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Spot on. As we’ve discussed before here, impossible to release news in increments without compromising commercial non-disclosure agreements. So when we finally get some news flow it will come as a torrent rather than as a trickle. Just my hunch, but it’s making more sense with every day of radio silence.
Unlikely to be Vanadium
https://www.google.co.uk/amp/s/www.greentechmedia.com/amp/article/Lockheed-Martin-Joins-Energy-Storage-Fray-With-Lithium-Ion-and-Flow-Batteri
Shares ISA can shelter some investment
Nah, I honestly believe 2 years will do it. Have already put my money where my mouth is.
Only reason I can see for delayed Q2 is that they will come bundled with other news - and the latter is being finalised.
Have donated. Don’t know you from Adam M but feel your pain all the same.
Homes Under The Hammer
grid support - and it's needed
https://renews.biz/62573/ofgem-orders-probe-in-wake-of-718m-grid-balancing-bill/
The case strengthens for battery storage
"Ailing state electricity utility Eskom on Tuesday resumed
planned power cuts with further outages due on Wednesday.
Eskom's struggles to power Africa's most industrialized economy
are one of the main reasons why investors are downbeat on the
growth outlook."
Not even Rich Ken would push this button ;-)
Agreed, the jigsaw of proposed development means it very difficult to release one RNS without it revealing details of work in a connected part of the business. Splurge of news likely.
Not me Alpha, just assuming the summary is, well, a summary.
Always good to read research. Though this was published back in June and so probably gathered much of its data prior to the impact of the pandemic. The world (and South Africa) has changed much since then.
fair point. Have a good evening. Here’s to the flurry of game changing RNS releases that I believe are imminent.
I agree. Though I will need to see a few more ‘strong finishes’ before I am fully convinced that the merry dance we’ve been enjoying with the market makers is over.
Here for the long term of course, like all sensible BMN holders.
hesitant to read anything into the current share price. It could be down by the same amount tomorrow for no clear reason. B
It's another 1st and last post classic.
Keep 'em coming.
Government Of Africa; Set Up Battery Energy Storage System In South Africa.
The government of the Republic of South Africa is set to construct an 80 MW/320 MWh battery energy storage system in Vredendal, Western Cape Province This is after Eskom, a state-owned electricity utility, invited expression of interest (EoI) for deployment of the facility at Skaapvlei substation The deadline for submission of the project proposals is 11 September 2020 after which following a strict selection process the successful bidder will sign a contract to design, build and commission the storage facility within a period of seven and nine months The contractor will further operate and provide maintenance services for a period of five years Upon completion, the battery energy storage system facility is intended to help manage intermittent power generated by the nearby 100 MW Sere Wind Farm Project The proposed project is a part of Eskom Investment Support Project (EISP) and Eskom Renewables Support Project (ERSP), both are funded by the World Bank through its International Bank
for Reconstruction and Development (IBRD), in conjunction with the African Develop Bank, and the New Development Bank Eskom will pay USD 415 million or its whereabouts for implementation of the BESS project, which is Phase-I of EISP and ERSP, using direct payment disbursement method as defined by the World Bank’s Disbursement Guidelines for Investment Project Financing
Project Industry:Electrical-Storages Batteries and Dry Cells
Project Cost:N.A.
Product Name: Battery and Cell
status: Announced
Type: New Unit
Stage: None
Sub Industry: Civil Works-Construction
Ownership: Central Government/Public Sector
Currency: Rs.
More than ‘wording’ favouring local sourcing/procurement; appears to be a requirement of the tender. Rightly so.
Minded to build a fantasy portfolio based just on the level of AIM troll activity. I reckon it would do well...
Lol. Looking forward to your second post.