We would love to hear your thoughts about our site and services, please take our survey here.
Yes it is Alfa.
Is there no limit to your breadth of knowledge?
DFD
On my daily walk this morning I passed by some newly started groundworks for battery storage adjacent to a regional electricity sub station.
Good news....
The battery storage replaces a planned gas turbine installation which was withdrawn following significant local objection.
Bad news...
Iâm fairly certain they will be Lithium batteries.
Good news
The local fire station is less than a mile away should it be required!
DFD
Thought Iâd check the board one last time before lights out and saw your post Libero.
Brilliant! How am I supposed to sleep now eh?
Cheers DFD
Last week the Chinese provided a multi billion loan to bale out Eskom. Now most loans require some surety or guarantor in case the loan is not repaid. Someone on this B.B. suggested they might be interested in accessing Mokopane Vanadium. Yesterday the mining right was granted.
Coincidence?
DFD
I too am frustrated but what can I do but wait. The current SP represents a real loss for me not just lower gains so itâs not realistic to cash in. FM & Co have a strategy and have delivered so far and I am confident they will continue to deliver. By nature I am not known for my patience, so this is âcharacter buildingâ for me. I will wait, but that doesnât stop me checking the B.B. and SP n times a day
DFD
I read the board daily and today has been a pleasure. Thanks RK for kicking it off. Still underwater, still holding and confident in the future. Thanks to all the regulars for sharing their knowledge and opinions.
Numpty5 - brilliant! I donât know what youâre drinking but I want some for Christmas
Cheers
DFD
To BE or not To BE, that is the question!
Like many I followed yesterdayâs events with interest, trying to understand what was going on. I was intrigued by AdamPâs comments so read through his posting history. My interpretation of his view is that there is no tame seller but simply MMâs actively shorting, which thanks to AIM regulations they can do undisclosed. He has had similar dialogue with other BBâs also concerned about tame sellers. The MM process seems to be to drop the bid with 30/50K sells, skew the spread to make buys look like sells, creating a negative sentiment. They then walk the price down to buy back the shorted stock. At the low they block genuine buyers until they have fulfilled their need. âWill take loads but NT to buyâ sound familiar? Since they now have the shares back there is no price pressure to raise. Rinse and repeat! So why are they doing this? Is it simply because they can â making money off back of PIs; retaliation perhaps for the SP manipulation complaint sent to FCA and they want to show whoâs in charge; or simply to recover their position from overselling in the rise last year as demonstrated by Alfaâs excellent daily analysis?
It would appear we are stuck in this slow decline thanks to shorting until sufficient new demand for shares arises. I invested heavily (for me) in the 30âs & 40âs so significantly underwater. Still holding but concerned as to when I can expect to break even.
Re the RNSâs it appears to my simple view to be nothing more than internal transfers similar to us and our families, so would have had little effect on SP. My question is why do this â corporate housekeeping, and why declare now? Is this a precursor to further developments? Thoughts?
For the record I do not know Adam, nor am I an avatar or troll, simply a concerned PI wanting to sleep more easily at night.
DFD
Anyone else just see the article about energy storage on a Cornish Farm? The farmer talked about a liquid energy storage device that never degrades, stating âitâs not a batteryâ! Sound familiar? Vanadium wasnât mentioned but he happened to be wearing a jacket with RedT logo.
Awareness of renewables is taking hold.
1st time post but I wanted to second Rosconâs comments. Although still below breakeven I was never tempted to bail thanks to all the excellent resreach freely shared on this B.B. My thanks to all the regulars.
I have been holding and adding for 2 years and sorry not to have any spare funds to take advantage of the drop.
Here for the long term and looking forward to seeing the story unfold.
DFD