Member Info for jogj99

Old article, unlikely to be current.

Anyone that can’t see that grid scale battery storage is coming is a fool. The two articles below show the World Banks commitment to it.

In a major announcement at the One Planet Summit here today, the World Bank Group committed $1 billion for a new global program to accelerate investments in battery storage for energy systems in developing and middle-income countries. The program is expected to help these countries ramp up their use of renewables – particularly wind and solar power – improve energy security, increase grid stability and expand access to electricity.

https://www.worldbank.org/en/news/press-release/2018/09/26/world-bank-group-commits-1-billion-for-battery-storage-to-ramp-up-renewable-energy-globally

State-owned electricity utility Eskom is preparing to roll out battery energy storage systems (BESS) across multiple sites as part of a replacement plan for the 100 MW Kiwano concentrated solar power (CSP) project initially approved as part of the $3.75-billion World Bank loan extended to the group in 2010.

http://www.engineeringnews.co.za/article/eskom-gearing-up-for-big-grid-scale-battery-storage-roll-out-2018-10-22/rep_id:4136

Corporate tax in SA is 28%

0.5p or 1.23% which is nice

No mention of brownfield. Why? They have either given up or have got something 8p their sleeve.

Still so very cheap.

Interesting that BMCM (BMO Capital Markets) MM haven’t come out to play today. They are sat at 36.5/43.5 neither of which are going to be tested today. Why aren’t they either buying or selling?

40p just paid.

Speaking at Business Economic Indaba, live on twitter. Currently talking about Escom needing to be sorted out as it has massive debt.

NickyP, I’m not sure when Joh. Berenberg, Gossler & Co (JBER) came on board, must be fairly recently but I’ve been a bit distracted this week. They seem to have plenty of shares to give away, they have been on the ask all morning.

Small top up of another 8,721 shares today ??

Perhaps London South East don’t like the competition of the Bushveld Perspective or could it be that a poster on here has made a complaint?

Pdub, best wishes from the four shareholders in this house. A terrible disease that has affected most here at some point, either personally or family. I am always positive after so many come through and our thoughts will be with you going forward.

Dipped my toe in here, I think the bottom of the recent rise has been found. Ange/Parsortix coud be an aim darling in the years to come. Good luck to all holding and congratulations to those holding long term, it looks like you are on tons winner.

All the best,

J

Yes, Pdub, I am also very positive. I’m still holding and haven’t sold and will continue to hold for at least the next two years. I believe in about two years time we will have the full picture of where BMN are heading and the renewables picture worldwide will be completely different to where we are now. The SP will be many multiples of the current £0.41.

As Nick would say £2 coins for 41p!

Presto, I’m trying to buy but can’t.

Chartist2, those shares you have mentioned are all much more risky than BMN as they are oil explorers/producers. I'm sure you can work out that open cast mining of an in demand commodity carries only a small element of risk.

Feels like other times when the MM have run out of shares. Just a little buying pressure may set this off.

In reality RK, I agree with the valuation which might seem pie in the sky to many but knowing what we do it is completely plausible. There will be some dilution to get to that point, hopefully not too much but even with 50% more shares we are looking at around £10 to 13.30 a share!

Sending our love to Claire!

He used to rant on about Spain and about how good a life it was. Said he used to love sitting down having a coffee watching the yachts in the harbour. I told him I love sitting on my yacht watching the people drinking coffee on the harbour. He didn’t post much after that.

Knuttie and Liz, best wishes from both my wife and I.

J

Why would anyone listen to you? You predicted the RED sp would be 64p at the end of 2018 and it is currently 4.9p.

Just in case anyone misread that it is 4.9p!

You're great at this investing malarkey, not!