Member Info for fairlysolvent

​Synthomer announced its agreement to acquire the US Eastman Chemical Company's Adhesive Resins business on October 28, 2021. The acquisition was completed on April 1, 2022. The acquired business formed a new division within Synthomer called Adhesive Technologies. The start of the downfall.

FS

Having bought in the "teens" - had been hoping for a bigger move up when good news was confirmed - as it was today. Still, I am luckier than earlier investors, I know.

I guess the market is looking to the LDES results. More waiting, more anxiety. Ho hum.

FS

Sorry, in first paragraph should read: North America, Asia Pacific and Europe.

FS

From (a longer article in) this weekend’s FT:

EQT (apparently a major global investor in renewable energy infrastructure) just announced that it had raised more than €21bn for its latest infrastructure fund ... and will invest in renewable energy ... in North America, Asia Pacific and America ... and said the fund was in talks to invest in 12 companies including “one of the largest providers of flexible generation in the form of large scale batteries” in the UK.

And interestingly the article went on to say that EQT see a lot of opportunity for renewables infrastructure, including in the USA (despite Trump).

Would Invinity have the wherewithal to be talking to these people?

FS

Theoldtrader:

Looking at the link in your first post this morning to YouTube (Invinity Energy Systems – Return to Office) and having worked in US international tech companies for many years ... I found Angie Williams (Invinity HR) - confident, intelligent, thoughtful, practical and (very important) with relevant knowledge and experience. Very impressive. If Angie is indicative of the other senior management in the Company, they have a very good team.

FS

Clive09 / Phimx

Clive09 / Phimx

I have the same experience. And I have often wondered whether this inaccuracy was understood and well known by all on this board (except me).

FS

From todays Clean Power 2030 Action Plan:

"The current Net Zero Innovation Portfolio has funded novel technologies such as liquid air and

flow battery energy storage, advancing them to demonstrator stage and catalysing

investment in them, which has enabled these innovations to be viable options for

low carbon flexible capacity by 2030 and beyond."

FS

It would appear that Janus Henderson agree with Theoldtrader

FS

Will the two key features (safety and longevity) of Endurium give it at least a niche market place? Or will the UK government get behind the product to give it time to reach scale, drive down costs, and reach a wider market? It will be an interesting time over the next few months IMO.

FS

Link is here:

https://www.gov.uk/government/publications/long-duration-electricity-storage-technical-details-of-the-scheme-and-its-operation?utm_medium=email&utm_campaign=govuk-notifications-topic&utm_source=4c64f8f5-d2de-41f6-badf-0a5d5f1fe736&utm_content=immediately

Impact on Invinity?

FS

The Oldtrader:

Speaking personally, I cut and paste the most important parts of your posts to a Word document to keep track, so I am fine. Thanks as always for the excellent work.

FS

Many thanks.

FS

Likely impact of latest US tariffs on Invinity and USA Dairyland Power Cooperative project, anyone?

Thanks

FS

Indeed good news. But before we get too excited - per Companies House, Frontier Power is a small private company with 13 employees, a share capital of £2,000 and a very limited balance sheet.

FS

Hi Phimx:

My understanding is that Invinity is not in the small battery business. I believe their market is larger battery installations.

And it appears to me that the management's strategy is to develop both the product and the business potential in parallel.

Assuming Endurium lives up to its technical specification - and with the various agreements, alliances, plans and activities in place for future growth, described by the Theoldtrader, I believe they are on the right track.

Endurium is Invinity's best in class (hopefully) product in their market place. And in the next few months (here I agree with your general point) Invinity needs positive feedback from the initial Endurium installations, confirmed by orders, to be able to move to the next phase.

It's still really a startup, I think. Fingers crossed.

FS

The link to the Department of Energy waiver referred to in Theoldtrader's post of the 6th February at 23:05 is here:

https://www.energy.gov/sites/default/files/2024-12/BABA%20WAV%202025-13%20Proposed%20Project%20Specific%20Nonavailability%20Batteries%20Dairyland%20.pdf

FS

Hi Oldtrader

Such a very very useful summary status of where we are today. Much appreciated. Thankyou.

FS

Hi Oldtrader - In reply to your question - yes I am interested. Thanks.

FS

PMC2022 - Thanks I understand now.

FS

I am a bit confused - the RNS states that the exercise price is 23p (fine) and refers to the options being in 2 tranches (fine) and a bit later it says : Tranche 1 will vest 1/3 per annum over 3 years, conditional on the Company's share price being at or above 16.0p at the time of vesting (16p when the exercise price is 23p?) and Tranche 2 will be conditional on the share price being above 100p (please, please)

However, a bit later it seems to refer to 50p for Tranche 1(???) and 100p for Tranche 2 (fine).

Have I explained my confusion on the pricing for Tranche 1? Or have I lost the plot?

FS