions and banks.

[Michael Demetriou @Michael33941280]

NPV from £750bn to £1.2bn (plus graphite, ammonia, hydrogen still to be added) 💰💰💰

At a £20m market cap, EnergyPathways plc is currently trading at only around 1.7%–2.7% of a potential £750m–£1.2bn project NPV valuation

Planning on more than project #EPP