Member Info for Mkx007

If they were too merge or "discuss" it we might get an appropriate valuation. Play the MM's at their own games haha.

Has anyone actually added at the above this 3p mark as everyone seems very confident (including myself) that it's be going up a lot more especially if the GGP price keeps going up. I've just take a look at SVE and they seem to be accurately valued.

SVE have 80m shares in GGP but are using a NAV to value their share price. Which means they run about 20% behind the actual market value of the shares.
Personally I think their shares in KEFI and ORCP are which some decent value.

A little bit laughable that there's a few messages on here and offer goes from 3.1p last week to 3.5p but you can only buy a little. Essentially pricing the company at GGP +25% valuation at the moment. Engage value is circa £1.5m on it's own.

Some are saying it could end up at around 15p by the end of the week. I don't see how the mcap/sp is so low. 1.7p avg price for 37 mil shares. Every 1.7p tick up should be adding £625k to our mcap. Currently at £3.75 mil total value. How does this make sense?

Flow batteries have been able to provide a lower LCOS than li-ion this was only not the case during the brief period when vanadium was expensive. The interesting metric is the LCOC - in which the li-ion batteries are dominating against gas peakers in the US or conventional generation in Europe. If the LCOC comes down as well then the tech is a no brainer

There are already requests coming in looking at next generation technology, is it flow? Is it something solid state? is it air storage?

The opportunity is there, the scalability is the factor...once production takes off then the value is virtually endless.
Li-ion output is in the order of 170 GWh annually - of which a fraction serves stationary storage. Flow batteries will have 100% of their production going to stationary storage. The opportunity is therefore in the billions, should a scalable product hit the market, which I think Avalon have in the development phase then the value is massive! Just a matter of when the product will hit the market. When it does - we'll all know about it.

I am a research analyst. My focus specifically is on alternative technologies.

What do you mean?? We have cash, we have assets, the only issue is the no investor market at the moment. Or have you completely ignored the financial impact of COVID-19??

The gold potential is very much there. Essentially if this continues, inflation builds and currency becomes worthless. Gold is the only way of hedging against that. LION/TALLY may have been early but a gold back digital currency is the way forward and I would much rather have a commodity backed currency digitised rather than going from gold --> GBP/EUR/USD --> digital currency.

That was meant to say beginning.

Professional interest - I know the energy storage market well and am just waiting for the right time to invest. I like the company and the board post merger. Just need to wait for the alignment of company potential in a growing market. That and i'm invested elsewhere for more short term gains. I have watched many flow batteries come and go and the demise of RedT is one of them...hence my cautious approach.

Manufacturers, and also developers are being to offer flexible warranties to match the application of the system. That means if you're cycling it a lot and the DoD is high then the lifetime will be much shorter compared to 1 cycle/day at a conservative DoD. No one is guaranteeing it wont happen as accidents do happen but safety is a much higher priority.

So why is it being used as such? If you can conclude through testing that a system will not be a risk if thermal runaway occurs then you can safely install a it in a building.

It's like airbags, you want to know they are going to work when they need to and in most cases completely irrelevant for the car owner however will you ever buy a car without airbags?

Flow batteries need scale for them to compete, li-ion has the scale and they are now getting all the dots on the Is and crosses on the Ts in terms of safe installation.

I just had the same at 107 - different volume though

Has everyone gone to lunch? Been a bit quiet here for the passed hour

Ridiculous...what on earth is this swing on about...

It's ridiculous, I'll be putting more money in this once i'm confident ODX and AVCT have run their course for the year. I doubt we'll be moving much even in Engage turn out to be a multi-billion £ company. I reckon the share price will only then flirt with 4p but the underlying value will be crazy. AC bonus when he sells Engage and GGP will be awesome. If he doesn't host a party after the AGM I'll be disappointed.

This is simply not true. The battery to be installed requires a permit to be installed. If the battery has passed UL 9540 A and other UL required testing as LG Chem and Samsung SDI were very quick to do to ensure continuation of sales. The system can be installed. The regulation was sweeping for all "battery" storage technologies so it's very relevant as similar limitations were place on VRFBs and with lead and li-ion which is ridiculous. Thankfully this is under consideration at the moment - potentially opening the market for companies like IES to get involved easier.

Whilst I can understand this getting priced against the GGP position. I'm not really sure how it's under 3p...Especially at these levels.

I'll sell mine...at £10 a share, any takers?

Fatbanker...thanks for referencing something from 2 years ago...
check out the UL standards that all batteries must adhere to before installations are allowed. Flow batteries have no issues getting these approved but the process is expensive.