Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Started: RichKen, 2 Apr 2020 16:15
Last post: RichKen, 3 Apr 2020 13:56
Note this share chat is no longer the one for the company! You need to search IES.
This is the new board for what was REDt. Over and out!
Cheers
RK
Well, investors the key is actually not how many shares you have, but the upside potential and does this merger and the tie up with Bushveld Minerals give this company the groundbreaking opportunity needed to make it successful? The answer is yes on every level. The scale involved here will make huge difference from production, logistics, expertise and a reliable and dependable vanadium and vanadium electrolyte supply, tied in with the electrolyte rental product this makes the business bang on competitive.
Now, the key point the world needs stationary energy storage everywhere and this product is perfect the the largest market - 4 to 8 hours. Add in the reliability and life which is 4 to 5 times longer than a lithium ion system.
This is a very exciting investment and highly likely in the long term to bring dividends to.
Hope this helps.
Cheers
RK
New website for combined company!
https://invinity.com/
Currently, understandably, very basic, as using both existing websites for further details!
Just now need a life boosting RNS to get the shareholders motivated!
PC
Just listen to this podcast https://bit.ly/39zn9RJ
Following from Energy Storage Oxford, Invinity have 40 further potential projects with Pivot Power, owned by EDF Energy. This is the start of something big. Do yourselves a favour and listen to the CEO unlock where they are focusing. This will develop some serious revenue.
Then add the contacts from Mikhail the CEO of Bushveld Energy and you have a huge market opener. The potential for greater numbers will reduce operational costs and also open further opportunities with trading partners like VSUN in Australia.
If these guys get it right, maybe they could increase the market cap by another 5000% - that would be nice.
Cheers RK
Started: audio, 3 Apr 2020 12:18
Last post: audio, 3 Apr 2020 12:18
They reduced the amount of shares in issue by a factor of 50 and this had the effect of increasing the value of each share by a factor of 50 so you are no better or worse off financially.
But you now hold a lot less shares - if you had 250k before you now have 5k.
This will have an effect on any dividends that may be paid in the future and the potential value of the SP going forward.
Also do not believe the price information above the current bid price is more like 40p not 50p - down around 20%
Started: comek2, 2 Apr 2020 23:03
Last post: adamstallone, 3 Apr 2020 11:27
If they consolidated shares, are shareholders better off now than yesterday, or is it an illusion? Usually consolidation just masks a continued devaluation, no?
YEP it really did with the help of a consolidation of shares
Has it reply gone up by 5000%? Thanks
Last post: fatbanker, 2 Apr 2020 17:58
Last post: Alfacomp, 2 Apr 2020 17:49
superzero - as 'advisor to the company' - hardly calling the shots, especially now that Larry and Matt are now in charge.
He left the BOD and lost his title of CEO (eventually) but is still listed as a member of the "Executive Team" so has he truly left RedT?
http://www.redtenergy.com/investors/board/
He left the BOD and lost his title of CEO (eventually) but is still listed as a member of the "Executive Team" so has he left RedT?
http://www.redtenergy.com/investors/board/
Indeed.
It would be interesting if we could find out what his fees are.
I believe he is still on the payroll as an advisor!
Indeed RK - looking to see what Larry and Matt can do with the Avalon and RedT teams now that they have got security of supply from Fortune and Mikhail.
I think we all wish that our investment had multiples by 50 times! We should be the leader of the risers board.
Still this is the first phase of a real high growth industry now with guaranteed supply and with the electrolyte being leased, this will ensure the fast production of safe and long life, and non deteriorating battery systems a true winner.
As an investor and someone with a keen eye on renewable products I wish the Invinity Energy Systems business every success.
Cheers RK
I'm rich!!! I finally did it!
just my luck, missed out once again....!
;)
Consolidated Ordinary Shares at a rate of 1 Consolidated Ordinary Share for every 50 Ordinary Shares.
REF godwilling my god what a laugh?
Yes Wow 33 p down on placing share price of 82.5
Probably just share consolidation
Invinity podcast parts 1 & 2 !
If Larry can pull off only half of his early pipeline enquires in the states........we could be in for one hell of a ride here!
We hold our breath for the coming days......then weeks......then months to see the results of this “ merger”
PC
Started: Morgank, 1 Apr 2020 08:26
Last post: yellowf1, 1 Apr 2020 16:01
I understand that Scott McGregor is no longer with the company, yellowf1
I wonder what mugs bought the open offer! £155,231 raised when the SP struggled to rise above half that price.
Oops !
Last post: Alfacomp, 31 Mar 2020 17:47
Mikemine - it might not be just a political disaster but also a health emergency if a large Lithium-ion baed energy storage installation caught fire. They do (23 sites have in the last couple of years in South Korea only)
This article shows the potential kill zone from such a battery fire in the UK:-
https://www.favershameye.co.uk/post/cleve-hill-batteries-included
2 things come out of that to me. Firstly, the standardisation of the batteries makes a lot of sense to me. It seems the logical thing to do if you want to get your prices down and they do need to come down. Its all very well saying that flow batteries against lithium over a 20 year period offer better value but most managers that make the purchasing decisions won't be with their companies, and maybe not in the industry, in 20 years. Secondly, Harper mentioned the fire hazard with lithium. Its not a major problem for lithium but it exists and as they say "If something can go wrong, it will go wrong.". The toxins released by burning lithium are harmful to humans (and probably animals) so siting them near, 2-3 miles, habitation is not a good idea I would have thought. This danger should definitely be highlighted in any presentation by RED and the comparison to the benign qualities of flow batteries made. This is more a planning issue but should made where energy farms near populations are considering including storage. It could affect the result of planning applications. The planners should also be made aware of the danger. Who wants to be the planning officer that OK'd a scheme which subsequently turned in to a political disaster?
Avalon RedT article published today
https://theenergyst.com/avalon-founder-flow-storage-can-be-much-cheaper-than-lithium/
Started: Sbuild, 13 Mar 2020 07:05
Last post: Cowboyinvester, 30 Mar 2020 14:53
Alfa, the more VRFB's that are installed the better!
Cowboy - here's what those who actually work in the field say about it:-
The grid is showing that it can adapt to this unprecedented situation as it makes use of flexible, domestic assets that are optimised to charge during low demand, even if these times are very different to normal.
https://www.current-news.co.uk/news/covid-19-and-flexibility-pandemic-to-change-established-and-expected-patterns
Hey Sbuild, how's the grid holding up in your area??
S build, I found this whilst I was playing with my legit, mate.
https://news.energynetworks.org/news/how-britains-energy-networks-are-preparing-for-covid-19
Started: RichKen, 28 Mar 2020 15:06
Last post: RichKen, 28 Mar 2020 15:06
It looks to me, already fully understanding the market for VRFB, that the future for this business looks very good indeed. Energy storage has huge potential:
Industry analysts remain bullish on the global energy storage market growth. Bloomberg New Energy Finance predicts the sector will receive approximately $620 billion in new investment by 2040 with market growth projections at nearly 900 per cent. between 2017 and 2022. Against this background, VRFB is expected to capture around 18 per cent of a total addressable stationary energy storage market by 2027. This positive sentiment is supported by various intergovernmental organisations including the World Energy Council who view energy storage as “instrumental in the grand energy transition” in a recent report. BNEF expects energy storage to play a key role in enabling solar and wind generation to reach 80 per cent. penetration in certain markets across the world. As such, energy storage installations (excluding pumped hydropower) are expected to reach 2,850GWh by 2040 – a 122-fold increase in capacity from 2018 figures.
Following the merger between redT and Avalon, Invinity will be active across all major energy storage markets including the US, UK, Europe, Australia, South Korea and Canada.
The long term vanadium supply is easy through the partnership with Bushveld Minerals and Vanadium Financing Partnership with BMN was confirmed on the 9 March. The company announced it had concluded this agreement with AIM-listed integrated vanadium producer Bushveld Minerals to create a vanadium financing partnership, which the Invinity intends to utilise and provide the vanadium electrolyte for the previously announced ESO project. The Partnership, which will be owned by redT and Bushveld, will take the form of a special-purpose vehicle structured to hold vanadium, then provide the option to rent that material to the company’s current and future commercial pipeline on a project by project basis. Within this framework, Bushveld has made an initial commitment to supply vanadium for approximately 15 MWh of VRFBs. This reduces the capex costs for the VRFB and makes it very competitive compared to Lithium-Ion especially looking at the life of the system.
The upside potential for the long term for Inivinty will bring huge scale and lower costs. redT’s expertise in energy project analysis has enabled the Company to find viable projects even with production costs which were higher than those of Avalon’s VRFBs. Combining Avalon’s product cost advantages and redT’s project analysis expertise, significant new commercial opportunities are easier. A number of projects initially targeted by redT that was not pursued before as they didn’t have sufficient returns, however favourable economics when using Avalon’s product costing. Add the breadth of geographic coverage (adding North American and Asian markets to redT’s current focus areas of UK, Europe, Africa and Australia) by the merger, it looks very exciting.
Started: Pinecone54, 25 Mar 2020 10:56
Last post: dougal66, 25 Mar 2020 12:42
When we return, there will/needs to be a concerted effort to accentuate the positives of our offerings!
Once installed Solar/Wind/Tidal/Diesel mixed with Flow Batteries!
will be easier to install....maintain.....and cost effective over the long term!
Our hope is that we get a chance to succeed........in what we are going through right now looks bleak.....investors must look beyond the now......the government will “have” to stimulate the economy, may be we can have a slice to get this moving !
Have held now for over three years...... could have jumped ship many times...... and it will need a real upsurge to get close to my average....... but always thought it must be the future when first investigated the sector!
Good luck to all....... we will need a positive break in the coming months!
PC
Started: vauch, 23 Mar 2020 18:25
Last post: vauch, 23 Mar 2020 18:25
still on the rise and only a week to go
Started: vauch, 22 Mar 2020 16:01
Last post: vauch, 22 Mar 2020 16:01
We have another week of the SP creeping up to the placing 1.65
Wow closed over the 1p mark next week looks like it could be on fire
Started: vauch, 18 Mar 2020 12:53
Last post: Pinecone54, 18 Mar 2020 13:41
A few snippets of quality information from the article!
The electrolyte can be re-used ad infinitum, as vanadium in the electrolyte is recovered and re-used later for other applications including as a strengthening alloy for steel.
The batteries are also appealing due to their non-flammable, non-explosive nature, and their complete lack of degradation due to cycling, partial charging, or time with a 100% depth of discharge. These batteries are projected for a 20-year lifetime.
The VRFB technology’s complete lack of “thermal runaway” risk—the risk that causes a fire in a battery, inherent in solid-state batteries.
All the above really highlighting all we have been trying to showcase for Flow!
Just need to get the world virus free to allow the concept more readily accepted in the energy markets!
Keep safe!
PC
Raz10
Posts: 515
Copied fron BMN board great read.
New York Setting the Pace for Accelerated Growth in Renewable Energy, with New Battery Tech
Today 12:25
https://www.oilandgas360.com/new-york-setting-the-pace-for-accelerated-growth-in-renewable-energy-with-new-battery-tech/
Last post: OldFool13, 16 Mar 2020 18:43
Bizarre timing to relist, couldn't have timed it worse. Looming 50 to 1 Consolidation never goes well for PI's will ensure the open offer is unfilled, then there is that name! Hopefully some good news soon to settle the general market down.
Doomed from the start...
0.85 now. Half the subscription price, more or less.
No
Sorry to be so slow but has the 50:1 consolidation already happened and calculated in the SP?
Can someone tell me why people would subscribe at 1.6p/share when it's only 1.2 now?
Welcome back friends !
The stationary energy storage market is set to be huge in the next decade and we fully expect VRFBs and Invinity to make its mark.
https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-414
https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-415
https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-416
RNS Number : 2361G
AIM
16 March 2020
NOTICE
16/03/2020 7:30am
RESTORATION OF TRADING ON AIM
RedT Energy PLC
Trading on AIM for the under-mentioned securities was temporarily suspended. The suspension is lifted from 16/03/2020 7:30am, an admission document having been published.
ORDINARY SHARES OF EUR0.01 EACH, FULLY PAID (B11FB96) (GB00B11FB960)
If you have any queries relating to the above, please contact the company's nominated adviser on +44 (0) 20 7597 5970.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
EXCKKABKOBKKQND
Started: bluerill, 16 Mar 2020 07:35
Last post: bluerill, 16 Mar 2020 07:35
http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20200316:nRSP1854Ga
Getting this over the line in this environment , and at a premium, is pretty impressive
Started: Pinecone54, 9 Mar 2020 07:22
Last post: Pinecone54, 15 Mar 2020 14:07
Oxford SuperHub
Might get a bit more info.........in the morning!!!!
Hybrid Battery
“Planning Permission for the battery was received in July 2019.
The main focus for 2020 is on the preparation of the Cowley site and the purchasing and installation of the Lithium ion and Vanadium flow batteries.
We expect construction to start in May 2020, with everything fully installed and connected by the end of the year.”
https://energysuperhuboxford.org/project-plan/
PC
thanks for that alfa.
Well summarised. As it looks like from now on we are going to be on the same team you guys may wish to have a look over at these articles I wrote after visiting the energy storage europe conference last year ( I was due to be there today but something called covid cropped up)
https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-414
https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-415
https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-416
yeah, wrong....in fact hydrogen and vanadium flow are part of a growing sector where the 2 solutions are now often being considered against each other (and sometimes alongside each other), depending on the size and scale of the project. Your analogy is wildly inappropriate and shows you don't understand at all how the equity market works. Right now storage generally is considered an inevitability. One forecast has the market for storage alone at near $1/2Trillion in 10 years, but no one can yet be sure which technology will dominate and then, which individual names will emerge. As a result, at the moment, the market is bidding up significantly ALL of the listed names of any consequence. A good example is Ballard Power in the US, which is hydrogen-based, and has been around, and significantly unprofitable, for over 20 years, yet the shares have gone up nearly 4x in the past year or so. When RED relists, with a real order book and backlog, a powerful argument as an alternative to hydrogen in certain circumstances - particularly in large-scale projects that favour Vanadium's long-lasting/non-degrading characteristics - and a clear path to EBITDA+ in a few years, and it will very much be measured by the market against the names I mentioned, none of which are near-profitable yet, but boast an AVERAGE market cap between 10 and 30x our mooted, post-fundraise market cap.
How are these the closest competition? That's the equivalent of saying; "compare this mango to an apple and a banana" Only comparison is they are fruit.
Hydrogen, fuel cells and flow batteries are very different things. Positive that they are building it but not a good idea to compare their market performance to what is happening here.
Started: Morgank, 14 Mar 2020 08:29
Last post: Morgank, 14 Mar 2020 08:29
Wasn’t it Monday coming 16th March ?
Started: Cowboyinvester, 9 Mar 2020 22:02
Last post: Cowboyinvester, 12 Mar 2020 21:23
Thank you
It was over 2 years ago when I last had a meaningful look into how it was all put together my knowledge reflects Gen 2 units, and at that time all parts were "off the shelf" rather that custom manufactured. At one time their units were manufactured by a small company in the UK (I forget their name) and it was alleged they would be partnering Jabil and utilising their plant in Italy. Jabil remain on Redt's website but I am not sure who manufactures their Gen 3 units (although I suspect the low volume sales may not be good enough to interest Jabil last year)
Thank you.
Good evening
I'm not invested here, but hold BMN and am very keen on the future of VRFBs.
Would anyone be able to share any information (or point me in the right direction) regarding Redts vrfb, do they manufacture the complete battery? Do they have other companies build parts/all of the battery? Which companies produces the electrolyte?
Thanks in advance.
PS. I will be looking to buy when re-listed, hopefully on Monday.
Started: GreenManDK, 5 Mar 2020 10:34
Last post: GreenManDK, 5 Mar 2020 10:35
Sorry, just seen the note in the last RNS about it being completed end of March 20. Pls ignore my last comment!
Anyone got any idea on the timeframe for this to be completed?