Member Info for Electrochem

MM and YF1, agree we need the placing to complete and hopefully the SP to recover a little so any adverse chat against this does not help. Glad SG is staying in operations. New to this situation, read the RNS but do we get offered placing shares at 2p?

Meant to say 'good' probability that this can come though subject to minimum placing....

Agreed bobf. I took a punt to average down this morning (was out yesterday and missed all the action) and after again reading through the RNS still think there is a probability that this can come through. Not sure about the German deal still but if the Anglian Water deal can be eventually completed this will be a good start. Still dependant on the outcome of the placing meeting the minimum criteria. Glad that Scott is now in Operations and Neil O'Brien running the show.

Is Red now a candidate for a takeover?

Still believe in the fundamentals of REDT. BEIS must realise time shifting even by 2hrs. can make a big difference to any PV systems increasing availability markedly. Would be interesting to see how they factor in such a business case to Government calculations.

The SP will turn even on any small orders activity. Also working in a technology system business takes time and mostly weeks/months go by with little/no news so we happen to be in one of those windows now. Just relax.

Had a little top up just now (51K). Good entry level for those looking at this for the first time. GL LTH's. DYOR.

Hope that the powers at be sort out the Huawei 5G situation.

https://www.bbc.co.uk/news/technology-47482140

Put me down for 14.25p by the end of 2019. It is only a matter of time until this technology is fully recognised as a time shift enabler.

As you said Mikemine I hope the sales/marketing team are keeping busy and more good news is around the corner. It won't take much news to move this up again.

The BID/ASK seems out of date as my small 23K av. down buy is shown as a sell meaning all the others before look like buys. Naughty DMA/MM's.

On a £200M ish JV deal there are bound to be negotiation tactics on both sides and my take is this RNS is part of i3's response to 11th hour shenanagins. We may see a deal complete before the expiry date or the JV partner may request the extension. It doesn't bother me if there is an extension to be honest. Good time to top up IMO.

All the news so far has gone towards de-risking HNR which at this stage is a good thing and provides a good base to bounce off when the real revenue generating news comes.

Fatbankers scenario is solid. The leasing company takes the risk and pays the supplier upfront for usually the full capital value. By being able to time shift the energy supply/demand this should be profitable for ESM's customer and ESM themselves. The leasing (finance) company will do the due fine diligence on the German business plan. I doubt whether the finance company would have agreed to provide a proposal if they did not think they could make a profit on what would be provisional figures.

By 'bringing the finance' this means arranging third party finance and including this finance offer with the supplier's offer. It is nothing new and common in large projects. The customer may take up the supplier's finance or arrange finance themselves if needed. It is not supplier credit which is what some may have been thinking.

First of all apologies for the spelling, damn phone spell checker - should be ‘there’ not ‘their’

LoC was just an example, financing will have its own payment terms whatever they are.

First of all apologies for the spelling, damn phone spell checker - should be ‘there’ not ‘their’

LoC was just an example, financing will have its own payment terms whatever they are.

I haven’t looked at he financials yet of the customer as on hols however, in my previous Company we often offered finance which was sometimes taken up or the customer would arrange their own so I don’t see this is a big thing.

Regarding Parent Company financials, it is also common for the Parent not to trade much if at all so their financials may be small. It depends on the credit worthiness of the Customer if their is no Parent guarantee.

Have a listen to the interview TTT found below. The takeaway for me is 3mins in, where Scott confirms this project "pretty much underwrites the next two years forecast" for the Company. Anything they announce over and above this is a bonus. I know the financing has to be "closed" but this is fairly standard for this size project. The UK Company I work for in Telecoms has a very similar deal in place in Germany and we have been delivering for the past 7-8 years.

Probably means Letter of Credit or equivalent being in place.

Thanks for the link Dinoken, Like him or not, he does focus on the financial aspects of the business case and talks the language of customers and institutional money men. I still think RedT will come though and this has to be a good buy in price IMO.

Gen 3 release is a major de-risk for me. With deliveries projected for Q4 this should also have a positive impact on this years financials. What could be better.

Excellent news here - oh those of little faith. Roll on those orders.