Member Info for Mikemine

Certainly hope not. Even a 100% premium would be disappointing and, with Mistral imminent, all our patience would have been for nothing.

Is anybody else having trouble with this site. I keep being asked for cookie preferences when I change pages.

And he said?

Not sure they're sells DD but then again not sure they're buys either. Certainly they are chunky trades.

At $950 per test the gross margin must be pretty high. Everything is pointing to a huge uptake backed by insurance companies and Medicare etc. Everything is there it just needs implementation.

I agree Richard. A positive RNS and the SP drops. Makes perfect sense.

This RNS further cements the relationship IES is building with entities in Taiwan. They are obviously in a hurry to get lots of storage quickly in to the Taiwanese infrastructure and have a big target for 2025. I note that the units will be shopped this year with a probable commissioning Q1 2024 IMHO. These guys don't hang around and I wouldn't be surprised to see all the testing and validation done in H1 2024, just in time for Mistral to be formally launched.

I can't believe that Everdura and the National Laboratory haven't been talking and comparing notes. It's interesting that VS3 has been chosen by the National Laboratory. My reading is that they can get their hands on the units quickly, more quickly than Mistral by some way, and they need speed of evaluation and installation as part of their goal to get 27GW in to the system by 2025. That's a tight schedule.

Go and watch the video. This is going to be big IMHO.

I've been forced in to the conclusion that there are few longer term investors on AIM and it's now just a day trading playground.

Well we now know why someone bought 5 million shares recently.

RENX has lots of contracts for payment now but now the clinicians need to start using the product. They are a conservative bunch and difficult to get to use what they are not used to but the upside is that once they start using something that works they are likely to keep that as their go to treatment/investigation. You need lots of patience investing in the health sector even with a no-brainer like this.

Yes, I'm sure IES and Elemental will be able to showcase the site for future projects. It's further proof that IES is well out of the proof of concept stage and can compete on the world stage. Canada has a growing interest in renewables and is backed with a very encouraging government.

I should have added that Sunak will face an enormous backlash for his latest statement but he could still achieve the net zero target of 2050 by the freeing up of the Grid to accelerate projects.

Carrying on from the Lords enquiry, it seems that Sunak has grasped some of the situation and intends to change the existing rules which presently mean that companies that want to connect their projects to the Grid must join a queue, and it is years long. Now he wants to give the Grid the power to prioritise the more viable and important projects which will include storage. Thats the gist of this story which might be behind a paywall.

Https://www.telegraph.co.uk/business/2023/09/20/rishi-sunak-plan-free-britain-electricity-national-grid/

Altering an existing orders doesn't quite cut it for me.

Would be nice to get a meaningful RNS wouldn't it.

Many thanks BESST.

Much was said about the Capacity Market. I'm not sure that I fully understand what it is and what it's relevance is. Would someone more knowledgable help me out here.

Just read the latest newsletter and there is plenty about PR, talks etc but nothing about orders. Where are they?

It'll be interesting to see what happens on OTC this afternoon. It went up 15% yesterday.

Although Larry had to be in the New York studio for the interview, I was wondering what he was doing in the US. I think he's more or less based there and I think he lives in California but could he be negotiating another US deal? It seems that the US is becoming more and more important for IES. Just idle conjecture on my part.

He's got to be talking about the potential initial sales of Mistral, so we can see what might be happening next year when the pilots are finished/proven.