Member Info for GBCol

There’s a stockbox interview with Dennis coming up - doesn’t actually say when but within next couple of days I would think

https://x.com/stockboxmedia/status/1824002635755659688?s=61

Some interesting tweets from Align this morning. Worth checking them out.

I get the impression that they are pushing hard for a resolution to the Hebei situation and with their 29.9% plus loans, they should have some decent influence. A reminder too that the debt owed by Hebei is still more than the current market cap!! A couple of extracts.

“The receipt of the licence to sell HMS per here cannot be understated - The Co has estimated @ $300k GP per month BEFORE last wks news of taking de facto 100% ownership incl BEE loan of $49m. Put that on a multiple of just 8 times and you get to near 2.5p per share. “

“ We are now going to press for the Co to collect HARD on the $10m debtor position due from Hebei. Expecting a material re-rate today & weeks ahead.”

For those here that don’t monitor Kazera, they have just received the NNR certificate which will enable them to start production at WHM. This is very positive news for Kazera, transformational probably.

It does make the timing of the sale by Tectonic look a bit odd. Brett was quite scathing and critical of Kazera for how they were going about getting the licence but he should probably concentrate on getting his own house in order. He has been talking the talk for a long time and is yet to deliver. I originally bought in because I was very impressed with him and the business model. I’m much less convinced now.

Tectonic have been going nowhere for the last couple of years (although to be fair nor have Kazera). Tectonic obviously want out of SA and they probably need cash too, so this deal helps them concentrate on Oz. In any case they will gain some benefit from the shares they hold if Kazera are successful moving forward with the NNR licence and HMS etc. Tectonic have fairly modest aspirations now, sadly (if I’d known that I wouldn’t have invested but it seems to be the case). Some months ago Brett was rather scathing on Kazera efforts to secure the NNR licence and the time it was taking, but clear that he had no interest in getting involved to help.

For Kazera they are clearly confident on the success these projects, particularly WHM and so the benefits are clear as their percentage of the profits is enhanced by the deal.

If all goes to plan with WHM and DBM, the deal will be good for Tectonic and great for Kazera. If it doesn’t then it will be good for Tectonic and incidental for Kazera.

Having first invested in Tectonic and then some time later in Kazera, I think that I have very little chance of getting anywhere near break even with my Tectonic holding but confident that I will make that back and more on Kazera. There is still a chance that I will lose the lot in both but for me this deal increases the chances of me getting a better return overall. That’s my take, I reckon we’ll know for sure in 3-6months.

I’m a holder in both Tectonic and Kazera. This sale makes sense and is positive for both IMO.

Well maybe people are (finally) waking up to the fact that you don’t just open a new 500MWh/year factory for the fun of it. Some of that 6GWh pipeline needs to be coming through to orders asap and odds have got to be on that happening.

A lot of those shown as sells are actually buys. I know, I have bought under 20p over last couple of days and it was shown as a sell. Incredible and frustrating that the SP is so low but hopefully results in the next week and some positive order/pipeline news will get us moving up. It’s certainly long overdue.

We get this every time there is a fundraise. So just for clarity, the holding RNSs do not mean that the Insti holders have sold, it just means they now have a small percentage of the overall number because there are now more shares in play (if the didn’t take part in the latest raise).

If you compare the new holdings with those of Mar 2023 (which i have), you will see that GSR hold exactly the same number of shares, Johnson Chang hold exactly the same number of shares, and Utilico have sold only about 200,000 of their nearly 8 million.

I think holding RNSs should be clearer but then again, it’s not too difficult to find out the info.

Doyezee, there will be well over 200 million shares being issued in less than 3 weeks at 23p, so the price isn’t going to move much from that until the placing and open offer is finalised. At that point the SP will fluctuate depending on any news that the company issue ( or as in recent times, on lack of news). Indications are that there are some large orders ready to be signed once this fund raise is complete. If that turns out to be the case, and I believe it will, then the SP should rise significantly.

Cereal-killer - basically if you currently hold shares you will get the option to buys shares at 23p in the open offer. 3 share options for every 20 shares you currently hold. You can apply for more than your allocated number of shares if you want to as “excess shares”, again at 23p each although you aren’t guaranteed to get all or any of the excess shares you apply for (depends on overall demand).

Allocations of OO options should start to be issued today.

Indeed oldbutnowisa

Yes I listened to it. As I’ve got a significant holding in Kazera (as well as the Tectonic interest) it’s disappointing that Brett thinks there is plenty of work still to do in order to get the permit. On the flip side, he acknowledges that there is a lot of potential upside once they get that and get moving, particularly when they get onto the much larger “exploration area”. That will be good for both companies. I’m hoping he is being pessimistic on the licence as Kazera have said target is to get it by end of April (which admittedly looks unlikely at this point).

Should be a bit of an update on Specimen Hill next week, probably on Monday. I believe White Energy are keen to start getting a shift on there now and make progress in the shortest possible time. Hopefully if that happens it will at least enable the SP to hold on to recent gains, although might not be enough to push it much higher at this point.

Well apparently there was an investor call earlier this week, so that may have stoked some interest. Think broker VSA have been active behind the scenes. Also could be delayed reaction to the recent results - SP should not have fallen as far as it did IMO.

Kazera SP also well up recently, so could be something moving on the licence there.

It’s written in the RNS of 8 December in black and white. Jennings retains 30million via Spreadbet.

It says they are Spreadbet on RNS of 8th December, so they definitely are but I’m not sure what the implications are.

According to the RNS last week, the 3.2% or 30million “shares” that Align/Jennings retain are financial instruments, being with Spreadbet. Not sure the implications of that or why AMS haven’t acquired them at this point but today’s RNS indicates that the deal is concluded (although slightly ambiguous), so we’ll have to see how that develops.

“Invinity Energy Systems plc Short-Term Warrants

3,903,768 have been sold since 22 September 2023.”

Hope1815, where did you get this figure and what date is it up to? As at RNS on 1 Nov, they had circa 14.4 million short term warrants outstanding. I was expecting an update to that figure on 1 Dec but it would be interesting and positive if a significant number have been converted to date.

I think toneman makes an interesting point. I think there is a reasonable chance that the likes of Schroders and some other insti investors may very well convert their warrants more or less regardless of the share price. Some private shareholders might too but SP would need to be a lot closer to 50p for me to do it - probably 45p+ which I would hope it will be anyway.

Unfortunately the (IMO unwarranted) worry about fund raising is really holding us back so need at least one strategic investor in place asap.

This could be very big indeed. Siemens Energy announce project with 160MWh battery energy storage. Although they don’t mention vanadium or Invinity, to me, this is exactly why Siemens Gamesa/Energy got involved with Invinity on Mistral

“Siemens Energy will deliver the first-ever hybrid grid stabilization and large-scale battery storage plant at Shannonbridge in Ireland.

The proven synchronous condenser technology uses a generator with a flywheel connected …the synchronous condenser provides power reserve, which instantly compensates for frequency fluctuations and strengthens the stability of the grid.

At the same time, a large-scale battery energy storage system can store or release excess renewable energy when it is needed. It provides a solution to maximize use of renewable energy, even when the wind is not blowing and with a capacity of around 160MWh the battery energy storage could supply around 9500 households with power for a full day.”

https://www.siemens-energy.com/global/en/home/press-releases/two-become-one-siemens-energy-combines-two-technologies-to-stab.html