Member Info for Alfacomp

had another 50k shares this morning - that's 4 days in a row

Sloppy - there is little evidence that this is a genuine development. Nunzio La Vecchia the guy behind the company is an Italian singer with form for not delivering.

Lionel - there was a time when the central electricity generating board had a number of centralised research laboratories. I believe that the main one was in Leatherhead, Surrey and was closed down after privatisation in 1993.

https://www.gracesguide.co.uk/CEGB

This is the sort of place that might have done side-by-side testing of the different battery storage technologies that are available today.

Eskom does it :- https://thebushveldperspective.com/blog/public-articles-1/post/eskom-battery-site-visit-410

Snohomish Country in Washington State does it:- https://www.snopud.com/PowerSupply/energystorage.ashx?p=2142

CMI a private company in Belgium does it:- https://www.youtube.com/watch?v=kxZ8Dn1x11k

All of these projects contain Vanadium Flow Batteries.

There is no such side-by-side comparison pilot in the UK. You might ask your MEP why not.

Very clear, as ever, BBN

HaleSpur - yeah I will ring them tomorrow and let them know that we are all going to be selling their shares, thanks for letting us know about this.

Mrremmy - unpicking and debunking every naive baseloadists battery capacity calcs is somewhat tedious but I contributed a little to the effort there. Thanks for pointing it out. There are some that assume that the the job of the battery is somehow to turn every single intermittent renewable source into a smooth baseload supply.

Yet they miss the fact that the demand is not constant. It never has been. Adding intermittent renewables to the mix has not changed the problem.

Adding utility-scale battery storage to the mix does however change the solution.

numpty - not just yet but I see that the chinese are reading about vanadium prices on TBP

kevkan, - this is very interesting - of course, though not a lot of people seem to know it, the UK was the first country in the world to introduce legally binding emissions reduction legislation with the climate change act in 2008.

https://www.theccc.org.uk/our-impact/ten-years-of-the-climate-change-act/

That mandates 80% reduction in emissions by 2050 with respect to 1990 levels.

Whilst the government asserts that UK emissions have fallen by over 40% since 1990 as Great Thunberg was right to point out last week this is only the emissions produced within the UK's territory - it doesn't consider what the UK DOES - namely the CO2 generated by all the stuff we buy from abroad, and have shipped here, or anything to do with air transport - all of which are major contributors.

https://www.bbc.co.uk/news/science-environment-48025650

Sure we can say that it is other country's jobs to sort out the greening of their energy or transportation systems - however this is inevitably going to mean that imported goods cost significantly more in the UK.

A good question gambit - I think that a company that is aiming to be the pre-eminent supplier of Vanadium electrolyte in what within 10 years could be a 20% VRFB segment of a $50 billion dollar (annual) stationary energy storage industry could reasonably be floated with a $100M Mcap.

Even only 1000 MWh worth (5,500 tonnes Vanadium) of V-electrolyte production could yield sales of $500 Million per year and a profit of perhaps $100-$150M per annum. It would not be unreasonable to value such a growth company at $2B Mcap - 20x larger than the float price.

However this is just the start. If Vametco can be expanded to 10,000 tpa and Mokopane also comes on-stream then there would be sufficient Vanadium production to further treble these figures.

Further potential revenues from actually operating energy storage assets are currently ignored.

earthling - I think you got the wrong board.

A pity because everything else that you wrote is generally applicable.

AM - it is behind a paywall but you can see it here:- https://twitter.com/harvrem/status/1121685109239762945?s=21

to see the presentation about energy storage in emerging markets you can see it here

https://www.strategen.com/global-grid-webinar

This includes sections by the world bank, which are, ahem, somewhat relevant, ahem

Daisan - I am getting really concerned for you now - your memory doesn't appear to be what it was, surely you remember that I highlighted this behaviour in my 20th Dec 2018 trading analysis:-

https://thebushveldperspective.com/blog/public-trade-analysis-6/post/trading-analysis-20th-dec-2018-378

Thus the simplest explanation is that a 250K buyer is hoovering up shares and the MMs only drop them into the market when the buy arrives.

Nice try Daisan but I'm afraid that in the last 4 days of trading there have only been 4x 250K trades and they all occured yesterday. In fact all of yesterday's 250K trades were arranged as pairs with the first one at a higher price than the second.

Thus the simplest explanation is that a 250K buyer is hoovering up shares and the MMs only drop them into the market when the buy arrives.

Buys outnumber sells by 6 to 1 at the moment - the situation cannot stay like it is forever. But whilst it does I shall continue to accumulate shares.

That is another 50K shares for me this morning - that's 3 day on the trot.

Less than 50K shares sold to MMs so far it seems - congratulations guys you have killed the market stone dead.

pb940 - great to see that the ESI/Mining Review Africa webinar on Battery metals is also be advertised there:-

https://goto.webcasts.com/viewer/event.jsp?ei=1242694&tp_key=b2059300c4

This will be particularly interesting to followers of Bushveld Minerals as Mikhail is one of the speakers.

I don't kevkan I decided that the £20 a month or whatever it was was better invested in Bushveld Minerals. Try clearing your cookies or try the fabled private browsing mode

Kevkan, the article is here https://www.ft.com/content/4f1b33a6-61f1-11e9-b285-3acd5d43599e

I am surprised that nobody in the comments section has bothered to point out that the 1.3GW quoted is completely out of line with National Grid's own FES predictions.