Member Info for CarefulBunny

You might also try Independent Investor (ii.co.uk. Or ii.com). I’ve found them perfectly efficient.

I can understand a reversal of a direction (Upwards to downward, or downwards to upwards) but how can a number like 3.4 reverse?
Obviously I don't understand the jargon you are using.

As a background, I understand California is having blackouts (ie shutdowns) as they don't have enough storage.
Another reason the future for this company could be bright. (Though of course a great market can only be penetrated if you have the products ready and effective sales people.)
The Board looked competent to me.

Agreed. Everything takes longer than you think it will ...

Mentioned on 148 lines out of the 1600-odd lines in the spreadsheet. That's not negligible. For IES it's early days...

I was impressed by AGM. Serious people who know what they're doing, was my judgement.

By the way, I was the small shareholder who voted against accepting the accounts, and this was purely because in general with all accounts I come across (not that many, I am aware) I have two problems:
a) they seem to be by accountants and for accountant, so don't do what they should do ("give an account" - in reasonably simple English)
b) often they do not do what I have come to expect from, e.g. the Guardian newspaper, i.e. list the corrections. It is unlikely the company's draft accounts were actually perfection every detail, and I would be happier if there were a few notes (e.g. "the draft accounts have been amended to corrected the additional zero on line 32, p 94") If there were, I didn't see any.
My vote was not a judgement on the performance of the company, and there is no inside knowledge lurking behind it.

Any ideas why the resignation ?

The news on the climate change front is looking catastrophic within twenty years or so. See a recent book "Our Last Warning". Already things are happening now that were supposed to happen in 2070. We've been picking blackberries in Liverpool in July - that used to be a September thing. In Venezuela labourers in the sun are already suffering liver damage from the heat. 38 degrees above the Arctic circle. If the powers that be begin to realise that a whole new tropical uninhabitable zone is emerging that will make any migration issues hitherto look insignificant by comparison, they may press on the accelerator and jump-start technology of the kind being developed by PHE with significant investment. This thing has to happen.
The "largely positive" article in the Financial Review (see below) warned that PHE is high risk as it's a micro-cap: anyone got any idea what the most significant remaining risks are? Most seem to be mitigated, but there was a worrying note that so far they haven't produced any hydrogen and the problems of warping the container at 1250 degrees haven't been solved? Can that be so, given Peel are, presumably, wise people?

I think they are getting their Vanadium from a company called Bushveldt, initially anyway, though there are evidently many sources.

Hydrogen is big advantage, surely

Why is the share price going down?How far is it going to go down before it goes up?How much cash do they have to burn and how long will last?

I have been to a shareholders' meeting (not the most recent one though) and seen a few videos. REDT is a serious company working hard and effectively, and I was impressed. They are not cutting corners, and they are minimising risks. Agree about the lack of Gen 3 orders, the lack of Mega news, even the lileliness of a fundraise, but what project ever slipped to the left?

I'm going. Anyone have any questions they'd like put?