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Indeed @jimb. A whiff of Volvo wanting in and the sky really is the limit! ;-)

As previously highlighted, I think we are more likely to see an investment by Volvo at the 10% level than a sale at this stage, unless we are talking megabucks for an out! :-)

Indeed - feels like the pivot to WHR from boiler tech is going well. Very happy with 30kW from our compact tech.

oooh, and I missed this on my first time read: "collaboration partner"... ;-)

An interview, showing the thing off will be the icing on the cake, but sadly I suspect we are not at the publicity stage just yet. In terms of what's next. I see no timescales mentioned in the RNS, but the website continues to suggest later this year Volvo will get their hands on it for internal testing:

https://www.inspirit-energy.com/our-story/
===[
2022
Deliver product to Volvo for internal testing
Trial unit will be provided to Volvo.
]===

i.e. next news could land at any time between now and the end of year, assuming all goes well. :-)))

Indeed @oneandonly. The market was expecting a no progress update, instead we got a massive leap up from 6kW to 30kW and some very nice photos demonstrating it's not all in the mind as some seemed to suggest. lol.

Oh Wow. Just wow!

https://www.inspirit-energy.com/2022/06/26/successfull-first-build-phase-of-whr-waste-heat-recovery/

Great photos

https://www.lse.co.uk/rns/INSP/update-on-the-waste-heat-recovery-system-4vz5g0czkplqb2o.html
"This is truly ground breaking technology and the application can be applied to marine, waste heat recycling from energy generation, refrigerated transport that uses diesel engines and many more applications."

Never underestimate little 'ol INSP ;-)

I'm certainly hopeful it's not yet another false dawn, and that the Senior Vice President & CTO at Volvo Penta wouldn't have engaged with us if he didn't see promise! Personally think it's the impatience of AIM aided by the quite frankly outrageous FUD on here and elsewhere over the past few years that has weighed on the SP, though clearly not helped by the relative silence from the company: though the website overhaul last month was a pleasant surprise - hopefully in prep for THE news. Fingers crossed we manage to deliver on this game changing WHR tech we appeared to have pivoted towards:

https://www.inspirit-energy.com/our-story/
===[
During development of the Inspirit Charger we recognised that the technology behind it – waste heat recovery (WHR) – was a game changer. The possibilities for this technology are boundless and the benefits significant. It delivers scalability, flexibility and an environmentally sound future through energy innovation.
]===

Based on the small bit of our Sonora JV in the mining plan, when it is mined, and on the EV valuation inferred by the offer Ganfeng made for Sonora, I get fair value of around $15m to us. Clearly Lithium prices have increased since the offer and Ganfeng have strongly hinted at increasing mining rates, so it would be remiss of us to accept this for the bit in the mining plan, AND throw in the remainder of the JV areas without a significant sweetener/hedge against them going on to develop it, such as a royalty over these areas or the whole project. Anyway, the market current appears to be valuing Sonora at near 0 when $15m is likely the absolute minimum of its worth to us IMHO. Though I suppose there is still location risk...

BCN only owned half of Sonora at the end... ;-)

You figured what that would be yet @Dallas? ;-)

I own shares here! lol. And I've declared INSP too. Do you still own INSP @jimb, anyone else, it's an old (practically decrepit now) DL baby? Thought I'd start posting again to counter some of the incredible FUD spread over the past few years, do feel free to join me ;-)

Now available to read. Claiming average 2 directors & 2 research and development, the latter being remunerated £78,750 between them - presumably that's Paul Booker (who's not classed as a director in this context) and his minion.

https://find-and-update.company-information.service.gov.uk/company/07160673/filing-history

Indeed @Mullins. If you've done your research. Now's the time to go fish. They no nothing by the sounds of it! $16,372 a tonne. OK... ;-)

Another update. Phew! ;-)

I'm not sure what you mean @Scratch. The intention was to test over 12 months from that date and if successful then to test in a Volvo engine to confirm the results. The fact we are in the process of providing a D13 for Volvo to test internally means it was successful, though as usual with this company, and in fact many in the COVID era there have been delays. I'm personally expecting more delays (perhaps the war might have upset priorities and logistics?), but am prepared to be pleasantly surprised if the reported progress is above market expectations of nil. ;-)

@Scratch. Absolutely. Massively discounted by most due to past failures to deliver on promises related to the Charger. We pull off the pivot to WHR and strike a formal partnership with Volvo to use our tech and there'll be many a "wish I'd bought in"'s littering this board, that I'm certain of. Not me. We'll see! Hopefully soon. ;-)

Reminder:

"Product Update" (3 November 2020)
https://www.inspirit-energy.com/wp-content/uploads/2022/04/Inspirit-Energy-Holdings-Plc-Product-update-3.11.20.pdf
===[
John Gunn, Chairman, Inspirit Group PLC commented:
“We are delighted to have the opportunity to work with the team at Volvo Penta on the development of a waste heat recover system utilizing the Inspirit Sterling engine technology and the knowledge and technical expertise of our teams. We believe the technology will have applications in a wide range of other sectors including commercial and performance automotive, marine and solar and we are hopeful that this project will provide a gateway to working on future projects with the Volvo Group”
]===

Getting our affairs in order I see... Hopefully in preparation for good news - which I'm hoping the website overhaul was also in preparation for! End of our accounting year is days away. Wonder if striking a deal at the end or at the beginning is best for the company? Product update one way or another is odds on IMHO, good, bad or delaying... Fingers crossed all! ;-)

@tomcat: "Following the acquisition Hastings will have 100% interest across the entire Yangibana rare earth tenement package."

@Scratch it is very clear - a trial unit will be provided to Volvo for internal testing. Market simply doesn't realise or if it does, believe this will happen, or if it does happen, will be successful. I'm gambling it will happen and will be successful. Multibag return if so IMHO. Read the website end to end which was massively overhauled last month. Can't say we weren't told! ;-)