Member Info for leonsix

Thanks Guys. I was looking the "CWR Share Price" page where is says "Ceres Power is listed in the FTSE All-Share, FTSE Small Cap indices." Must need updating. Anyway, new to this share & we're having a good day.

Does the current market cap make the co eligible for FT250 inclusion in the next shuffle?

Kat, I don’t think I’ve ever seen this level of what I can only describe as immaturity regarding a placing. Ilika is a start-up & the whole dramatised raise stance is quite bizarre…a fixation at best, losing the plot & freaking out perhaps better describes it.

Is a full-throated debate on if or when they might do it really necessary, every single day!? It seems most on here (including myself) are looking at/ discussing the many opportunities the company has & getting excited (oops, Kat says emotion = bad).

I am joining your camp in one aspect; wishing they would raise sooner rather than later…just so you’ll stop talking about it. But then I’m sure you’ll find some other bone to pick up & gnaw on.

Thinking about it, I don’t actually believe you’re being serious with your comments…Wind-up/attention/escaped from somewhere? Something’s not quite right..

There are the rules of origin that both the EU & UK will introduce. Chinese built cars will become a lot more expensive. Also, how can we ignore the massive focus on creating & using local supply chains, national security concerns, protection of home industries, jobs, trade balances, foreign dependencies etc. Every time I see something posted about a Chinese battery company doing X or Y, I don’t see it as relevant

Kat, although the repetition is imo unwarranted, I personally don’t mind dissenting views from you, Buzz (wherever he’s hiding these days) or anyone else. Even though the future looks very promising It’s good to have reminders that success is not certain. A 2014 RNS first stated their breakthrough in SSB’s. 12 years later here we are still hoping.

There will be a fundraise & they won’t wait until they’re down to their last £100 to do it. They’re probably waiting for confirmation of grant awards & coordinating with existing & possibly new institutional shareholders as to amounts & timing. There is little to no chance that an interim contract or licence will provide enough immediate funds to negate that. I don’t really have a problem with it because the bigger picture will be the new project, possible in defence or some other area.

I’m also not dismissive of the Brompton deal or the initial revenues from Cirtec (who incidentally have their own products & are not just wholesalers) because these are all good irons in the fire.

Generally, there’s huge potential here & hopefully we’re nearing the point where the snowball starts rolling down the hill…

A fundraise price whether in the 20’s, 30’s, 40’s is largely insignificant if this company does what we hope it will do. atb

Ah, I remember the days when literally weeks & even months would go by without a single comment on the bb. Recent volumes (even discounting the 33% of Kat repeating himself) suggests heightened interest. Just an observation…

Thanks for your investigative work & for posting the responses

….but do you have to say that every single day? At least get a thesaurus…

Great find @restorer. Well written/well balanced article. Naysayers want to talk about cash burn/runway zzzzz. No one on the planet thinks the company will go bust & a 2-3p discount on any fundraise will be insignificant if all else goes to plan.

A few other points:

1. Management have seriously looked at non EV applications, offering numerous market opportunities with the 10Ah they’ve already mastered. Provides faster routes to market/multiple potential cash streams & increases their leverage when making deals.

2. They got funding for the Brompton deal. £214k is not nothing & more broadly shows money is available for non EV related projects

This restriction on links is bizarre- directors talk interviews dot com

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https://www.***************************/ilika-gains-strategic-manufacturing-advantage-as-new-uk-battery-pilot-line-opens/4121244274

It’s not a bad RNS imo. It’s more informative showing that 6 weeks after receiving the electrode order they can produce them to the required specs. We’ll have to wait for the accounts to see what the revenue’s like.

The talk about fundraising’s a bit off. There’s a difference between having a raise for “working capital” i.e to keep the lights on vs one to meet the matched funding requirements of a new grant. They have grant applications in the works atm and the assessment process is pretty stringent in terms of defined project outcomes, timescales, collaborations and oversight.

A fundraise for a 50% grant funded project e.g to build battery packs/modules wouldn’t be a bad thing imo as it increases the breadth of their offering and it’s a step closer to commercialisation. Whether or not to partake is obviously an individual decision…

Been in this almost as long as Buzz…. [He’s always been like that 😊] Progress is slow but they do seem to dot all the I’s and cross the T’s and that gives them credibility. All imo

Which RNS? Expecting several in the next 3 months – D7, D8, Stereax product qualification, MPac installation and pretty sure there’ll be a surprise one or two coming as well. That’ll take us to June when they start sending out D7 samples and Stereax sales begin. I’m not selling anything. Way too tricky to find the right point imo

Posted on another site “ see Ilika are now an SRO on the FDA website. Meaning FDA staff are prohibited from purchasing shares.”

JohnnieW, I’m not sure anyone is saying that the Mcaps should be exactly equal. Some think IKA is more valuable. Most agree that the large disparity will/should be reduced. QS may fall, indeed it has from what $45b? Any further reductions in its sp are still likely to see them valued at many multiples of IKA.

The fact they are both in the same fields is the ultimate reasonable basis for making a comparison. How can it not be? In terms of US vs UK investor’s mentality, 12% and rising IKA shares are held by US investors. Have a look at the daily OTC volumes and various US based bb where they talk consistently about the disparity and how IKA is still under the radar.

Different strategies yes. The UK Gov’t are picking up the big ticket items for IKA. What’s not to like?

I agree. The discrepancy HAS to be “resolved”. If not soon (which it could do any day) then certainly as it becomes evident that IKA are making further progress (Stearax equipment installed, UKBIC, Stacking pouches etc) large chunks will be taken out of the gap. When it happens the sp will move & move quickly imo

Agree. Also - Extract from Ilika-Capital-Markets-Day-Presentation-Dec-2019
“BMW / Solid Power - Sulfide-based material is toxic and difficult to handle, processing equipment and package are expensive and complicated”

Tipped in telegraph money section ref AIM shares to buy right now.

Secondary Market: https://www.nexexchange.com/member?securityid=103421