Member Info for Mkx007

Honestly - hydrogen is a good play but there's no money in it so the faster that gets sold on at a profit the better. very much like what some of the solar/wind developers have done. Build the asset - sell some of it for what they built it for and still having a stake in the remainder. For example 100 MW = £10m, sell 50 MW for £10m, you've got 40 MW worth £10m in your portfolio to sell or keep as you wish.

As for THAR - the LOI is here, the next steps are laid out in my opinion, just need to get those final steps out before we can break ground. At which point our 13% of a mulit billion £ project will start to materialise!

Definitely is - lots of over hang to clear...then I'm guessing that Naheed will drop an RNS. Got the cash, they've taken their 10-20% off the top but could have doubled their money...suckers!! haha

Interesting to see them sell the btc each month despite the business model being underpinned by the btc value...

Definitely to pay the taxman

Naheed has said in a previous interview that funds would not need to be raised and if they were needed, as in this case, they would be at a premium.

There is absolutely 0 point stating that the SP and mcap should be multiples (quoted 10x higher) if you're going to source funds at a discount and if you use the inflated level...A HUGE DISCOUNT. At least go to your existing shareholders first and keep it in house rather than getting the market involved...unless there is something in the pipeline that is massive and someone has bought in positioning themselves through this placing.

Something interesting happens suddenly the spread opens up, bid remains fixed.

Not really cherry picking - just analysing what they are doing.

The other RNS highlights what? 30 MW (assuming minimum duration 2 hours) to be delivered and around 100 MW "potentially" going to be sold.

So in their home market they are delivering very little. Very little in foreign markets.

If you want to buy lithium batteries from Tesla, you'll get them delivered in 2026 <--that's what a strong pipeline looks like.

Wonder why such tiny sales make the share price move so much. It's not like these are adding up into something greater at this stage.
Various companies in the UK are in the process of installing 50 MW+ sites totalling over 1 GW of capacity to be installed in the next 18-24 months - all 1 or 2 hour system.

IES are announcing a couple of hundred kWh every couple of months. When is the big 10, 20, 50 MW announcement going to drop. Indicating that there is actual faith in the technology and not just that "forecasts" are saying there is faith.

Looks like the idiots are still equating BTC and blockchain...

Anyone know how much is left?

Right to highlight the fact funding will be needed but in the same breath you've ignored the fact we've got a share of a $2bn project.

THAR is circa 13% share, of which we'll be needing to front our side of construction costs, however this should be able to be done with a debt facility rather than placing. As per the last message, there's no need to do a placing right now and Naheed believes the SP should be 10x of here so there's no way she'll dilute at 0.15p.

13% of $2bn is 260m so there is a significant upside to value for sure, even if dilution is required through to access this.

Green hydrogen, in my opinion, is a long way off - needed - but a long way away. Circa 2030 region.

At what point did I say there wouldn't be? I'm just saying very few places are building them now. It's either 1-2 hour or 4 hours.

Sorry but when did this product become world class. Massive volumes of batteries are being built globally all with 1 thing in common, they are not using flow.

Flow is positioned in the 4-12 hour battery segment able to fulfill a niche set of requirements. These aren't presenting themselves yet. If they were we'd be seeing a move towards 4 hours batteries across Europe, we're not. Over the next couple of years there will be a move from 1 to 2 hour durations. Then another couple of years for 2 to 3...etc

Ies systems sit at the 6 hour mark so there will be a bit of a wait for Flow to catch up with demand hopefully the company still exists given their cash burn and staff costs.

So you're happy with the dilution that's just happened (placing) and the whats to come from YA/Riverfort...
Interesting investing strategy - buy in and let the value disappear hoping for the future to be bright.

Typically to do with the midpoint of trades. Spread of 110.4 to 111.2 gives a midpoint of 110.8 so any trades under that prices would go down as "sells" based on that trade price.

Just looked into the financial results - looks like staff costs for 2021 were just under £9m - with total admin costs around £15m.

Whilst being poised for growth is great, if you're having to draw down funding in November via placing and now through loan sharks...Might be worth consolidating staff. Headcount of 124 and total wages at £7.6m - gives an average salary of £61k, granted it's an energy storage firm and that comes at with premium but still there's definitely room to reduce that in order to return shareholder value.

Wont see the 20s again but there'll be selling into anything in the 60s so unfortunately we'll sit in this range until the notes are converted or a massive order comes in.

Why would I - I said they had a long way to go before being profitable, the order sizes aren't big enough.

Using YA/Riverfort is stupid in my opinion!

Long way back to £2 now!

What a surprise that those attacking me for telling folks to be careful...are now the ones baffled we're at this SP level.

Keep the ramping going...let us know when you sell