Member Info for Alfacomp

quite nicely 26.8, 26.89, 26.90, 26.95....

RazoShultz - Lithium-ion batteries are permanently damaged each time you discharge them

Why no mention of Vanadium Flow Batteries of course ?

The answer is due to the fact that this publication is 'MIT Technology Review' and the following excerpt from the text makes it clear what their agenda is:

Lithium-ion batteries could compete economically with these natural-gas peakers within the next five years, says Marco Ferrara, a cofounder of Form Energy, an MIT spinout developing grid storage batteries.

mike - it depends on the site, but it will not be until after the end of the financial year and the company reports their earnings. The financial reporting period for the company ends at the end of december and the 2017 financial report was delivered on the 29 June this year, so it looks like you might have to wait until the start of July 2019 for numbers that make it onto websites are available.

That's for all the lazy so and so's who could not be bothered to do their research before it was presented to them on a plate. Those who have already found this board will know that interim production (and hopefully cashflow) figures will be available long before then, possibly Q2 next week, and this will continue to drive the SP upwards on the back of Vanadium prices that are higher than they have been at any point in the last 10 years.

Well thanks to them I bought many millions of shares.

Who knows, it is history now and Yellow Dragon have been critically helpful to our success so far.

They paid 1.8p for their shares so 2.4p to 1.8p makes sense - after that they are selling at a loss.

knuttie - a great recap but for newcomers it is also worth adding some additional context :-

The Vametco deal was announced in May 2016 - when the SP was 2.40p. Despite this hugely transformative deal for the company, by christmas the share price had fallen still further to only 50% of that figure.

I was not following the daily trading activity so closely then but I suspect that there was significant shorting (either by traders or by the MMs themselves simply selling what they had then walking the price down to buy what they need) going on to drive the price so much lower in the face of clear fundamental progress.

It is precisely this situation, where the company is doing one thing but the SP is doing the opposite that requires the greatest understanding of the true company potential - and which also, as knuttie has shown, which offers the greatest investment opportunity.

We are still nowhere near true value for Vametco, let along when you factor in Mokopane, Brits, Lemur or Bushveld Energy. There are some that will not have the patience to see this through to the point that is reached. However there is also a significant number of investors who have had their patience already tested and who will be staying around a lot longer to receive the true level of profit that rewards the risks they have already endured.

@Beingpatient - I am going through the AIM100 analysis again using the companies you listed. BXP stands out as it has a market cap of only 200M compared with all the others somewhat higher, was this a typo ?

ninjamagic, yep still just got a touch over 11 million shares here, about the same as knuttie I recall.

... potentially undermine ...

Endion, thanks for sharing that story - it really is remarkable how someone can be tipping RedT and not know anything about the Vanadium that comprises something between 30 and 50% of their battery cost. Thanks also to Kevkan for referencing the Bushveld Perspective in his responses.

For those that were not here 18 months ago when BMN first rerated from 2p to 8p this board was suddenly attacked by a large group of trouble makers and trolls of the worst kind, whilst sometimes we get 200 posts in a day now on normal days back then the typical number of posts was nearer 20, until the nonsense mongers arrived and then it shot up to 200-300.

This and the clearly misleading articles on the Sharemuppets website got me really really annoyed so I vouched that day to never let those guys win and potentially what was clearly a superb company, even at that stage. This is why I set up the Bushveld Perspective - for me it is personal and it is a matter of fact winning over fiction.

No CGT on an ISA or SIPP try another line Capawotsit

Knuttie whilst you and I enjoyed the annual general meeting in the Channel Islands you have never been to one of the vanitec meetings. You would be amazed and would hold that opinion even more strongly

coffeecups - I am not specialised enough to speculate on that issue - though I know that there are plenty of people now working in the field build real practical systems and they are in the best position to judge if it helps at all. What I do know is that VRFB's are going to be massive even if it does not help.

Endion - it is that very feature which is why I am so enthusiastic about VRFBs and what means that these things are already being made in very large scale with everything that is already known in the field. Thus we are not waiting for my ersthwhile university colleagues to dream up any improvements before we can get cracking rolling these things out.

I am not saying that improvements will not come with time as people get their eyes in making these things but I do not think that they will be of a fundamental operational nature but improvements in long-term reliability of all the components in the system, of operational temperature range perhaps (though the mixed acids approach has done a very good job on this already) and ultimately build cost. This is a mature technology.

Ophidian, my understanding is that due to the unique properties, described earlier, of the Vanadium Flow Battery that ion selectivity is nowhere near as important as in a non-Vanadium Battery. Sure you would like only protons to go through the membrane but is it no problem if other species go through as the electrolyte is the same mix on both sides of the battery, just in different oxidation states.

It would entail a trip to the university library for me and I am completely swamped with things to do at the moment. It mentions something about a solid electrolyte which I find somewhat confusing in the context of a flow battery so I may have to give it a miss for the time being.

They are knocking off early for the weekend.

The other conclusion is that this is the only sort of Flow Battery you should ever want to make.