Member Info for Doyezee

Nice £50k closing cross trade at the end of the day for 36.30p. Bodes well for the open in the morning!

GLA

Don’t ask Camkite!!!!! It was in the hundreds but over the years I’ve continued to average down and now hold a hefty chunk averaged at 21p for 3/4 of my holding and 34p for the other 1/4 so in good profit but nowhere near the endgame for me yet and haven’t sold a single share!

GLA

I’d love IES to list on the Nasdaq first!!! 🤞😁

SOOOOOOOOOOO MUCH more to come and I just pray we don’t get taken out early having been invested here for 10 years but I think when it does come, companies will be fighting hand over fist to acquire IES so should command a very good premium.

GLA

PMC - and this could have a material impact on the project awards in Cap and Floor too. Not long to wait now!!

Accustomed to it Jimzi but the investing world will eventually catch on to just what IES is doing and what it’s going to become - a world class global leading company in its field with a strong and essential ‘in demand’ product globally.

GLA

Part 2:

Matt Harper, President at Invinity said:

"I'm very pleased that Invinity has again been selected to deliver the heavy-duty storage solutions required by large-scale businesses. Pacific Steel Group's mission is to prove an innovative path towards a fundamentally cleaner steel industry. We believe this project will prove that Invinity's products are second to none in making that mission a reality.

"We also greatly appreciate the support of the California Energy Commission in this project and look forward to working with them, and our growing group of California-based customers, to further plan for how our products can deliver the reliable, low-cost power Californians will demand of their future electric grid.

"Finally, all of us at Invinity are excited for how this project will accelerate plans to expand our U.S.-based manufacturing operations. Those operations will not only enhance our existing service and support capabilities, but also to deliver made-in-America products to customers in the U.S. and beyond. With numerous LDES schemes and a significant need for energy storage in the U.S. already in play, the opportunity to provide American-made vanadium flow batteries is an important next step on our journey."

RNS - Luvly jubly!

32 MWh Sale to U.S. Steel Mill

California Energy Commission-backed project will produce sustainable steel for U.S. construction industry

Invinity Energy Systems plc (AIM: IES), a leading global manufacturer of utility-grade energy storage, is pleased to announce the sale of a 32 MWh battery system to Pacific Steel Group ("PSG"), a leading reinforcing steel fabricator in the United States, for installation at their Mojave Micro Mill project (the "Mill") in Kern County, California, the first new steel mill to be built in the state in 50 years. The battery is being supported with grant funding from the California Energy Commission's LDES Program that was awarded to PSG in 2025 and, once delivered, is expected to be the largest vanadium flow battery system in North America

Collocated with a 40 MWp PV array, Invinity's battery will be used to supply on-demand, low-carbon, locally generated solar power to the Mill, which will recycle 500,000 tons of scrap metal annually to produce sustainable, seismic-grade steel rebar for the U.S. construction industry.

Invinity's vanadium flow batteries were selected for this project due to their technical, operational and safety characteristics, particularly their ability to cycle heavily to match the energy-intensive power requirements of the Mill. As part of the competitive selection process, Invinity was also able to evidence a strong project delivery track record both globally and in the USA, including a number of other California Energy Commission-funded battery projects delivered in recent years.

Project construction commenced in June 2025 and the Mill is expected to enter operation in H2 2027. Delivery of the batteries, which Invinity plans to manufacture in the USA, is expected to commence in Q1 2027, with associated revenues recognised at that point.

Pacific Steel Group is a leading independent reinforcing steel fabricator and placer with offices throughout the Western United States, with corporate offices located in San Diego, California.

Jonah Steinbuck, Director of the Energy Research & Development Division, California Energy Commission said:

"The California Energy Commission is proud to support this milestone in clean energy innovation - one that advances California's decarbonization goals while strengthening a vital domestic industry. The long-duration capabilities and versatility of Invinity's vanadium flow battery will support the operational efficiency and resilience of the steel plant, and optimize the plant's use of clean, renewable energy."

Mark Olson, VP of Mill Operations, Pacific Steel Group said:

"Pacific Steel Group is currently constructing the first steel mill to be built in California in more than 50 years. From the outset, our vision has been to develop one of the world's cleanest and most sustainable steel manufacturing

Just another moment in the ‘Mickey Mouse’ show of UK politics.

This country is broken to the core and it’s very difficult to see how it can be fixed any time soon. Full of dead wood numpties and people who love the sound of their own voice.

I haven’t voted in elections for more than 30 years as my philosophy is ‘silence speaks a 1000 words’ and one of the things that will scare any political elitist regime is when they start to ‘lose the audience’. They’re only interested in self serving and serving the elite.

Western governments do not give a damn about the ‘average Joe’ other than gifting billions to spongers and those that have been here for 5 minutes (or shouldn’t genuinely be here!) and or contribute nothing constructively to society. Such a lack of opportunity and real prosperity for the young generation.

We are all mere pawns and collateral damage in their game!

We’re a country of do-gooders that do no good. Still believe we’re the ‘mighty UK’ of the past when the rest of the world is laughing how weak, pathetic and inconsequential we’ve become on the international stage. Full of 💩!!!! Rant over!!!

Let’s hope IES may be involved with this project but regardless, it’s a huge endorsement for the energy transition that is happening and IES is in a fantastic position to be a big part of it around the world with its globally leading VRFB and expertise.

This project is very similar to the Swiss Data Centre project GW wise.

GLA

https://www.bloomberg.com/news/articles/2026-06-11/big-us-solar-and-battery-project-lines-up-3-5-billion-financing

Totally in sync with you there Panama.

Discounting everything else about GGP other than OC for a second (though that’s some discount!), I had a look at Almonty Industries which is a significant Tungsten mine operator. They have a MC of $6 billion but when you look at their financials, revenues, fcf etc. they’re nothing compared to GGP so if OC is sold off, it could be a substantial windfall for GGP.

When you further consider what we already have with Telfer and what’s still to come from it plus Havieron, I feel more confident and comfortable than ever about the future of GGP. IMHO, it’s still significantly undervalued but in time, it’s true worth will come to the fore and like you, I’m a long term investor with a very bullish hat on.

World class company, with world class assets run by a world class team.

GLA

What an opportunity to buy here before expected waves of positive news releases hit. This is AIM at its best - manipulating the SP of what will be a world class company. IES has more than proven itself and it’s quite staggering to see the SP pull back as it has given the Swiss Datacentre win and imminent positive news expected at anytime re further project wins.

I look around at other stocks and some of the rises of their SP is totally unwarranted when you look at fundamentals. In one way, that’s good for IES as it won’t be a ‘pump and dump’ story here but a company built on excellence, execution and strong growth.

GLA

Higher interest rates and energy costs for businesses also means they pay more to borrow money and keep the lights on which again does not support growth so industries and gov policy have to look at how that can be mitigated - solar, wind, batteries tick all the boxes

Completely agree FS, hence another top up for me this morning.

Interest rates seen higher for longer which will put pressure on households and bills - in particular Energy bills and Mortgages so yet another reason to invest in a sector than can significantly bring down energy costs.

Oil will also remain higher for longer which again means higher energy costs and another reason to pivot to cheaper, cleaner, more secure and stable energy sources.

Not only are IES themselves in a very positive position, the macro tailwinds strongly supports their growth in all respects IMO.

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Couldn’t sit on my hands any longer - that’s another £4500 worth in the ISA! Thank you Mr Banker!! 😁

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Confirms my post yesterday about the macro tailwinds I referred to:

Solar power surpassed coal in US electricity generation for the first time ever in a calendar month in May 2026. Data analyzed by the clean energy think tank Ember from the US Energy Information Administration (EIA) confirms a monumental structural shift in the US power grid.The Milestone by the NumbersSolar Market Share: Reached 12.8% of total US electricity generation.Coal Market Share: Dropped to 12.2% during the same period.Year-Over-Year Change: Solar generation surged by 17%, while coal power shrank by 11% compared to May of the previous year.

Key Drivers of the ShiftAI Demand: Tech companies are rushing to procure rapid, high-capacity electricity to feed the power needs of expanding artificial intelligence data centres.

Speed of Deployment: Utilities are choosing solar because it represents a cheap, affordable, and rapidly deployable source of electricity compared to building traditional power plants.

Policy Resilience: The expansion of solar capacity has continued its rapid growth trajectory despite federal policy leanings toward fossil fuels and traditional "around-the-clock" generation sources.

This monthly milestone builds upon a broader macroeconomic trend; combined wind and solar generation previously overtook coal's annual electricity output for the first time in 2024.

Many areas of the markets have dropped significantly the last week and I’d guess the recent drop is more general markets orientated and not news ‘specific’ to IES.

C&F is not gov funded. It is a framework designed to ensure companies have visibility to earn a minimum and maximum through what they can charge and balance against project/operational costs whilst also protecting the consumer:

The primary purpose of the UK Cap and Floor scheme is to unlock investment in major energy infrastructure by providing developers with revenue certainty while protecting consumers from excessive costs.

Delivered and regulated by Ofgem, this 25-year revenue framework underwrites financial risk to attract PRIVATE CAPITAL into high-upfront-cost projects.

While originally used successfully to build cross-border electricity interconnectors, the UK government expanded the scheme to support Long Duration Electricity Storage (LDES) assets like "super-batteries" and pumped hydro.

How the Mechanism Works - The scheme establishes a balanced financial bracket for project revenues:

The Floor (Investor Protection): If market revenues drop below a set minimum threshold, electricity bills top up the difference. This guarantees developers can cover their construction, operational, and debt costs even in a volatile market.

The Cap (Consumer Protection): If the project performs exceptionally well and profits exceed a maximum threshold, the surplus revenue is shared back with consumers via reduced network charges. This prevents developers from making excessive profits at the public's expense.

Key Strategic ObjectivesAccelerating Clean Power Goals: The scheme directly incentivises the building of massive infrastructure required to meet the UK’s Clean Power 2030 targets.

Balancing the Grid: LDES projects store excess energy when wind and solar power are abundant and release it during shortages. This prevents green energy from going to waste.

Enhancing Energy Security: By building robust local storage capabilities, the UK grid reduces its reliance on volatile international fossil fuel markets.

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I don’t think we’ll have to wait very long for another significant contract win to be announced by IES and sizeable leg up in the SP.

There may be an element of the C&F potential built in already but not long too wait now and favourable project wins could propel the SP up again in the very near term.

Wouldn’t want to be out of this right now!!!!

GLA

IES itself is very much in a positive Micro environment and there’s so much in the macro that serves as a strong tailwind for it too.

Nothing to worry about re what central government is or isn’t telling anyone else to do other than that they’re strongly saying ‘buy British’! Brexit backfired economically, our ‘special relationship’ with the US is not what it was so it’s time to fully focus on what the UK needs to prioritise re economic growth, jobs (1 in 5 youth unemployment), addressing national debt and defence which means developing more productivity and GDP at home and no way better to do that than in your own backyard.

GLA

Not that I wish for war and conflict anywhere in the world but the longer Middle East unrest continues for, the more it endorses the need for energy independence and security plus renewables are clean and now cheaper than fossil fuel creation!!!

The stars are truly aligned for IES and I’m very comfortable with the substantial amount I’ve invested in it which I expect to see outstanding returns on in the next 2-5 years.

GLA