Member Info for Feeks

I'm with you. Short term profit is all about the salt.

7am RNS then?

£2.00 per watt? The SAF deal worked out at approx. $ 1.46 per watt and that would have been spremium pricing. 1 euro per watt was the figure stated elsewhere.

"As far as I am aware VDTK have never claimed their flex SPVs are "unique" or covered by patented IP. "

Totally agree, that's the straw-man.

"I did hear from one source that they were originally developed for the British Antarctic Survey, but have been unable to independently verify that!"

I believe this was the initiative led by Simon Thomas originally, hence the panels have some well developed capabilities. RR would probably have been able to sell them without going down that path.#

I've seen some different data sheets floating about so from that point of view I have not found it easy comparing panels but I do believe some people are overly fixated on headline efficiency %, when there are a range of factors which determine the best choice of panel , price included.

If space is not an issue as it frequently isn't with some of their key markets then VDTK does not need high performing cells, as it can just add more panels instead., as long as the price per watt is right. At a cost of 1 euro per watt as advertised it ought to be competitive in the lightweight /flexible market.

Interesting development..... Early stage revenues in prospect?

"We are very excited to announce the acquisition of the exclusive rights to this remarkable technology and we're immediately moving forward to fabricate regenerative shock absorbers for testing by leading automotive companies," says Harald Braun, Chairman & CEO of Guident.

https://effectiviology.com/straw-man-arguments-recognize-counter-use/

..... for anyone reading the nonsense being spouted by one particular individual over on the Advfn board.

Who has eaten the crisps?

That's more what I was thinking. Verditek are not competing for heavyweight microgrid business - not yet anyway. Graphene is what could change that

There is always competition catwith9lives, you know that.

Twas suggested over on ADVFN that Peru was an odd solar backwater. Au contraire:-

https://solarbuildermag.com/news/caterpillar-dealer-delivers-microgrid-power-solution-at-peruvian-copper-mine/

“Southern Peru features some of the highest photovoltaic power potential in the world, making it an ideal location for a solar microgrid system,” said Bart Myers, general manager for Caterpillar Large Electric Power Solutions. “The solution designed by Ferreyros for the Agromin La Bonita mine illustrates how Cat dealers combine technical expertise with a deep knowledge of their customers’ businesses to leverage renewable sources of energy while delivering reliable power for critical enterprise activities.”

Caterpillar involved too.

I should probably know. Who is this Dutton fella, Sheddie?

The only logic I can see, Sophie, is that the interims are nothing and meaningless, as we all knew they would be, and the company knows that good news will come out in other sales RNS. For that to be the plan you would think there must be deals being done and about to be done, so there won't be any prolonged wait for investors. If that's not the case then surely we would have seen some spin here now...? So strangely this might be a positive sign, though personally I was hugely disappointed by today's release.

Light on detail apart from news of the mining consultancy tie up

That's a promising tie up given that Bestmile is already positioned globally. Things could get interesting here again

Bananaman that is exactly what I meant. I would be delighted if it is 3MW already with 4 months of the year to run. My guess would be somewhere between 2-3 MW, but I am only guessing. Don't forget we just had holiday season (August), and Covid for that matter

No you don't RNS every order but IMO you do give investors visibility with regard to the MW orders. We need approx. 6-7MW for cash flow positive but less than that if the product is in the higher margin category. 1.5MW we know about in months 1&2. 4 months to go so it wont take much to hit the targets.

I didn't post this (Dubois did over on AVFN) but it neatly captures my own thoughts.
--------------
dubois: I have to say that I am disappointed that we have heard no further contract news. There have been a couple of RNS's that they could have tagged contract news onto. I know companies have no need to provide info about every contract they win. However, if you are not going to make these announcements, don't make out that you are going to very soon. I hope RR has learned a valuable lesson here in "don't build investors hopes up unless you can back it up,(it does prove that however good you are you can still slip up). I have no problem with the company and its progress. I hold 1% and intend holding long term.

Currently, what are people's guesstimates of MW sales. 1.5MW is all we do know about. 2MW seems reasonable. Any advances on that?

I don't suppose they will tell us in the interims but they really should do. It is vital for transparency and retaining investor confidence.

It is looking a bit flat now. We could do with seeing the interims just to spark a bit of life. Ideal combo of RNS to re-awaken interest would be interims + order news in quick succession, or the same in reverse order, spanning this week and next.

Is it coiled though...? Doesn't seem that way, more just drifting along without any clear and obvious direction