focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Morgo444's non-techincal post was crowded out so I repeat it...... " to those who post on this thread asking 'How, why, when'. Just back off you festering boils of limpets! People with less time on their hands to continuously watch and investigate every move of Flow have invested here. Decisions to invest based on great newspaper reviews back in 2013/14, frequent product updates, business partner updates, alternative income/product flows, local north west television exposure, board share buys, very believable YouTube vids and other media hypes. Speculators like myself are sore - yes money sore is the main ailment but whats really ******* me off is the relentless 'I told you so's '. As if we arent aware our decision to hang on in there hasn't caused mayhem in our lives in one way or another. I feel violated like a house burglary but theres feck all I can do, like leaving the house keys in the door and making the uninvited guests a cuppa whilst showing them the loot!. My gorgeous wife who, god knows how or why, still likes me after throwing away a vast amount on these charlatans has just arrived home after a girls night out. I'm going to give her my full attentions whilst you clever fekkers continue to live in the ever enlightening world of hindsight. For those who've lost well earned cash, you know who you are, Graham from Wales etc, the founders of many a Flow and Energetix post. Chin up and tits out - we go again!..... maybe not in this game but we go again... anyone for a car boot sale? "
CONCLUSION EA Technology believes that, based on the information provided by Energetix and its own background knowledge and experience, the Energetix mCHP Unit represents a credible contender in the embryonic micro-CHP market and, as such, ranks alongside the various Stirling Engine and fuel cell developments. Yours faithfully EA TECHNOLOGY LIMITED ....from the beginning of the report..... The contents of the AIM admission document dated 9 August 2006, in which this Technical Report is included, are the responsibility of the Directors of the Company. This Technical Report is limited specifically to the matters set out above and EA Technology is not advising on the merits of an investment in Energetix. EA Technology does not express any opinion as to Energetix�s ownership or of rights to use Intellectual Property (if any) nor on any aspect of Energetix�s financial record or future financial prospects or performance. The present document represents the principal findings from the performance of the independent technical review of Energetix�s ORC micro-CHP technology. The technical review was performed over the timescale 9 to 31 May 2006 and is based principally on a number of meetings with the Company, complementary telephone dialogue and correspondence and selected background desk research. In the course of this work, EA Technology has reviewed design information, inspected equipment, witnessed demonstrations and reviewed plans. EA Technology has no reason to doubt the veracity of the information gathered, but unless otherwise indicated, has undertaken no additional work to establish the reliability of the information provided, via reference to evidence independent of Energetix itself. Well if you are interested in this report written in August 2006 it would be best to read back from the beginning. At that time Energetic had a team of ten engineers/scientists and two commercial directors also capable. EA technology was used initially for the Genlec unit as the company started of on AIM - it made no further reports on the later Flow boiler............
Energetix has demonstrably established itself as one of a number of developers of micro-CHP systems for the European market, with the Organic Rankine Cycle technology representing one of the three principal developmental technologies at the present time, alongside Stirling engine and fuel cell systems. Although early stage market development and demonstration programmes are being pursued in relation to a number of these systems, it is somewhat premature to identify any fundamental competitive advantage in relation to any of the systems available at the present time. Whilst the Energetix mCHP Unit is likely to be initially somewhat more suitable to properties with higher heating demands, this represents a significant market and, within this sector, the unit has the potential to offer a low manufacturing cost option for a micro-CHP unit. The overall commercial success of any particular technology in the embryonic UK and European micro-CHP markets is however likely to be influenced by a combination of factors, including the technical merits of the technology concerned, the strength of the commercial relationships formed with appropriate boiler manufacturer and energy supply company partners, their associated distribution channels and the overall market demand for such systems, facilitated, at least in the early stages of market development, by fiscal and promotional incentives. - the ultimate commercial success of the Energetix mCHP system will be dependent upon the Company�s ability to translate the pre-series units into a reliable, durable, certificated and fully cost competitive product. Although no fundamental problems are envisaged here, the challenges associated with these future stages of product development must be recognised. MERITS The principal merits associated with the Energetix mCHP developmental programme are assessed as follows: - the Company�s ORC system has the potential to provide boiler manufacturers and other interested parties with a relatively low production cost entr�e into the micro-CHP market, potentially having clear advantages in terms of capital cost, simplicity, and reliability. -the Company has achieved a demonstrable ability in relation to the systematic development of the ORC system for the micro-CHP market and has a similarly well developed knowledge of the principal applications issues. - the Company has succeeded in establishing itself as one of a relatively small number of emerging microCHP systems developers in a fast moving and embryonic market. - the Energetix ORC system is favourably positioned to capture market share in what is anticipated to be a rapidly expanding market for micro-CHP systems, particularly in relation to the potential for such systems in houses with higher heating demands.
Applications Related and Business Development Issues - EA Technology noted Energetix�s projected manufacturing and production cost breakdowns for the mCHP unit. These are based on the use of standard components throughout, with the exception of the custom electronics module and the casing for the unit. The manufacturing and production cost projections would appear to show that, in volume production, the marginal installed cost to the customer, over and above that of a high efficiency condensing boiler, could be of the order of �600. - the applications potential for the Energetix mCHP unit was reviewed in relation to the UK central heating boiler replacement market. The review showed that, at its 10:1 target Heat to Power ratio, the Energetix mCHP Unit is likely to be an attractive proposition for households with heating demands in excess of 22,000 kWh per annum. This represents an estimated UK market entry potential of several million households. -Energetix states that its micro-CHP market entry strategy is to partner with one or more of the main central heating boiler manufacturers. The Company notes that the European boiler market is worth in excess of �8 billion per annum, with the UK representing the largest market by volume, accounting for some 25 per cent. of unit sales. EA Technology has corroborated such market information by reference to independent sources. Energetix further notes the publication of the recent SBGI (Society of British Gas Industries) update report on micro-CHP, which predicts UK micro-CHP sales volumes of 117,000 units per annum in year 2010, increasing to 540,000 per annum in 2015 and 938,000 per annum in 2020. ● The Company envisages that it will develop and supply its mCHP Units to one or more partner boiler manufacturer(s), with the latter then packaging these into the complete finished product, for their onward sale through established distribution channels. The Company is presently in receipt of a proposal from a prominent boiler manufacturer in relation to them being the first of such boiler manufacturer partner organisations. Based upon its background knowledge and experience in relation to micro-CHP developments, EA Technology generally supports the Company�s views in relation to both overall magnitude of the European central heating boiler market and of the associated market potential for microCHP systems. EA Technology further notes that many of the leading European domestic boiler manufacturers are pursuing micro-CHP developmental activities of one form or another, in collaboration with particular technology developers and suppliers.
Reliability and longevity are seen by the development team as key issues to the success of the Energetix mCHP Unit. The philosophy adopted is to ensure that there are no serviceable parts within the ORC module. Any failure of the module (vacuum loss), or within the ORC cycle, would result in the service engineer simply exchanging the old ORC module for a new one. Clearly it is desirable to achieve an ORC module lifetime equivalent to the 10 to 15 years expected life of a modern boiler, requiring 30,000 to 50,000 hours of running and a similar number of stop / starts. Units have presently achieved circa 1,000 hours of operation, with no adverse failure or wear effects reported. The Company plans to conduct various extended run time and accelerated life tests, for all the principal components and modules. - Safety and product certification issues represent another of the key development issues associated with the Energetix mCHP Unit. The Company has therefore sought professional advice from recognised experts in these areas. The potential issues associated with the use of an indirectly fired hydrocarbon working fluid have been identified, including the risk associated with the loss of the hydrocarbon into the ORC containment vessel. Testing is planned here, in order to determine the necessary design rating for the unit�s casing. The satisfactory achievement of CE marking will represent a key milestone in the unit�s further development and an essential pre-requisite of future field trial demonstrations and product development. Energetix has therefore identified the measures that need to be addressed to achieve this, including the demonstration of conformity with the various European Union Directives. - The performance and operation of a prototypical Energetix mCHP Unit was witnessed on 11 May 2006. The unit demonstrated was operating with the HFC working fluid. The rig was well instrumented with a sensible choice of measurement techniques. Data logging was via a PC giving a visual mimic diagram of the system and its operating parameters. During the witness test on the HFC rig, pressures were chosen to be similar to those that would occur with the hydrocarbon working fluid in normal ORC unit operation. This gives slightly lower temperatures than if using the hydrocarbon working fluid, but maintains the design pressure ratio across the pump and scroll. The results observed in terms of overall efficiency and Heat to Power ratio appeared plausible and, based on reasonable developmental assumptions, would appear to translate to a Heat to Power ratio for series produced �boiler replacement� units within the range 10:1 to 11.2:1, over a range of flow temperatures from 60 to 75 degrees C.
The scroll expander is based upon the use of a standard automotive air-conditioning compressor, running in reverse as an expander. This has a built-in volume ratio which limits the performance of the ORC to some extent. There is scope to increase the volume ratio of the scroll to improve the overall performance. However, this would require custom built scrolls, which would increase costs, at least initially. The current design, utilising a standard scroll, appears to be a sound, pragmatic approach to bring the product to market quickly. a high efficiency permanent magnet generator is utilised, to provide the unconditioned electrical output from the unit. a custom designed electronics module will complete the make-up of the system. This will serve to convert the unconditioned 3-phase output from the generator into a regulated single phase output and provide the necessary protection measures for connection to the public electricity supply network, together with the provision of additional functionalities, namely speed control for the ORC pump and control loop interfaces for standard central heating controls. The system as described above provides the essential basis for the engineering developmental units, which may then be further developed into pre-series and ultimately production units. TECHNOLOGY VALIDATION - The ORC is contained within a separate module. This has a number of important advantages, including: - on-site installation (safe lifting weight for all items) - separate manufacture - wider choice of working fluids and improved safety - the avoidance of the operational problems encountered with Battelle�s concept demonstrator design, where the direct gas flame heating of the evaporator caused degradation of the oil necessary to lubricate both the scroll expander and the ORC pump -improved sound reduction - The complete Energetix mCHP Unit is engineered as a wall-hung, gas fired, boiler replacement. Its target volume envelope (800 mm x 480 mm x 380 mm) is comparable with some modern condensing boilers of similar thermal output. Target mass is 70 kg with a maximum lift of any one component of 30 kg (the unit will be assembled on-site into the �boiler� case), making it safe for handling by a two man installation team.
Technology Overview by EA ● The current design of the Energetix mCHP Unit has evolved from a concept demonstrator created and patented by Battelle Memorial Institute (�Battelle�) in the USA. The concept demonstrator was a floor mounted unit with peak electrical and thermal outputs of 3 kWe and 33 kWt, respectively. Electrical output was 3-phase, from a directly coupled induction generator. The working fluid within the ORC was HFC 245fa � a synthetic hydrofluorocarbon. The original Battelle Patent was assigned to Energetix in April 2003. ● As was noted previously, the essential modus operandi of the ORC system follows that of a Rankine thermodynamic cycle. Here, evaporation of the high pressure liquid phase working fluid takes place in an externally heated evaporator unit, with the high pressure vapour then being expanded through an 45 expander (in this case a scroll expander), to produce a work output, which is converted into electrical energy via a generator. The low pressure vapour phase is then condensed back to the liquid phase in a condenser unit, thereby releasing thermal output, for recovery into the domestic heating system. The cycle is completed via return of the liquid phase to the evaporator at an elevated pressure, via an ORC feed pump. ● The overall design philosophy is to utilise standardised, readily available components as far as is practicable, in order to minimise capital cost. As embodied in the Energetix mCHP Unit, the system incorporates the following principal components: � a steam/water thermosiphon loop is employed, to transfer heat from the burner to the evaporator. This represents a departure from the directly heated evaporator design, previously employed in the Battelle unit and allows a wider choice of working fluid. Energetix have therefore selected a hydrocarbon working fluid, in order to give improved thermodynamic performance and environmental benefits, relative to the Battelle unit. The use of the thermosiphon also allows simple integration of an auxiliary heat exchanger to increase the heat output from the unit. The burner and steam coil used are modifications of an existing boiler burner design. � Plate heat exchangers are utilised for the other heat exchanger elements, based upon low cost series produced designs used in the boiler and air conditioning industries. � a readily available rotary vane pump is used as the ORC feed pump. The design is limited to a pressure lift of 16 bar, but this is not regarded as a limitation by the design team (currently a lift of around 12 bar is utilised). More to come MORGO on the scroll expander and its limitations and future possibilities
Jalpa, apologies I had no time to reply to you earlier questions and will pass on them this evening. My three earlier posts tonight really mark the beginning of Hutchings endeavours. 1.5 million raised initially. It may be of some interest to some.
nergetix Group plc (AIM: EGX), the alternative energy specialist announces its maiden preliminary results for the year ended 31 December 2006: Operational highlights �Genlec field trial under household conditions commenced in early 2007; �key micro Combined Heat and Power ('mCHP') patent granted in Europe; �Pnu Power Uninterruptible Power Supply System output increased by 50% from 20kW to 30kW; �dedicated management teams for both Genlec and Pnu Power now in place. Financial Highlights �raised �5.4 million net of expenses and admission to the AIM Market of the London Stock Exchange plc ('AIM'); �cash at bank and in hand at 31 December 2006 �4.4 million; �loss before taxation �1.0 million (2005: �0.3 million). Commenting on the results, Adrian Hutchings, Chief Executive Officer, said: '2006 was a milestone year for Energetix and since floating on AIM in August, the Company has made significant progress in all areas of the business, particularly with the Genlec product which was granted a key patent and is now undergoing field trials supporting our strategy of being the first to market with a lightweight wall-hung mCHP boiler.' 'The Company's expansion and progress is underpinned by the new facilities that have been established for both Pnu Power and Genlec and two highly skilled and dedicated management teams have been put in place to maintain the rapid progress towards commercialisation of these two products.'
Axiomlab invested back in 2001 then in August 2006... Energetix Group plc, (AIM:EGX), an alternative energy products company aimed at selling two products to the European boiler market and the global battery market for Uninterruptible Power Supplied (UPS), is pleased to announce that its shares commence trading on AIM today. Energetix has raised �5.4m (net) through a Placing of 12.5m Ordinary Shares and 2.5m EIS Placing Shares (the 'Placing'). At the Placing Price of 40p per Share, Energetix will have a market capitalisation of approximately �18.0m. The funds raised will be split between the two subsidiary companies responsible for Genlec and Pnu Power products. These funds will be used on operations and recruitment of key personnel, product development, field trials and obtaining certification. Commenting on the Placings and Admission, Adrian Hutchings Chief Executive Officer of Energetix said: 'The Placings and Admission provides the capital to bring our products to market and full commercialisation.'History and Background The business was established by Adrian Hutchings in 1997, having spent the previous four years at British Nuclear Fuels plc ('BNFL') developing alternative energy products and identifying new business ventures for energy systems. Energetix raised �1.3m of private equity funds to develop products for both the energy storage and distributed generation markets. Energetix had identified the need for new products for these markets and initiated a search for intellectual property that could be developed to produce suitable products. A number of technologies were considered, including the Fuel Cell and the Stirling Engine. In 2002, technology was identified at Battelle with the potential to be a low cost product, based on mass produced components. Energetix subsequently entered into a joint venture with Battelle to develop the technology in 2003. Energetix started development of Genlec in 2003 and identified that the core technology within the Genlec system could also be utilised for energy storage The final micro CHP appliance is effectively two modules within the case of a single boiler; one is the boiler unit as produced by the boiler manufacturer, the second is Genlec, currently produced by Energetix. These two units are connected in the boiler case but are in effect two separate units so Genlec can be easily removed and replaced.
AXIOMLAB FUNDS ENERGETIX GROUP LTD Axiomlab plc ('Axiomlab' or 'the Company'), the regional provider of capital and business building expertise, and Energetic Communications Ltd today announce a new partnership and the formation of Energetix Group Ltd (' Energetix' or 'the Group'). Axiomlab has invested �625,000 (via a mixture of cash and debt finance) for 40.23% of Energetix and committed management resources into the Group. Energetic Communications Ltd has transferred its entire business operations and resources into Energetix. Background to Energetix The principal focus of the Group is in new energy technologies, in particular distributed, renewable and energy efficiency technologies, for example energy generation and storage products such as fuel cells, micro-turbines, photo-voltaic cells and fly wheels. Energetix's business is to identify and develop these early stage energy related technologies and, in partnership with Axiomlab, provide infrastructure, management, and technical resources. To identify sources of intellectual property Energetix has developed a network of relationships with major industrial partners and academic institutions, in particular with EA Technology Limited, Manchester Innovation Ltd (a wholly owned subsidiary of the University of Manchester) and British Nuclear Fuels plc for non-nuclear technologies. The Energetix business model has already successfully identified, secured, and developed intellectual property from EA Technology Ltd (Thermetica Ltd) and from Manchester Innovation Ltd (Energetic Laser Technologies Ltd).
" Put the bolier out Norman before you lock up will you " " It's out already Mother, I put it in the swamp with the lady from number one "
"LOS GEH - MACH IHN JUNGEN " One cleaner to another... " Who the hell is that shouting at five in the morning " the other...." Its the new CEO - Weasel they call him, and he's cleared the fourth floor up there of desks and got all the directors to come in four hours early for square bashing - in their vests and pants - I looked through the keyhole." One... "Is he the one rumoured to wear the thick leather horse hide gestapo coat and jack boots who sports a monacle, and marches round goose stepping, inspecting everything with a sharp stick " Other " Yeah that's him, he clicks his heels all the time, and a lot are so frightened of being late in, they sleep over, but he's apparently turned the corner with his methods, and he's got the whole firm moving to bigger barracks next month"............ Do sleep well and don't have nightmares a lot of stories never happen........ 2013...Story-telling helped, says Mr Hutchings. �We were able to capture the company in a few words. So many people have brilliant technology but they do not get anywhere.�
It's been quite an unusual day and where are we ? No evidence as yet, but a lot of murmurings and palpable anger at how a company can put so much in, and I totted up 90 million in four failed enterprises. If only one had succeeded we might have had a few brass farthings to share around us, and we could have proudly kept them a few years and maybe show them to the next generation and said " I was there and that was technology second decade in after the naughties". Some Ruskies kept their guns from Stalingrad; the weighty little Lugers, the gas masks and filters. The Thompson fully automatic rifle was a good bit of kit could get 50 killers out of its drum to put well paid to any silly biffos in the Third Reich who removed their steel coal skuttles for a head scratch. These were souvenirs of technology back then and they bloody worked verdamnte sheise ! The directors moaned at on here are Stiff, Barker and to a small degree Claire, mainly Stiff though. I always look at Beasely and Canham and their token share buys, one cannot criticize that but it was a sign - well no directors went large but Stiff and that impressive 97k in his last splurge before his death throes. He splashed out 25k in the funding earlier, if I remember it right. What was all that about when the company was soon to be on its knees. The board never got anywhere near the 3% that signifies robust health, and Stiff's large salary initially accounted for a lot of his share. Just hope the teds are safely locked up in their beds !
Teotihuacan ...erm scratching head.. is that where our bumpers joined ? Women don't talk but they can stalk I'm off for a bloody good walk
You're all after me the man that helped when you just yelp and scream blue murder you're not fit for your tea I'm off to the small room and leave you two turders to vacate the area soon as soon as I shout MURDER off with yer heads straight in yer tombs labelled beds for teds
enjoyed that gangland Biff you aren't half hot mum full of spice at a nice old clip we could be chums not a bit of nasty no, nice your not lucky legs who had a bit with Noye and then a tiff or Mossak Fonseca the Panama paper big hit Anyway I enjoyed it with me chips
Biff your Stiff will make a rift with you and your silly tiffs and why do I open eyed get so on your t*ts and let it so slip yeah you got fired but me I'm tired and just bored outta me fookin wits
I will leave you with a little airing of a teensy weensy bit of very English scandal and leave it to flow into your open window and air your furniture with intrigue and out through the same window You might as well make a cup of tea it goes awfully well with a little bit of nice well raisoned biscuit conspiracy. [SAILS AND BOATS AND PLANES no that wont do] RABBITS and HUTCH AND THINGS.... better.... Now a man came out of his hutch he looked around and about him and saw problems most of his own making and he had nowhere to hide He'd sold one house quite near the rabbit factory for 200,000 carrots a little before rabbits rabbits rabbits started volume production He had another house and worth three times as many carrots and sold that in April 2016 just a couple of weeks before the rabbit results came out at the end of the month. Suddenly the rabbits were nowhere to be seen not a factory sausage of one or even a single large floppy ear to be seen so he took his honey with plenty of money wrapped up in a new boiler quote and they sailed away for a year and a day soon to reach the land of bees and he said come on honey lets gather our well earned fees and hard earned money and start yet another go green - yes a facility to simply help the bees to get more out than they've already got there between their knees
I'll finish as I've started... "or can you recite the the famous scientific sketch words which amusingly sum up the Otto cycle ?" YES.... Get off Vine yer videos aint fine yer fat bum cryin if you want to score a catch charge yer hummer undo the latch drive you bummer hammer it to Tryland take out yer tot take out a baht try not to fart and then sing it loud.... I'm a bummer a real deal bummer what throt this summer will take out otto bummer to love and to cherrish I got me own slummer to hold me an relish your real deal bummer bring along your sis I'll be your bummer your real deal bummer.