Member Info for Alfacomp

that should read:

25% = power of minority to block special resolutions or takeover by way of Scheme (although for practical purposes this blocking ability will arise with a smaller shareholding.)

For those that might be concerned about the possibility of a lowball offer read page 45 here:- https://www.slaughterandmay.com/media/39320/a-guide-to-takeovers-in-the-united-kingdom.pdf

25% = https://www.slaughterandmay.com/media/39320/a-guide-to-takeovers-in-the-united-kingdom.pdf

The 10-20 million that may have changed hands here in the last week or so amounts to only 1-2% of the company.

There is next to no chance of an unrealistic offer being accepted by the shareholders.

Daisydog - it only takes 25% to block a takeover offer. I can call upon the support of at least 10% and am going to be discussing this with a major mergers and acquisitions lawyer in the next couple of days, which is handy because he turns out to be one of my oldest friends, oh, and shareholder here.

will appear on ADVFN around midday. It won't appear on LSE.

just when people are looking the other way I shall be buying more thank you very much.

in this parish, and who would normally be along to the next after obtaining their standard 10%, you may wish to pause a while and consider the following:-

1. Climate change is real and not going away. It will be the largest systematic issue of the next 30 years.
2. Large scale Electrical Energy ('Battery') storage has only really become a 'thing' in the last 5 years. Before that the only way that electrical grids could store energy created at one point in time for use later was via pumped hydro, which is obviously limited in its scope.
3. Electrical Energy Storage doesn't just help variable renewable energy generation but it also aids conventional grids to be more efficient, for example by allowing energy to be stored close to sources of peak demand, so that you do not need to build new transmission capacity to satisfy a peak that may only occur once a year.
4. As this article ( https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-415 ) details the worldwide energy storage market has been forecast by Navigant to be 50 Billion dollars per year by 2027, with flow batteries expected to capture 1/5th of this.
5. As this article ( https://www.thebushveldperspective.com/blog/public-articles-1/post/energy-storage-europe-2019-414 ) details Vanadium Flow Batteries are one of the few technologies that can be used across a full range of energy system applications and charge-discharge timescales. Of the 12 applications currently considered only 2 (Primary and secondary response) are currently incentivised by National Grid market systems - the MUCH larger, longer duration, Peaker replacement market ( see https://www.nrel.gov/docs/fy19osti/74184.pdf ) has not even been touched yet.
6. Vanadium flow batteries (VRFBs) are rather simple devices with only a single metal ion, Vanadium, in the energy storage electrolyte. The cost of this currently comprises about 40% of the overall cost of the Vanadium flow Battery, quite unlike any other battery chemistry.
7. Flow batteries are already cost competitive with Lithium-ion ( https://www.energy-storage.news/blogs/cellcubes-highly-vertical-ambitions-for-long-duration-redox-flow-batteries ) but can not burn.
7. Whilst the planet has huge potential Vanadium resources (Vanadium is more plentiful than Chrome, Nickel, Zinc AND COPPER) we currently only mine it at tiny rates - eg 1/200th of the rate of copper. Why - because we never had the need to as the main current application of Vanadium only requires about 90,000 tonnes V per year. The 20 GWh VRFB production per year that Navigant forecasts would require the same amount again.
8. There are only 4 significant producing Vanadium plants outside of China. We own two of them.
9. There are around 15 established VRFB manufacturers. When our deals with Avalon, RedT and Enerox are concluded we shall have stakes and guarantees to supply 3 of them.

The size of this opportunity is not one you will get again in your lifetime.

Hey Ninvestor, nice start. Numpty - looks like we may have a writing team partner for you - Galton and Simpson, Clement and Le Frenais, Numpty and Ninvestor, certainly funnier than Capa and Coffeecups, though the latter will be quite a good name for the book.

Bella - it quite possibly is the end of an overhang. Over the past couple of days there have been a number of blocks of share trades that have been restated - i.e. reversed off then put through again as a single transaction. 2M, 2.2M etc. the last one that went through included the rather incongruous quantity of 1,234,670 shares in a single block totalling 5,834,670.

Unlike the warrant blocks previously analysed in this way this specific amount does not relate directly to anything we can lay our eyes upon, but it is interesting as a non-round number trade is usually deemed to signify the end of something. As for who is suddenly buying these shares that is an even more open question. The fact that they have does not appear to be in doubt though.

Barry if you look at those trades you will see that the 5.8Million is simply a restatement of all the others. So they reverse off the trades from the previous day and then restate with an average value. Simples, no mess, no conspiracy.

Or it would be if

1) LSE actually showed all those trades
2) ADVFN showed reversals correctly with a minus sign
3) ADVFN showed the original transaction dates and times not the date and time they actually print it

So there, as I said, no conspiracy. Because none is needed when the underlying fundamentals of the AIM trade reporting system are as broken as they clearly currently are.

You won't get one TrustedInvestor because they were apparently never above the 3% level

Jagadish - I count 11.6M buys vs 6.6M sells - that's quite a big excess of Buys they will need to find the shares for.

BBN - avalon and RedT are fairly complementary in terms of battery size and markets (both geographical and structural) that they can address. The merger is a pretty canny one in my view

Northbank - not it is like the bank, you only get cash out of the hole in the wall. Until that point it is simply a promise to let you have the cash based upon what the computer says.

MEM - not formally our reserves (as defined by JORC) but in our resources:

Vametco 1.45 Million Tonnes contained V
Mokopane 2.0 Million Tonnes contained V
Brits (maiden resource) 0.11 Million Tonne contained V

the answer is always in the question, in this case at the end of the question.

Indeed squirty - that's all shown here:-https://www.thebushveldperspective.com/blog/public-articles-1/post/the-end-of-erongo-260

Darn you Sanchez I told my wife that she was the one responsible. Now I'm going to have to take her out for lunch.

but you said you emailed chika - so what email address did you use ? Maybe you typed it wrong

bang on the money as usual BBN

which email address did you use for chika ?