Member Info for grsshaw

Very Frustrating - I think this is due a re-rate very soon. A few more buys and this should move higher this afternoon!

Great news and 1 x sale confirmed before end of the year with deposit due.

Market is absorbing all the buys, if these were all sells the price would have moved 8 to 10% lower but nothing for buying. Assuming that seller is still active in the background then …

I can’t work out if it’s ATOM value being 100% discounted or all of MEN O & G assets in Argentina, USA & Paraguay .

Another a few tick ups with ATOM today and the ATOM 28% market value held by MEN will match the total MEN MC!!!

I am hoping that this communication is accurate and that Peter updates before the end of this month with the spud date. There has been plenty of times in the past where dates are mentioned and then not achieved with no follow on update. I would prefer the under promise over delivery comms going forward please Peter!

Assuming the spud date will now be towards the end Q1 but hopefully a more specific date is confirmed by the end of this month so we work upto - the drilling areas seems to be fully prepared and ready to accept the drill so hopefully no further delays!

Let's hope we see the opposite SP action when this continued to fall with limited selling and we now see small buys move the price back up very quickly.

MEN MC £15m
ATOM MC (28%) £8m

MEN net MC £7m
Expected $40m turnover in Argentina and with a soon to be farm out funded drill in Paraguay - surely at these prices it must attract at least a few traders!!

Share price finally seems to have hit the bottom and now started to move higher.

Has the seller finally finished?

Paraguay drill could bring some new investors/traders to the party and hopefully we will find out in a few weeks time actual spud date!
USA back on line but not sure at what levels - but will help with cash flow at looking like decent prices for both O & G
Argentina - all back on line - interesting to see the numbers in Q4 at $65.
Wonder what is happening with the potential Gas field Farm-out - last mention was opening books late Q3
Green Capital - wild card this one - lets see is gets any attention!

Still very undervalued!

https://www.energy-storage.news/zinc-battery-player-eos-pushes-2022-revenue-forecast-into-next-year/

Linked to the same US Indian project - mentions IES, although a competing energy storage product.

Some of the missed numbers are eye watering!

Looking very closely at this paragraph!

'Another potentially transformative government-related development is that Eos has been invited to apply for loans from the US Department of Energy’s Loan Programs Office. The company is in the due diligence stage of the process, where it is competing for a share of US$2.5 billion funding to help progress its goal of reaching 3GWh annual production capacity'

Does this mean IES will also be looking at potentially tapping into this loan scheme?

Looking at the article they seem to be in a similar position to IES, but it highlights again the sheer size of this potential future energy storage market. Can see some large mergers/acquisitions within the next 3 to 6 months.

Sprinkler,

Yes, I have taken that into account and the numbers still look good to me - see below
Total profit for Q1, Q2 & Q3 is $16.9m
Total profit for Q1 & Q2 is $8.1m
Therefore Q3 is $8.8m - Q3 profit is higher than Q1 & Q2 combined!

Turnover
Q3. $26m
H1. $18m

Profit
Q3. $16.9m
H1 $8.1m

So profit for Q3 generated higher profit compared to the combined Q1 & Q2 performance. Plus some wells were not online during Q3. Q4 could look interesting with higher prices and all wells performing.

Profit for three months is actually higher than the current MC

Fully understand accounts are top line, but this value does not add up at all - especially when you deduct some of the ATOM value.

Bit vague on USA and Paraguay information and no mention on potential farm out for gas field but the top line numbers look very encouraging to me .

Can see IES share price moving up fast if a few buyers come in based just on the current low value MC.

Ridiculously undervalued at these levels...

Deferred shares are worthless - just been through a similar exercise with another share I hold and when I looked into it there is no value.

No adjustment in number of shares in issue so no real changes.

The way the market works is that it may take any pressure from the 'IF' they need to raise funds that they now can if the share price stays this low - which I personally don't think it will, this side of Christmas...

IES is currently a sitting duck, waiting to get taken over or a possible merger with another global battery storage company. The business being in a high focus energy sector, having very large customer contacts, competing technology with tech history/experience , onsite placed batteries/onsite testing along with a global set up/reach and extremely undervalued. Clearly this will be taken out within the next few months or into Q1 23. Weak pound also helps if buying in US $

I am in at under 45p average, so a little under water at the moment but feel this could be taken at 0.75 to 0.80 if its a merger (with opportunity to continue to be a share holder in a going concern) or over £1 for a full buy out - not great for some long termers I know!

Still waiting patiently for some more new order RNS's to be announced very soon... but as this is clearly being manipulated to the down side so Im not sure if any SP rises will be maintained!

No update via Twitter like they did last week on Puesto Flores facility.

Does this mean it's not back on line or it is and they are testing and building up the production volumes so they can report improved performance?

https://invinity.com/investors/major-shareholders/

The 7 Oct link doesn’t match IES website on 6 Oct - no changes!

https://invinity.com/cost-of-recycling-vanadium-batteries/

https://twitter.com/InvinityEnergy/status/1584560539707101185

Matt Harper speaking in Toronto, Canada this Friday

Plenty of exposure/media re flow batteries and IES not doing a bad job on that front. The flow batteries already in location that are working are really starting to work to IES advantage. This is a very good foundation to build from so I'm am looking forward to continuous news flow for new orders - hopefully, we will get another order announced very soon - maybe even this week!

https://www.energy-storage.news/ira-will-be-of-huge-value-to-us-flow-battery-maker-invinity-at-re-2022/

https://twitter.com/MolecularEn/status/1584452623855341568

Confirming all fully restarted.

Just need one for US now...

Featured in Oilman Jim weekly update today - just highlighting key information from the last RNS but assuming this is now getting some attention due to the ‘imminent’ (hate that word!) drill in Paraguay! Last mention of PPC in his updates was well over a year ago!

‘Molecular Energies (MEN) announced an operational update. The Puesto Flores facility has fully restarted and is now working up towards full production levels which is expected by the end of this weekend. The disruption has not affected the previous expectations of the Argentine business being operationally profitable in the quarter. In Louisiana, work is in progress, with full production expected imminently. Meanwhile, preparations for drilling the high impact Paraguay oil prospect progress.’

You will be okay at 34p Nova2022, I'm sure of that - you have the same luck as me when trying to time the entry trade, but as long as you turn a profit on the sell trade, that's all that matters :-)

I am hopefully for more order confirmations over the next few weeks and also confirmation that the orders in the pipeline have shipped or a shipping/delivered date certainly before the end of this year.

When that seller/s moves on, this will be a different share completely - still think there will be a takeover offer or full merger from a US company in the near future!

Good luck!