Member Info for Alfacomp

Now over half a million

Primerate - I doubt that the company will be coming back to the market to ask them for the money to scale up production at the mine - AV's experience over on BMN has taught him that the London bucket shops do the company no favours and instead they have been able to rely upon other sources of finance, eg such as the Orion finance deal. Sure they may have to offer CLN's and some share warrants in order to lubricate those deals so there may be some effect of dilution but AV and FM have now got a good handle on how the process works now. Having phase 1 fully up and running and optimised helps massively of course with the step up to those alternative funding mechanisms.

The even better news is that tin prices are up another 0.5% on the day to over $21,400 per tonne.

JustHere - fair points but it is worth going over the process so as to see how dilution at the point of the RTO would affect early stage investors.

Say the cash shell has 1M cash and due to investor excitement has been bid up to have a MC of 2M and then along comes the target RTO company who wants to get onto the market with an initial placing to get them 10M of working capital - how do the early stage shell investors (the ones who may have paid £2 per £1 cash in the bank) figure out how they are going to be off after the RTO process ?

I make an excess of 400K buys so far, 18 minutes in

in V2O5 in China

https://twitter.com/detourettes/status/1346921522565246978

Sanchez - I predict that the Bitcoin bubble will burst and there will be a huge outflow of money into real commodities. Battery and fuel cell metals are clearly the ones that are in major structural growth and Vanadium has the very furthest to go yet.

lets see if he gives them a hard or easy time.

bassguy - that situation may come to pass in time, but I've sat in Vanitec meetings full of multiple VRFB manufacturers and they all think that they have got some special secret sauce that will allow them to beat the others. Maybe some of them do and some of them are just winging it to try and make out they can keep up. It is a relatively young industry and needs encouragement to mature at its own pace rather than parachuting in an external team to tell all the innovators what they are doing wrong.

Indeed jimbo - I rather like the idea of being able to sell Vanadium to everyone and thereby hedge our bets on which particular VRFB company may do the best job, rather than picking one and giving them the keys to the sweetie cupboard.

bassguy - what if enerox were to be floated on a public market in germany ?

I guess nobody should like someone who so brazenly makes it all up. Regardless of how much money they have.

How does someone get like that ? It is an interesting question - are they all like Richard Branson - grinning confidence but not the faintest whisp of the grasp of the technicals - no not in the case of Musk - he is more like Steve Jobs in that he understands that there is a subject called physics which constrains things.

So how come he ends up talking so much nonsense - essentially because he is surrounded by fawning yes people and fanboys. If you don't believe me then just marvel at the levels of arslikhan on display here:- https://www.youtube.com/watch?v=J9oEc0wCQDE

but be careful, you may need to have a shower afterwards.

it's not a big deal - quite literally, they pay low trading fees but get hammered on the spread

BTS - VHS won because it got all the Video shops up and running - in that sense the VHS offering was the better offering because if you went VHS then you could actually go and hire a video.

It had nothing to do with 'branding' - people didn't buy VHS because they thought the logo was better than the one for Betamax. They did not wear tank-tops with VHS logos on them.

Batteries are a technical product, not a lifestyle one, so advertising is much less pertinent. Performance is.

I am here all decade mb, try the veal.

I think that you should buy perhaps more than one mb

not quite the same Longboat energy are trying to find something in fossil fuels. Pineapple power are looking to get an RTO with a Vanadium flow battery company. I wonder which one.

Now everyone can understand why their fabled battery day was so underwhelming - about halfway through the increase in Tesla battery capacity is completely ripped to shreds.

https://www.youtube.com/watch?v=dMmaG_3NnGs

it turns out that their batteries have higher capacity, because ... they are making them bigger. Nothing more.

the small trades are I think from a microtrading platform called freetrade

When Matti and I visited Vametco in 2019 he did also point to the huge mountain of processed magnetite sitting by the front gate and asked if anyone wanted to buy it. 1 million tonnes minimum order.

https://www.thebushveldperspective.com/blog/public-articles-1/post/vametco-mine-visit-407

looks like freetrade trades