Member Info for Alfacomp

YTSS - it would certainly seem so, however it appears that the short, if it has been closed as simply been taken over by the market makers - they sold high to the shorters on the assumption that they could walk it back down later to get the 1.4M shares they now need.

They sold high but it appears not as high as if they had actually needed to prise the shares out of any of our hands yesterday. They are assuming they can do that in the next couple of weeks when they will walk the price back down. They will be in trouble if none of us give us their shares cheap and they cannot get any idiot shorters to sell them some shares that they don't own.

They will be in double trouble if they cannot do this before the H1 financial results come out. How far off did you say they were gambit ?

Article published this morning
https://www.thebushveldperspective.com/trading-analysis-5th-sept-2018

Article just published
https://www.thebushveldperspective.com/trading-analysis-6th-sept-2018

If you don't read them you won't know what is going on here.

Block16Legend - Uni Energy Technologies, our partner, specifically claims no capacity degradation over a 20-year battery life ( http://www.uetechnologies.com/news/42-unienergy-technologies-launches-new-product-the-reflextm )

This is a result of the unique nature of Vanadium Flow Batteries - in that the stuff that is the positive electrolyte is also the stuff that is the negative electrolyte.

Any diffusion or leakage of electrolyte through the thin membrane. which must be porous to Hydrogen ions, and which separates the positive electrolyte from the negative electrolyte therefore has no permanent effect on battery capacity. In ever other flow battery if this were to happen there would almost definitely be irreversible loss of energy storage capacity.

Vanadium is the only element that has 4 stable and contiguous oxidation states in aqueous solution so don't go worrying that you might try the same trick with something else, because you can't.

YTSS - yes

fb - that would be a preferable scenario yes if such a financing organisation came forward. However I feel that Mikhail and Fortune are not the sorts of guys to be hanging around waiting for such an organisation to show up at their door and would be more than happy to use the integrated V+VRFB model to get the leasing model off the ground by themselves. We shall no doubt see.

Pb940 yep we would always retain ownership of the electrolyte - converting it back to v2o5 for use in steel is easy according to terry perles

Faramog - the most used figure is 5,000 tonnes per GWh - that is for the standard single acid electrolyte - so 5 Kg per KWh

However I don't think that VRFB manufacturers are going to have to pay the market rates that other users of Vanadium will have to. It is tough luck on them but they are boring industries with only limited (5-6 % per annum) growth potential.

The big growth potential is in VRFB energy storage and there is no way that the V producers are going to let that die on the vine, so they are probably going to be getting Vanadium at 30-40 USD/Kg.

Thus 15 USD a year allows you to use something like 5x35 = 175 USD Worth of Vanadium. The alternative is leaving the Vanadium in the ground. I am happy to offer this kind of leasing price to VRFB manufacturers if it means that in year one we have 100 tonnes leased, in year 2 300 tonnes, in year 3, 1000 tonnes, in year 4, 2000 tonnes, year 5 10000 tonnes

At 3 USD per KgV a year leasing costs, 10,000 tonnes earns 30 Million USD a year. FOR DOING NOTHING.

jonnyg - where did you get that information from ? - it is quite interesting.

So Johnny what you're saying is that we need Phil-I'm-the-binman-May to buy some BMN and then we'd rerate properly is that what I'm getting ?

Like knuttie like BMN, both are in perfect balance this morning. Ooooom

BBN - good stuff but you have underestimated because the uplift in going from 78.50 USD/KgV to 86 USD/KgV is 7,500 USD/tonne not 6,500.

kevkan,

any ideas of who might be supplying them with rented electrolyte ? I have strong suspicions arising from my attendance at the recent Vanitec meeting but I cannot say more than that.

Any other suggestions that we could do something about ?

The question of which market it is in is perhaps not the right question. Perhaps we should ask how did they manage to get the valuation that they have despite being so many years away from producing a single penny of profit. I can see a number of possibilities all of which may have some impact.

1) It is in the UK
2) It has been covered extensively by all the standard publications eg Shares Magazine, IC etc

please add...

I see that they tried again to get their 16,500 trade through the auction this morning. This time they were successful and managed to get a trade logged at 22.30p - this of course is the lowest price for any shares paid this morning.

Maybe if there was an independently researched resource like www.thebushveldperspective.com there would not be so many disappointed SXX investors this morning. Who knew that it cost money to build a mine from scratch ?

Bid increasing 22.35, 22.385, 22.39, 22.4
Offer falling 22.70, 22.675, 22.67...

we usually see this behaviour just before something else happens

Someone should let all their investors know about a well run, producing miner of a battery storage metal that is currently under the market's radar.

https://www.thebushveldperspective.com/trading-analysis-5th-sept-2018

Lionel and Loudspeaker - I believe that stockhead have got it wrong regarding the EWE flow battery - I don't believe it to be Vanadium