Member Info for AIMforprofit

This takes me back too my biggest concern yet which I am really trying to overcome:
It is cheaper to buy a long duration lithium ion battery than it is to buy a redt battery. I no longer see why anyone would ever choose RedT's product. I want them to succeed so I can recoup some money but I just don't see any scenario where it makes sense to buy a RedT battery over an alternative.

Those hub projects take years

From what I heard there might be more than one interested party which could, I suppose, be a reason for a delay (if I'm being optimistic)

I suppose that since that third party (can't remember their name) wasn't successful in getting POL to buy back shares there's no hope for us ever realising any value here...Or are we all holding on for something I don't know about?

Any technical traders out there care to shed some light on what the price barrier is that we need to break through? Seems to always be resistance at this level before it drops back...

I emailed them a couple of days ago and haven't heard anything back. I really hope they are still persisting

I know. Must just be a fault, surely

Anyone going today? Do we expect anything new to be announced?

Didn't he say he is stepping down from the Board? That doesn't mean he can't be CEO does it?

video unavailable

So the question is (and I think I know the answer), will these guys lease out their technology/satellites to providers like BBB or will they set up their own platforms for the customer side.
My guess is the latter which is somewhat worrying given the budget of these guys. I suspect they could amass 1m users purely by being super price competitive, making a loss and not even caring.

tweets, which have included branding a British diver a “pedo” (paedophile) for criticising Mr Musk’s abortive involvement in a cave rescue operation in Thailand. He later apologised. He was also fined $40 million for sharing false and misleading information after tweeting about taking Tesla private at $420 in an apparent joke about marijuana.

Mr Bezos has not yet responded to his rival’s insult.

Billionaires duke it out online

• In 2015, Jeff Bezos made his first-ever Tweet about the successful test flight of a space-tourism aircraft from his Blue Origin company. Mr Musk responded by posting links from sources such as Wikipedia to say that the suborbital flight did not count as “spaceflight”. He also objected to Mr Bezos’s description of the achievement as “rare”, pointing out that his own company had achieved many such flights.

• After a subsequent successful test flight by Mr Musk’s Space X, Mr Bezos tweeted his congratulations with a pointed “Welcome to the club!”

• Last year, before another SpaceX flight, Mr Bezos tweeted: “Best of luck @SpaceX with the Falcon Heavy launch tomorrow. Hoping for a beautiful, nominal [successful] flight! @BlueOrigin #GradatimFerociter.” Mr Musk responded with “Thanks” and the “blowing a kiss” emoji. Although this could be interpreted positively, critics said that Mr Bezos was “trolling” his rival by trumpeting his own firm’s Latin motto (“step by step, ferociously”) while Mr Musk’s emoji was an effective middle finger in response.

Elon Musk brands Jeff Bezos a copycat over Amazon’s broadband satellite launch

It is the latest outburst in the row between two middle-aged billionaires who dream of big rockets and space domination and give vent to their rivalry through “trash talk” on social media.

Elon Musk has branded Jeff Bezos a “copycat” on Twitter, suggesting that the Amazon founder lifted his idea for a network of broadband-beaming satellites. The 47-year-old has previously made similar allegations but never in such playground terms, tweeting “@Jeffbezos copy” followed by the cat emoji.

Mr Musk, a connoisseur of emojis and memes whose Twitter trolling has previously led to share price surges and a multimillion-dollar fine, is the co-founder of SpaceX, which has been working on its Starlink satellite project.

Existing satellite broadband can reach the remotest areas, where cable connections are not possible. It relies on a small number of satellites in orbit about 22,000 miles over Earth. These serve a huge ground area but the distance involved results in a long time lag and poor connection. The services are also expensive.

Technology bosses intend to provide affordable and fast broadband connections by deploying fleets of smaller satellites much closer to Earth. Mr Musk’s scheme aims to involve 4,425 satellites orbiting at an altitude of 750 miles. A second layer of 7,518 satellites would orbit at 210 miles. Information would be transferred between the satellites and the ground using radio waves, and from satellite to satellite using lasers.

SpaceX has previously tested two satellites that Mr Musk said provided a “pretty good” signal that was suitable for gaming. The company has announced a launch target of next month for the first operational satellites.

Mr Musk’s “copycat” comment was made in response to an article in MIT Technology Review about Amazon’s scheme, dubbed Project Kuiper. This will send satellites into orbit at three altitudes. There will be 784 satellites at 367 miles, 1,296 satellites at 379 miles and 1,156 satellites at 391 miles. Combined, the satellites will provide internet access to more than 95 per cent of the global population, according to Amazon.

Amazon isn’t the only other company working on this technology. An estimated three to four billion people still don’t have internet access, especially in Asia and Africa, and businesses see this as an enormous longterm opportunity. Other companies that are working on satellite broadband plans include Facebook and Google.

Mr Musk’s baiting of Mr Bezos, 55, follows previous public altercations between the billionaires, in which both have baited the other in tit-for-tat “mine’s bigger than yours” fashion.

Significantly, Amazon’s Project Kuiper team includes engineers who previously worked for Mr Musk’s Starlink program, including the former chief engineer and one of the principal designers of Starlink’s prototype satellites.

Mr Musk is known for other controversial twee

Unfortunately a 200% rise only gets most of us to about half (or less) of what we need to break even. If I wasn't already massively over exposed to this share I would buy some more to average down. Unfortunately I can only wait until it recovers.

I asked myself the same thing. Normally you would have a large bank of flow and a small bank of lithium.

Lots of volume and 3 similar sized large trades today. Looks like one of the institutions is topping up. I wonder what the trigger was

Statkraft or another strategic will be the answer there. Red won't be funding it.

OF, Statkraft might grant exclusivity to Redt in return for a guaranteed price discount to the market offering. RedT obviously wouldn't want to grant exclusivity to Statkraft unless there was an enormous guaranteed pipeline.

Either everyone has blocked me/screened my posts or no one has any comments/interest in my observations - I thought they were pretty relevant!:

"Just want to share some observations for you. I work for/manage a company doing exactly what Statkraft is saying it's going to do. All the energy companies are coming up with a similar proposition (1-2 years behind the smaller players like us - as is to be expected). What this RNS says is a new proposition is absolute nonsense. We have been offering fully funded solutions for yonks and we have been proposing these on a PPA basis or a revenue sharing basis. What's more ridiculous is that RedT know that we offer this as we have had detailed discussions with them on a project specific level from about 24 months ago - we never actually did a project with them as they didn't seem to understand what motivated an investor so it was forever a process of educating them and a very slow burner.
All the above said, obviously this is great news, however I think there is a danger for people to think this is bigger news than it actually is. A Partnership is often announced to create a news story for publicity which helps generate deals. Having those deals actually come to fruition can take a very long time as there's a huge client-education process which has to take place. I hope that there were already projects and clients in place and that Statkraft has just been finalising which technology it wants to use in which case excellent! If not I wouldn't be surprised if Statkraft have also underestimated how long this takes.
Given the track record of RedT I wouldn't be surprised if this has been massively over egged. Has anyone seen Statkraft make a similar announcement? Is it exclusive in that they won't use anyone else's tech?"

Just want to share some observations for you. I work for/manage a company doing exactly what Statkraft is saying it's going to do. All the energy companies are coming up with a similar proposition (1-2 years behind the smaller players like us - as is to be expected). What this RNS says is a new proposition is absolute nonsense. We have been offering fully funded solutions for yonks and we have been proposing these on a PPA basis or a revenue sharing basis. What's more ridiculous is that RedT know that we offer this as we have had detailed discussions with them on a project specific level from about 24 months ago - we never actually did a project with them as they didn't seem to understand what motivated an investor so it was forever a process of educating them and a very slow burner.
All the above said, obviously this is great news, however I think there is a danger for people to think this is bigger news than it actually is. A Partnership is often announced to create a news story for publicity which helps generate deals. Having those deals actually come to fruition can take a very long time as there's a huge client-education process which has to take place. I hope that there were already projects and clients in place and that Statkraft has just been finalising which technology it wants to use in which case excellent! If not I wouldn't be surprised if Statkraft have also underestimated how long this takes.
Given the track record of RedT I wouldn't be surprised if this has been massively over egged. Has anyone seen Statkraft make a similar announcement? Is it exclusive in that they won't use anyone else's tech?