Breathtaking30 Jun 2018 11:38
I have only just had a chance to read the RNS properly today. The vision and speed of action of this company is breathtaking. Lots of us bemoan the lack of talking the talk from the board. Well you can see why. They're too busy walking the walk. Lots of companies make lofty proclamations about their plans somewhere down the line, like 'vertically integrated blah blah blah' but these guys just get on with. We aren't thinking about building a VRFB, we've very nearly finished building one. We aren't thinking about producing electrolyte we will be able to actually do it in our own laboratory in a minute and the plans for full scale production are advanced in terms of technology, site and costings.
We tend to forget about Lemur but just think about it for a minute as a reflection of this companies thinking. Maybe it went something like this.
Fortune- Okay guys, we got shed loads of coal in Madagascar. What are we going to do with it?
The office goes quiet save for some shuffling of feet whilst most of the room studies their feet and avoids eye contact. Eventually the spotty lad at the back raises a hand tentatively.
'Er, we could dig it up boss?'
Fortune- ' Dig it up? Dig it up? Of course we're gonna dig it up. But then what?
The office goes quiet again. Then, a voice from the back says
'Build a power plant?'
Fortune looks incredulous.'build a power plant? Why?'
'Well we could feed the plant with the coal boss'
Fortune strokes his chin whilst considering this plan. 'Go on.'
' I dunno boss we could maybe flog the electricity?'
Fortune ' who we gonna flog it to?'
'Er, maybe the government?'
Fortune 'That works. Get it done.