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Huge surge in demand at this time of paving products driven by homeowner market. Many producers now reporting extended leadtimes for concrete paving (paving flag, CBP) manufactured in the UK. Some paving contractors now fully booked for 2020 and only accepting installations booking in next year.

https://www.slashgear.com/what-to-expect-from-future-smartphones-batteries-06623857/

'Plenty of work is underway in lithium-ion, however, exploration is being made in graphene, silicon-based anode, solid-state electrolyte and a handful of other options, which have their advantages over lithium batteries. Samsung is ahead in the race of experimenting with phone batteries.

Graphene batteries are seen as the nearest solution to lithium-ion since these can store more energy, charge quicker and hold charge way longer than their lithium counterparts. Samsung is allegedly working on a smartphone powered by patented graphene battery technology that could allow a phone to charge fully in less than 30 minutes.

To put that into perspective, the Galaxy S20 Ultra with 5,000 mAh battery takes 60 minutes to charge 100 percent using its 45W charger. Currently the fastest charging phone, OPPO Find X2 with 4,260 mAh battery takes 39 minutes to fully charge with its 65W super VOCC 2.0 charger.

Samsung is not long and alone in the race; often considered underdog, Huawei is closing on the heels of the South Korean electronics giant. It was recently rumored that Huawei P40 would have a graphene battery. Though the 2020 variant of the smartphone doesn’t feature the said battery, it is projected to launch with one in 2021'.

"The lithium is two percent of the cell mass [in our batteries]. So it's like salt in the salad; it's a very small amount of the cell mass and a fairly small amount of the cost. But it sounds like it's big because it's called 'lithium ion,' but really, our battery should be called 'nickel graphite,' because it's mostly nickel and graphite."

Elon Musk.

CSIRO are the largest holder of patents in Australia and been researching battery technology for a few decades.

They hold numerous patents for existing battery technology and intend to continue to add more as lithium ion technology advances further. I believe they are already developing their own next generation solid state lithium battery to be sold to the market by 2025.

Thinking out aloud - the high purity graphite at Mahenge could be of a unique specification meaning any advances in lithium battery technology CSIRO gain patents for CSIRO they will want some exclusivity agreements for the graphite feedstock.

All about the patents I think. The chap I believe who will be leading the research will be Dr Adam Best at CSIRO. Contact him and ask him yourself.

https://people.csiro.au/b/a/adam-best

40p soon is a nice thought but unrealistic. That would be a £50 million MCAP. The last time REVS was a £50 mil MCAP was pre lockdown in Jan (taking into account the massive share dilution in July).

REVS won't be trading at pre lockdown levels and in the RNS 23rd July like for like sales compared to last year will won't reach as high as 80% by Dec.

The numbers do vary depending what source you quote but I believe a Tesla Model S needs about 96kg of graphite for its battery. Tesla sold 367,000 vehicles in 2019 and forecast to sell anything between 1 million to 5 million vehicles in 2025. But lets not get carried away yet.....

I'm assuming because the same Nikhil Gandi is on the Board for MPL.

REVS won't go bust. The SP decline is down to massive dilution from the fund raise, with the new shares hitting the market on Monday. The SP is now being adjusted the reflect the market value.

Last Friday the MCap was £10 mil. Today it's £20 mil so the SP will still require further adjustment.

The placing shares were introduced to the market yesterday, so the MCap has now increase from £10mil yesterday to £21 mil. There is now approx 125’017’495 shares in issue, as opposed to 50’000’000 pre the fund raise, although not showing on the dashboard.

40-50p a share post fund raise is equivalent to a MCap of £50-62.5 million.
A 40p SP pre funding , £20 million MCap, is now equivalent to 16p a share
A 50p pre funding, £25 million MCap, is now equivalent to 20p a share

I bought in when lockdown was introduced at 15p. Sold a fair chunk when the £15mill fund raise placing was announced 5th June but still have a small holding. REVS will survive and will recover but the post COVID world for the bar and restaurant trade will be very different and confidence has waned in this sector since early June when share prices for the sector in general were much higher. Have a look at Marstons, Wetherspoons etc and see for yourself.

I would say so as the share price finds the new norm with the dilution.

once out of the way - onwards and upwards.

A sign of things to come for key raw materials for lithium ion battery production.

https://finance.yahoo.com/news/glencore-agrees-deal-sell-cobalt-064708853.html

I particulary liked this: 'Tesla has begun “to engage directly with smelter and mines,” including in the DRC, on standards around ethical and responsible production, it said in a 2019 Impact Report released last week.

POSCO is a diversified Korean industrial company and the world’s fourth largest steel producer, with a market capitalisation of ~A$20 billion.

POSCO, through its speciality chemicals unit, POSCO Chemical Co Ltd, is a global participant in the LiB supply chain with dedicated manufacturing facilities for both anode and cathode materials.

In March 2020, POSCO Chemical Co Ltd committed US$178 million to a 16,000 tonne per annum synthetic graphite facility in the Pohang Blue Valley National Industrial Complex, in North Gyeongbuk Province Korea. The POSCO group also holds lithium assets in Argentina and nickel assets in Madagascar.

Black Rock has entered into a Strategic Alliance & Development Memorandum of Understanding with the POSCO Group for the development of the Mahenge Graphite Project;
• POSCO is one of the world’s largest producers of anode feedstock and a major participant in the global LiB (Lithium ion Battery) industry;
• Key terms of the Strategic Alliance & Development MOU include:
(i) Completion of a Due Diligence period of up to 90 days to support the negotiation and entry
into a two-phase binding Investment Agreement;
(ii) Phase 1 – POSCO is to subscribe up to US$10m for either shares and/or convertible notes in Black Rock, with the funds to be applied to works including:
(a) an early works program, including completion of all engineering and design; and
(b) provision of all-weather site access;
(iii) Phase 2 – POSCO may make a second investment of an amount yet to be determined, with funds to be applied to works including project construction, by way of:
(a) subscribingforadditionalsharesinBlackRockortakinganinterestinMahenge Resources Limited, (100% subsidiary of Black Rock and owner of Mahenge Graphite Project); and/or
(b) obtaining the offtake rights for up to 100% of a sub #100 mesh concentrate (~40,000 tpa2) from Mahenge Module One.

https://www.asx.com.au/asxpdf/20200609/pdf/44jh3tw0w56jxn.pdf

Absolutely - I wouldn't be buying over the coming days as this will retrace once all those new shares are dumped on the market and the SP finds its new equilibrium.

This will be heading sub 20p.

Good analysis Bigbaddaz - huge dilution for existing shareholders and feel for those who bought in on the recent rise.

I bought in at 15p after lockdown was introduced and that now doesn't look good value in the near term. Took profits after the recent rise and sold more today after today's dilution annoucement. Keeping the a small holding for long term sentiment as I do like the brand.

Revs will recover long term but don't expect the SP to anywhere the same levels pre COVID.

So I see ACP neighbours in Mahenge - Black Rock Mining have had their trading suspension on ASX extended until Monday 8th June pending an announcement by Black Rock entering 'into a strategic alliance and development agreement'.

Can't be a coincidence there is a minor delay in ACPs updated DFS?

https://miningmaven.com/company-news/59-armadale-capital/1037-are-investors-missing-a-massive-buy-at-armadale-capital-as-dfs-confirms-its-project-s-world-class-potential-acp

They love an intraday RNS so hold tight today for news of the upgrade.

Ultimately, we know news re the updated DFS should land sometime late next week. So no surprise traders are selling now. They will try and make 10% elsewhere and probably hope to buy back in next week.

We may not see much movement this week but I expect to seeing big buying pressure building next week ready for the updated DFS. So if you can I would certainly use this week to top up.

Yes I agree, no point given RBG any consideration until much later in the year once social distancing rules are relaxed and they can open and operate as normal. I very much doubt they will want to open under social distancing rules - increasing their operating costs for little return. Social distancing cannot work under their business model.

As it says their corporate website:

'Revolution’s primary customer focus is on 18–25 year olds who are looking for a fun and party atmosphere. During the daytime, the brand’s focus on food has a broader appeal'.

For that you need footfall and 18-25 year olds with a disposable income. So let's hope they still have jobs to go back to and/or bank of mum and dad is still in credit.