Member Info for gspanner

MKx,

You raise a reasonable point; that the truly enormous orders will come when grid storage with Vanadium becomes the norm… But when that happens the SP is likely to be multiples of where it is today. Life changing investment returns come from being in at the beginning (I am always too early!).

I am reassured that opportunities exist for grid storage type projects on the 4 continents that IES currently has 10-15MWh and single digit feasibility projects in those areas. Lithium has a different role in the grid(I assume you understand that), different safety/maintenance/recycling and probably most important different investment profile which has held it back.

These issues are subtly changing in Vanadium’s favour. Environmental subsidy and should also follow and may also provide the massive investment boost. (though that would require political imagination/bravery which seems in short supply).

I tipped the price up with a bit of 13500…

So this is great in terms of potential as commented. The number of ‘feasibility’ projects are now almost too many to remember… Orkney, Europe, Taiwan, Lodes, etc…. As well as good sized projects; Oxford, Australia, Canada, N America…

There remains another 8-10MWh form the ‘base’ category that may drop at any time… Though if rolls over to early 2023 I don’t think we can be too critical.

Manufacturing multiple units I suspect is less of a problem since they are contracted out to a big Chinese company. I wonder whether a second ?N american? manufacturing site may be a good idea (especially for the ‘inflation reduction’ grants) given the bizarre ‘zero covid’ policy and the way that may impact delivery. IES have hinted they are on it.

I suspect expertise/snagging each project (i.e. personnel) is more of an issue now, perhaps mitigated a bit by remote working, but looking like a much bigger (trained) workforce will be needed to deliver these orders, may take some time to sort….

All in all it’s amazing how a few months can transform a company and its prospects.

That’s punch through!

You never know, might just ouch through… Good vols anyhow….

And Draper isn’t a terribly experienced CEO… But he has learnt on the job and surrounded himself with people who actually really do know their ****. I would assume he has learnt a lot from them and it says something about the man that he doesn’t want to be surrounded by duffers and sycophants.

Very well thought out Shaky.

I would add that all successful AIM companies have MDs who have lied a bit. Got to get the funding. got to get to the inflection point where your baby finally takes off. What you have to avoid is incompetence… I mean ITM built a factory to manufacture electrolysers that had the wrong power supply so was completely redundant ffs. And yet has been a company worth several billions….
Draper head learnt and now has his ducks in a row.
Shareholders who bought before that was clear only have themselves to blame. But of course it’s easier to blame someone else…..

Ha Jinx PI!

Well I’m still interested in those trades above the offer at the eod… Significantly less today as the selling volume has decreased.

Agreed to some extent Mike - but Invinity are careful to point out with each new confirmed order that a deposit is paid. Unlikely to be the full cost of raw materials , but certainly some of the cost.

I would agree Serge.

On the assumption the second Taiwan order of 15MWh went straight from advanced to signed, there should be another 10MWh close I hope to being announced…

Really? Nice piece of cognitive dissonance DS when they are above the ask all day!

It’s the further 11MWh that may drop before year end that’s keeping me interested… Though if it didn’t in all honesty I could really complain given the Taiwan news already.

Also the Taiwan news suggests further pleasant surprises!

Know the figures

I must say Tradevol, I wouldn’t be surprised if you were right…. Please understand I have plenty invested so hope you are not. £6.5m still represents very significant compound growth. I would actually prefer this lower figure if costs are also controlled (not so much tightly controlled but not expanding as fast as the turnover). I’m not so sure expansion/land grab at any cost is a great look at the moment. It’s the forward statements that remain critical; there is obviously a lot of activity, if they could make some forward projection confirming 2-300% revenue growth half on half and exponential reach improvements the SP looks far too low.

We’ll see - if it’s all billed electronically they will no the figures today!

Beard I don’t know if you noticed bit U.K. tech has been undervalued for decades before Brexit…

Cricket Manager likely to be popular in India I would have thought…. Soon to be the most populous country in the world… All with mobiles!

Back to the ridiculous spread again then to put off buyers….

But surely Bottmz it the MDs fault I invested too early before the real potential was known… He absolutely promised me there would be instant riches without having to do any work at all!

twib, accepting your question was somewhat rhetorical in nature, IES is clearly much further down the line to commercial success than it was when the sp was 200+.

Of course there has been dilution down the way, so the sp will reflect that. Having said that however if the tech really is taking off this has exponential written all over it. (ramp acknowledged - but I am heavily invested.)

Now the warrants may become relevant to look after any further funding (anyone making some profit on them deserves it!)