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Yes L2, that's what I was getting except it's 14.75 on 31k now.
@Sanchez I can't speak for other platforms but often find that IG will quote me a price to buy above market size even when it's NT or very few available, but always at a premium. I think that's the figure L2 often quotes.
One other rather innocuous but positive point to note about this Crux video: in the past we've always been categorised as 'Vanadium Company interviews' with the likes of Largo and AVL.
This time round Crux have listed us in 'Battery Metals' with the lithium, cobalt and nickel companies.
Maybe it's just the way that USA Vision article's presented. This version makes the photo captions much clearer:
https://unfoldtimes.com/battery-life-the-race-to-find-a-storage-solution-for-a-green-energy-future/amp/
Also now showing on Sharesmagazine:
Nov 10 2020, 16:36 12.15 2,000,000 12.50 12.75 Sell £243,000.00
Nov 10 2020, 16:01 12.375 1,000,000 12.50 12.75 Sell £123,750.00
Nov 10 2020, 16:01 12.375 1,148,400 12.50 12.75 Sell £142,114.5
Nov 10 2020, 16:01 12.375 1,343,600 12.50 12.75 Sell £166,270.5
Nov 10 2020, 15:54 12.375 4,260,078 12.50 12.75 Sell £527,184.6525
James, that might have been me. I'm still trying to keep a log of what I think are their sells since their last TR1 RNS and happy to offer my guesstimate figues should anyone be interested, however with the obvious disclaimer about second guessing and assumption.
On the 20th Oct I had them at around 1.1m. I realise I can't keep changing the rules but since then I've revised my thinking to not include anything below 250K as that does seem to have been a trademark figure of theirs since they first started selling which I think was on the 15th July.
So, being more conservative and removing any 200Ks that I'd factored in before, and allowing for the trades since the 20th, tonight that actually now leaves me with only 500K give or take.
This figure includes the round number trades of 300k, 350k, 400k and 600k that we've seen (large but non-multiples of 250k) which I assume are theirs. However, if I didn't include those it only adds another 2.3m to that figure.
After that I definitely give up.
I'd say that 600K earlier was also a sell. It looks to me like it was an amendment of yesterday's 500K sell - it has exactly the same time and date stamp, just a slightly lower price, maybe because of the larger size?
If you read the 'Team paper' attachment at the bottom on that website , quite interesting that one of their reasons for not choosing Lithium-ion is on ethical grounds - 'However, cobalt, a key metal
for producing LiBs, has records of inhumane mining conditions and the use of child labor in these
mines that have raised concern'.
Also, at the end of that document who they credit multiple times as their one of their reference sources:
'3. Mojapelo, F., Nikormarov, M. ‘Energy Storage & Vanadium Redox Flow Batteries 101’
Bushveld Minerals (2018): Available at: http://www.bushveldminerals.com/wpcontent/uploads/2018/11/Energy-Storage-Vanadium-Redox-Flow-Batteries-101.pdf'
I've been keeping a daily log of what I think could be GS sells since the 1st Sept, only including sells of 200k+ and only round numbers. See my post of 1st Oct.
Up until half an hour ago my (conservative and involving plenty of assumptions) guesstimate was that they were down to around 3.6m remaining. Now take away another 2.5m...
Entirely speculative of course.
03:23 "We think we will see a rerate of the price for reasons we CAN discuss or we CAN'T discuss". It's not that clear and his 'cans' and 'can'ts' do sound very similar. I don't think you'd say the former, so if the latter, what can't he discuss?