Member Info for LuckyLuciano

https://theenergyst.com/energy-storage-why-uk-industry-isnt-going-with-the-flow/
Possibly is not only to do with cost between LiB and VRFB, above article very interesting.

Below battery technology on the other hand sound too good to be true, this company is backed by Bill Gate among other billionaires, pump and dump????
Higher density configurations can achieve >3MW/acre, how much space will be needed for 1 Gw storage? Isn't it too much?
https://www.mining.com/new-iron-air-battery-aims-to-make-multi-day-clean-energy-storage-systems-a-reality/

https://tvc-invdn-com.investing.com/data/tvc_db75ef2453ea9fd6c77b5652e472761a.png

This is the link.

https://www.investing.com/equities/ferrexpo-chart
Any thoughts...
These are long term trends but is clear how Fxpo sp tend to underperform Iron ore price on down trends and rise higher when Iron ore price is going up.

Most shares making lower lows despite good fundamentals, it seems a slow market correction going on.
Look at major miners like Rio and BHP down more than 20% in one week....
I am going to be on cash but one or two covid vaccine related shares like Valneva, Inovio and maybe will buy Novavax if it drops a bit more.
Have been trading water for the last 2 months, especially with a diversified portfolio where you win one you lose the other. Market has topped and with news of China economy slowing down is better sit down tight and wait.

..and now platinum and palladium down a lot...

Don't forget China closing major port for disruptions due to new covid variant, and China recent economic slow down data.

This post of mine is to be given careful thought please.

I have been researching and investing in the vanadium and flow battery space for a while like you.
I am sure you all agree that VRFB over Lithium Battery have a huge advantage, and yet to these days more and more money and development are for the Lithium choice. Meanwhile the world forests burn, the seas rise and the air we breath is more toxic. This is not logical and one as to wonder why is it happening, why Elon Musk Lithium battery catch fire and yet no news hit the main media, no Tesla sp drop?
Months ago I came arcos a Canadian company called Vanadium Corp, very promising Vanadium exploration mine with VRFB ambitions. It was suspended from the exchange for failing to present financial info in time, to this day is still not trading, it might restart under a new name and new owner....
I have just posted an interesting article on IES, in this article is mentioned CellCube another Canadian company very promising, guess what also this company shares are suspended. This is a company that when stopped trading was valued a mere £5millions.
Now this is my conspiracy theory....I remember how Microsoft, Apple and the like build their empire, eliminating competition via acquisition or worst via marginalization (I rather don't make more specific comments on this because I am using these companies tools and I could be easily traceable). Back to VRFB if all the money in this world and the power are in the hand of a mad man that make his living out of Lithium and considering how corrupt are politicians, what's the chances for VRFB to take off?

https://www.cleanenergyfinanceforum.com/2020/08/04/flow-batteries-special-ingredients-are-no-secret-how-they-scale-remains-mystery

Same problem here was in profit and sold at break even, f@ck the dividends. Yesterday sp going down was too much for me to bear with. Moreover because of resident majority shareholder of fxpo is clear that the PE of this miner will never match other similar companies. On iron ore it seems that the market is more affected by news flow than real fundamentals, right now lots of news on lower prices going forward hence happy to let this go.

Repression I was thinking exactly the same, and even now that Zhivago is out FXPO is still domiciled in Switzerland.
Almost a joke.

Have to agree about the bul@it on USA infrastructure spending.
But disagree on Chinese people making us rich, nobody asked them to start producing goods for the west.

China produced 12%more steel in the first half of 2021 compared to 2020, prices increased hence they decide to cut production in second half at same levels if previous year. Therefore we get a 6% increase for full 2021. Many big miners have already stated that they won't be able to meet supposed production increase and USA infrastructure spending is going to be increase demand. It seems to me that recent iron ore correction has reached a support level. There will always be strong support for Fxpo product.

I am trying to put together a petition to submit for the UK Parliament.
I would be grateful for some inputs on the matter.
Petition:
New way to calculate and apply Carbon Offsets.
Another way to reduce CO2 pollution and other environmental poisons, is to apply a costing method and tax goods produced including services.
In this way industries and commercial activities could contribute directly and fairly to the protection of the environment, passing the taxes applied by governments to consumers.
The taxes on revenues can directly contribute to environmental improvement proportionately to the damage caused by the various pollutants. Would be for governments to finance private companies that actively improve the environment.
The principle consists in assigning an economic value to global CO2 emissions for a given time period, corresponding to a specific reduction of CO2 in the atmosphere. It is also possible to integrate other chemical pollutants into this calculation. The damage caused by other chemicals that are not CO2 can be assessed separately and then incorporated into the final result. With this method is possible to eliminate distortions in value with Carbon Offset, caused by trading or arbitrary valuation that doesn't reflect the real damage to the environment.
Furthermore, through scientific research this method can be monitored and re-evaluated periodically.
The aim is to assign to every industry the direct damage caused by its activity and make it viable for governments to adopt this system.
Every citizen would be able to pay proportionately and specifically for the environmental damage, and with purchase choice be able to decide a direct contributions.
It is not a rigid structured taxation for business, companies like BMN or a solar panel producers for example, would be able to pass a lower tax to clients than one which pollute more.

On tech imo 62%Fe yesterday entered a support range any opinions...

Not trying to ramp up fxpo sp here. Just reminding that this weekend the US may pass a $1tr bill on infr. spending. One would guess it will create enough demand to support iron ore price, moreover I don't buy the buls@t that the Chinese Comunist Party is reducing steel production for environmental reasons, they have engage in world economy dominance policies since ever.

I am utterly surprised too. Iron ore price has corrected down a bit but is still double last year. Possibly a nice bounce back tomorrow and a rise to divi day. There is a lot of media coverage on iron ore price, with sensationalistic words like cratering, collapsing, etc... Playing on investors emotions the reality is that all miners around never made such a huge profits. Fxpo at 50% net profit for H1 beside no debit and great dividend. Iron ore price after recent correction still more than double since little more than a year ago. If I didn't believe in conspiracy theories I would say that the market maker today had the perfect opportunity to gather shares from panicking investors.

If is there anything to take out of these results is how remarkable this company is run. Cash cost increased is a joke, considering the difficult circumstances of first half 2020 increasing a mere 14%.
Capital investment for expansion and other items increased to $142 millions in H1 with a net profit of $661, who said Fxpo was running out of cash? Didn't expect such a big dividend pay out, it shows how confident the company is in the financials and prospect of Fxpo.
Assumed an even lower iron ore price down to $150 Fxpo will still make roughly $1billion net profit this year.

IMO the market has already digested the Iron ore price recent change, if anything there could be a due rebound. No point to micro analyse a share price in the first 25 minute of trading, even more difficult to do it today.

I wouldn't average up but down for sure.

if we add the dividend is already past 500p