Member Info for Bolgas

Placing price was 8p, still does not distract from the fact share price is poor, could certianly do better. Let us hope scott releases the good news soon.

Big expectations for this year, he is not going to spell out what that means, he has however mentioned mega project(s) and I believe it is estimated at 100MWh, kind of links in with Centrica in Ireland that has planning submitted and actually should be decided next month assuming no complications. We wait and see on that, still believe we have secured that Singapore contract (2MWh) and I would think there is another 3/4 contracts to be confirmed plus whatever smaller ones, all guess work of course, hopefully more then that. Singapore and a Centrica contract will put a rocket up this share price, specially with an increasing order book.

Not sure where you have that from regarding redT subsidising, I gather they are low margin but not loss making. Investor conference tomorrow, hopefully we should have an influx of new investors and perhaps news on where we are at since our last update in September. Certainly due an update and with farmers getting a subsidy and our recent article in NFU magazine should have helped./

Looks like they have sold nothing, whilst they have a link with a miner might be helpful but sales are key. RedT have not sold a huge amount but we are perhaps the only one who�s actually making cash sales, no other VRB manufacturer is as far as I know. Also we have no idea if we are in talks with similar deals, it has been mentioned by our broker that we are intent on having several ties around the world (Vanadium miners), that compliments our global manufacturing capability.

Have a look at Gildemeister website, there are several third party sellers that we have now taken onboard, plus we took one from redflow in South Africa recently. Personally believe we have a great team, our product is with Centrica, e.on, Engie and many others. There are plenty of competitors in this field, how many have the reliability and life span of ours is reason I hold, likes of Jabil decided our product was one to lead the way after doing DD on many companies in this area. I would go further but I have had a seriously long day and now looking forward to watching a film and passing out, try and fill in with more information when I am a little more compos mentis!!!

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Me too, stick me down for a fiver.

Some intersting followers of late, here is one from today credentials:- Offering solar energy solutions for midsize and large size projects in Turkey and Middle-East markets. Over 5 years adequate on-field experience in hundreds of local PV installations including reputable references. Project management of both in large size solar power plants and commercial rooftops as an EPC professional. I have quite reputable experience of hybrid systems (photovoltaics & gensets ) and mid size grid supported off-grid, battery supported projects.

Was in a little rush this morning, a few problems with other chemistry:- Zinc Bromine, 2 elements....the zinc bromine flow battery if the membrane fails you have to replace all the electrolyte, plus the battery will stop working,with a pure Vanadium battery the cross contamination will make little differance, just replace the membrane....REDT has the safest flow battery thecnology Also this which was written about redflow who have same chemicals mix:- Redflow Is Building a Small Flow Battery for Long-Duration Storage in Homes �They had better be very, very, very sure that no bromine will ever leak out and cause problems.� At the same time, though, Redflow�s choice of electrolyte is potentially problematic, because bromine is corrosive and toxic at room temperature. �They had better be very, very, very sure that no bromine will ever leak out and cause problems,� said Michael Aziz, a professor of materials and energy technologies at Harvard, who is working on safe flow batteries for household use. �Then again,� he added, �Tesla has to be very, very, very sure that their lithium-ion battery won�t ever cause a house to burn down.�

Competition is healthy, we have big hitters behind us, e.on, Centrica and Engie!! Also consider which company is targeting what segment s, we are targeting commercial, whilst most others are targeting large scale , it is such a vast area that is untouched. I�m sure as time goes on we will have consolidatin, for now we are leading the way making actual cash sales.

Share price is poor, however it is just above placing price according to what I can see. Another day in AIM.

Does bring home how crazy valuations are, �7.4 billion it is, but look at what revenues they are producing, we have done maybe a 10th of that so �740 million!! Thing is we are in such a huge growth market yet struggle to hold a �50 million market cap in reality. One day Rodders, one day!

�7.5 billion offer with a large order book that is slowly being converted:- It sold �33m of stock last year but now expects this figure to hit �275m in 2020 and �500m in 2022. Goes show the potential sums involved, get a few more sales under our belts, likes of Centrica ordering will set get us noticed, hopefully starts a bidding war!! I will take a 5 billion offer lol

Singapore to trial grid-scale battery energy storage Red Dot Power will work with the National University of Singapore and Germany-based storage outfit Younicos to test a 0.25 MW/2 MWh vanadium redox flow battery system. Younicos will deliver the test bed, provide control software and handle the grid interface. http://www.powerengineeringint.com/articles/2017/10/singapore-to-trial-grid-scale-battery-energy-storage.html We know technology partner has been selected but nothing confirmed, they are of course linked from our new sales recruit:- https://www.younicos.com/news/

Maybe a bit early for a redT product, but then again why not confirm technology? Centrica, one of Britain's so-called 'Big Six' energy suppliers, has received planning permission for a brace of battery energy storage units at its UK headquarters in Windsor with a combined capacity of 1MW set to be built at the site. Centrica was unable to reveal further details of the proposed batteries, including what battery technologies are to be used. The company�s 49MW Roosecote project which is nearing completion in Cumbria uses lithium-ion batteries from Samsung SDI, while�a 1MWh vanadium redox flow machine�part funded by Centrica was the first to sign up to a local energy market being set up by the company in Cornwall. Other significant moves by the company into energy storage include the recent submission of early stage plans for a 100MW battery facility in Ireland - currently being considered with a natural gas plant as an�alternative - Full report here:- https://www.energy-storage.news/news/centrica-follows-up-big-uk-battery-project-with-1mw-for-own-headquarters

Just need some sustained positive news to propel us from these low levels, that we have been at for nearly 3 years? There�s a fully functional team in place, a proven sales man who has some 28MWh sales behind him with now a better tech and lower price. News has to be around corner, come on Scott !!

No, it is clearly not what you have been saying, reason I posted it.

Press today:- Vanadium accounts for about 40 percent of the cost of a VRFB, but energy storage is an emerging application for the metal as 90 percent of vanadium is used in steel. The company acknowledges the �higher cost structure for electrolyte� in Tuesday�s release, noting that it is due to limited supply and impurities associated with conventional processing methods. VanadiumCorp adds that the chemical process it has created with Electrochem dissolves the feedstock in a solution, which allows for impurities to be removed more easily. https://investingnews.com/daily/resource-investing/industrial-metals-investing/vanadium-investing/canadian-firm-new-way-process-vanadium/

OilyChan, Lithium in our instance will not be working hard, only short bursts. As for cooling etc it would make sense to use the workhorse, flow machine, to prevent degradation.

I refer Tesla�s lithium Project not redT�s in example. Just for clarity.