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I am struggling to understand why there is no appetite for this company to allow us to secure financing when the likes of BHP are push ahead with a huge Canadian potash project. Their chief exec is making bold claims saying fresh supplies of potash are needed around the globe to feed a growing population and needed within the next 5 years.
I thought the tested potash we have was top notch?
Hi all,
having not looked at this share for a long time (for obvious reasons), I have a message on my share account regarding the open offer which closes tomorrow at midday.
I am yet to make my mind up on this and whether I should put (waste/flush/burn) more money in this share. In no way will my decision be made by what people say on here...
But I am curious as to what peoples thoughts are?? Have those holders got involved? Any commentary would be appreciated.
I do agree with you.
I was more alluding to his complete change in enthusiasm for reporting on PANR/or lack of in recent times. Lets hope positive news keeps trickling through. I've been here a long (LONG) time, Very happy I topped up last Friday in my ISA, sadly my average is higher in my SIPP and I am still in the red.
Looking forward to he next week or so and the results that will follow. I would however like to see a timeline from the company on what their intention are for the next 24 months.
He could not be more enthusiastic if he tried.....
I saw this also. Its changed now and looks normal....
Did anyone else see the update from BP yesterday. They have installed their first battery storage technology at a U.S. wind farm site to test the effectiveness of storing wind energy.... no need to guess who was selected..... ok ok I will give you a guess.... it wasn't us...
https://on.bp.com/2z6BdT8 link to article.
I have attempted to forget my holding here for obvious reasons for the time being, however, can someone give me an update on the storage projects/testing we have been conducting with certain partners.
thanks
'The Company is now fully focussed on delivering its technically advanced Gen 3 product across its core target segments and scaling up production via its manufacturing partners to meet 2019 and 2020 deliveries'.
As a long term holder this is what worries me.... our 'machines' are taking far too long to manufacture... Why would anyone engage with us if they cannot have their product for 12-18 months... Even more so when Musk can complete the worlds largest lithium-ion battery inside 63 days....
Before people go wild at me, I know I am comparing apples and bananas here... but you must see my point...
Raising funds is annoying but in the grand scheme of things, it is not the end of the world as we have grown our headcount and providing we have the legs to get sufficient orders and grow. I am however starting to question this.... If you were a business would you purchase something that will take 12-18 months to deliver when competitors with similar products can deliver similar solutions for cheaper and a reduced time frame???
I am really confused by you Bolgas. I’ve been here for 3 years plus and used to enjoy reading your posts. You used to be so positive on this company and could not speak highly enough of it, the prospects and the management. Now you can’t talk it down enough. What happened? Some of the points you are raising are fair points and worthy of debate, especially for those who hold here. I am finally up on this share and happy, however a placing would be catastrophic and we would be back down at under 6p. We need revenue and a positive confirmed order book so we don’t have to go to the market. Who knows what will happen.... one thing is for sure it will be interesting.
Just imagine what another positive sales RNS similar to the Anglian Water one would do to the share price…. Just saying…
This could be a real turning point for us long term holders. All very positive. Sadly I only hold these in my SIPP and never got round to buying through my ISA last month!
I’d have to agree with you. It is still however very positive news and gets our name out there - other companies will no doubt be watching and asking themselves if they are missing a trick.
What I would have liked to have seen is an estimated delivery date/projected up and running date.
I have been away from this share for a while and left my shares in the bottom draw, so I may not be completely up on everything here, but I would also like to see some positive press from our G2 machines out in the field, savings they have provided, performance - a case study if you will, to really show what we are about and what these machines can do.
Still happy with the orders though!! and lets hope for a few more over the coming weeks/months and years to come.
....”It is believed that the frac most likely went down a fracture plane into a deeper water source which was not seen on the logs and the water produced is impeding hydrocarbon production.” Has anyone seen anything like this in another company? If so what was the reaction there? Was there a solution? How did It play out?
Things could not get any worse for this share...... Ooooh no.... wait.... yes, yes they can.... what we thought was oil is in fact water. What more could possibly go wrong for this company.... aliens land? Activists on site? Wild horses set up camp? You could not make up the run of bad luck we are having here. Back to the bottom of the draw. I’ll be back in 6-9 months.
Be careful Bolgas.... people might accuse you of ramping ;)
“we look forward to updating stakeholders on our Gen 3 offering over the coming months”.... this will be interesting... watch this space I guess. Come back in 3 months....
This stinks!!! Someone mentioned it a few weeks back, but this stinks of a placement coming. Whats our current financial position? There’s no reason for a massive drop unless people really have given up on this share and are accepting their losses.
Morning all. Not sure how many people are based in London and if so read the city AM newspaper. There is an interesting article on page 10. GORE street are the worlds first listed investment fund to focus solely on energy storage and recently raised £100m. Let s hope they don’t just focus on lithium and take a look at our tech also. Either way, positive news for the sector.
Henwingy and Faramog... I see your point completely and I agree it is a question that should be asked and explored. The rising costs of Vanadium will have an impact and will push people to look at lithium ion opposed to exploring the options we have available. I did raise this point a while ago... the costs can easily be cover by raising the cost of the units (just like every other manufacturer in any other industry), therefore rising material costs are not a major concern of mine at this time. The problem here however is lithium ion - main competitor. If you can explore my previous posts you will see I posted a YouTube link to a presentation Scott gave to me and 4 colleagues in October/November 2017. Which provides a few answers. Yes the units are a source of revenue, however we will have a number of other sources coming from servicing packages, remote monitoring etc which will spread the cost. If you can’t find the link I’ll share again. People get very hot headed on these boards and personalities do clash. At the end of the day we all have (or most do) money invested here so obviously we want to see it going in the right direction. The company is not oblivious to rising costs, and I’m sure like many other companies these rising costs will be hedged some how. Yes the press may beat the drum (Tesla Australia) for Lithium ion .... but we are not aiming to compete with that tech Head to Head... the company is looking to supliment these huge schemes. It’s also worth asking the question.... how much power is being consumed by Musks batteries to run the cooling system... as we know... lithium ion does not do well in the heat.... but I know someone’s tech that does..... my opinions are mine. I enjoy reading people’s posts who raise valid questions and ask serious questions but not in a negative confrontational manner. This is after all a discussion board... for discussion ideas.. thoughts and raising these questions. Scott can be hard to get hold of... but you can get your questions answered if you really want them to be!
Henwingy.... Scott is happy to talk to anyone... so when you say face the long suffering shareholders.... your barking up the wrong tree.... From the conversations I’ve had with him and the face to face meet I believe him to be a honest man who is building a company with a great future! If you don’t believe in the company why are you here...? If you have questions and concerns contact the company...!! It’s not hard!
What your forgetting is Gen 2 is not profitable and we sell each unit at a loss. The company will not turn away orders.. so possibly the market reacting to that... Gen 3 is where the money is and where there share price for this company will explode!! Have faith!!!
Morning all!! Thank you for the great posts over the weekend, very informative. Let’s hope people really start to understand the potential here and where this company is going and the huge upside benefits our tech has. Here’s to a positive week, month and year!