Member Info for Alfacomp

biganuf - zinc-air batteries have been around for decades but they have never really been considered for large scale grid applications because they rely upon one key ingredient - the air. This has to be let if from the outside and when you do so you let in other things such as water vapour and carbon dioxide, which produce side reactions that you have little control over and whose effects are location specific.

Having a guaranteed supply of Vanadium from Bushveld Minerals means that they can actually produce a price list for their products that doesn't need reprinting every 3 months. If you have ever tried to buy Vanadium electrolyte on the 'open' market you would discover that that is actually worth a huge amount.

I've had to break my social media distancing to bring you this very basic piece of information so please can you pay attention.

Not really, the midpoint is not a special place the actual trading position always moves around inside the advertised bid-ask bands.

JD1972 - I disagree - the 500K at 8:48 appears to be a sell that needed to be dropped in to deal with the sudden surge of buying at 13.44p 4 minutes earlier.

actually looked at the FAR resource ?

Can you actually say exactly WHERE it is ? Have a look at their website and see if that tells you...

I would not. This company is going to be worth a lot more than that.

Macanman - that bit is actually from the previous year's report.

I am having a discussion with the Roskill researchers next week to give them a better idea of what is happening in the VRFB market. Toodle pip !

stodgy88 - if you are looking for reassurance you should probably read the Bushveld Perspective.

Enough from me, I'm have a fine time away from LSE - see you next month.

All those here can appreciate why I shall be blocking any twitter accounts that are set up today.

If you genuinely do not have an account on twitter and wish to follow me there you know what to do.

@BMNperspective

For the avoidance of doubt I have just tweeted:-

Having an LSE free May whilst they try and get their IT sorted out.

Instead I'll be working on my own #Vanadium #VRFB projects. #BMN

The new rules allow coal mines and open cast mines, also known as open pit mines, to resume full operations, while underground mines can only operate at 50% capacity to make it easier to maintain social distancing, the Minerals Council said.

hmmm - if it is connected parties on both sides of that trade, then it would be illegal.

yep VRFB is cheaper than Lithium-ion at anything greater than 4 hours duration, even on 2017 costings for VRFB's.

I predict that VRFB prices will drop more than Lithium-ion systems (the lithium-ion cells represent perhaps only 40% of the cost of an entire Lithium-ion system).

And then there's the issue of safety.

bassguy - indeed that may be the case - they cannot go after the leveraged spreadbet holdings like they did about 6 weeks ago, because they've all been taken out in the drop to 7p. Now we should have a base which is less easy to screw over with fake drops. Just remember to never use the so-called 'stop-loss' orders which should be taken to the advertising standards agency as they do not stop losses but actually guarantee them.

Ever think you've been promised something only to have it cruelly taken away from you ?

That's what's happened every day this week.

On Monday we finished at 13.65p, but Tuesday opened at 13.25p - apparently down 3%
On Tuesday we finished at 13.75p but Wednesday opened at 13.625 - apparently down 1%
On Wednesday we finished at 14.00p but Today opened at 13.25 - apparently down 5.4%

The reality, if you properly analyse the trades to establish the Accumulation-Distribution threshold (the price in the market that can be used to that draw the line between MM Buys and MM Sells) then on Monday it finished at 13.20p but started Tuesday at exactly the same point.

At the end of Tuesday the AD point finished at 13.65p and started Wednesday at 13.40p - so down 1.4%
On Wednesday the AD point finished at 13.275p - today it started at 13.20p - so down 0.6%

Apparent opening drops total 9.4%, actual drops total 2%.

So why is someone indulging in this rather pathetic attempt at end day gaslighting ? The MM nett trade position may have something to do with it.

Last Friday I counted 827K more Buys than Sells, on Monday this week it was 430K more Buys than Sells, on Tuesday it was 400K more Buys than Sells and yesterday it was 250K more Buys than Sells. All calculated ignoring the trades after the end of the day, which I am suggesting, if you hadn't spotted it, I think are highly suspicious.

Thus we have a situation where the Market Makers appear to have accumulated a lack of almost 2M shares within a week and every morning we are treated to yet more fake droppery. So if anyone offers you a happy ending today you know what to do.

I have to agree Pdub - we're not messing about with AIM or AIM-like exchanges any more. It has to be the London main market or the Dow Jones plus the JSE dual listing as far as I am concerned.

So it seems that pretty much all of our long term holders have been buying more. If that is not a vote of confidence then I don't know what is.

Snott - there are a number of different systems which use high temperature molten metal, most obviously the Sodium-Sulphur batteries from NGK in Japan. Actually whatever Mr Musk cultists tell you about his batteries being the biggest it is actually the 300mWh Sodium Sulphur battery in Buzen, Japan that is the world's largest battery .

The problem is that when the Sodium Sulphur batteries catch fire all the sodium burns and it takes a week to put out. There have been multiple disasters caused by Sodium-Sulphur batteries. Sadoway's battery is no different.

Hydro-pneumatic storage is not appropriate for any kind of FFR or primary grid regulation. Furthermore as the first comment on this ( http://euanmearns.com/a-review-of-underwater-compressed-air-storage/ ) post makes clear the round trip efficiency of a compressed air energy storage system is around 50%. This compares with around 80% for VRFBs - thus the CAES wastes more than 250% of the energy that a VRFB system does.