RE: Smart Systems and Flexibility plan21 Jul 2021 14:32
My point being the VRFB market will be absolutely huge in double quick time. I know we are just through the starting gate but our valuation is exceptionally cheap now that the pieces are starting to fall in to place.
Siemens Gamesa as a partner Dalian VRFB in China Bushveld Electrolyte plant coming along nicely
Smart Systems and Flexibility plan20 Jul 2021 15:58
Our #FlowBattery technology has been profiled in the UK Government's Smart Systems and Flexibility plan published today. Deploying long duration, high utilisation #EnergyStorage technologies at scale is key to reaching #NetZero. Read more below:
This is great, couple that with our partnership with Siemens Gamesa and over 5GW of BESS planning applications going through the system in Scotland alone since 2018 (I have been through every planning application in Scotland) , Invinty are really are on the cusp.
If ITM are worth over £2Bn why are we worth less than £100m?
@sammy58 You obviously weren't around in 1994. I was working in Jo'burg back then on the JSE for one of the major brokers, it felt a bit like being Nero whilst Rome burned. Madagascar in the early 2000s when the local Malagasy would burn down a whole Indian suburb when they thought they were getting a little too big for their boots. This is Africa and can be very frustrating.
I'm working on the theory that the company knew that 2020 was not going to be good (for understandable reasons (V price, Covid, machinery downtime etc) and any positive comms would be overshadowed by the results. I'massuming they have thrown every piece of bad possible and erred on the side of caution for 2021 (re output etc) then when the good news starts to flow we get a virtuous circle.
The problem Lithium has is in the rush for greater capacity coupled with Cobalt being seen as a a conflict metal they are changing the chemistry of Lithium batteries with less Cobalt and more Manganese and from my understanding Lithium batteries are now more unstable. Couple that with limited life span of Lithium batteries, VRFB are the way forward.
How much of price rise in Vanadium VRFB can withstand I do not know, but leasing should help.
As for other battery technologies of course we need to keep an eye on them but I don't see much evidence of them gaining traction just yet.
If you decide to judge all companies still in the throes of a pandemic you will always be disappointed. The BOD is keeping their heads down and hopefully getting all the and news out with the the 2020 results.
I guess this the perfect opportunity for the derampers to go to work but for the rest of us we just need to look forward to when Covid recedes and the world can recover BMN will be in a great place to capitalise.
Keep the faith and be ready to buy on any dips created by the derampers. My limit order is in ready to go (which I hope isn't triggered)
Jeez it took us three months to get steel sheeting and timber for a new roof for our outbuildings. Construction materials are in really short supply and prices are through the roof. Our roofer friend had to drive a 600 mile round trip to collect slates from Thurso last month as he couldn't get any. If it is bad here imagine what it is like in SA!