Member Info for pb940

continued . . .

Not sure if this was posted yesterday. Little bit about vanadium flow batteries (thats what they called them anyway)

https://www.eco-business.com/news/battery-boom-aids-climate-change-battle/

The fastest-expanding industrial sector on the planet is now electricity storage—a battery boom which heralds an end to the need for fossil fuels.

Billions of dollars are being invested worldwide in the developing battery boom, involving research into storage techniques to use the growing surpluses of cheap renewable energy now becoming available.

Recent developments in batteries are set to sweep aside the old arguments about renewables being intermittent, dismissing any need to continue building nuclear power plants and burning fossil fuels to act as a back-up when the wind does not blow, or the sun does not shine.

Batteries as large as the average family house and controlled by digital technology are being positioned across electricity networks. They are being charged when electricity is in surplus and therefore cheap, and the power they store is resold to the grid at a higher price during peak periods.

According to Bloomberg, around US$600 billion will be invested in large-scale batteries over the next 20 years to provide back-up to the grid and power for the expected boom in electric cars.

The cost of batteries is also expected to fall by 50 per cent in the next decade, following the same pattern as the drop in cost of solar panels.

It is already financially viable for individual businesses to install batteries to buy electricity when it is cheap, so as to use it during peak periods. Two recent examples are the English premier league club Arsenal FC and a hotel in Edinburgh, the Scottish capital.

For Arsenal it makes sense to have a giant battery under its London stadium to store cheap power for use when its floodlights are needed during matches which are usually played when electricity prices are at their peak.

In Edinburgh, where there is often a surplus of wind power at night, the batteries provide cheap power for the 200-bedroom Premier Inn hotel in the morning and evening rush. In both cases the capital cost of the batteries is soon repaid in lower power costs.

Currently most large batteries are made of lithium, a relatively scarce and expensive mineral. Large investments are being made to find a way of making lithium batteries cheaper and more efficient, and the search is on for less expensive materials that can also be used to store electricity in battery form.

In Belgium, ironically on the site of a former coalmine, five large experimental batteries have been installed near Brussels to test the best technologies.

Not sure if this was posted yesterday. Little bit about vanadium flow batteries (thats what they called them anyway)

https://www.eco-business.com/news/battery-boom-aids-climate-change-battle/

The fastest-expanding industrial sector on the planet is now electricity storage—a battery boom which heralds an end to the need for fossil fuels.

Billions of dollars are being invested worldwide in the developing battery boom, involving research into storage techniques to use the growing surpluses of cheap renewable energy now becoming available.

Recent developments in batteries are set to sweep aside the old arguments about renewables being intermittent, dismissing any need to continue building nuclear power plants and burning fossil fuels to act as a back-up when the wind does not blow, or the sun does not shine.

Batteries as large as the average family house and controlled by digital technology are being positioned across electricity networks. They are being charged when electricity is in surplus and therefore cheap, and the power they store is resold to the grid at a higher price during peak periods.

According to Bloomberg, around US$600 billion will be invested in large-scale batteries over the next 20 years to provide back-up to the grid and power for the expected boom in electric cars.

The cost of batteries is also expected to fall by 50 per cent in the next decade, following the same pattern as the drop in cost of solar panels.

It is already financially viable for individual businesses to install batteries to buy electricity when it is cheap, so as to use it during peak periods. Two recent examples are the English premier league club Arsenal FC and a hotel in Edinburgh, the Scottish capital.

For Arsenal it makes sense to have a giant battery under its London stadium to store cheap power for use when its floodlights are needed during matches which are usually played when electricity prices are at their peak.

In Edinburgh, where there is often a surplus of wind power at night, the batteries provide cheap power for the 200-bedroom Premier Inn hotel in the morning and evening rush. In both cases the capital cost of the batteries is soon repaid in lower power costs.

Currently most large batteries are made of lithium, a relatively scarce and expensive mineral. Large investments are being made to find a way of making lithium batteries cheaper and more efficient, and the search is on for less expensive materials that can also be used to store electricity in battery form.

In Belgium, ironically on the site of a former coalmine, five large experimental batteries have been installed near Brussels to test the best technologies.

Best wishes with everything you're about to face pdub. Your positive mental attitude will serve you well and get you through this. I'll do what I can to defend Meyer from knuttie as much as possible while your away (well, a little bit, I've got no chance against knuttie anyway :) )

Yeah Warren Buffet you mug, your a failed trader. Said no one.

It's bad for the heart being excited for this length of time Nick :)

Don't suppose you could give Fortune a ring Nick and tell him to get a wriggle on :)

Plus these investors are desperate to invest in BMN so they should pay up like everyone else has had to.

Even our conservative broker forecasts 87p
----------------------------
Conservative based on their price assumptions and virtually all attributed to the Vametco side of the business as well pdub. Incredible really.

Showing 2 of each on the Last Trades tab on v o x m a r k e t s BMN page

2 * 200k and 2* 250k all at 41.60p

I don't know whether you saw my earlier post regarding Year on Year stock levels compared to this time last year pdub but with the V price already higher than this time last year and the stock levels so much lower it's all pointing towards higher V prices.

https://www.vanadiumprice.com/am-stats-chinese-vanadium-nitride-producers-stocks-sharply-down-by-91-9-yoy-in-dec/

According to statistics from Asian Metal Database, Chinese vanadium nitride producers’ stocks reached 50t in December 2018, up by 25% compared with 40t in November 2018 but sharply down by about 91.9% compared with 620t in December 2017.

https://www.vanadiumprice.com/am-stats-chinese-vanadium-pentoxide-flake-producers-stocks-sharply-down-by-83-2-yoy-in-dec/

According to statistics from Asian Metal Database, Chinese vanadium pentoxide flake producers’ stocks reached 200t in December 2018, up by about 17.6% compared with 170t in November 2018 but sharply down by 83.2% compared with 1,190t in December 2017.

the alps apparently

Hindsight is something that shouldn't be relied upon in investing. Does you no good and makes you start second guessing what you do. At the time based on available information indicating news prior to Christmas it was a good time to buy in.

Today based on available information about news in the pipeline it is a good time to buy in.

5 years ago when it was dropping to a penny and certain individuals were talking death spirals and the company being worthless was a great time to buy in. Obviously with hindsight, knowing where the share price is. Back then it was a nailed on sell according to some but hindsight has proved them wrong but they were right, or were they?

Who knows? Who cares? Buy in, don't buy in. But make a decision and stop pontificating on the sidelines.

Wonder if these are likely to invest in Bushveld Energy?

http://www.engineeringnews.co.za/article/investec-uk-climate-investments-kickstart-renewable-energy-vehicle-with-r1bn-2019-01-17

Investec Bank and UK Climate Investments have committed a combined R1-billion to a dedicated renewable energy investment vehicle Revego Africa Energy.

Revego Fund Managers (RFM) – a newly incorporated black-owned and managed fund manager – will be responsible for managing Revego’s investments in operating renewable energy projects in South Africa and other sub-Saharan African countries.

RFM chief investment officer Mike Meeser said in a release that South Africa and the broader sub-Saharan Africa region has a significant renewable energy market, especially since hundreds of millions of people do not have access to reliable electricity supply.

The target will be equity investments in operational projects to enable initial developers and investors to invest further in electrification, while providing investors in Revego a stable long-term yield.

UK Climate Investments MD Richard Abel commented that more than half of the world’s population currently living without access to electricity reside in sub-Saharan Africa.

“By helping to facilitate the recycling of development capital into new renewable energy projects, this green finance initiative represents an exciting opportunity to accelerate the deployment of clean generation capacity for the region.”

Revego intends to list on the JSE in the first half of the year, with a targeted initial listing size of about R2-billion, which should generate significant interest from the institutional investment community.

Investec corporate and institutional banking head Lourens van Rensburg noted that this listing would provide the investment community with access to equity investments in the renewable energy sector, which has, to date, been difficult to access.

https://www.reuters.com/article/us-safrica-energy/south-africa-aims-to-finalize-long-term-energy-plan-next-month-minister-idUSKCN1PA0IY

South Africa is aiming to finalize a long-term plan for the country’s energy mix next month, and once that is done it will launch another round of renewable energy deals, Energy Minister Jeff Radebe said on Wednesday.

“We are aiming for February,” Radebe told Reuters, when asked when the Integrated Resource Plan (IRP) would be completed. “Straight away after that we will launch more renewable energy contracts,” he added.

Sorry inner-harmony but by telling people what they can post your doing exactly the same thing.

You tell the wife what you've done when everything is above your buy in sp.

Come on man that's basic husband/wife relationship stuff. My wife didn't know about my investment until I was well in the clear.

I glossed over the being down +65% at one point as just that. 'Yeah it was down a bit but it's doing alright now. Do you want a cuppa before that Housewives program you likes on. Shall we watch it together and you can tell me all about the different women in it. Great.'

I think the 'Is everyones plan the same' I can confidently say no to.

I know it's obvious but we are all different ages, have different amount of shares and different average prices.

I would like to retire early with hopefully £1 million+ but the sp that will help me achieve that is £3+ which I think is achievable in the next 2 to 3 years (based on what we know as at today). I don't intend to hold forever though as there is no point being the richest guy in the graveyard as they say and no point in making a sum that would allow a comfortable retirement and not enjoying it.

continued . .

Last heard from when it emerged the company had fallen into difficulties, furloughing staff in the US but denying it had gone out of business, VIZN said last week that it has entered a strategic alliance with WeView Energy. WeView is a joint venture company formed by Hasen Electric, Shanghai Lingxin (controlled by Jingyi Electrical), both power conversion and switchgear equipment makers, developer Intelion and Jiangxi Lelai. WeView is working in partnership with state-owned power company PowerChina’s subsidiary, Jiangxi Electric Power Construction Corporation (PowerChina JEPCC).

WeView has taken a minority equity stake in VIZN while the two parties have formed a China licensing agreement and “mutual commitment to exclusively pursue the China utility scale storage market with ViZn technology,” VIZN said in a statement.

VIZN talked up the potential of the agreement to add the engineering, manufacturing, construction and servicing capabilities of its new local partners to the company’s push into China.

“We have been looking for game-changing technology like VIZN's for a long time. Every year, PowerChina builds gigawatts of renewable energy projects, all of which require a reliable, 20-year, energy storage solution,” WeView president Ge Yuhua said.

VIZN CEO John Lowell said his company’s flow batteries, which promise a 20-year lifetime with zero capacity fade and twice daily cycling, “is uniquely suited to support the integration of the thousands of gigawatts of new wind and solar power to be installed globally over the coming decades”.

Lowell said VIZN had gone looking for strong partners to help it move into China, which the CEO called “one of the largest markets in the world for grid-scale storage”.