Member Info for Bolgas

Last investor presentation assumes electrolyte rental/leasing agreement, there are several large players looking at this as an option including these guys:- http://www.arc-fund.com/about-us/ One huge advantage over lithium is our ongoing maintenance charge, it�s minimal. If they reduce upfront cost and spread that rental over the lifetime of product we will be quids in on costings. Do not forget lithium does not work in heat, that Australia system will be tested to the max over the coming couple of years, degradation will be ecelerated whilst the cost of maintaining it in extreme temperatures will undoubtably be costly and should the unthinkable happen and it ignites it is bye bye lithium for grid scale. It has already happened once. Grid scale storage as those clever Chinese have already worked out is VRB, likes of Centrica or other finances house/investment houses will work out a way of funding whilst ensuring a nice guaranteed financial return.

I quoted from your posting history, here:- �Sorry Bolgas, the electrolyte accounts for at least 40% of the cost of a VRB� 90% cost of electrolyte makes no sense whatsoever to me, still I guess these things change as does ones position.

Apologies for double post, however you can see that experts who I tend sway with have similar view, likewise out of my recent post (check history) half of 500 experts expect VRB to be the next big thing. Further we are (perhaps) the only VRB company to make commercial sales would suggest we are in fact the cheapest and others have a more expensive battery, not electrolyte, this when orders roll in will make us a market leader and worth several billion IMO. All opinions though.

The surge in vanadium prices in the second half of 2017, he says, can be chalked up to �a combination of perceptions of changing Chinese policies on vanadium content in steel alloys and the fervor relating to alternative battery metals.�China has been ruminating about increasing the vanadium content in steel to make it stronger, while vanadium�s potential in mass electricity storage devices, or vanadium redox batteries (VRB), have also made it appealing to investors. And it hasn�t hurt that mine finacier Robert Friedland, who received a lifetime achievement award from The Northern Miner last year, has also been singing the metal�s praises. At a Natural Resources Forum event at the London Stock Exchange in July, Friedland spoke �in nothing short of a vanadium-induced ecstasy,� Ecclestone writes. �Never could we have imagined the metal having such a euphoric effect.� His speech �gave the Friedland imprimatur to a metal which most metals watchers have rarely paid any attention to due to it (largely) being a by-product of the mining of other metals and, curiously, of the petroleum refining industry,� Ecclestone continues. �It was not just Friedland though that has latched onto this bandwagon as we have heard vanadium name-checked at a number of events during 2017 as the next big thing now that lithium has somewhat done its dash with promoters overcooking the souffl�.�

Prices for vanadium � a minor metal traditionally used to strengthen steel and more recently a key component in a new generation of battery technology that could potentially store electricity from solar and wind generation � are expected to rise in coming years, Christopher Ecclestone of Hallgarten & Co. forecasts. Vanadium pentoxide (V2O5) prices moved from around US$5 per lb. at the end of December 2016 to US$12.50 per lb. at the end of July 2017, before closing the year at US$9.50 per lb., and the U.K.-based analyst predicts the price will reach US$13.20 per lb. by the end of 2018, US$15.00 per lb. by the end of 2019, and US$19 per lb. by the end of 2020. �Last decade vanadium surfaced as a subject of interest primarily tied to the fortunes of the then-booming steel industry,� he writes in a Jan. 3 research note. �Now vanadium is coming back with a vengeance for its potential in mass electricity storage devices, namely the vanadium redox battery, or VRB.�

Prices for vanadium � a minor metal traditionally used to strengthen steel and more recently a key component in a new generation of battery technology that could potentially store electricity from solar and wind generation � are expected to rise in coming years, Christopher Ecclestone of Hallgarten & Co. forecasts. Vanadium pentoxide (V2O5) prices moved from around US$5 per lb. at the end of December 2016 to US$12.50 per lb. at the end of July 2017, before closing the year at US$9.50 per lb., and the U.K.-based analyst predicts the price will reach US$13.20 per lb. by the end of 2018, US$15.00 per lb. by the end of 2019, and US$19 per lb. by the end of 2020. �Last decade vanadium surfaced as a subject of interest primarily tied to the fortunes of the then-booming steel industry,� he writes in a Jan. 3 research note. �Now vanadium is coming back with a vengeance for its potential in mass electricity storage devices, namely the vanadium redox battery, or VRB.�

Thought this had been a mistake about USA, however last RNS confirms redT have an office there, still nothing confirmed anywhere and we never get a map of markets that says Canada or USA, wonder if that is to be confirmed, still goes to confirm they are locking in prices for supply with a confirmed order book:- �Scott McGregor, CEO of REDT, a US developer of energy storage systems based on vanadium redox flow chemistry, is not unduly concerned. �There is enough vanadium in the ground to supply terawatts of demand for energy storage,� he says, referring to deposits around the world, including Brazil, Australia and Africa. �But we are locking in prices a little bit, to flatten against any rise,� he says.�

Henwingy, I can not help but think you are being a little short in your opinions here, please do not take this personally or as an attack, however last time you actively posted was just befor the Schroders buys, good timing perhaps. Further if you have or are involved with VRB as you have said again what you are suggesting is a little short in truth, IMO of course. Firstly the cost of electrolyte is for discussion purposes 40% of total cost, what you are missing out is half that cost is Vanadium with the remainder being cost of electrolyte production that will come down in cost as we scale up. In this example then the actual cost of vanadium is say 20%, if as you suggest you are in the industry i hope you can come back with a good explanation of this for all. Further that leaves 60% costs that if we are targeting a 50% reduction and further efficiency this is a huge cost saving that will negate the increase in Vanadium prices. I would also believe likes of Schroders when purchasing a 5.42% stake in redT has a little for-thought on commodity prices, it would imo be a pretty basic check for one of their gurus, they have plenty of experts to extract that sort of information from. Final thought, there was 3 large trades today just before close of play, one is clearly a sell whilst the remaining two appear institutional buys, someone is confident.

Well those clever folk at Schroders, BS Pension Scheme appear have similar view to me, that is of course the gamble, if we are right the rewards here short term are expotential. That will do me. BTW there�s mining of vanadium around the world, many in Russia we are not aware of, some in Canada, Australia and Africa are coming online whilst China output should increase shortly, temporary closure of mines in a short supply market tend create temporary spikes. Have a good evening.

Exactly GL, more vanadium source will come online over the next few years when the big demand from VRB will come into play bringing a more stable price, it benefits neither the miners or VRB manufacturers having a high price. Also worth noting, when VRB was considered the vanadium price was much higher then it is today, it is a plentiful resource that countries such as Russia are incentivising to mine. With demand comes supply.

> I've been in the VRB and vanadium market for many years so do speak from first hand knowledge. Could you elaborate on that? How have you been involved within VRB business. Industry experts are placing faith in VRB over the next few years, I realise the share price is not reflective of where we should be, that IMO is down to a large seller who is now hopefully cleared and a lack of confirmed sales that again IMO is about to be addressed this year. Our growth has been slower then anticipated mainly due to the delayed installation of our larger project that is now complete. With regards Vanadium prices again this can be negated by rental of electrolyte, compared to lithium that has its own supply chain problems, we are price competitive today. If we take away upfront cost of electrolyte and have that part rented we will be more then cost competitive and as our ongoing maintenance is lower we should still remain more then completive on an annual basis with rental option. It is of course all a matter of opinion, all welcome. "Flow batteries draw the most optimism, with nearly half of attendees citing them as the most exciting technology for utility-scale applications. As system durations continue to grow, flow battery manufacturers are increasingly bullish on their pricing, claiming the high ground for 6-hour or longer duration and even eyeing the coveted 4-hour mark." https://www.greentechmedia.com/articles/read/the-next-five-years-in-energy-storage-according-to-500-energy-professionals#gs.6a62WJM Well worth a read.

Food for thought:- �The potential addressable market for behind the meter industrial and commercial (I&C) energy storage in the UK is in the range of 3,000 GWh total (calculated using 2016 Digest of UK Energy Statistics (DUKES) data). Making a conservative assumption of 20% take up across all I&C sites in the UK, this equates to 8 million redT tank units.� This is UK market only, assuming price of �50,000 per unit that is sales revenue of �400,000,000,000. Assume a gross profit on sales alone of 20% that is �80,000,000,000. Let�s assume we have an annual maintenance, software and trading package worth 6% of those sales this will produce an annual income of �24,000,000,000. If we get half of addressable market, you can times those figures by 2.5. This is UK market only, we have Australia, Asia, Europe and many more to follow, conservatively let us double those figures, it is colossal. Anyone get the feeling this is undervalued? A FTSE company in the making or a bargain purchase at a 5 billion or so, look at some tech stocks and what they have been sold at, nothing compares to potential we have here. Telephone numbers, realistic ones at that.

Spot on, last year held us back with our Centrica project, this year is about a new generation product and today we have a huge part of UK market unlocked for all with grants for farmers, that puts paybacks between 4-6 years, a complete no-brainer of an investment. Once we start to unleash sales in various countries that will show our worth and market will wake up to the huge potential revenues that will fall our way. This is a multi hundred billion dollar industry that we will be at the forefront of, with substantial upfront revenues upon sale with huge mounting recurring revenues, a true contender for FTSE100 listing within a short few years IMO. Quite where price ends up this year is of course exciting and unpredictable, however as large orders roll in from UK, Asia, West and East Europe, Australia, Africa etc, we will be a truely global player with GW manufacturing capacity across the globe. Recurring revenues alone could bring in hundreds of millions in revenue over time, if they get the energy trading side of things active and profitable the sky is the limit. A truely once in a lifetime investment opportunity if I have ever seen one.

We have at least two at farms:- https://gallery.mailchimp.com/5b8cb168d806f615c67752bf8/files/e819e3b4-a7d4-4d65-a57e-49f4650b224e/Case_Study_HF_UK_Agri_Service_Stacking.pdf

Closed by year end, no worries there, they just need a machine to maximise their returns. Massive news.

Big news, that should help out with converting some sales:- Grant funding has been made available to farmers in England through the government�s RDPE Countryside Productivity Scheme to increase on-farm renewable energy use by improving energy storage and distribution. Grants are worth up to 40% of the eligible costs of a project, subject to a minimum of �35,000 and maximum of �1m, and will be paid in stages in arrears once the work being claimed for is complete � although no work should commence until a grant agreement is signed. At least 60% of project costs must be covered by private sources, such as savings or a bank loan. http://www.fwi.co.uk/business/grants-available-farm-energy-storage-distribution.htm

Not seeing that sell? It appears the seller is cleared and whoever bought them is finished, we have normal trading again. Fingers crossed of course!

4kandles Understand thinking on TW however he has called some major shares correctly, mostly frauds as he likes to call them, sure not all but then he has an opinion and you can choose to read it or not. As for being a green hater that is not relevant, this is not about being green or not, that is a by product, it is all about making money or saving money that happens to be a greener option as it is more cost effective. Andrew Monk is a highly respected guy who has done some DD on this particular share, like all of us he has anticipated action happening much earlier, that is tech stocks for you, rarely go to plan. What we have tho following a delay in getting our flagship product working is a strong base to accelerate future deployements, with a world class manufacturing partner and world class associates such as Centrica. Today our price is not reflective of future sales, merely cost of development that most companies have spent well north of without achieving half of what we have. Add we have outlets and demo units across a substantial part of the globe and are one of the very few, possible only one, to have made actual commercial unsubsidised sales says IMO we are ahead of the pack. Get some orders confirmed it will prove our products offering is what I believe it is, cost saving to end user, it opens up a multi billion dollar industry that is definitely not priced in today.

Copied from Advfn, there was not me:- So VRB�s are going to happen , the final hurdle before mass roll out in my view is showing they are totally economic to the end customer and today we are at that tipping point � this is no longer a cost to go green , but a profit by going green. And of course the good news is that in this space we have a UK Quoted company and a leader in its space � RedT RedT had quite a tough year last year as things just took a little longer than expected and so the market got disappointed and also not helped by a major shareholder/director becoming seriously ill and so having to resign and sell some stock, but that is out of the way now and that was last year, this year the orders should come through thick and thin and start to gather momentum - when the happens the share price should rocket as who knows what a market leader in this space is worth � but I know plenty of Chinese groups to start with who would pay a fortune to acquire this Company !!

Good write up today about redT, you need join to read it but first 3 articles are free so no subscription required. Blanked area replace with above header without spaces;- https://www.*************.com/views/33721/the-stocks-to-buy-in-the-world-of-batteries-and-alternative-energy