The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Technology moves on !!
Ok let’s keep an open mind on this one........ perhaps we can just drain ours.......... then use theirs!!!
PC
http://theleadsouthaustralia.com.au/industries/technology/new-battery-technology-could-slash-the-cost-of-electric-vehicles/
With thanks to Dontay over on Advfn!
Whilst it’s not strictly about
RedT-Avalon, but to be fair, they have made a contribution towards, what we all hope, is at least a chance to reform this business!
So here, they are discussing the future of “Flow “ batteries!
http://m.miningweekly.com/article/bushveld-sees-battery-storage-potential-beyond-evs-2020-02-17/rep_id:3861
Not long to wait!
PC
LavanDERt
AVERTED ? DAVE ? TED? NOVATED?
Anyone had thoughts about our possible ( if it goes ahead!) name change, for the combined company?
Possibly, they’ve spent money on an agencies ideas!
Still, I’ll have a stab....... how about.. RedAvalon Technologies!
Only a thought whilst we await the serious news!!!
PC
16 March looks like next key date, re-admission
I missed out on getting my first tranche just before suspension. I will be in the queue when it starts up again
Well that's better than i feared it might be.
RNS just released
Well they have to make an announcement either today or tomorrow which is the 25th January 2020, otherwise they will be delisted . The hopes of the vanadium flow battery fans will be dashed. There are long term sustainability arguments that can be presended to favour Vanadium over Lithium batteries but I can think of several other arguments that could scupper the whole technology around Vanadium flow battery technology not just RED. I guess the best that can be hoped for is a huge discounted placing with an open offer .
This company are running out of time to complete the reverse takeover so a price prediction of 0p might be a winning figure. News soon one way or the other but I'd still like to see Red survive even if my holiding is about worthless.
Now, not totally sure if this site works like Wikipedia, but does give anyone with any interest in our “new” owners heritage, a good grounding!
You’ll need to run through quite a bit of fodder to get some more facts that we didn’t know about already!
But, still useful to have some insights into both the business and the “Boss” and his ratings!
PC
https://www.owler.com/company/avalonbattery
Well wouldn’t you Adam and Eve it!
US DOE to request info on next generation of energy storage!
Hope both our teams are fully aware of these opportunities as the requests for information to be released soon with stakeholder feedback for this new Challege!
We can only hope with all this current positivity surrounding our project that we get relished and start achieving results!
PC
https://www.rechargenews.com/transition/trump-government-launches-plan-to-become-energy-storage-world-leader-by-2030/2-1-734986
Guys,
Just to ruin every bodies 2020 I will be setting up another share price prediction, once we start trading again. We can all live in hope.
Hopefully, may now see some positive action early in the New Year!
Talking of which........all have a very happy one!!
To all long suffering holders, let’s get this back in the running, as the climate is now high on the agenda, in many walks of life!
May even one day get Trump to oblige with an endorsement!!
PC
At least we are getting the potential noticed within the sector!
Here...... with thanks to both Dontay and Wheeze from Advfn site!
Two related links!
https://analyticsindiamag.com/heres-why-jeff-bezos-bill-gates-are-investing-in-this-battery-technology/
https://cleantechnica.com/2019/12/22/lockheed-martin-testing-innovative-flow-battery-technology/amp/
Let’s hope “we” get a breakthrough next year with all the developments we have made over the past years!
.....and now we must be looking forward to, hopefully, at least coming back to the market early next year, but with some really positive news!
Now that’s it for 2019 from me!
Wishing you all a really relaxing festive break ..........ready for a positive and hopefully exciting 2020!
PC
To be honest guys its been a pleasure and a bit of banter getting folk to state their desired SP for the year end. However I think a majority have been taken for a ride with the CEO of RED. Mr Scott's yearly salary is way to high for a company of this size and statue. The guy reminds me of PM. Mr. Blair. I hope he takes a long hard look at his moral compass and hands over some of his ill gotten gain to notable charities.
Thanks bobf, for tolerating my pedantry in good spirit! Well done for running the competition and Happy Xmas.
Umm you have a point there BLAHBLAHDO but I don't see the charts stating the new share price. I did publish the predictions earlier, so if there is a formal statement and the shares begin trading I will repost the new winner. Either way its not good at the moment.
Happy Christmas and New Year to all
The rns of 15 Nov said "redT shares valued at 1.65 pence each, valuing Avalon at USD37.5 million."
At that price MattTheBrave would be the winner?
Scott McGregor is due to leave December 31, any chance of movement early next year, and the commencement of the Larry Zulch era? Rather Zulch than zilch.
Thanks James2708 I agree with your comments. I did make some serious money in the early days of this company so cant complain. I am in the power industry and there are very large battery / flow projects coming through with the closure of the existing coal plants and the shift to unpredictable wind and solar. The roll out of electric cars will really tip the balance we are putting in 2000 charging points through out the UK and this will only increase with the added pressure of faster charging points needing huge power connections. I only hope the projects come to market quicker and REDT is awarded lucrative projects.
Bobf, thanks for the update. My rationale for my 6.2 price was half right, two fund raises in 2019. The only reason for the lack of the second fund raise is due to this "merger". Equity based funds ran out in December 2019. I cannot decide if Avalon have sufficient incentive to complete the merger. A share listing and lots of accumulated losses are a reason to complete. RedT sales are probably far far smaller than Avalon sales though. The real or imaginary sales pipeline of RedT may I guess be a positive. My guess is the current Avalon backers are less than six entities and maybe two.
They may want a quoted way of valuing the Avalon investment. I am braced for a significant PI dilution if it goes ahead.
They are talking our language with this policy!
“Having noted the rising levels of renewables worldwide, the firm is also keen on the underinvested technologies – storage, distribution – needed to shore up power grids.”
Our US links can also help with recognition!
https://www.pv-tech.org/news/blackrock-keen-on-ci-pv-storage-as-new-renewable-fund-hits-record-close
PC
Well guys its nearly the new year. I thought I would just post our beginning of the 2019 predictions. How wrong the majority of us all were. Not sure where this company is going. The WINNER is MassiveRay on 1.0p
Looks like a mean of 17.7 and median 15.1 so much less skewed now it has more entries. Very interesting snapshot of sentiment.
MassiveRay 1.00
MattTheBrave 2.2
knuttie 3.0
Sbuild 5.0
SCoutS 5.5 (Special reset option)
fatbanker 5.9
James2708 6.2
Aletank 7.0
SGD27 7.5
MrMustard 8.0
4kandles 8.50
Jim3 9.0
David1951c 9.75
Fagen39 10.0
yellowf1 10.5
ianous 11.0
hopefull1954 11.75
Doncaster 12.0
fleetfoot 13.0
dorsetknob1965 14.0
Electrochem 14.25
Baskerbygum 14.5
bongabob 14.75 (2018 WINNER)
somnambulist 15.0
Merlottheboy 15.25
NMS1966 15.50
mjb606 16.10
Dunekiller 16.40
AlanFes 17.0
Piltick 17.25
VirtualMoney 17.75
dennisbeh 18.00
Erector1 18.20
hotchips 18.82
Sahid 20.0
Yeoman 21.0
jamesss 21,2
Pinecone54 22.0
AIMforprofit 24.0
Faramog 25.0 (2018 Joint winner after reset SP)
bobf 27.0
quanglewangle 28.0
Kiwi058 32.0
Bolgas 34.0
terof 35.0
Mikemine 40.0
Element 45.0
Cheek212 88.0
A move forward in the supply of our batteries!
Anglian Water are investing in solar as a beginning to comply with their objectives to be carbon neutral by 2030!
https://www.solarpowerportal.co.uk/news/amp/nextenergy_capital_lands_anglian_water_solar_supply_deal
PC